KBC Group NV Has $17.69 Million Stake in NextEra Energy, Inc. $NEE

KBC Group NV grew its position in NextEra Energy, Inc. (NYSE:NEEFree Report) by 6.3% during the first quarter, HoldingsChannel reports. The firm owned 190,481 shares of the utilities provider’s stock after buying an additional 11,305 shares during the period. KBC Group NV’s holdings in NextEra Energy were worth $17,692,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. Swiss National Bank lifted its stake in shares of NextEra Energy by 7.1% in the 1st quarter. Swiss National Bank now owns 6,043,500 shares of the utilities provider’s stock valued at $561,320,000 after purchasing an additional 400,300 shares during the period. World Equity Group Inc. increased its holdings in NextEra Energy by 13.1% in the first quarter. World Equity Group Inc. now owns 8,962 shares of the utilities provider’s stock worth $832,000 after purchasing an additional 1,037 shares in the last quarter. Mediolanum International Funds Ltd increased its holdings in NextEra Energy by 44.2% in the first quarter. Mediolanum International Funds Ltd now owns 303,415 shares of the utilities provider’s stock worth $27,929,000 after purchasing an additional 92,990 shares in the last quarter. Spartan Wealth Advisory Services LLC acquired a new position in NextEra Energy in the first quarter valued at approximately $695,000. Finally, WealthTrust Asset Management LLC lifted its stake in NextEra Energy by 7.3% in the first quarter. WealthTrust Asset Management LLC now owns 2,851 shares of the utilities provider’s stock valued at $265,000 after buying an additional 194 shares during the period. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Wall Street Zen raised shares of NextEra Energy from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Jefferies Financial Group set a $94.00 target price on shares of NextEra Energy in a research note on Tuesday, July 14th. BTIG Research restated a “buy” rating and issued a $112.00 price target on shares of NextEra Energy in a report on Friday, April 24th. Morgan Stanley lifted their price target on shares of NextEra Energy from $111.00 to $117.00 and gave the company an “overweight” rating in a research note on Wednesday, June 24th. Finally, TD Cowen upped their price objective on shares of NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a report on Monday, April 27th. Two equities 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. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $99.32.

Check Out Our Latest Analysis on NEE

NextEra Energy News Roundup

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

NextEra Energy Price Performance

Shares of NEE opened at $87.73 on Wednesday. The business’s fifty day moving average is $87.67 and its 200 day 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 company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. The stock has a market cap of $182.95 billion, a P/E ratio of 22.32, a P/E/G ratio of 2.40 and a beta of 0.67.

NextEra Energy (NYSE:NEEGet Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The business had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. During the same quarter in the previous year, the business posted $0.99 EPS. NextEra Energy’s quarterly revenue was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Sell-side analysts anticipate 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 was paid on Monday, June 15th. Investors of record on Friday, June 5th were given a $0.6232 dividend. 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 presently 63.36%.

NextEra Energy Company 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.

Featured Articles

Want to see what other hedge funds are holding NEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NextEra Energy, Inc. (NYSE:NEEFree Report).

Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

Receive News & Ratings for NextEra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextEra Energy and related companies with MarketBeat.com's FREE daily email newsletter.