NextEra Energy, Inc. $NEE Shares Acquired by Annex Advisory Services LLC

Annex Advisory Services LLC boosted its holdings in NextEra Energy, Inc. (NYSE:NEE) by 13.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 711,009 shares of the utilities provider’s stock after purchasing an additional 86,585 shares during the period. NextEra Energy comprises 1.1% of Annex Advisory Services LLC’s portfolio, making the stock its 29th largest position. Annex Advisory Services LLC’s holdings in NextEra Energy were worth $62,405,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of NEE. Cardinal Capital Management Inc. grew its position in shares of NextEra Energy by 1.0% during the second quarter. Cardinal Capital Management Inc. now owns 439,005 shares of the utilities provider’s stock worth $38,531,000 after buying an additional 4,391 shares in the last quarter. Tema ETFs LLC raised its holdings in NextEra Energy by 39.0% in the second quarter. Tema ETFs LLC now owns 482,897 shares of the utilities provider’s stock valued at $42,384,000 after acquiring an additional 135,501 shares in the last quarter. Stonekeep Investments LLC raised its holdings in NextEra Energy by 3.5% in the second quarter. Stonekeep Investments LLC now owns 6,541 shares of the utilities provider’s stock valued at $574,000 after acquiring an additional 221 shares in the last quarter. Clarus Wealth Advisors boosted its stake in NextEra Energy by 24.8% during the 2nd quarter. Clarus Wealth Advisors now owns 6,956 shares of the utilities provider’s stock valued at $608,000 after acquiring an additional 1,382 shares during the last quarter. Finally, Generali Investments Management Co LLC boosted its stake in NextEra Energy by 8.8% during the 2nd quarter. Generali Investments Management Co LLC now owns 20,649 shares of the utilities provider’s stock valued at $1,812,000 after acquiring an additional 1,677 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. TD Cowen raised their price objective on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Erste Group Bank lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $108.00 price target on shares of NextEra Energy in a research report on Monday, July 27th. Bank of America decreased their price target on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research note on Monday, July 13th. Finally, Wall Street Zen lowered NextEra Energy from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $99.36.

NextEra Energy Stock Up 1.2%

Shares of NYSE:NEE opened at $85.72 on Wednesday. The company’s fifty day moving average is $87.14 and its two-hundred day moving average is $89.96. 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. The stock has a market capitalization of $178.79 billion, a price-to-earnings ratio of 19.26, a price-to-earnings-growth ratio of 2.32 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 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 business 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 EPS. The company’s quarterly 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. Equities analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be paid a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Friday, August 28th. NextEra Energy’s payout ratio is presently 55.96%.

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.