Ieq Capital LLC Makes New $2.23 Million Investment in NextEra Energy, Inc. $NEE

Ieq Capital LLC bought a new position in NextEra Energy, Inc. (NYSE:NEE) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 25,351 shares of the utilities provider’s stock, valued at approximately $2,225,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC lifted its position in NextEra Energy by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock valued at $3,781,790,000 after acquiring an additional 966,152 shares in the last quarter. Norges Bank bought a new stake in shares of NextEra Energy in the 4th quarter worth $2,816,327,000. Price T Rowe Associates Inc. MD raised its stake in shares of NextEra Energy by 6.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 18,365,788 shares of the utilities provider’s stock worth $1,474,407,000 after purchasing an additional 1,136,074 shares during the last quarter. Deutsche Bank AG raised its stake in shares of NextEra Energy by 2.9% in the fourth quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock worth $1,387,347,000 after purchasing an additional 485,854 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of NextEra Energy by 1.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 17,220,630 shares of the utilities provider’s stock valued at $1,382,473,000 after purchasing an additional 253,273 shares in the last quarter. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Price Performance

NYSE NEE opened at $81.74 on Friday. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75. The firm has a market capitalization of $170.49 billion, a P/E ratio of 18.37, a PEG ratio of 2.24 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. The company has a 50-day moving average price of $86.95 and a 200-day moving average price of $89.70.

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

NextEra Energy Announces Dividend

The business also recently declared 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 is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a yield of 3.0%. NextEra Energy’s dividend payout ratio is presently 55.96%.

Analysts Set New Price Targets

Several equities research analysts recently commented on NEE shares. DA Davidson increased their price objective on NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Mizuho set a $95.00 target price on NextEra Energy in a research report on Monday, July 27th. Morgan Stanley set a $114.00 target price on shares of NextEra Energy and gave the company an “overweight” rating in a research note on Friday, August 21st. JPMorgan Chase & Co. lifted 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. Finally, BMO Capital Markets boosted their price objective on shares of NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Seventeen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, NextEra Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $100.33.

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.