Tudor Financial Inc. grew its holdings in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 295.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,438 shares of the utilities provider’s stock after purchasing an additional 6,302 shares during the quarter. Tudor Financial Inc.’s holdings in NextEra Energy were worth $741,000 as of its most recent filing with the SEC.
A number of other institutional investors have also made changes to their positions in NEE. Czech National Bank lifted its holdings in NextEra Energy by 4.7% during the 2nd 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 boosted its position in NextEra Energy by 13.9% in the 2nd quarter. Annex Advisory Services LLC now owns 711,009 shares of the utilities provider’s stock valued at $62,405,000 after buying an additional 86,585 shares during the last quarter. Osprey Private Wealth LLC acquired a new stake in NextEra Energy in the fourth quarter worth about $1,044,000. Leonteq Securities AG acquired a new stake in shares of NextEra Energy during the 4th quarter worth approximately $1,246,000. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of NextEra Energy in the 4th quarter valued at $28,799,000. 78.72% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on NEE. JPMorgan Chase & Co. boosted their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. HC Wainwright reiterated a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. Barclays set a $91.00 price objective on NextEra Energy and gave the stock an “equal weight” rating in a report on Tuesday, July 7th. Mizuho set a $95.00 price target on shares of NextEra Energy in a research note on Monday, July 27th. Finally, 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. Seventeen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $100.33.
NextEra Energy Price Performance
Shares of NYSE NEE opened at $83.33 on Friday. The stock has a market capitalization of $173.81 billion, a PE ratio of 18.73, a P/E/G ratio of 2.58 and a beta of 0.65. 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, Inc. has a fifty-two week low of $69.24 and a fifty-two week high of $98.75. The business has a fifty day moving average price of $86.54 and a two-hundred day moving average price of $89.41.
NextEra Energy (NYSE:NEE – Get Free Report) last posted its quarterly 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. The company had revenue of $7.53 billion during the quarter, compared to analysts’ expectations of $8.11 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% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.
NextEra Energy Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be paid a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. NextEra Energy’s dividend payout ratio (DPR) is presently 55.96%.
NextEra Energy 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.
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