FNY Investment Advisers LLC boosted its stake in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 179,900.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,000 shares of the utilities provider’s stock after acquiring an additional 107,940 shares during the period. NextEra Energy accounts for 3.4% of FNY Investment Advisers LLC’s portfolio, making the stock its 2nd largest position. FNY Investment Advisers LLC’s holdings in NextEra Energy were worth $9,479,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently added to or reduced their stakes in the company. Renaissance Investment Group LLC lifted its position in shares of NextEra Energy by 4.0% during the second quarter. Renaissance Investment Group LLC now owns 106,786 shares of the utilities provider’s stock worth $9,373,000 after purchasing an additional 4,067 shares during the last quarter. Czech National Bank increased its holdings in NextEra Energy by 4.7% in the second quarter. Czech National Bank now owns 593,568 shares of the utilities provider’s stock valued at $52,097,000 after buying an additional 26,378 shares during the last quarter. Assenagon Asset Management S.A. increased its holdings in NextEra Energy by 80.5% in the second quarter. Assenagon Asset Management S.A. now owns 2,097,509 shares of the utilities provider’s stock valued at $184,098,000 after buying an additional 935,240 shares during the last quarter. Westmount Partners LLC increased its holdings in NextEra Energy by 16.6% in the second quarter. Westmount Partners LLC now owns 8,630 shares of the utilities provider’s stock valued at $757,000 after buying an additional 1,228 shares during the last quarter. Finally, 55 North Private Wealth LLC raised its stake in NextEra Energy by 9.0% during the second quarter. 55 North Private Wealth LLC now owns 3,160 shares of the utilities provider’s stock valued at $277,000 after buying an additional 260 shares in the last quarter. 78.72% of the stock is currently owned by institutional investors.
NextEra Energy Price Performance
NEE opened at $84.64 on Friday. The firm has a market cap of $176.55 billion, a price-to-earnings ratio of 19.02, a price-to-earnings-growth ratio of 2.35 and a beta of 0.67. NextEra Energy, Inc. has a fifty-two week low of $69.24 and a fifty-two week high of $98.75. The company’s 50-day moving average price is $87.16 and its 200 day moving average price is $89.93. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45.
NextEra Energy Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be issued a $0.6232 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is 55.96%.
Key Headlines Impacting NextEra Energy
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: The proposed Dominion acquisition could create the nation’s largest regulated utility, serving more than 10 million customers across Florida, Virginia, North Carolina and South Carolina. Supporters argue the combination could improve grid scale, generation capacity and the ability to serve rapidly growing electricity demand from data centers and artificial intelligence. Can NextEra Energy Reshape the Grid Through a Landmark Combination?
- Positive Sentiment: Broader power-demand trends remain favorable for utilities and power-equipment suppliers, as data-center expansion and SpaceX’s expected computing needs could increase demand for electricity and grid infrastructure. This supports the long-term growth case for NEE, although the benefit is not an immediate earnings catalyst. SpaceX’s Need for Power Is a Clear Positive for These Companies
- Neutral Sentiment: South Carolina regulators set a January decision target for the merger after agreeing to a review process that includes testimony from supporters and opponents, with a hearing expected in December. Approval is also required from regulators in Virginia and North Carolina, keeping the deal’s timing and final outcome uncertain. South Carolina Regulators Set January Deadline
- Negative Sentiment: Virginia Gov. Abigail Spanberger says she will file documentation to intervene in the Dominion transaction, citing concerns about rising electricity bills and the potential impact on customers. Her opposition increases the risk of additional conditions, delays or failure to obtain approval for the acquisition. Virginia Governor to Intervene in NextEra-Dominion Merger
- Negative Sentiment: The intervention follows earlier opposition from South Carolina legislative leaders and reinforces concerns that political and consumer-affordability scrutiny could complicate what would be the largest power acquisition in U.S. history. Investors are likely weighing the deal’s potential strategic benefits against higher execution and regulatory risks. Virginia Governor Says She Will Intervene in Dominion-NextEra Merger
Wall Street Analysts Forecast Growth
A number of research firms have commented on NEE. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $108.00 target price on shares of NextEra Energy in a report on Monday, July 27th. Weiss Ratings downgraded NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. BMO Capital Markets upped their price target on NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. Erste Group Bank cut NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Finally, Wells Fargo & Company set a $102.00 price objective on shares of NextEra Energy and gave the stock an “overweight” rating in a report on Friday, April 24th. 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 stock. Based on data from MarketBeat.com, NextEra Energy has a consensus rating of “Moderate Buy” and an average target price of $99.36.
View Our Latest Report on NextEra Energy
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.
Recommended Stories
- Five stocks we like better than NextEra Energy
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Receive News & Ratings for NextEra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextEra Energy and related companies with MarketBeat.com's FREE daily email newsletter.
