Oslo Pensjonsforsikring AS Makes New $589,000 Investment in NextEra Energy, Inc. $NEE

Oslo Pensjonsforsikring AS purchased a new stake in NextEra Energy, Inc. (NYSE:NEEFree Report) in the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 6,339 shares of the utilities provider’s stock, valued at approximately $589,000.

Other large investors have also recently modified their holdings of the company. Anfield Capital Management LLC raised its position in 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. Laurel Wealth Advisors LLC acquired a new position in NextEra Energy during the 4th quarter worth about $25,000. Financial Life Planners acquired a new position in NextEra Energy during the 1st quarter worth about $30,000. Wealth Watch Advisors INC grew its position in shares of 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 last quarter. Finally, Manning & Napier Advisors LLC increased its stake in shares of NextEra Energy by 104.9% in the first quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock valued at $31,000 after buying an additional 172 shares during the period. Institutional investors own 78.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on NEE shares. Jefferies Financial Group set a $94.00 price objective on NextEra Energy in a research report on Tuesday, July 14th. Sanford C. Bernstein set a $107.00 target price on NextEra Energy and gave the company an “outperform” rating in a report on Tuesday, June 16th. BTIG Research reiterated a “buy” rating and issued a $112.00 target price on shares of NextEra Energy in a report on Friday, April 24th. JPMorgan Chase & Co. increased their target price on shares of NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. Finally, Scotiabank raised their price target on shares of NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $99.32.

Read Our Latest Stock Report on NextEra Energy

NextEra Energy News Summary

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

NextEra Energy Stock Performance

Shares of NEE opened at $87.73 on Wednesday. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. The firm’s fifty day simple moving average is $87.67 and its two-hundred day simple moving average is $89.35. 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 $182.95 billion, a P/E ratio of 22.32, a price-to-earnings-growth ratio of 2.40 and a beta of 0.67.

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

NextEra Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were paid a dividend of $0.6232 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 annualized dividend and a yield of 2.8%. NextEra Energy’s dividend payout ratio (DPR) is currently 63.36%.

NextEra Energy 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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