Edmond DE Rothschild Holding S.A. Buys New Position in NextEra Energy, Inc. $NEE

Edmond DE Rothschild Holding S.A. bought a new stake in shares of NextEra Energy, Inc. (NYSE:NEE) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 990,549 shares of the utilities provider’s stock, valued at approximately $86,940,000. NextEra Energy comprises 1.1% of Edmond DE Rothschild Holding S.A.’s investment portfolio, making the stock its 20th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Laurel Wealth Advisors LLC purchased a new position in NextEra Energy in the fourth quarter worth $25,000. Anfield Capital Management LLC raised its position in NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares in the last quarter. Wealth Watch Advisors INC raised its position in NextEra Energy by 223.8% during the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 226 shares in the last quarter. Osbon Capital Management LLC purchased a new position in shares of NextEra Energy in the 4th quarter worth about $27,000. Finally, Strive Asset Management LLC bought a new position in shares of NextEra Energy during the 3rd quarter valued at about $29,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on NEE shares. Bank of America dropped their target price on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research report on Monday, July 13th. Jefferies Financial Group set a $94.00 price objective 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. Erste Group Bank lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. Finally, Morgan Stanley set a $114.00 price target on shares of NextEra Energy and gave the stock an “overweight” rating in a research note on Friday, August 21st. Seventeen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, NextEra Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $100.33.

NextEra Energy Stock Performance

Shares of NEE stock opened at $81.74 on Friday. The company has a market capitalization of $170.49 billion, a P/E ratio of 18.37, a PEG ratio of 2.28 and a beta of 0.67. NextEra Energy, Inc. has a fifty-two week low of $69.24 and a fifty-two week high of $98.75. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. The stock has a 50 day moving average price of $86.95 and a two-hundred day moving average price of $89.70.

NextEra Energy (NYSE:NEE) last issued its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. During the same quarter last year, the business earned $1.05 earnings per share. The business’s 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. Analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be paid a $0.6232 dividend. 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.