S.E.E.D. Planning Group LLC Buys 11,771 Shares of NextEra Energy, Inc. $NEE

S.E.E.D. Planning Group LLC grew its stake in NextEra Energy, Inc. (NYSE:NEE) by 7.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 173,654 shares of the utilities provider’s stock after acquiring an additional 11,771 shares during the quarter. NextEra Energy makes up approximately 3.1% of S.E.E.D. Planning Group LLC’s holdings, making the stock its 13th biggest holding. S.E.E.D. Planning Group LLC’s holdings in NextEra Energy were worth $13,153,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Legal & General Group Plc acquired a new stake in NextEra Energy in the 2nd quarter valued at $1,465,987,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in NextEra Energy by 5.8% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,302,084 shares of the utilities provider’s stock worth $1,430,834,000 after acquiring an additional 895,824 shares in the last quarter. Deutsche Bank AG lifted its holdings in shares of NextEra Energy by 2.9% during the fourth quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock valued at $1,387,347,000 after acquiring an additional 485,854 shares during the period. Amundi lifted its holdings in shares of NextEra Energy by 46.5% during the second quarter. Amundi now owns 13,329,077 shares of the utilities provider’s stock valued at $1,169,839,000 after acquiring an additional 4,231,814 shares during the period. Finally, Bessemer Group Inc. boosted its stake in shares of NextEra Energy by 8.5% in the 1st quarter. Bessemer Group Inc. now owns 10,187,013 shares of the utilities provider’s stock valued at $946,169,000 after purchasing an additional 799,546 shares in the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about NextEra Energy

Here are the key news stories impacting NextEra Energy this week:

• Positive Sentiment: NextEra, affiliated companies and Lewis Energy Group were selected to develop Project Star, a more than $22 billion energy campus in Encinal, Texas. The project is expected to include approximately 6.47 gigawatts of generation capacity, potentially creating substantial long-term growth opportunities for NextEra’s power-generation and infrastructure businesses. NextEra Just Landed a $22 Billion Project
• Positive Sentiment: Analysts expect NextEra’s third-quarter earnings to show a single-digit percentage increase in profit, which could support the stock if the company meets or exceeds expectations. What to Expect From NextEra Energy’s Next Earnings Report

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of NextEra Energy in a report on Tuesday, September 8th. BMO Capital Markets boosted their price target on shares of NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. Scotiabank decreased their price objective on shares of NextEra Energy from $110.00 to $99.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 30th. Morgan Stanley dropped their price objective on shares of NextEra Energy from $114.00 to $111.00 and set an “overweight” rating for the company in a report on Friday, September 18th. Finally, 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. Eighteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, NextEra Energy currently has an average rating of “Moderate Buy” and a consensus target price of $98.95.

NextEra Energy Price Performance

Shares of NextEra Energy stock traded down $0.95 during trading on Wednesday, reaching $76.93. The company’s stock had a trading volume of 4,614,557 shares, compared to its average volume of 10,782,367. The stock has a 50-day moving average price of $82.47 and a two-hundred day moving average price of $87.32. 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 one year low of $74.41 and a one year high of $98.75. The stock has a market capitalization of $160.47 billion, a P/E ratio of 17.29, a price-to-earnings-growth ratio of 2.36 and a beta of 0.64.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data 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 firm had revenue of $7.53 billion for the quarter, compared to analyst estimates of $8.11 billion. During the same quarter in the prior year, the firm earned $1.05 EPS. The company’s 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. As a group, sell-side analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 28th were given a $0.6232 dividend. This represents a $2.49 annualized dividend and a yield of 3.2%. The ex-dividend date was Friday, August 28th. NextEra Energy’s payout ratio is 55.96%.

About NextEra Energy

NextEra Energy, Inc is an electric power and energy infrastructure company headquartered in Juno Beach, Florida. Through its principal subsidiary, Florida Power & Light Company (FPL), the company generates, transmits, distributes and sells electricity to customers across Florida. FPL serves residential, commercial and industrial customers and operates a diverse generation portfolio that includes natural gas, solar, nuclear and other resources.

NextEra Energy’s other major business, NextEra Energy Resources, develops, owns and operates energy projects in the United States and Canada.