Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 45.2% during the first quarter, HoldingsChannel.com reports. The firm owned 29,760 shares of the utilities provider’s stock after purchasing an additional 9,265 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in NextEra Energy were worth $2,764,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in the stock. Norges Bank purchased a new stake in NextEra Energy during the fourth quarter worth about $2,816,327,000. Employees Provident Fund Board purchased a new position in NextEra Energy in the fourth quarter valued at about $240,840,000. Pictet Asset Management Holding SA increased its holdings in NextEra Energy by 47.3% in the fourth quarter. Pictet Asset Management Holding SA now owns 9,254,022 shares of the utilities provider’s stock valued at $742,913,000 after buying an additional 2,972,924 shares in the last quarter. Danica Pension Livsforsikringsaktieselskab acquired a new stake in shares of NextEra Energy during the 3rd quarter valued at approximately $177,198,000. Finally, Vanguard Group Inc. lifted its position in shares of NextEra Energy by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock valued at $17,343,185,000 after acquiring an additional 2,234,176 shares during the period. Hedge funds and other institutional investors own 78.72% of the company’s stock.
Trending Headlines about NextEra Energy
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: Zacks highlighted NextEra Energy’s recent outperformance versus the broader market, likely reflecting investor confidence in the utility’s earnings resilience and defensive profile. NextEra Energy (NEE) Laps the Stock Market: Here’s Why
- Positive Sentiment: Analysts continue to view NextEra as positioned to benefit from surging power demand tied to AI and data centers, which could support long-term utility growth and investment in grid expansion.
- Positive Sentiment: Recent coverage also noted that NextEra has a history of beating earnings estimates, reinforcing expectations for steady execution when it reports results. Will NextEra (NEE) Beat Estimates Again in Its Next Earnings Report?
- Neutral Sentiment: Bank of America trimmed its price target on NextEra Energy to $93 from $95 while keeping a neutral rating, which signals continued caution but still implies limited upside from recent trading levels.
- Neutral Sentiment: Several articles discussed broader utility-sector themes, including renewable investment, nuclear restarts, and ETF stability, but they did not provide company-specific catalysts for NEE.
- Negative Sentiment: Rising power bills, grid strain, and unpaid utility bills tied to AI-driven electricity demand could pressure the utility sector overall, even if they also create growth opportunities for well-positioned utilities like NextEra. The AI-Driven Rise in Power Bills Are Causing a $25 Billion Problem for Utility Stocks
Analysts Set New Price Targets
Read Our Latest Analysis on NEE
NextEra Energy Stock Up 1.4%
NEE opened at $89.58 on Wednesday. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. The firm has a market cap of $186.80 billion, a P/E ratio of 22.79, a PEG ratio of 2.59 and a beta of 0.67. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75. The business’s fifty day simple moving average is $88.24 and its 200 day simple moving average is $89.06.
NextEra Energy (NYSE:NEE – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The firm had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.43 billion. During the same quarter last year, the business posted $0.99 EPS. The firm’s quarterly revenue was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, equities research analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.
NextEra Energy Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were issued a dividend of $0.6232 per share. The ex-dividend date was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.8%. NextEra Energy’s payout ratio is 63.36%.
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.
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