Miller Howard Investments Inc. NY Purchases 17,461 Shares of NextEra Energy, Inc. $NEE

Miller Howard Investments Inc. NY increased its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 12.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 159,030 shares of the utilities provider’s stock after buying an additional 17,461 shares during the period. Miller Howard Investments Inc. NY’s holdings in NextEra Energy were worth $14,771,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Garrison Point Advisors LLC grew its stake in shares of NextEra Energy by 0.4% during the fourth quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock worth $2,269,000 after purchasing an additional 109 shares during the period. 3Chopt Investment Partners LLC lifted its stake in NextEra Energy by 0.8% in the fourth quarter. 3Chopt Investment Partners LLC now owns 14,105 shares of the utilities provider’s stock valued at $1,132,000 after buying an additional 114 shares during the period. Nemes Rush Group LLC lifted its stake in NextEra Energy by 5.2% in the fourth quarter. Nemes Rush Group LLC now owns 2,354 shares of the utilities provider’s stock valued at $189,000 after buying an additional 117 shares during the period. Certified Advisory Corp boosted its holdings in NextEra Energy by 3.0% during the first quarter. Certified Advisory Corp now owns 4,096 shares of the utilities provider’s stock worth $380,000 after buying an additional 118 shares during the last quarter. Finally, Westmount Partners LLC boosted its holdings in NextEra Energy by 1.9% during the fourth quarter. Westmount Partners LLC now owns 6,660 shares of the utilities provider’s stock worth $535,000 after buying an additional 125 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on NEE shares. Barclays set a $90.00 price target on NextEra Energy and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. TD Cowen boosted their price objective on shares of NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a report on Monday, April 27th. Wall Street Zen upgraded shares of NextEra Energy from a “sell” rating to a “hold” rating in a report on Saturday. Morgan Stanley set a $111.00 target price on shares of NextEra Energy in a research note on Thursday, May 21st. Finally, Weiss Ratings lowered shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, NextEra Energy currently has an average rating of “Moderate Buy” and a consensus target price of $99.57.

NextEra Energy Stock Up 0.5%

Shares of NextEra Energy stock opened at $86.54 on Wednesday. The company has a market capitalization of $180.47 billion, a P/E ratio of 22.02, a price-to-earnings-growth ratio of 2.52 and a beta of 0.68. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The business has a 50-day moving average of $89.91 and a two-hundred day moving average of $88.32. NextEra Energy, Inc. has a 1 year low of $67.20 and a 1 year high of $98.75.

NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share 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 business had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. During the same quarter in the previous year, the business posted $0.99 EPS. NextEra Energy’s revenue for the quarter was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, equities analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were given a dividend of $0.6232 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. 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.