Union Bancaire Privee UBP SA Has $63.68 Million Stake in NextEra Energy, Inc. $NEE

Union Bancaire Privee UBP SA increased its position in NextEra Energy, Inc. (NYSE:NEEFree Report) by 114.7% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 710,589 shares of the utilities provider’s stock after purchasing an additional 379,557 shares during the period. NextEra Energy makes up 1.1% of Union Bancaire Privee UBP SA’s investment portfolio, making the stock its 16th largest holding. Union Bancaire Privee UBP SA’s holdings in NextEra Energy were worth $63,680,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of NEE. Garrison Point Advisors LLC increased its stake in NextEra Energy by 0.4% in the 4th quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock valued at $2,269,000 after buying an additional 109 shares during the last quarter. 3Chopt Investment Partners LLC raised its stake in NextEra Energy by 0.8% in the 4th quarter. 3Chopt Investment Partners LLC now owns 14,105 shares of the utilities provider’s stock valued at $1,132,000 after acquiring an additional 114 shares during the period. Nemes Rush Group LLC raised its position in shares of NextEra Energy by 5.2% in the fourth quarter. Nemes Rush Group LLC now owns 2,354 shares of the utilities provider’s stock valued at $189,000 after purchasing an additional 117 shares during the period. Certified Advisory Corp boosted its holdings in shares of NextEra Energy by 3.0% in the first quarter. Certified Advisory Corp now owns 4,096 shares of the utilities provider’s stock worth $380,000 after acquiring an additional 118 shares during the period. Finally, Westmount Partners LLC grew its stake in NextEra Energy by 1.9% during the fourth quarter. Westmount Partners LLC now owns 6,660 shares of the utilities provider’s stock valued at $535,000 after acquiring an additional 125 shares in the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on NEE shares. Weiss Ratings lowered shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Wall Street Zen raised shares of NextEra Energy from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. Barclays set a $90.00 target price on shares of NextEra Energy and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. Erste Group Bank cut NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, UBS Group lifted their target price on shares of NextEra Energy from $91.00 to $104.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.86.

Get Our Latest Report on NextEra Energy

NextEra Energy Stock Up 0.7%

NYSE NEE opened at $88.29 on Friday. The firm has a market capitalization of $184.11 billion, a price-to-earnings ratio of 22.47, a PEG ratio of 2.57 and a beta of 0.68. The company has a fifty day moving average of $89.69 and a two-hundred day moving average of $88.38. NextEra Energy, Inc. has a 52 week low of $67.20 and a 52 week high of $98.75. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41.

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

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were paid a $0.6232 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 dividend on an annualized basis 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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