Robinhood Asset Management LLC Invests $9.43 Million in NextEra Energy, Inc. $NEE

Robinhood Asset Management LLC bought a new stake in NextEra Energy, Inc. (NYSE:NEE) in the second quarter, HoldingsChannel.com reports. The firm bought 107,392 shares of the utilities provider’s stock, valued at approximately $9,426,000.

Several other institutional investors and hedge funds have also modified their holdings of NEE. Norges Bank bought a new stake in NextEra Energy in the 4th quarter valued at about $2,816,327,000. Employees Provident Fund Board bought a new position in shares of NextEra Energy during the fourth quarter worth approximately $240,840,000. Amundi increased its holdings in shares of NextEra Energy by 16.7% during the third quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock worth $1,012,129,000 after purchasing an additional 1,780,881 shares during the period. Danske Bank A S acquired a new stake in shares of NextEra Energy in the second quarter valued at approximately $136,255,000. Finally, Caisse de depot et placement du Quebec boosted its stake in shares of NextEra Energy by 64.4% in the fourth quarter. Caisse de depot et placement du Quebec now owns 3,715,931 shares of the utilities provider’s stock valued at $298,315,000 after buying an additional 1,456,185 shares during the period. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently issued reports on NEE. JPMorgan Chase & Co. increased their price target on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Weiss Ratings downgraded NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Erste Group Bank lowered NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. Morgan Stanley set a $114.00 price target on NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, August 21st. Finally, DA Davidson boosted their price target on NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Seventeen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $100.33.

NextEra Energy Stock Performance

NYSE NEE opened at $81.74 on Friday. The firm’s fifty day moving average price is $86.95 and its two-hundred day moving average price is $89.70. The stock has a market cap of $170.49 billion, a PE ratio of 18.37, a PEG ratio of 2.24 and a beta of 0.67. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. NextEra Energy, Inc. has a fifty-two week low of $69.24 and a fifty-two week high of $98.75.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating 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 period in the prior year, the company earned $1.05 EPS. NextEra Energy’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 analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be given a $0.6232 dividend. The ex-dividend date is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 3.0%. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.

NextEra Energy Company 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.