SBI Okasan Asset Management Co.Ltd. Makes New Investment in NextEra Energy, Inc. $NEE

SBI Okasan Asset Management Co.Ltd. purchased a new position in shares of NextEra Energy, Inc. (NYSE:NEE) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 17,910 shares of the utilities provider’s stock, valued at approximately $1,438,000.

Several other institutional investors have also modified their holdings of the company. Isthmus Partners LLC boosted its stake in shares of NextEra Energy by 1.9% during the 3rd quarter. Isthmus Partners LLC now owns 6,590 shares of the utilities provider’s stock worth $497,000 after acquiring an additional 120 shares in the last quarter. Heritage Wealth Management Inc. boosted its position in shares of NextEra Energy by 1.0% in the 3rd quarter. Heritage Wealth Management Inc. now owns 12,320 shares of the utilities provider’s stock worth $930,000 after buying an additional 125 shares in the last quarter. Westmount Partners LLC boosted its position in shares of NextEra Energy by 1.9% in the 4th quarter. Westmount Partners LLC now owns 6,660 shares of the utilities provider’s stock worth $535,000 after buying an additional 125 shares in the last quarter. Crew Capital Management Ltd boosted its position in shares of NextEra Energy by 3.9% in the 4th quarter. Crew Capital Management Ltd now owns 3,347 shares of the utilities provider’s stock worth $269,000 after buying an additional 125 shares in the last quarter. Finally, Marion Wealth Management boosted its position in shares of NextEra Energy by 0.6% in the 4th quarter. Marion Wealth Management now owns 21,101 shares of the utilities provider’s stock worth $1,790,000 after buying an additional 125 shares in the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Trading Down 0.5%

Shares of NEE opened at $87.25 on Friday. The stock has a fifty day moving average of $92.33 and a two-hundred day moving average of $88.23. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. The company has a market capitalization of $181.94 billion, a PE ratio of 22.20, a price-to-earnings-growth ratio of 2.57 and a beta of 0.73. NextEra Energy, Inc. has a fifty-two week low of $66.77 and a fifty-two week high of $98.75.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The company had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.43 billion. During the same quarter in the prior year, the company posted $0.99 EPS. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, June 5th will be issued a $0.6232 dividend. This represents a $2.49 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, June 5th. NextEra Energy’s dividend payout ratio is currently 63.36%.

Insider Activity at NextEra Energy

In related news, EVP Terrell Kirk Crews II sold 19,672 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $1,775,791.44. Following the completion of the sale, the executive vice president directly owned 73,857 shares in the company, valued at approximately $6,667,071.39. This represents a 21.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Nicole J. Daggs sold 4,934 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $93.00, for a total transaction of $458,862.00. Following the completion of the sale, the executive vice president directly owned 16,905 shares of the company’s stock, valued at $1,572,165. This trade represents a 22.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 31,767 shares of company stock worth $2,881,077. Corporate insiders own 0.18% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on NEE. BTIG Research reiterated a “buy” rating and issued a $112.00 price objective on shares of NextEra Energy in a research report on Friday, April 24th. Mizuho boosted their price objective on shares of NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. UBS Group boosted their price objective on shares of NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Wall Street Zen lowered shares of NextEra Energy from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. Finally, TD Cowen boosted their price objective 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. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $99.20.

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.