Vega Investment Solutions Makes New Investment in NextEra Energy, Inc. $NEE

Vega Investment Solutions purchased a new stake in NextEra Energy, Inc. (NYSE:NEE) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 12,006 shares of the utilities provider’s stock, valued at approximately $1,054,000.

Other institutional investors have also modified their holdings of the company. 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 in the last quarter. Norges Bank acquired a new position in NextEra Energy during the 4th quarter worth $2,816,327,000. Price T Rowe Associates Inc. MD increased its holdings in NextEra Energy by 6.6% during 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 purchasing an additional 1,136,074 shares during the period. Deutsche Bank AG raised its position in NextEra Energy by 2.9% in the 4th quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock valued at $1,387,347,000 after purchasing an additional 485,854 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in NextEra Energy by 1.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 17,220,630 shares of the utilities provider’s stock valued at $1,382,473,000 after purchasing an additional 253,273 shares in the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on NEE shares. Erste Group Bank downgraded NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. HC Wainwright reaffirmed a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. Bank of America decreased their price target on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research note on Monday, July 13th. Wall Street Zen cut shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a report on Saturday, August 22nd. Finally, JPMorgan Chase & Co. increased their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. Seventeen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, NextEra Energy currently has a consensus rating of “Moderate Buy” and an average target price of $100.33.

NextEra Energy Stock Performance

Shares of NEE opened at $82.46 on Tuesday. The company has a market capitalization of $172.00 billion, a price-to-earnings ratio of 18.53, a price-to-earnings-growth ratio of 2.24 and a beta of 0.67. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. The stock has a 50 day moving average price of $86.88 and a 200 day moving average price of $89.64.

NextEra Energy (NYSE:NEE) last released 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 for 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 quarter last year, the company earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Research analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

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 given 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 payout ratio is 55.96%.

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.