70,727 Shares in NextEra Energy, Inc. $NEE Acquired by North Dakota State Investment Board

North Dakota State Investment Board acquired a new position in NextEra Energy, Inc. (NYSE:NEE) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 70,727 shares of the utilities provider’s stock, valued at approximately $5,678,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of NEE. Laurel Wealth Advisors LLC bought a new position in NextEra Energy in the fourth quarter worth approximately $25,000. Anfield Capital Management LLC boosted its position in NextEra Energy by 692.3% during the 4th 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. Strive Asset Management LLC bought a new stake in NextEra Energy during the 3rd quarter valued at $29,000. Quest 10 Wealth Builders Inc. boosted its position in NextEra Energy by 135.4% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock valued at $30,000 after acquiring an additional 218 shares in the last quarter. Finally, Joseph Group Capital Management bought a new stake in NextEra Energy during the 4th quarter valued at $32,000. Institutional investors own 78.72% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on NEE shares. Erste Group Bank raised NextEra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 18th. HSBC increased their target price on NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. DA Davidson increased their target price on NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Jefferies Financial Group increased their target price on NextEra Energy from $92.00 to $93.00 and gave the company a “hold” rating in a research report on Tuesday, April 21st. Finally, Morgan Stanley set a $108.00 target price on NextEra Energy and gave the company an “overweight” rating in a research report on Friday, April 17th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, NextEra Energy has an average rating of “Moderate Buy” and a consensus price target of $99.10.

NextEra Energy Stock Performance

Shares of NEE opened at $93.34 on Monday. NextEra Energy, Inc. has a 12 month low of $63.88 and a 12 month high of $98.75. The stock has a fifty day moving average price of $92.94 and a 200-day moving average price of $87.83. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. The firm has a market cap of $194.64 billion, a PE ratio of 23.75, a P/E/G ratio of 2.74 and a beta of 0.73.

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

More NextEra Energy News

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

• Positive Sentiment: A merger with Dominion Energy could create a much larger utility platform and help NextEra Energy capitalize on rising power demand from AI data centers and other large-load customers. NextEra Energy Said to Be in Talks to Acquire Dominion, Creating a Utility Giant
• Positive Sentiment: Reports that the deal would be mostly stock-based suggest NextEra may preserve more cash flexibility than if it funded a large all-cash acquisition. NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
• Neutral Sentiment: Market commentary has also highlighted broader bullish interest in NextEra as a way to play the utility sector’s exposure to long-term power demand growth. NextEra Energy (NEE) Stock Eyes Dominion (D) Deal as AI Data Centers Drive Power Demand
• Negative Sentiment: Some reports suggest the acquisition could be enormous, raising concerns about integration risk, leverage, and regulatory scrutiny that may be pressuring shares. NextEra, Dominion in talks over tie-up to create $400 billion US utility giant, FT reports

Insider Activity

In other news, EVP Nicole J. Daggs sold 4,934 shares of the stock in a transaction on Friday, March 13th. The stock was sold at an average price of $93.00, for a total transaction of $458,862.00. Following the completion of the sale, the executive vice president owned 16,905 shares in the company, valued at approximately $1,572,165. This represents a 22.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Treasurer James Michael May sold 7,161 shares of the stock in a transaction on Monday, March 9th. The shares were sold at an average price of $90.27, for a total value of $646,423.47. Following the sale, the treasurer owned 26,719 shares of the company’s stock, valued at approximately $2,411,924.13. This represents a 21.14% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 31,767 shares of company stock worth $2,881,077. Insiders own 0.18% of the company’s stock.

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.