OMERS ADMINISTRATION Corp Purchases Shares of 234,380 NextEra Energy, Inc. $NEE

OMERS ADMINISTRATION Corp purchased a new position in shares of NextEra Energy, Inc. (NYSE:NEE) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 234,380 shares of the utilities provider’s stock, valued at approximately $20,572,000.

Several other institutional investors and hedge funds have also modified their holdings of NEE. Osmosis Investment Management UK Ltd purchased a new stake in shares of NextEra Energy in the second quarter worth about $939,000. Sanctuary Advisors LLC acquired a new position in NextEra Energy in the second quarter valued at approximately $52,396,000. Covington Investment Advisors Inc. purchased a new stake in NextEra Energy in the 2nd quarter worth approximately $3,461,000. Solstein Capital LLC purchased a new stake in NextEra Energy in the 2nd quarter worth approximately $140,000. Finally, Meiji Yasuda Asset Management Co Ltd. acquired a new stake in shares of NextEra Energy during the 2nd quarter worth approximately $19,465,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Price Performance

NextEra Energy stock opened at $81.74 on Monday. The stock has a market capitalization of $170.49 billion, a P/E ratio of 18.37, a P/E/G ratio of 2.24 and a beta of 0.67. The company’s fifty day moving average price is $86.95 and its 200 day moving average price is $89.70. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. The company had revenue of $7.53 billion during the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities research analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be paid a $0.6232 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a yield of 3.0%. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on NEE shares. Wall Street Zen cut shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 22nd. Barclays set a $91.00 price objective on shares of NextEra Energy and gave the company an “equal weight” rating in a report on Tuesday, July 7th. Morgan Stanley set a $114.00 price objective on shares of NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, August 21st. Evercore reissued an “outperform” rating and set a $107.00 target price on shares of NextEra Energy in a research note on Monday, May 4th. Finally, Bank of America dropped their target price on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a research report on Monday, July 13th. Seventeen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, NextEra Energy has an average rating of “Moderate Buy” and a consensus target price of $100.33.

NextEra Energy 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.