Kintra Wealth LLC Purchases 11,669 Shares of NextEra Energy, Inc. $NEE

Kintra Wealth LLC boosted its position in NextEra Energy, Inc. (NYSE:NEE) by 154.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 19,233 shares of the utilities provider’s stock after purchasing an additional 11,669 shares during the period. Kintra Wealth LLC’s holdings in NextEra Energy were worth $1,654,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Czech National Bank lifted its holdings in 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 in the last quarter. Annex Advisory Services LLC boosted its position in shares of NextEra Energy by 13.9% in the second quarter. Annex Advisory Services LLC now owns 711,009 shares of the utilities provider’s stock worth $62,405,000 after purchasing an additional 86,585 shares during the period. Osprey Private Wealth LLC purchased a new stake in shares of NextEra Energy in the fourth quarter worth $1,044,000. Leonteq Securities AG bought a new stake in shares of NextEra Energy during the 4th quarter valued at $1,246,000. Finally, CV Advisors LLC bought a new stake in shares of NextEra Energy during the 2nd quarter valued at $1,404,000. 78.72% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on NEE shares. HC Wainwright restated a “buy” rating on shares of NextEra Energy in a research note on Monday, July 27th. Jefferies Financial Group set a $94.00 price target on NextEra Energy in a report on Tuesday, July 14th. Erste Group Bank downgraded NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Morgan Stanley set a $114.00 price objective on NextEra Energy and gave the stock an “overweight” rating in a research note on Friday, August 21st. Finally, Wall Street Zen cut NextEra Energy from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 22nd. Seventeen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, NextEra Energy currently has an average rating of “Moderate Buy” and a consensus target price of $100.33.

NextEra Energy Stock Performance

NEE opened at $83.33 on Monday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. The stock has a market capitalization of $173.81 billion, a price-to-earnings ratio of 18.73, a PEG ratio of 2.58 and a beta of 0.65. The company has a fifty day moving average of $86.54 and a 200 day moving average of $89.38. NextEra Energy, Inc. has a fifty-two week low of $69.24 and a fifty-two week high of $98.75.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $8.11 billion. During the same quarter in the previous year, the company earned $1.05 EPS. The business’s quarterly 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, sell-side analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently announced 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 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy’s dividend payout ratio is currently 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.