TFR Capital LLC. Purchases 17,832 Shares of NextEra Energy, Inc. $NEE

TFR Capital LLC. boosted its position in NextEra Energy, Inc. (NYSE:NEE) by 291.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,948 shares of the utilities provider’s stock after purchasing an additional 17,832 shares during the period. TFR Capital LLC.’s holdings in NextEra Energy were worth $2,102,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Indivisible Partners bought a new stake in NextEra Energy during the 4th quarter worth approximately $1,355,000. Czech National Bank raised its stake in shares of NextEra Energy by 4.7% during the second quarter. Czech National Bank now owns 593,568 shares of the utilities provider’s stock valued at $52,097,000 after acquiring an additional 26,378 shares during the last quarter. Swedbank AB lifted its holdings in shares of NextEra Energy by 13.4% during the fourth quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock worth $81,615,000 after purchasing an additional 120,389 shares during the period. Annex Advisory Services LLC lifted its holdings in shares of NextEra Energy by 13.9% during 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 during the period. Finally, MGO One Seven LLC grew its stake in shares of NextEra Energy by 12.1% in the fourth quarter. MGO One Seven LLC now owns 137,251 shares of the utilities provider’s stock worth $11,018,000 after purchasing an additional 14,828 shares during the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

NEE has been the subject of a number of recent research reports. JPMorgan Chase & Co. increased their price objective on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. Bank of America cut their target price on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a report on Monday, July 13th. Morgan Stanley set a $114.00 price target on NextEra Energy and gave the company an “overweight” rating in a research report on Friday. Weiss Ratings cut NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Finally, HSBC raised their price objective on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Seventeen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $100.33.

NextEra Energy Trading Up 0.2%

NEE opened at $84.24 on Wednesday. NextEra Energy, Inc. has a twelve month low of $69.24 and a twelve month high of $98.75. The company has a fifty day moving average of $87.14 and a 200-day moving average of $89.83. The stock has a market cap of $175.71 billion, a PE ratio of 18.93, a price-to-earnings-growth ratio of 2.30 and a beta of 0.67. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45.

NextEra Energy (NYSE:NEE) last released its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.04. The business had revenue of $7.53 billion for the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. NextEra Energy’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, sell-side analysts predict 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. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy’s payout ratio 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.