Field & Main Bank Makes New $2.03 Million Investment in NextEra Energy, Inc. $NEE

Field & Main Bank bought a new position in NextEra Energy, Inc. (NYSE:NEE) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 23,088 shares of the utilities provider’s stock, valued at approximately $2,026,000.

Several other institutional investors have also recently made changes to their positions in the company. Anfield Capital Management LLC boosted its position in shares of NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares in the last quarter. Kilter Group LLC bought a new position in NextEra Energy in the second quarter worth $25,000. Manning & Napier Advisors LLC bought a new position in NextEra Energy in the second quarter worth $26,000. Pin Oak Investment Advisors Inc. purchased a new position in NextEra Energy during the second quarter valued at $26,000. Finally, Wealth Watch Advisors INC lifted its position in NextEra Energy by 223.8% during the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after buying an additional 226 shares during the period. Institutional investors own 78.72% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on NEE. Weiss Ratings downgraded shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Mizuho set a $95.00 price target on shares of NextEra Energy in a research note on Monday, July 27th. Sanford C. Bernstein reissued an “outperform” rating and set a $108.00 price target on shares of NextEra Energy in a research report on Monday, July 27th. Erste Group Bank lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Finally, Barclays set a $91.00 price objective on shares of NextEra Energy and gave the stock an “equal weight” rating in a report on Tuesday, July 7th. Seventeen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $100.33.

NextEra Energy Trading Up 0.2%

NYSE NEE opened at $83.10 on Thursday. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. The stock has a market cap of $173.34 billion, a P/E ratio of 18.68, a P/E/G ratio of 2.57 and a beta of 0.65. The stock’s fifty day moving average price is $86.72 and its 200-day moving average price is $89.52. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45.

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

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be issued a $0.6232 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 3.0%. NextEra Energy’s payout ratio is 55.96%.

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.