Corient Private Wealth LP Increases Stock Holdings in NextEra Energy, Inc. $NEE

Corient Private Wealth LP increased its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 32.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 2,531,453 shares of the utilities provider’s stock after purchasing an additional 617,513 shares during the quarter. Corient Private Wealth LP’s holdings in NextEra Energy were worth $222,186,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. California State Teachers Retirement System boosted its stake in NextEra Energy by 8,297.4% during the second quarter. California State Teachers Retirement System now owns 222,175,185 shares of the utilities provider’s stock worth $19,500,316,000 after buying an additional 219,529,415 shares during the period. Geode Capital Management LLC raised its stake in shares of NextEra Energy by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock valued at $3,781,790,000 after acquiring an additional 966,152 shares during the period. Norges Bank purchased a new stake in shares of NextEra Energy in the fourth quarter valued at $2,816,327,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of NextEra Energy by 6.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 18,365,788 shares of the utilities provider’s stock worth $1,474,407,000 after acquiring an additional 1,136,074 shares during the last quarter. Finally, Deutsche Bank AG lifted its holdings in shares of NextEra Energy by 2.9% in the 4th quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock worth $1,387,347,000 after acquiring an additional 485,854 shares during the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Trading Down 0.2%

NYSE NEE opened at $82.47 on Friday. The company’s 50-day moving average price is $86.17 and its 200-day moving average price is $89.13. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. The stock has a market cap of $172.04 billion, a PE ratio of 18.53, a PEG ratio of 2.56 and a beta of 0.65. NextEra Energy, Inc. has a 12 month low of $69.37 and a 12 month high of $98.75.

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

NextEra Energy Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts recently commented on NEE shares. Erste Group Bank cut shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Wall Street Zen downgraded shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 22nd. Jefferies Financial Group set a $94.00 target price on NextEra Energy in a research report on Tuesday, July 14th. Mizuho set a $95.00 target price on NextEra Energy in a research note on Monday, July 27th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $108.00 price target on shares of NextEra Energy in a report on Monday, July 27th. Seventeen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, NextEra Energy has an average rating of “Moderate Buy” and an average price target of $100.33.

About NextEra Energy

NextEra Energy, Inc is an electric power and energy infrastructure company headquartered in Juno Beach, Florida. Through its principal subsidiary, Florida Power & Light Company (FPL), it generates, transmits, distributes and sells electricity to customers in Florida. FPL serves residential, commercial and industrial customers across much of the state.

Through NextEra Energy Resources, the company develops, owns and operates power-generation and storage projects in the United States and Canada.