One Wealth Capital Management LLC Buys New Position in NextEra Energy, Inc. $NEE

One Wealth Capital Management LLC bought a new stake in NextEra Energy, Inc. (NYSE:NEE – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 8,717 shares of the utilities provider’s stock, valued at approximately $660,000.

Several other large investors have also modified their holdings of NEE. Legal & General Group Plc acquired a new stake in shares of NextEra Energy during the second quarter worth $1,465,987,000. GQG Partners LLC purchased a new position in NextEra Energy in the 2nd quarter valued at $651,293,000. Canada Pension Plan Investment Board acquired a new position in NextEra Energy in the 2nd quarter valued at $389,527,000. Amundi increased its stake in NextEra Energy by 46.5% in the 2nd quarter. Amundi now owns 13,329,077 shares of the utilities provider’s stock valued at $1,169,839,000 after buying an additional 4,231,814 shares during the period. Finally, Caisse de depot et placement du Quebec acquired a new position in NextEra Energy in the 2nd quarter valued at $288,886,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Up 0.3%

NextEra Energy stock opened at $82.15 on Friday. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.53 and a quick ratio of 0.44. NextEra Energy, Inc. has a 1-year low of $74.41 and a 1-year high of $98.75. The company has a market cap of $172.29 billion, a PE ratio of 14.80, a price-to-earnings-growth ratio of 2.55 and a beta of 0.64. The stock’s 50 day moving average price is $80.55 and its 200 day moving average price is $86.17.

NextEra Energy (NYSE:NEE – Get Free Report) last announced its quarterly earnings data on Wednesday, October 21st. The utilities provider reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.04. The firm had revenue of $8.09 billion for the quarter, compared to analyst estimates of $8.47 billion. NextEra Energy had a return on equity of 12.27% and a net margin of 40.37%. NextEra Energy’s quarterly revenue was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.13 earnings per share. On average, sell-side analysts predict that NextEra Energy, Inc. will post 4.00 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Friday, November 27th will be given a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, November 27th. NextEra Energy’s payout ratio is presently 44.86%.

Wall Street Analyst Weigh In

A number of brokerages have commented on NEE. Wall Street Zen upgraded shares of NextEra Energy from a “strong sell” rating to a “sell” rating in a research report on Saturday, October 17th. Weiss Ratings raised shares of NextEra Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday. Bank of America lowered their target price 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. Mizuho dropped their price target on shares of NextEra Energy from $95.00 to $80.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 6th. Finally, Sanford C. Bernstein reissued an “outperform” rating and set a $108.00 price target on shares of NextEra Energy in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $97.71.

Read Our Latest Stock Report on NEE

Key NextEra Energy News

Here are the key news stories impacting NextEra Energy this week:

  • Positive Sentiment: Earnings beat and guidance reaffirmed: NextEra reported third-quarter earnings of $1.24 per share, above the $1.20 consensus estimate, on revenue of $8.09 billion. Management is targeting the high end of its 2026 earnings guidance and reaffirmed its long-term earnings and dividend-growth targets. Bull case following earnings beat
  • Positive Sentiment: Renewables pipeline remains a growth driver: NextEra Energy Resources added 3.7 gigawatts to its renewables backlog, while the company secured $5.7 billion to support federal energy-hub projects. Strong demand from data centers and continued storage and renewable development support the long-term outlook. Federal energy hub funding
  • Positive Sentiment: Analyst support and dividend maintained: Scotiabank initiated or reiterated a Buy rating, while Sanford C. Bernstein reaffirmed an Outperform rating. The board also declared a $0.6232 quarterly dividend, equal to approximately $2.49 annually and a 3.1% yield. Scotiabank Buy rating
  • Neutral Sentiment: Dominion merger remains on track but carries risk: NextEra expects to close its Dominion Energy merger in the second half of 2027. However, regulatory approval, political opposition in Virginia and execution complexity could create uncertainty before completion. NextEra and Dominion merger risks
  • Negative Sentiment: Rate sensitivity and valuation concerns remain: Investors continue to question whether NEE’s recent multiyear gains and current dividend yield justify a premium valuation, particularly while higher interest rates pressure utilities. Barclays cut its price target from $84 to $79 and kept an Equal Weight rating; HSBC also reduced its target, from $114 to $103. Barclays rating and price target

NextEra Energy Profile

(Free Report)

NextEra Energy, Inc is an energy infrastructure company headquartered in Juno Beach, Florida. Through its businesses, the company generates, transmits, distributes and sells electricity, with a focus on regulated utility operations and clean energy development.

Florida Power & Light Company, NextEra Energy’s principal regulated utility, serves customers across much of Florida. FPL operates electric generation, transmission and distribution infrastructure and provides retail electricity service to residential, commercial and industrial customers.

NextEra Energy Resources develops, owns and operates renewable energy and energy storage projects, including wind and solar facilities.

Read More

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

Receive News & Ratings for NextEra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextEra Energy and related companies with MarketBeat.com's FREE daily email newsletter.