Lombard Odier Asset Management Europe Ltd Sells 49,845 Shares of NextEra Energy, Inc. $NEE

Lombard Odier Asset Management Europe Ltd lowered its holdings in NextEra Energy, Inc. (NYSE:NEEFree Report) by 14.9% during the 1st quarter, HoldingsChannel.com reports. The fund owned 285,698 shares of the utilities provider’s stock after selling 49,845 shares during the quarter. NextEra Energy accounts for approximately 1.4% of Lombard Odier Asset Management Europe Ltd’s investment portfolio, making the stock its 11th largest holding. Lombard Odier Asset Management Europe Ltd’s holdings in NextEra Energy were worth $26,536,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of NEE. Brighton Jones LLC increased its holdings in shares of NextEra Energy by 7.0% in the 4th quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock worth $2,028,000 after buying an additional 1,840 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings 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 worth $348,000 after purchasing an additional 298 shares in the last quarter. Acadian Asset Management LLC increased its position in shares of NextEra Energy by 38.4% during 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 last quarter. Sivia Capital Partners LLC raised its holdings in shares of NextEra Energy by 18.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider’s stock valued at $386,000 after buying an additional 852 shares in the last quarter. Finally, United Bank raised 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 acquiring an additional 444 shares in the last quarter. Institutional investors own 78.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on NEE. Jefferies Financial Group set a $94.00 target price on shares of NextEra Energy in a report on Tuesday, July 14th. Barclays set a $91.00 price objective on shares of NextEra Energy and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. DA Davidson boosted their price target on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Bank of America decreased their price target on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research note on Monday, July 13th. Finally, BTIG Research restated a “buy” rating and set a $112.00 price objective on shares of NextEra Energy in a research note on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $99.23.

Get Our Latest Stock Report on NEE

Key Headlines Impacting NextEra Energy

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

NextEra Energy Trading Down 0.1%

Shares of NextEra Energy stock opened at $89.72 on Friday. The business has a 50-day moving average price of $87.38 and a 200-day moving average price of $89.48. NextEra Energy, Inc. has a twelve month low of $69.24 and a twelve month high of $98.75. The firm has a market cap of $187.10 billion, a price-to-earnings ratio of 20.16, a PEG ratio of 2.45 and a beta of 0.67. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41.

NextEra Energy (NYSE:NEEGet Free Report) last posted its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.12. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The firm had revenue of $7.53 billion for the quarter, compared to the consensus estimate of $7.27 billion. During the same period in the previous year, the firm posted $1.05 EPS. The business’s quarterly 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. Equities research analysts anticipate that NextEra Energy, Inc. will post 4 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were issued a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a yield of 2.8%. The ex-dividend date was Friday, June 5th. NextEra Energy’s dividend payout ratio is presently 55.96%.

NextEra Energy Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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