OMERS ADMINISTRATION Corp Grows Stock Position in NextEra Energy, Inc. $NEE

OMERS ADMINISTRATION Corp boosted its holdings in NextEra Energy, Inc. (NYSE:NEEFree Report) by 36.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 105,636 shares of the utilities provider’s stock after acquiring an additional 28,131 shares during the period. OMERS ADMINISTRATION Corp’s holdings in NextEra Energy were worth $9,811,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Laurel Wealth Advisors LLC purchased a new position in shares of NextEra Energy during the 4th quarter worth $25,000. Anfield Capital Management LLC increased its position in shares of NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 270 shares during the last quarter. Wealth Watch Advisors INC raised its holdings in NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after buying an additional 226 shares during the period. Osbon Capital Management LLC purchased a new stake in NextEra Energy in the 4th quarter valued at about $27,000. Finally, Strive Asset Management LLC purchased a new stake in NextEra Energy in the 3rd quarter valued at about $29,000. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on NEE shares. Jefferies Financial Group set a $94.00 target price on shares of NextEra Energy in a research note on Tuesday, July 14th. BMO Capital Markets set a $94.00 price target on shares of NextEra Energy in a research note on Wednesday. Sanford C. Bernstein set a $107.00 price objective on shares of NextEra Energy and gave the stock an “outperform” rating in a report on Tuesday, June 16th. Wall Street Zen raised shares of NextEra Energy from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $116.00 target price on shares of NextEra Energy in a report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, NextEra Energy currently has a consensus rating of “Moderate Buy” and an average target price of $99.23.

Check Out Our Latest Research Report on NextEra Energy

NextEra Energy Stock Performance

Shares of NextEra Energy stock opened at $89.72 on Monday. The business has a 50-day moving average of $87.38 and a 200 day moving average of $89.53. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. The stock has a market capitalization of $187.10 billion, a price-to-earnings ratio of 20.16, a price-to-earnings-growth ratio of 2.46 and a beta of 0.67. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44.

NextEra Energy (NYSE:NEEGet Free Report) last released its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.12. The company had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $7.27 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.NextEra Energy’s revenue was up 12.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.05 EPS. 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 earnings per share for the current year.

NextEra Energy Announces Dividend

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

More NextEra Energy News

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About NextEra Energy

(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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