Odyssean LLC Acquires Shares of 6,251 NextEra Energy, Inc. $NEE

Odyssean LLC acquired a new stake in shares of NextEra Energy, Inc. (NYSE:NEE) in the second quarter, HoldingsChannel.com reports. The firm acquired 6,251 shares of the utilities provider’s stock, valued at approximately $549,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Czech National Bank raised its holdings in shares of NextEra Energy by 4.7% during the second quarter. Czech National Bank now owns 593,568 shares of the utilities provider’s stock valued at $52,097,000 after purchasing an additional 26,378 shares during the last quarter. Annex Advisory Services LLC lifted its position in NextEra Energy by 13.9% during the second quarter. Annex Advisory Services LLC now owns 711,009 shares of the utilities provider’s stock valued at $62,405,000 after purchasing an additional 86,585 shares during the period. Osprey Private Wealth LLC purchased a new stake in NextEra Energy in the fourth quarter worth approximately $1,044,000. Leonteq Securities AG purchased a new stake in NextEra Energy in the fourth quarter worth approximately $1,246,000. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in NextEra Energy in the 4th quarter worth approximately $28,799,000. Institutional investors own 78.72% of the company’s stock.

Analyst Upgrades and Downgrades

NEE has been the subject of a number of research reports. Barclays set a $91.00 target price on shares of NextEra Energy and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Jefferies Financial Group set a $94.00 price objective on NextEra Energy in a report on Tuesday, July 14th. Wall Street Zen cut NextEra Energy from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 22nd. Weiss Ratings downgraded NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Finally, Mizuho set a $95.00 target price on NextEra Energy in a report on Monday, July 27th. Seventeen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $100.33.

NextEra Energy Trading Down 0.9%

Shares of NYSE:NEE opened at $83.33 on Friday. The stock has a 50 day moving average of $86.54 and a 200 day moving average of $89.41. The company has a market cap of $173.81 billion, a PE ratio of 18.73, a price-to-earnings-growth ratio of 2.58 and a beta of 0.65. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. NextEra Energy, Inc. has a 12-month low of $69.24 and a 12-month high of $98.75.

NextEra Energy (NYSE:NEE) last released its 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. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The company had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. During the same quarter last year, the business earned $1.05 EPS. The firm’s revenue was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities research analysts expect 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 Tuesday, September 15th. Stockholders of record on Friday, August 28th will be given a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is presently 55.96%.

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.