Siemens Fonds Invest GmbH Has $7.58 Million Stock Holdings in NextEra Energy, Inc. $NEE

Siemens Fonds Invest GmbH lessened its stake in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) by 12.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 94,175 shares of the utilities provider’s stock after selling 13,347 shares during the quarter. Siemens Fonds Invest GmbH’s holdings in NextEra Energy were worth $7,584,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Laurel Wealth Advisors LLC acquired a new stake in NextEra Energy in the 4th quarter worth about $25,000. Anfield Capital Management LLC raised its stake in NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 270 shares in the last quarter. Strive Asset Management LLC acquired a new stake in NextEra Energy in the 3rd quarter worth about $29,000. Quest 10 Wealth Builders Inc. raised its stake in NextEra Energy by 135.4% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 218 shares in the last quarter. Finally, Joseph Group Capital Management acquired a new stake in NextEra Energy in the 4th quarter worth about $32,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Stock Up 0.2%

NextEra Energy stock opened at $86.25 on Wednesday. NextEra Energy, Inc. has a 1-year low of $67.20 and a 1-year high of $98.75. The firm has a market capitalization of $179.86 billion, a price-to-earnings ratio of 21.95, a price-to-earnings-growth ratio of 2.53 and a beta of 0.68. The firm’s fifty day moving average price is $90.66 and its two-hundred day moving average price is $88.28. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41.

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

NextEra Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were given a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is presently 63.36%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on NEE. Erste Group Bank upgraded shares of NextEra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 18th. Wells Fargo & Company set a $102.00 price target on shares of NextEra Energy and gave the company an “overweight” rating in a report on Friday, April 24th. BTIG Research reaffirmed a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a report on Friday, April 24th. Sanford C. Bernstein set a $107.00 target price on shares of NextEra Energy in a research report on Tuesday. Finally, Weiss Ratings cut shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $99.57.

Get Our Latest Analysis on NEE

NextEra Energy Company Profile

(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.

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

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