Quantbot Technologies LP Takes Position in NextEra Energy, Inc. $NEE

Quantbot Technologies LP acquired a new position in shares of NextEra Energy, Inc. (NYSE:NEE) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 60,812 shares of the utilities provider’s stock, valued at approximately $5,337,000.

Other large investors also recently made changes to their positions in the company. Evolve Private Wealth LLC bought a new stake in NextEra Energy in the 2nd quarter valued at about $746,000. WealthShield Partners LLC bought a new position in NextEra Energy in the second quarter worth approximately $1,976,000. Madison Wealth Partners Inc acquired a new stake in NextEra Energy in the second quarter valued at approximately $503,000. Varma Mutual Pension Insurance Co bought a new stake in shares of NextEra Energy during the second quarter valued at approximately $27,015,000. Finally, George Kaiser Family Foundation bought a new stake in shares of NextEra Energy during the second quarter valued at approximately $235,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

NEE has been the topic of a number of recent research reports. JPMorgan Chase & Co. increased their target price on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Wall Street Zen downgraded shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a report on Saturday, August 22nd. Evercore reaffirmed an “outperform” rating and issued a $107.00 price objective on shares of NextEra Energy in a research note on Monday, May 4th. HC Wainwright reiterated a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $108.00 target price on shares of NextEra Energy in a research report on Monday, July 27th. Seventeen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $100.33.

NextEra Energy Price Performance

NextEra Energy stock opened at $81.74 on Monday. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75. The company’s 50 day moving average price is $86.95 and its two-hundred day moving average price is $89.70. 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 stock has a market cap of $170.49 billion, a P/E ratio of 18.37, a P/E/G ratio of 2.24 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last released 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. The company had revenue of $7.53 billion during the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.NextEra Energy’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period in the prior year, the company posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, equities analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The firm also recently disclosed 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 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy’s dividend payout ratio is 55.96%.

NextEra Energy Company 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.