J.W. Cole Advisors Inc. Sells 8,207 Shares of NextEra Energy, Inc. $NEE

J.W. Cole Advisors Inc. cut its holdings in NextEra Energy, Inc. (NYSE:NEE) by 5.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 150,043 shares of the utilities provider’s stock after selling 8,207 shares during the period. J.W. Cole Advisors Inc.’s holdings in NextEra Energy were worth $11,312,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. increased its stake in shares of NextEra Energy by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock worth $17,343,185,000 after purchasing an additional 2,234,176 shares during the period. Geode Capital Management LLC increased its stake 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 worth $3,781,790,000 after purchasing an additional 966,152 shares during the period. Norges Bank bought a new position in shares of NextEra Energy in the fourth quarter worth about $2,816,327,000. Legal & General Group Plc increased its stake in shares of NextEra Energy by 2.3% in the third quarter. Legal & General Group Plc now owns 16,787,191 shares of the utilities provider’s stock worth $1,267,265,000 after purchasing an additional 373,088 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of NextEra Energy by 0.5% in the fourth quarter. Bank of New York Mellon Corp now owns 13,443,132 shares of the utilities provider’s stock worth $1,079,215,000 after purchasing an additional 66,557 shares during the period. 78.72% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Treasurer James Michael May sold 7,161 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $646,423.47. Following the sale, the treasurer directly owned 26,719 shares in the company, valued at approximately $2,411,924.13. This represents a 21.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Nicole J. Daggs sold 4,934 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $93.00, for a total value 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 31,767 shares of company stock worth $2,881,077. Company insiders own 0.18% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on NEE shares. Mizuho lifted their price objective on NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Wall Street Zen lowered NextEra Energy from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Scotiabank boosted their price target on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. BTIG Research restated a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. boosted their price target on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, NextEra Energy presently has a consensus rating of “Moderate Buy” and an average price target of $99.20.

NextEra Energy Trading Up 1.2%

Shares of NEE opened at $85.62 on Friday. NextEra Energy, Inc. has a 12-month low of $67.20 and a 12-month high of $98.75. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. The firm has a market capitalization of $178.54 billion, a price-to-earnings ratio of 21.79, a P/E/G ratio of 2.48 and a beta of 0.68. The stock’s 50-day moving average price is $91.77 and its 200 day moving average price is $88.24.

NextEra Energy (NYSE:NEE) 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. 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 for the quarter, compared to analyst estimates of $7.43 billion. During the same period in the previous year, the company posted $0.99 earnings per share. The company’s quarterly revenue 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. As a group, research analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, June 5th will be paid a $0.6232 dividend. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Friday, June 5th. NextEra Energy’s dividend payout ratio is currently 63.36%.

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.