Texas Capital Bank Wealth Management Services Inc Grows Stock Position in NextEra Energy, Inc. $NEE

Texas Capital Bank Wealth Management Services Inc lifted its position in NextEra Energy, Inc. (NYSE:NEE) by 12.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 102,946 shares of the utilities provider’s stock after acquiring an additional 11,064 shares during the period. Texas Capital Bank Wealth Management Services Inc’s holdings in NextEra Energy were worth $9,036,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in NextEra Energy during the 4th quarter worth $2,816,327,000. Employees Provident Fund Board acquired a new stake in shares of NextEra Energy in the fourth quarter valued at about $240,840,000. Amundi lifted its stake in shares of NextEra Energy by 16.7% in the third quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock worth $1,012,129,000 after buying an additional 1,780,881 shares in the last quarter. Caisse de depot et placement du Quebec boosted its position in NextEra Energy by 64.4% during the fourth quarter. Caisse de depot et placement du Quebec now owns 3,715,931 shares of the utilities provider’s stock worth $298,315,000 after acquiring an additional 1,456,185 shares during the last quarter. Finally, DJE Kapital AG grew its stake in NextEra Energy by 285.7% during the 1st quarter. DJE Kapital AG now owns 1,800,015 shares of the utilities provider’s stock valued at $165,313,000 after acquiring an additional 1,333,332 shares in the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts have recently weighed in on NEE shares. Erste Group Bank cut NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. JPMorgan Chase & Co. upped their target price on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. Wall Street Zen downgraded NextEra Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 22nd. Bank of America dropped their price objective on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a report on Monday, July 13th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $108.00 target price on shares of NextEra Energy in a research note on Monday, July 27th. Seventeen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $100.33.

NextEra Energy Stock Down 0.8%

Shares of NYSE:NEE opened at $83.51 on Friday. The company has a market capitalization of $174.18 billion, a price-to-earnings ratio of 18.77, a PEG ratio of 2.30 and a beta of 0.67. NextEra Energy, Inc. has a 12-month low of $69.24 and a 12-month high of $98.75. The business has a 50-day moving average price of $87.05 and a 200 day moving average price of $89.75. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45.

NextEra Energy (NYSE:NEE) last announced 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. The company had revenue of $7.53 billion during 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%. NextEra Energy’s revenue was up 12.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Sell-side analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be issued a $0.6232 dividend. This represents a $2.49 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is 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.