Temasek Holdings Private Ltd Acquires New Stake in NextEra Energy, Inc. $NEE

Temasek Holdings Private Ltd acquired a new stake in NextEra Energy, Inc. (NYSE:NEE) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 335,891 shares of the utilities provider’s stock, valued at approximately $26,965,000.

Several other hedge funds have also recently added to or reduced their stakes in NEE. Norges Bank acquired a new position in NextEra Energy in the 4th quarter valued at $2,816,327,000. Pictet Asset Management Holding SA raised its stake in NextEra Energy by 47.3% in the 4th quarter. Pictet Asset Management Holding SA now owns 9,254,022 shares of the utilities provider’s stock valued at $742,913,000 after purchasing an additional 2,972,924 shares during the last quarter. Danica Pension Livsforsikringsaktieselskab acquired a new stake in shares of NextEra Energy in the 3rd quarter worth $177,198,000. Vanguard Group Inc. increased its stake in shares of NextEra Energy by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock worth $17,343,185,000 after acquiring an additional 2,234,176 shares during the last quarter. Finally, Amundi increased its stake in shares of NextEra Energy by 16.7% in the 3rd quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock worth $1,012,129,000 after acquiring an additional 1,780,881 shares during the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on NEE. UBS Group raised their target price on NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Erste Group Bank raised NextEra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. Weiss Ratings downgraded NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday. Mizuho raised their target price on NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Finally, TD Cowen raised their target price on NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, NextEra Energy presently has a consensus rating of “Moderate Buy” and an average price target of $99.20.

NextEra Energy Stock Performance

NYSE NEE opened at $86.12 on Tuesday. The stock has a market cap of $179.59 billion, a PE ratio of 21.91, a P/E/G ratio of 2.52 and a beta of 0.68. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. NextEra Energy, Inc. has a twelve month low of $67.20 and a twelve month high of $98.75. The stock has a fifty day simple moving average of $90.80 and a 200-day simple moving average of $88.28.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. The business had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The company’s revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Equities analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were issued a dividend of $0.6232 per share. The ex-dividend date was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. NextEra Energy’s dividend payout ratio is currently 63.36%.

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.