Nissay Asset Management Corp Japan Acquires 14,046 Shares of NextEra Energy, Inc. $NEE

Nissay Asset Management Corp Japan grew its holdings in NextEra Energy, Inc. (NYSE:NEE) by 5.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 278,744 shares of the utilities provider’s stock after purchasing an additional 14,046 shares during the period. Nissay Asset Management Corp Japan’s holdings in NextEra Energy were worth $24,465,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Walker Asset Management LLC grew its position in NextEra Energy by 2.2% in the first quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock valued at $465,000 after purchasing an additional 107 shares in the last quarter. PUREfi Wealth LLC boosted its stake in shares of NextEra Energy by 0.9% during the 1st quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock worth $1,170,000 after buying an additional 107 shares during the last quarter. Garrison Point Advisors LLC boosted its stake in shares of NextEra Energy by 0.4% during the 4th quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock worth $2,269,000 after buying an additional 109 shares during the last quarter. Cornerstone Planning Group LLC grew its holdings in shares of NextEra Energy by 12.8% in the 1st quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock valued at $94,000 after acquiring an additional 111 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID grew its holdings in shares of NextEra Energy by 23.2% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider’s stock valued at $55,000 after acquiring an additional 112 shares in the last quarter. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Up 0.2%

Shares of NEE stock opened at $83.10 on Thursday. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75. The stock has a market cap of $173.34 billion, a price-to-earnings ratio of 18.68, a PEG ratio of 2.57 and a beta of 0.65. The firm’s 50-day moving average is $86.72 and its 200-day moving average is $89.52. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. The business had revenue of $7.53 billion during 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%.NextEra Energy’s quarterly revenue was up 12.4% on a year-over-year basis. During the same quarter last year, the company posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Sell-side analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be issued a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. NextEra Energy’s payout ratio is presently 55.96%.

Analysts Set New Price Targets

NEE has been the topic of several analyst reports. Erste Group Bank lowered NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. Bank of America decreased their price target on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research note on Monday, July 13th. Morgan Stanley set a $114.00 price target on NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, August 21st. BMO Capital Markets upped their price objective on NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $108.00 price objective on shares of NextEra Energy in a report on Monday, July 27th. Seventeen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $100.33.

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.