NextEra Energy, Inc. $NEE Shares Acquired by New Republic Capital LLC

New Republic Capital LLC boosted its position in NextEra Energy, Inc. (NYSE:NEE) by 205.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,367 shares of the utilities provider’s stock after acquiring an additional 12,345 shares during the quarter. New Republic Capital LLC’s holdings in NextEra Energy were worth $1,612,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Norges Bank acquired a new stake in NextEra Energy during the fourth quarter worth approximately $2,816,327,000. Employees Provident Fund Board purchased a new stake in shares of NextEra Energy in the fourth quarter valued at about $240,840,000. Pictet Asset Management Holding SA raised its stake in NextEra Energy by 47.3% during the 4th quarter. Pictet Asset Management Holding SA now owns 9,254,022 shares of the utilities provider’s stock valued at $742,913,000 after acquiring an additional 2,972,924 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of NextEra Energy by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock worth $17,343,185,000 after purchasing an additional 2,234,176 shares during the last quarter. Finally, Amundi increased its stake in NextEra Energy by 16.7% in the 3rd quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock valued at $1,012,129,000 after buying an additional 1,780,881 shares during the period. 78.72% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NEE has been the subject of a number of analyst reports. Erste Group Bank downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. JPMorgan Chase & Co. boosted their price target on shares of NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Wall Street Zen cut shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a report on Saturday. DA Davidson increased their price objective on NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, TD Cowen lifted their price target on shares of NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Seventeen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, NextEra Energy presently has an average rating of “Moderate Buy” and a consensus target price of $100.33.

NextEra Energy Price Performance

Shares of NYSE:NEE opened at $83.71 on Friday. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75. The business has a fifty day simple moving average of $87.22 and a 200-day simple moving average of $89.88. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. The company has a market cap of $174.60 billion, a P/E ratio of 18.81, a P/E/G ratio of 2.33 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last issued its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The business had revenue of $7.53 billion for the quarter, compared to analyst estimates of $8.11 billion. During the same period last year, the company posted $1.05 EPS. The business’s quarterly 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. Equities research analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The company also recently declared 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. This represents a $2.49 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is presently 55.96%.

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.