Torray Investment Partners LLC Has $20.85 Million Stock Position in NextEra Energy, Inc. $NEE

Torray Investment Partners LLC boosted its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 19.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 237,562 shares of the utilities provider’s stock after purchasing an additional 38,084 shares during the quarter. NextEra Energy comprises 2.8% of Torray Investment Partners LLC’s holdings, making the stock its 13th biggest position. Torray Investment Partners LLC’s holdings in NextEra Energy were worth $20,851,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of NEE. Brighton Jones LLC boosted its stake in NextEra Energy by 7.0% in the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock valued at $2,028,000 after acquiring an additional 1,840 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of NextEra Energy by 6.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock valued at $348,000 after purchasing an additional 298 shares during the period. Acadian Asset Management LLC lifted its stake in shares of NextEra Energy by 38.4% in the 1st quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider’s stock valued at $887,000 after purchasing an additional 3,479 shares during the period. Sivia Capital Partners LLC boosted its position in shares of NextEra Energy by 18.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider’s stock worth $386,000 after purchasing an additional 852 shares during the last quarter. Finally, United Bank grew its stake in shares of NextEra Energy by 2.9% during the second quarter. United Bank now owns 15,596 shares of the utilities provider’s stock worth $1,083,000 after purchasing an additional 444 shares during the period. 78.72% of the stock is owned by institutional investors.

NextEra Energy Price Performance

NEE opened at $84.97 on Friday. The stock has a market cap of $177.23 billion, a P/E ratio of 19.09, a P/E/G ratio of 2.35 and a beta of 0.67. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. 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 company has a fifty day simple moving average of $87.27 and a 200 day simple moving average of $89.92.

NextEra Energy (NYSE:NEE) last posted its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The firm had revenue of $7.53 billion for the quarter, compared to analyst estimates of $8.11 billion. During the same period in the previous year, the company posted $1.05 earnings per share. The company’s revenue for the quarter 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, research analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently disclosed 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 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Friday, August 28th. NextEra Energy’s payout ratio is 55.96%.

Analysts Set New Price Targets

A number of research firms recently commented on NEE. JPMorgan Chase & Co. upped their price objective on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. Wall Street Zen cut NextEra Energy from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. Mizuho set a $95.00 price target on NextEra Energy in a research note on Monday, July 27th. TD Cowen upped their price target on NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $116.00 price target on shares of NextEra Energy in a research report on Wednesday, July 22nd. Seventeen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $100.43.

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.