NFJ Investment Group LLC Buys New Shares in NextEra Energy, Inc. $NEE

NFJ Investment Group LLC purchased a new position in shares of NextEra Energy, Inc. (NYSE:NEE) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 491,075 shares of the utilities provider’s stock, valued at approximately $43,102,000. NextEra Energy accounts for 1.5% of NFJ Investment Group LLC’s investment portfolio, making the stock its 16th biggest position.

A number of other hedge funds also recently bought and sold shares of the stock. Brighton Jones LLC grew its position in shares of NextEra Energy by 7.0% during the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock worth $2,028,000 after buying an additional 1,840 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in NextEra Energy by 6.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock valued at $348,000 after acquiring an additional 298 shares in the last quarter. Acadian Asset Management LLC raised its holdings in NextEra Energy by 38.4% in the first quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider’s stock valued at $887,000 after acquiring an additional 3,479 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in NextEra Energy by 18.1% in the second quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider’s stock worth $386,000 after acquiring an additional 852 shares during the last quarter. Finally, United Bank lifted its stake in NextEra Energy by 2.9% in the second quarter. United Bank now owns 15,596 shares of the utilities provider’s stock worth $1,083,000 after acquiring an additional 444 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on NEE shares. HC Wainwright reissued a “buy” rating on shares of NextEra Energy in a research report on Monday, July 27th. Evercore reiterated an “outperform” rating and set a $107.00 target price on shares of NextEra Energy in a research note on Monday, May 4th. Barclays set a $91.00 target price on NextEra Energy and gave the company an “equal weight” rating in a report on Tuesday, July 7th. BMO Capital Markets raised their price target on NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Finally, Jefferies Financial Group set a $94.00 price target on NextEra Energy in a report on Tuesday, July 14th. Seventeen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $100.33.

NextEra Energy Trading Down 2.1%

NYSE NEE opened at $81.74 on Friday. The firm’s fifty day moving average price is $86.95 and its 200 day moving average price is $89.70. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. 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 company has a market capitalization of $170.49 billion, a price-to-earnings ratio of 18.37, a price-to-earnings-growth ratio of 2.24 and a beta of 0.67.

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

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors 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 dividend on an annualized basis and a dividend yield of 3.0%. NextEra Energy’s dividend payout ratio 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.