Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD grew its stake in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 115.0% during the second quarter, Holdings Channel reports. The institutional investor owned 219,559 shares of the utilities provider’s stock after acquiring an additional 117,440 shares during the period. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s holdings in NextEra Energy were worth $19,271,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. Walker Asset Management LLC increased its stake in shares of NextEra Energy by 2.2% during the first quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock valued at $465,000 after acquiring an additional 107 shares during the period. PUREfi Wealth LLC lifted its position in NextEra Energy by 0.9% in the first quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock worth $1,170,000 after purchasing an additional 107 shares during the period. Garrison Point Advisors LLC boosted its stake in NextEra Energy by 0.4% during the 4th quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock valued at $2,269,000 after purchasing an additional 109 shares in the last quarter. Cornerstone Planning Group LLC increased its position in shares of NextEra Energy by 12.8% during the 1st quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock valued at $94,000 after purchasing an additional 111 shares during the period. Finally, Legacy Wealth Managment LLC ID raised its stake in shares of NextEra Energy by 23.2% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider’s stock worth $55,000 after buying an additional 112 shares in the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages recently weighed in on NEE. DA Davidson raised their target price on NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. HSBC raised their price objective on shares of NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Wall Street Zen lowered shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday. TD Cowen lifted their price target on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Finally, Morgan Stanley set a $114.00 price target on NextEra Energy and gave the company an “overweight” rating in a report on Friday. Seventeen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, NextEra Energy currently has a consensus rating of “Moderate Buy” and an average price target of $100.33.
NextEra Energy Stock Performance
Shares of NEE opened at $84.10 on Tuesday. The company has a 50-day moving average of $87.18 and a two-hundred day moving average of $89.87. The stock has a market cap of $175.41 billion, a price-to-earnings ratio of 18.90, a PEG ratio of 2.29 and a beta of 0.67. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. NextEra Energy, Inc. has a one year low of $69.24 and a one year high of $98.75.
NextEra Energy (NYSE:NEE – Get Free Report) last released its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The business had revenue of $7.53 billion for the quarter, compared to analyst estimates of $8.11 billion. During the same quarter in the previous year, the business earned $1.05 earnings per share. The firm’s revenue was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, equities research 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. Stockholders of record on Friday, August 28th will be issued a $0.6232 dividend. The ex-dividend date is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. NextEra Energy’s dividend payout ratio 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.
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