University of Texas Texas AM Investment Management Co. Boosts Stock Position in NextEra Energy, Inc. $NEE

University of Texas Texas AM Investment Management Co. boosted its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 595.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 28,409 shares of the utilities provider’s stock after acquiring an additional 24,323 shares during the quarter. University of Texas Texas AM Investment Management Co.’s holdings in NextEra Energy were worth $2,281,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the company. Indivisible Partners bought a new stake in NextEra Energy in the 4th quarter valued at $1,355,000. First Long Island Investors LLC purchased a new position in shares of NextEra Energy during the third quarter valued at about $14,198,000. SevenBridge Financial Group LLC increased its holdings in shares of NextEra Energy by 39.7% in the third quarter. SevenBridge Financial Group LLC now owns 49,603 shares of the utilities provider’s stock worth $3,745,000 after purchasing an additional 14,089 shares during the last quarter. Swedbank AB increased its holdings in shares of NextEra Energy by 13.4% in 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 last quarter. Finally, Carnegie Investment Counsel increased its stake in NextEra Energy by 9.4% in the 4th quarter. Carnegie Investment Counsel now owns 458,141 shares of the utilities provider’s stock worth $36,780,000 after acquiring an additional 39,250 shares during the last quarter. 78.72% of the stock is currently owned by institutional investors.

NextEra Energy Stock Performance

Shares of NEE opened at $86.12 on Tuesday. The stock has a 50-day moving average of $90.80 and a two-hundred day moving average of $88.28. 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 cap of $179.59 billion, a P/E ratio of 21.91, a P/E/G ratio of 2.52 and a beta of 0.68. NextEra Energy, Inc. has a one year low of $67.20 and a one year high of $98.75.

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

NextEra Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were issued a $0.6232 dividend. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, June 5th. NextEra Energy’s payout ratio is 63.36%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. Scotiabank raised their price target on NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a research note on Friday, April 24th. Jefferies Financial Group increased their target price on NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a research note on Tuesday, April 21st. Wall Street Zen downgraded NextEra Energy from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. Erste Group Bank upgraded shares of NextEra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. Finally, Evercore reissued an “outperform” rating and set a $107.00 price objective on shares of NextEra Energy in a report on Monday, May 4th. One research 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 company. According to data from MarketBeat.com, NextEra Energy has an average rating of “Moderate Buy” and a consensus target price of $99.20.

About NextEra Energy

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.