TD Waterhouse Canada Inc. Raises Stock Position in NextEra Energy, Inc. $NEE

TD Waterhouse Canada Inc. increased its stake in NextEra Energy, Inc. (NYSE:NEE) by 16.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 521,191 shares of the utilities provider’s stock after buying an additional 74,960 shares during the period. TD Waterhouse Canada Inc.’s holdings in NextEra Energy were worth $45,048,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in NEE. Laurel Wealth Advisors LLC purchased a new position in NextEra Energy during the 4th quarter valued at about $25,000. Anfield Capital Management LLC increased its stake in shares of NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares in the last quarter. Wealth Watch Advisors INC increased its stake in shares of NextEra Energy by 223.8% during the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 226 shares in the last quarter. Osbon Capital Management LLC purchased a new position in shares of NextEra Energy during the fourth quarter valued at approximately $27,000. Finally, Strive Asset Management LLC purchased a new position in shares of NextEra Energy during the third quarter valued at approximately $29,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Mizuho set a $95.00 price target on NextEra Energy in a research note on Monday, July 27th. DA Davidson lifted their price objective on NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Jefferies Financial Group set a $94.00 target price on NextEra Energy in a report on Tuesday, July 14th. Wall Street Zen downgraded NextEra Energy from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $116.00 price target on shares of NextEra Energy in a research report on Wednesday, July 22nd. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $99.36.

NextEra Energy Price Performance

Shares of NEE opened at $86.27 on Tuesday. The company has a market capitalization of $179.94 billion, a P/E ratio of 19.39, a price-to-earnings-growth ratio of 2.36 and a beta of 0.67. 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 firm has a 50 day moving average of $87.21 and a 200 day moving average of $89.97. NextEra Energy, Inc. has a twelve month low of $69.24 and a twelve month high of $98.75.

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

NextEra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be issued a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy’s dividend 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.