Premier Fund Managers Ltd Lowers Holdings in NextEra Energy, Inc. $NEE

Premier Fund Managers Ltd reduced its position in NextEra Energy, Inc. (NYSE:NEE) by 19.4% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 25,000 shares of the utilities provider’s stock after selling 6,000 shares during the quarter. Premier Fund Managers Ltd’s holdings in NextEra Energy were worth $2,215,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of NEE. Laurel Wealth Advisors LLC purchased a new stake in shares of NextEra Energy in the fourth quarter valued at about $25,000. Anfield Capital Management LLC raised its holdings in NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 270 shares in the last quarter. Wealth Watch Advisors INC lifted its position in NextEra Energy by 223.8% in the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 226 shares during the period. Osbon Capital Management LLC acquired a new stake in NextEra Energy in the fourth quarter valued at about $27,000. Finally, Strive Asset Management LLC acquired a new stake in NextEra Energy in the third quarter valued at about $29,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Trading Up 0.2%

NYSE:NEE opened at $86.18 on Friday. The company has a market capitalization of $179.75 billion, a PE ratio of 19.37, a price-to-earnings-growth ratio of 2.35 and a beta of 0.67. 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 52-week low of $69.24 and a 52-week high of $98.75. The stock has a fifty day simple moving average of $87.17 and a 200-day simple moving average of $89.95.

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

NextEra Energy Dividend Announcement

The firm 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 $0.6232 dividend. The ex-dividend date is Friday, August 28th. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. NextEra Energy’s dividend payout ratio is currently 55.96%.

Analysts Set New Price Targets

NEE has been the topic of several recent analyst reports. DA Davidson boosted their target price on NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Scotiabank raised their price target on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a report on Friday, April 24th. Barclays set a $91.00 price target on NextEra Energy and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Mizuho set a $95.00 price objective on NextEra Energy in a research report on Monday, July 27th. Finally, JPMorgan Chase & Co. increased their price objective on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $99.36.

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.