Waverly Advisors LLC raised its position in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 3.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 193,331 shares of the utilities provider’s stock after purchasing an additional 6,528 shares during the quarter. Waverly Advisors LLC’s holdings in NextEra Energy were worth $16,969,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. California State Teachers Retirement System boosted its position in shares of NextEra Energy by 8,297.4% during 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. Geode Capital Management LLC increased its position in NextEra Energy by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock worth $3,781,790,000 after purchasing an additional 966,152 shares during the last quarter. Norges Bank purchased a new stake in NextEra Energy during the fourth quarter valued at $2,816,327,000. Price T Rowe Associates Inc. MD raised its stake in NextEra Energy by 6.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 18,365,788 shares of the utilities provider’s stock valued at $1,474,407,000 after purchasing an additional 1,136,074 shares in the last quarter. Finally, Deutsche Bank AG lifted its position in NextEra Energy by 2.9% during the fourth quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock valued at $1,387,347,000 after purchasing an additional 485,854 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.
NextEra Energy Stock Performance
NextEra Energy stock opened at $83.90 on Wednesday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. NextEra Energy, Inc. has a 1-year low of $69.37 and a 1-year high of $98.75. The firm has a market capitalization of $175.00 billion, a P/E ratio of 18.85, a price-to-earnings-growth ratio of 2.58 and a beta of 0.65. The company’s 50-day moving average is $86.36 and its 200 day moving average is $89.26.
NextEra Energy Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be issued a dividend of $0.6232 per share. The ex-dividend date is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a yield of 3.0%. NextEra Energy’s payout ratio is presently 55.96%.
NextEra Energy News Roundup
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: NextEra and the U.S. Department of Energy reached financial close on a loan of up to $1.9 billion to support the restart of the 615-megawatt Duane Arnold Energy Center in Iowa. The facility, which closed in 2020, is targeted to return to service in the first quarter of 2029, subject to regulatory approvals. U.S. Department of Energy Closes Up to $1.9 Billion Loan to Restart NextEra Energy’s Duane Arnold Energy Center
- Positive Sentiment: Restarting Iowa’s only nuclear plant would add reliable, around-the-clock generation capable of serving nearly 500,000 homes. Investors may view the project as strategically valuable because utilities are seeking dependable power to meet surging demand from data centers and AI infrastructure. NextEra Just Secured Up to $1.9 Billion to Restart Iowa’s Only Nuclear Plant
- Positive Sentiment: Shareholders of NextEra and Dominion Energy reportedly approved their proposed merger, removing a significant transaction hurdle. If completed, the combination would create the largest regulated electric utility by market capitalization, potentially improving scale and long-term growth prospects. NextEra-Dominion Merger Wins Shareholder Backing
- Neutral Sentiment: NextEra management will meet with investors throughout September and early October to discuss long-term growth expectations. These meetings could provide additional clarity on the nuclear restart, merger execution and demand from AI-related electricity consumption. NextEra Energy to Meet With Investors
- Negative Sentiment: The Duane Arnold project remains dependent on Nuclear Regulatory Commission licensing, inspections and environmental approvals, leaving execution, timing and cost risks. Broader concerns that regulators are slowing data-center connections also temper the AI-driven utility growth narrative. XLU’s AI Power Story Crumbles as Texas Freezes Data-Center Demand
Analysts Set New Price Targets
A number of brokerages have commented on NEE. Jefferies Financial Group set a $94.00 price objective on shares of NextEra Energy in a research note on Tuesday, July 14th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $108.00 price target on shares of NextEra Energy in a report on Monday, July 27th. Wall Street Zen lowered NextEra Energy from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 22nd. JPMorgan Chase & Co. boosted their price objective on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Finally, Erste Group Bank lowered NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Seventeen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, NextEra Energy presently has a consensus rating of “Moderate Buy” and an average target price of $100.33.
Read Our Latest Research Report on NextEra Energy
NextEra Energy Company Profile
NextEra Energy, Inc is an electric power and energy infrastructure company headquartered in Juno Beach, Florida. Through its principal subsidiary, Florida Power & Light Company (FPL), it generates, transmits, distributes and sells electricity to customers in Florida. FPL serves residential, commercial and industrial customers across much of the state.
Through NextEra Energy Resources, the company develops, owns and operates power-generation and storage projects in the United States and Canada.
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