Swiss National Bank Purchases 400,300 Shares of NextEra Energy, Inc. $NEE

Swiss National Bank boosted its holdings in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) by 7.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,043,500 shares of the utilities provider’s stock after buying an additional 400,300 shares during the period. Swiss National Bank’s holdings in NextEra Energy were worth $561,320,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of NEE. Laurel Wealth Advisors LLC bought a new position in shares of NextEra Energy during the 4th quarter worth about $25,000. Anfield Capital Management LLC increased its stake in NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 270 shares during the period. Wealth Watch Advisors INC increased its stake in NextEra Energy by 223.8% in the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 226 shares during the period. Osbon Capital Management LLC acquired a new position in NextEra Energy in the fourth quarter worth about $27,000. Finally, Strive Asset Management LLC acquired a new position in NextEra Energy in the third quarter worth about $29,000. Institutional investors own 78.72% of the company’s stock.

Key NextEra Energy News

Here are the key news stories impacting NextEra Energy this week:

NextEra Energy Price Performance

Shares of NEE stock opened at $88.73 on Friday. The stock’s fifty day moving average is $87.94 and its 200-day moving average is $89.18. 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 stock has a market capitalization of $185.04 billion, a PE ratio of 22.58, a PEG ratio of 2.43 and a beta of 0.67. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75.

NextEra Energy (NYSE:NEEGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating the consensus estimate of $1.03 by $0.06. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The business had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. During the same period in the prior year, the firm earned $0.99 earnings per share. NextEra Energy’s 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. Equities research analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were issued a dividend of $0.6232 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 annualized dividend and a yield of 2.8%. NextEra Energy’s dividend payout ratio is currently 63.36%.

Analyst Ratings Changes

A number of research analysts have commented on NEE shares. BTIG Research restated a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a research note on Friday, April 24th. Wall Street Zen upgraded NextEra Energy from a “sell” rating to a “hold” rating in a research note on Sunday, July 12th. BMO Capital Markets dropped their target price on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a report on Monday, May 18th. Evercore restated an “outperform” rating and set a $107.00 target price on shares of NextEra Energy in a research report on Monday, May 4th. Finally, Weiss Ratings lowered NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $99.64.

Read Our Latest Analysis on NEE

About NextEra Energy

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding NEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NextEra Energy, Inc. (NYSE:NEEFree Report).

Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

Receive News & Ratings for NextEra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextEra Energy and related companies with MarketBeat.com's FREE daily email newsletter.