Texas Capital Bank Wealth Management Services Inc Raises Stake in NextEra Energy, Inc. $NEE

Texas Capital Bank Wealth Management Services Inc increased its holdings in NextEra Energy, Inc. (NYSE:NEE) by 12.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 102,946 shares of the utilities provider’s stock after buying an additional 11,064 shares during the quarter. Texas Capital Bank Wealth Management Services Inc’s holdings in NextEra Energy were worth $9,036,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. UNIVEST FINANCIAL Corp boosted its holdings in shares of NextEra Energy by 2.2% in the 2nd quarter. UNIVEST FINANCIAL Corp now owns 344,774 shares of the utilities provider’s stock valued at $30,261,000 after acquiring an additional 7,373 shares during the last quarter. K.J. Harrison & Partners Inc boosted its holdings in NextEra Energy by 3.5% in the second quarter. K.J. Harrison & Partners Inc now owns 4,823 shares of the utilities provider’s stock valued at $423,000 after purchasing an additional 162 shares during the last quarter. NINE MASTS CAPITAL Ltd acquired a new stake in NextEra Energy during the 2nd quarter worth about $1,786,000. Focused Alpha LLC grew its position in NextEra Energy by 10.7% during the 2nd quarter. Focused Alpha LLC now owns 7,018 shares of the utilities provider’s stock worth $616,000 after purchasing an additional 681 shares during the period. Finally, Oarsman Capital Inc. purchased a new position in shares of NextEra Energy during the 2nd quarter valued at about $241,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Bank of America lowered their target price on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a research note on Monday, July 13th. Mizuho set a $95.00 price objective on NextEra Energy in a research report on Monday, July 27th. BMO Capital Markets lifted their target price on shares of NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Monday, July 27th. JPMorgan Chase & Co. boosted their target price on shares of NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. Finally, Erste Group Bank lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Seventeen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, NextEra Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $100.33.

NextEra Energy Trading Down 0.8%

Shares of NEE stock opened at $83.51 on Friday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. The company has a market cap of $174.18 billion, a price-to-earnings ratio of 18.77, a PEG ratio of 2.30 and a beta of 0.67. The stock has a 50 day simple moving average of $87.05 and a 200-day simple moving average of $89.75. NextEra Energy, Inc. has a 1-year low of $69.24 and a 1-year high of $98.75.

NextEra Energy (NYSE:NEE) 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. The firm had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.05 EPS. 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 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.0%. NextEra Energy’s payout ratio is currently 55.96%.

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.