Deutsche Bank AG Has $1.39 Billion Holdings in NextEra Energy, Inc. $NEE

Deutsche Bank AG lifted its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 2.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 17,281,357 shares of the utilities provider’s stock after purchasing an additional 485,854 shares during the quarter. Deutsche Bank AG’s holdings in NextEra Energy were worth $1,387,347,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of NEE. Norges Bank acquired a new stake in shares of NextEra Energy during the fourth quarter worth $2,816,327,000. Pictet Asset Management Holding SA increased its position in shares of NextEra Energy by 47.3% during the fourth quarter. Pictet Asset Management Holding SA now owns 9,254,022 shares of the utilities provider’s stock worth $742,913,000 after buying an additional 2,972,924 shares during the period. Danica Pension Livsforsikringsaktieselskab acquired a new stake in shares of NextEra Energy during the third quarter worth $177,198,000. Vanguard Group Inc. increased its position in shares of NextEra Energy by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock worth $17,343,185,000 after buying an additional 2,234,176 shares during the period. Finally, Amundi increased its position 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 buying an additional 1,780,881 shares during the period. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Trading Up 0.7%

NYSE:NEE opened at $84.58 on Wednesday. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. The stock has a market capitalization of $176.37 billion, a price-to-earnings ratio of 21.52, a PEG ratio of 2.46 and a beta of 0.68. The firm has a fifty day simple moving average of $91.38 and a two-hundred day simple moving average of $88.24. NextEra Energy, Inc. has a 12 month low of $67.20 and a 12 month high of $98.75.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.06. The firm had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The business’s revenue was up 7.3% on a year-over-year basis. During the same period last year, the company earned $0.99 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, June 5th will be issued a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is currently 63.36%.

Insider Activity

In other news, EVP Nicole J. Daggs sold 4,934 shares of NextEra Energy stock in a transaction dated 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 transaction, the executive vice president directly owned 16,905 shares in the company, valued at $1,572,165. This trade represents a 22.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.18% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

NEE has been the subject of several recent analyst reports. BMO Capital Markets decreased their price objective on shares of NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a research report on Monday, May 18th. Wall Street Zen cut shares of NextEra Energy from a “hold” rating to a “sell” rating in a report on Saturday, March 28th. DA Davidson raised their price target on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Jefferies Financial Group raised their price target on shares of NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a report on Tuesday, April 21st. Finally, BTIG Research restated a “buy” rating and issued a $112.00 price target on shares of NextEra Energy in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $99.20.

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.