Groupe la Francaise Increases Holdings in NextEra Energy, Inc. $NEE

Groupe la Francaise lifted its holdings in NextEra Energy, Inc. (NYSE:NEE) by 49.4% in the second quarter, HoldingsChannel.com reports. The fund owned 464,927 shares of the utilities provider’s stock after buying an additional 153,708 shares during the quarter. Groupe la Francaise’s holdings in NextEra Energy were worth $40,618,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NEE. California State Teachers Retirement System increased its holdings in NextEra Energy by 8,297.4% in the 2nd quarter. California State Teachers Retirement System now owns 222,175,185 shares of the utilities provider’s stock valued at $19,500,316,000 after acquiring an additional 219,529,415 shares during the last quarter. Norges Bank bought a new stake in shares of NextEra Energy in the fourth quarter worth about $2,816,327,000. Legal & General Group Plc purchased a new stake in shares of NextEra Energy in the second quarter worth about $1,465,987,000. GQG Partners LLC bought a new position in NextEra Energy during the second quarter valued at approximately $651,293,000. Finally, Canada Pension Plan Investment Board purchased a new position in NextEra Energy during the 2nd quarter valued at approximately $389,527,000. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Trading Down 0.1%

NEE stock opened at $83.33 on Monday. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. NextEra Energy, Inc. has a twelve month low of $69.24 and a twelve month high of $98.75. The stock has a market capitalization of $173.81 billion, a price-to-earnings ratio of 18.73, a price-to-earnings-growth ratio of 2.58 and a beta of 0.65. The firm’s fifty day simple moving average is $86.54 and its two-hundred day simple moving average is $89.38.

NextEra Energy (NYSE:NEE) last released its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $8.11 billion. During the same quarter last year, the business earned $1.05 EPS. The business’s 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, analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders 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 payout ratio is 55.96%.

Analyst Ratings Changes

A number of analysts have issued reports on NEE shares. Jefferies Financial Group set a $94.00 price objective on NextEra Energy in a research note on Tuesday, July 14th. Morgan Stanley set a $114.00 price target on shares of NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, August 21st. Erste Group Bank lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Sanford C. Bernstein restated an “outperform” rating and issued a $108.00 target price on shares of NextEra Energy in a report on Monday, July 27th. Finally, HC Wainwright restated a “buy” rating on shares of NextEra Energy in a research report on Monday, July 27th. Seventeen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $100.33.

NextEra Energy Company Profile

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.