Harel Insurance Investments & Financial Services Ltd. Purchases 6,966 Shares of NextEra Energy, Inc. $NEE

Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 101.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,825 shares of the utilities provider’s stock after acquiring an additional 6,966 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in NextEra Energy were worth $1,213,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Oregon Public Employees Retirement Fund raised its stake in NextEra Energy by 7.5% in the second quarter. Oregon Public Employees Retirement Fund now owns 256,424 shares of the utilities provider’s stock valued at $22,506,000 after purchasing an additional 17,919 shares in the last quarter. Duncker Streett & Co. Inc. raised its stake in NextEra Energy by 2.1% during the second quarter. Duncker Streett & Co. Inc. now owns 9,216 shares of the utilities provider’s stock worth $809,000 after acquiring an additional 190 shares in the last quarter. Avantax Planning Partners Inc. raised its stake in NextEra Energy by 2.7% during the second quarter. Avantax Planning Partners Inc. now owns 18,988 shares of the utilities provider’s stock worth $1,667,000 after acquiring an additional 491 shares in the last quarter. Richard C. Young & CO. LTD. lifted its holdings in shares of NextEra Energy by 1.4% in the second quarter. Richard C. Young & CO. LTD. now owns 109,981 shares of the utilities provider’s stock worth $9,653,000 after acquiring an additional 1,551 shares during the last quarter. Finally, Argonautica Private Wealth Management Inc. lifted its holdings in shares of NextEra Energy by 4.5% in the second quarter. Argonautica Private Wealth Management Inc. now owns 49,264 shares of the utilities provider’s stock worth $4,324,000 after acquiring an additional 2,105 shares during the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on NEE. Scotiabank raised their price target on shares of NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. BTIG Research reissued a “buy” rating and issued a $112.00 price objective on shares of NextEra Energy in a research note on Friday, April 24th. TD Cowen raised their target price on shares of NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a research report on Monday, April 27th. JPMorgan Chase & Co. boosted their target price on shares of NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Finally, Mizuho set a $95.00 price target on shares of NextEra Energy in a report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $99.36.

NextEra Energy Stock Performance

NextEra Energy stock opened at $86.29 on Wednesday. The business has a 50 day moving average of $87.25 and a 200-day moving average of $89.96. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. The company has a market capitalization of $179.98 billion, a P/E ratio of 19.39, a P/E/G ratio of 2.36 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarter last year, the business earned $1.05 EPS. The firm’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. On average, equities research analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

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 is Friday, August 28th. NextEra Energy’s payout ratio is 55.96%.

About NextEra Energy

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.