Eurizon Capital SGR S.p.A. Makes New $48.53 Million Investment in NextEra Energy, Inc. $NEE

Eurizon Capital SGR S.p.A. purchased a new position in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 604,190 shares of the utilities provider’s stock, valued at approximately $48,527,000.

Several other institutional investors have also recently made changes to their positions in NEE. Laurel Wealth Advisors LLC acquired a new position in shares of NextEra Energy during the 4th quarter worth approximately $25,000. Anfield Capital Management LLC increased its position in shares of NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 270 shares during the last quarter. Strive Asset Management LLC acquired a new position in shares of NextEra Energy during the 3rd quarter worth approximately $29,000. Quest 10 Wealth Builders Inc. increased its position in shares of NextEra Energy by 135.4% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 218 shares during the last quarter. Finally, Joseph Group Capital Management acquired a new position in shares of NextEra Energy during the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

Analysts Set New Price Targets

NEE has been the topic of several recent analyst reports. UBS Group boosted their price target on NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Scotiabank boosted their target price on NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. BTIG Research reissued a “buy” rating and set a $112.00 target price on shares of NextEra Energy in a report on Friday, April 24th. HSBC boosted their target price on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Finally, Evercore reissued an “outperform” rating and set a $107.00 target price on shares of NextEra Energy in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, NextEra Energy currently has an average rating of “Moderate Buy” and a consensus target price of $99.20.

Get Our Latest Report on NextEra Energy

NextEra Energy Stock Performance

Shares of NYSE NEE opened at $86.96 on Friday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The stock’s fifty day moving average price is $92.25 and its two-hundred day moving average price is $88.22. NextEra Energy, Inc. has a one year low of $66.77 and a one year high of $98.75. The firm has a market cap of $181.33 billion, a price-to-earnings ratio of 22.13, a P/E/G ratio of 2.55 and a beta of 0.73.

NextEra Energy (NYSE:NEEGet Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The firm had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. During the same period in the prior year, the firm posted $0.99 EPS. The company’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. On average, equities analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, June 5th will be issued a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, June 5th. NextEra Energy’s dividend payout ratio is currently 63.36%.

Insider Buying and Selling at NextEra Energy

In other NextEra Energy news, Treasurer James Michael May sold 7,161 shares of the company’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $646,423.47. Following the transaction, the treasurer directly owned 26,719 shares of the company’s stock, valued at $2,411,924.13. This represents a 21.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Nicole J. Daggs sold 4,934 shares of the company’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $93.00, for a total value of $458,862.00. Following the sale, the executive vice president owned 16,905 shares of the company’s stock, valued at approximately $1,572,165. The trade was a 22.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 31,767 shares of company stock valued at $2,881,077 in the last ninety days. 0.18% of the stock is currently owned by corporate insiders.

NextEra Energy Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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