E Fund Management Co. Ltd. Takes $671,000 Position in NextEra Energy, Inc. $NEE

E Fund Management Co. Ltd. purchased a new position in NextEra Energy, Inc. (NYSE:NEE) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,650 shares of the utilities provider’s stock, valued at approximately $671,000.

Several other institutional investors have also recently made changes to their positions in the company. Anfield Capital Management LLC raised its holdings in NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 270 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new stake in shares of NextEra Energy in the 4th quarter worth about $25,000. Financial Life Planners purchased a new position in NextEra Energy during the 1st quarter valued at about $30,000. Wealth Watch Advisors INC lifted its position in NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 226 shares during the period. Finally, Manning & Napier Advisors LLC grew its holdings in NextEra Energy by 104.9% in the first quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 172 shares during the period. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Down 2.1%

NEE opened at $81.74 on Friday. NextEra Energy, Inc. has a 1-year low of $69.24 and a 1-year high of $98.75. The firm’s 50 day simple moving average is $86.95 and its two-hundred day simple moving average is $89.70. The company has a market capitalization of $170.49 billion, a PE ratio of 18.37, a PEG ratio of 2.28 and a beta of 0.67. 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 quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The company had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. During the same period in the previous year, the company posted $1.05 EPS. The firm’s revenue was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be issued a dividend of $0.6232 per share. 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 currently 55.96%.

Wall Street Analysts Forecast Growth

NEE has been the topic of several recent research reports. BMO Capital Markets upped their price target on NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Barclays set a $91.00 target price on NextEra Energy and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. JPMorgan Chase & Co. lifted their price target on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $108.00 price target on shares of NextEra Energy in a research note on Monday, July 27th. Finally, Mizuho set a $95.00 price objective on shares of NextEra Energy in a research report on Monday, July 27th. Seventeen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, NextEra Energy has an average rating of “Moderate Buy” and an average price target of $100.33.

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.