Bayshore Asset Management LLC Invests $588,000 in NextEra Energy, Inc. $NEE

Bayshore Asset Management LLC bought a new stake in shares of NextEra Energy, Inc. (NYSE:NEE) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 6,694 shares of the utilities provider’s stock, valued at approximately $588,000. NextEra Energy comprises 0.2% of Bayshore Asset Management LLC’s investment portfolio, making the stock its 28th largest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. Czech National Bank increased its holdings in shares of NextEra Energy by 4.7% in the 2nd quarter. Czech National Bank now owns 593,568 shares of the utilities provider’s stock valued at $52,097,000 after purchasing an additional 26,378 shares during the period. Annex Advisory Services LLC lifted its position in shares of NextEra Energy by 13.9% in the second quarter. Annex Advisory Services LLC now owns 711,009 shares of the utilities provider’s stock worth $62,405,000 after purchasing an additional 86,585 shares in the last quarter. Osprey Private Wealth LLC acquired a new stake in shares of NextEra Energy during the fourth quarter worth approximately $1,044,000. Leonteq Securities AG acquired a new stake in shares of NextEra Energy during the fourth quarter worth approximately $1,246,000. Finally, CV Advisors LLC purchased a new position in NextEra Energy during the second quarter valued at approximately $1,404,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

Wall Street Analysts Forecast Growth

NEE has been the topic of several research reports. JPMorgan Chase & Co. upped their price objective 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. Erste Group Bank lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. HC Wainwright restated a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. Barclays set a $91.00 price target on shares of NextEra Energy and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. Finally, Morgan Stanley set a $114.00 price objective on NextEra Energy and gave the stock an “overweight” rating in a report on Friday, August 21st. Seventeen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $100.33.

NextEra Energy Trading Down 0.9%

NYSE:NEE opened at $83.33 on Friday. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. The firm has a market cap of $173.81 billion, a price-to-earnings ratio of 18.73, a P/E/G ratio of 2.58 and a beta of 0.65. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. The company’s 50 day moving average is $86.54 and its 200-day moving average is $89.41.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $8.11 billion. During the same period in the prior year, the firm earned $1.05 EPS. NextEra Energy’s quarterly 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. Equities analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be paid 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 payout ratio is presently 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.