20,424 Shares in NextEra Energy, Inc. $NEE Bought by Trail Ridge Investment Advisors LLC

Trail Ridge Investment Advisors LLC acquired a new stake in NextEra Energy, Inc. (NYSE:NEE) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 20,424 shares of the utilities provider’s stock, valued at approximately $1,793,000. NextEra Energy accounts for approximately 0.8% of Trail Ridge Investment Advisors LLC’s investment portfolio, making the stock its 22nd biggest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Norges Bank acquired a new stake in NextEra Energy in the fourth quarter valued at approximately $2,816,327,000. GQG Partners LLC acquired a new position in shares of NextEra Energy during the second quarter worth $651,293,000. Employees Provident Fund Board purchased a new position in shares of NextEra Energy in the fourth quarter valued at $240,840,000. Amundi boosted 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 valued at $1,012,129,000 after purchasing an additional 1,780,881 shares during the period. Finally, Haverford Trust Co acquired a new stake in NextEra Energy during the 2nd quarter valued at $151,706,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Price Performance

NEE opened at $82.46 on Tuesday. The company has a market capitalization of $172.00 billion, a P/E ratio of 18.53, a PEG ratio of 2.24 and a beta of 0.67. The company has a 50-day moving average of $86.88 and a 200-day moving average of $89.64. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. NextEra Energy, Inc. has a 1-year low of $69.24 and a 1-year high of $98.75.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping the consensus estimate of $1.11 by $0.04. The business had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The company’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities analysts expect that NextEra Energy, Inc. will post 4.01 EPS 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. Stockholders 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 annualized dividend and a dividend yield of 3.0%. NextEra Energy’s dividend payout ratio (DPR) is presently 55.96%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on NEE shares. Mizuho set a $95.00 price objective on shares of NextEra Energy in a report on Monday, July 27th. HC Wainwright reaffirmed a “buy” rating on shares of NextEra Energy in a research report on Monday, July 27th. Weiss Ratings cut NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. JPMorgan Chase & Co. raised their price objective on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. Finally, Wall Street Zen lowered NextEra Energy from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 22nd. Seventeen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price 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.