Kinloch Capital LLC Buys Shares of 51,190 NextEra Energy, Inc. $NEE

Kinloch Capital LLC bought a new position in NextEra Energy, Inc. (NYSE:NEE) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 51,190 shares of the utilities provider’s stock, valued at approximately $4,493,000. NextEra Energy accounts for 1.6% of Kinloch Capital LLC’s holdings, making the stock its 28th biggest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in NEE. Geode Capital Management LLC raised its holdings 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 bought a new position in NextEra Energy during the 4th quarter worth about $2,816,327,000. Price T Rowe Associates Inc. MD grew 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 acquiring an additional 1,136,074 shares in the last quarter. Deutsche Bank AG increased its position in NextEra Energy by 2.9% during 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 during the period. Finally, Charles Schwab Investment Management Inc. increased its position in NextEra Energy by 1.5% during 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 during the period. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Performance

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

NextEra Energy (NYSE:NEE) last released its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share 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 in the previous year, the firm earned $1.05 EPS. NextEra Energy’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. Sell-side analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The company also recently announced 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. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy’s dividend payout ratio is presently 55.96%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Mizuho set a $95.00 price target on shares of NextEra Energy in a research report on Monday, July 27th. Bank of America cut their price objective on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a report on Monday, July 13th. Jefferies Financial Group set a $94.00 target price on NextEra Energy in a report on Tuesday, July 14th. Erste Group Bank cut NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Finally, BMO Capital Markets lifted their price target on NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Seventeen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, NextEra Energy has a consensus rating of “Moderate Buy” and an average price target of $100.33.

NextEra Energy Company 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.