NextEra Energy, Inc. $NEE Shares Acquired by Swiss Life Asset Management Ltd

Swiss Life Asset Management Ltd boosted its stake in NextEra Energy, Inc. (NYSE:NEE) by 9.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 454,368 shares of the utilities provider’s stock after purchasing an additional 39,025 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in NextEra Energy were worth $39,880,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of NextEra Energy during the 4th quarter valued at $2,816,327,000. Employees Provident Fund Board purchased a new position in shares of NextEra Energy in the 4th quarter worth $240,840,000. Pictet Asset Management Holding SA raised its position in shares of NextEra Energy by 47.3% in the 4th quarter. Pictet Asset Management Holding SA now owns 9,254,022 shares of the utilities provider’s stock worth $742,913,000 after buying an additional 2,972,924 shares during the period. Vanguard Group Inc. boosted its holdings in NextEra Energy by 1.0% in the fourth 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 last quarter. Finally, Amundi boosted its holdings in NextEra Energy by 16.7% in the third quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock valued at $1,012,129,000 after acquiring an additional 1,780,881 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on NEE shares. HSBC upped their price target on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Scotiabank boosted their target price on NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Barclays set a $91.00 target price on shares of NextEra Energy and gave the stock an “equal weight” rating in a research report on Tuesday, July 7th. BMO Capital Markets lifted their price target on shares of NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. Finally, HC Wainwright reiterated a “buy” rating on shares of NextEra Energy in a research note on Monday, July 27th. Seventeen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, NextEra Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $100.43.

NextEra Energy Trading Down 0.3%

Shares of NEE opened at $85.98 on Thursday. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. The stock’s 50-day moving average is $87.26 and its two-hundred day moving average is $89.94. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. The stock has a market cap of $179.33 billion, a PE ratio of 19.32, a P/E/G ratio of 2.36 and a beta of 0.67.

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

NextEra Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be given a $0.6232 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is 55.96%.

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.