Groupama Asset Managment Has $72.30 Million Holdings in NextEra Energy, Inc. $NEE

Groupama Asset Managment boosted its holdings in NextEra Energy, Inc. (NYSE:NEE) by 3.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 778,379 shares of the utilities provider’s stock after acquiring an additional 26,631 shares during the period. Groupama Asset Managment’s holdings in NextEra Energy were worth $72,296,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of NEE. Brighton Jones LLC grew its position in NextEra Energy by 7.0% during the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock worth $2,028,000 after buying an additional 1,840 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in NextEra Energy by 6.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock valued at $348,000 after acquiring an additional 298 shares in the last quarter. Acadian Asset Management LLC raised its holdings in NextEra Energy by 38.4% in the 1st quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider’s stock valued at $887,000 after acquiring an additional 3,479 shares in the last quarter. Sivia Capital Partners LLC lifted its position in shares of NextEra Energy by 18.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider’s stock valued at $386,000 after acquiring an additional 852 shares during the period. Finally, United Bank lifted its position in shares of NextEra Energy by 2.9% during the 2nd quarter. United Bank now owns 15,596 shares of the utilities provider’s stock valued at $1,083,000 after acquiring an additional 444 shares during the period. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Trading Down 0.9%

Shares of NEE opened at $87.14 on Friday. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75. The business’s fifty day moving average is $87.30 and its 200-day moving average is $89.77. 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 firm has a market cap of $181.75 billion, a price-to-earnings ratio of 19.58, a PEG ratio of 2.41 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The company had revenue of $7.53 billion during the quarter, compared to analysts’ expectations of $8.11 billion. During the same quarter in the previous year, the firm earned $1.05 EPS. NextEra Energy’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. Equities analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be paid a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 2.9%. NextEra Energy’s payout ratio is presently 55.96%.

Analysts Set New Price Targets

Several research firms have recently issued reports on NEE. Jefferies Financial Group set a $94.00 target price on NextEra Energy in a report on Tuesday, July 14th. Morgan Stanley reaffirmed an “overweight” rating and issued a $116.00 price target on shares of NextEra Energy in a research note on Wednesday, July 22nd. DA Davidson increased their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. HC Wainwright reissued a “buy” rating on shares of NextEra Energy in a report on Monday. Finally, HSBC raised their target price on shares of NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, NextEra Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.36.

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.