NextEra Energy, Inc. $NEE Stock Holdings Reduced by Commerzbank Aktiengesellschaft FI

by · The Markets Daily

Commerzbank Aktiengesellschaft FI reduced its position in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 14.7% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 42,811 shares of the utilities provider’s stock after selling 7,402 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in NextEra Energy were worth $3,976,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Laurel Wealth Advisors LLC bought a new stake in shares of NextEra Energy in the 4th quarter valued at approximately $25,000. Anfield Capital Management LLC raised its position in 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 acquiring an additional 270 shares in the last quarter. Wealth Watch Advisors INC lifted its stake in NextEra Energy by 223.8% in the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 226 shares during the last quarter. Osbon Capital Management LLC bought a new stake in NextEra Energy in the fourth quarter worth approximately $27,000. Finally, Strive Asset Management LLC bought a new stake in NextEra Energy in the third quarter worth approximately $29,000. 78.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

NEE has been the topic of a number of recent research reports. BTIG Research restated a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a report on Friday, April 24th. DA Davidson upped their price target on NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. TD Cowen increased their price objective on NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a report on Monday, April 27th. Sanford C. Bernstein set a $107.00 target price on NextEra Energy and gave the stock an “outperform” rating in a report on Tuesday, June 16th. Finally, Mizuho increased their price target on NextEra Energy from $90.00 to $95.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $99.32.

View Our Latest Stock Analysis on NextEra Energy

NextEra Energy Stock Down 0.9%

NEE stock opened at $88.00 on Tuesday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75. The company has a 50-day moving average of $87.80 and a two-hundred day moving average of $89.29. The stock has a market capitalization of $183.51 billion, a price-to-earnings ratio of 22.39, a price-to-earnings-growth ratio of 2.43 and a beta of 0.67.

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

NextEra Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were issued a $0.6232 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a yield of 2.8%. NextEra Energy’s dividend payout ratio (DPR) is 63.36%.

About NextEra Energy

(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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