PDT Partners LLC Invests $1.04 Million in NextEra Energy, Inc. $NEE

PDT Partners LLC purchased a new stake in shares of NextEra Energy, Inc. (NYSE:NEE) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 11,900 shares of the utilities provider’s stock, valued at approximately $1,044,000.

A number of other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC raised its stake in NextEra Energy by 7.0% during the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock worth $2,028,000 after purchasing an additional 1,840 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of NextEra Energy by 6.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock valued at $348,000 after buying an additional 298 shares during the period. Acadian Asset Management LLC grew its stake in shares of NextEra Energy by 38.4% in the 1st quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider’s stock valued at $887,000 after buying an additional 3,479 shares during the period. Sivia Capital Partners LLC increased its holdings in shares of NextEra Energy by 18.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider’s stock worth $386,000 after buying an additional 852 shares during the last quarter. Finally, United Bank increased its holdings in shares of NextEra Energy by 2.9% during the 2nd quarter. United Bank now owns 15,596 shares of the utilities provider’s stock worth $1,083,000 after buying an additional 444 shares during the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Price Performance

NextEra Energy stock opened at $82.46 on Tuesday. The company’s 50 day simple moving average is $86.88 and its 200-day simple moving average is $89.64. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The company has a market capitalization of $172.00 billion, a price-to-earnings ratio of 18.53, a price-to-earnings-growth ratio of 2.24 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm had revenue of $7.53 billion during the quarter, compared to analysts’ expectations of $8.11 billion. During the same quarter last year, the company posted $1.05 EPS. The firm’s quarterly revenue was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities research analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be given a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on NEE shares. Weiss Ratings cut NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Erste Group Bank lowered NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Mizuho set a $95.00 target price on NextEra Energy in a research note on Monday, July 27th. Bank of America reduced their target price on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a research report on Monday, July 13th. Finally, BMO Capital Markets increased their price target on NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. Seventeen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, NextEra Energy presently has an average rating of “Moderate Buy” and a consensus target price of $100.33.

About NextEra Energy

NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.