Banco Bilbao Vizcaya Argentaria S.A. Sells 165,826 Shares of NextEra Energy, Inc. $NEE

Banco Bilbao Vizcaya Argentaria S.A. reduced its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 25.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 488,997 shares of the utilities provider’s stock after selling 165,826 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in NextEra Energy were worth $39,340,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Indivisible Partners purchased a new position in NextEra Energy during the 4th quarter valued at $1,355,000. First Long Island Investors LLC purchased a new position in NextEra Energy during the 3rd quarter valued at $14,198,000. SevenBridge Financial Group LLC increased its position in NextEra Energy by 39.7% during the 3rd quarter. SevenBridge Financial Group LLC now owns 49,603 shares of the utilities provider’s stock valued at $3,745,000 after purchasing an additional 14,089 shares during the period. Carnegie Investment Counsel increased its position in NextEra Energy by 9.4% during the 4th quarter. Carnegie Investment Counsel now owns 458,141 shares of the utilities provider’s stock valued at $36,780,000 after purchasing an additional 39,250 shares during the period. Finally, Swedbank AB increased its position in NextEra Energy by 13.4% during the 4th quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock valued at $81,615,000 after purchasing an additional 120,389 shares during the period. 78.72% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

NEE has been the topic of a number of research analyst reports. BMO Capital Markets reduced their price objective on shares of NextEra Energy from $104.00 to $102.00 and set an “outperform” rating on the stock in a research report on Monday, May 18th. JPMorgan Chase & Co. boosted their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. DA Davidson boosted their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Jefferies Financial Group upped their target price on shares of NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a research report on Tuesday, April 21st. Finally, Evercore reaffirmed an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $99.57.

NextEra Energy Stock Performance

Shares of NEE stock opened at $85.73 on Thursday. NextEra Energy, Inc. has a one year low of $67.20 and a one year high of $98.75. The company’s 50-day moving average is $90.52 and its 200 day moving average is $88.28. The company has a market capitalization of $178.78 billion, a price-to-earnings ratio of 21.82, a price-to-earnings-growth ratio of 2.53 and a beta of 0.68. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating the consensus estimate of $1.03 by $0.06. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The company had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. During the same period in the prior year, the firm posted $0.99 EPS. NextEra Energy’s revenue for the quarter was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Sell-side analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were given a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Friday, June 5th. NextEra Energy’s dividend payout ratio is 63.36%.

NextEra Energy 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.