D.A. Davidson & CO. Trims Stock Position in NextEra Energy, Inc. $NEE

D.A. Davidson & CO. reduced its position in NextEra Energy, Inc. (NYSE:NEE) by 4.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,031,531 shares of the utilities provider’s stock after selling 43,150 shares during the period. D.A. Davidson & CO.’s holdings in NextEra Energy were worth $95,809,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of NextEra Energy by 7.0% in the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock valued at $2,028,000 after acquiring an additional 1,840 shares during the period. Revolve Wealth Partners LLC increased its holdings in shares of NextEra Energy by 6.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock valued at $348,000 after acquiring an additional 298 shares during the period. Acadian Asset Management LLC increased its holdings in shares of NextEra Energy by 38.4% in the 1st quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider’s stock valued at $887,000 after acquiring an additional 3,479 shares during the period. Sivia Capital Partners LLC raised its position in NextEra Energy by 18.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider’s stock valued at $386,000 after purchasing an additional 852 shares during the last quarter. Finally, United Bank raised its position in NextEra Energy by 2.9% in the 2nd quarter. United Bank now owns 15,596 shares of the utilities provider’s stock valued at $1,083,000 after purchasing an additional 444 shares during the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Performance

NYSE:NEE opened at $89.02 on Thursday. The firm’s fifty day simple moving average is $88.11 and its 200-day simple moving average is $89.12. 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 stock has a market cap of $185.63 billion, a PE ratio of 22.65, a price-to-earnings-growth ratio of 2.45 and a beta of 0.67. NextEra Energy, Inc. has a fifty-two week low of $69.24 and a fifty-two week high of $98.75.

NextEra Energy (NYSE:NEE) last issued its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.06. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The company had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. During the same period in the prior year, the business posted $0.99 earnings per share. The firm’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. Analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

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

Key Stories Impacting NextEra Energy

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

• Positive Sentiment: NextEra Energy and Dominion Energy filed for regulatory approval of a proposed combination that would create a larger utility platform across Virginia, North Carolina, South Carolina and other growing markets, potentially boosting scale, earnings power and infrastructure growth opportunities. Article: NextEra Energy and Dominion Energy file to combine
• Neutral Sentiment: Reports highlighted the stock’s recent relative strength, with shares outperforming the broader market in the prior session, suggesting momentum may have been supported by optimism around utility demand and the company’s growth profile. Article: NextEra Energy (NEE) Laps the Stock Market: Here’s Why
• Negative Sentiment: Broader industry commentary on rising power demand from data centers and higher electricity bills raised concerns that utilities may face collection risk and pressure from affordability issues, which could weigh on sentiment for the sector. Article: The AI-Driven Rise in Power Bills Are Causing a $25 Billion Problem for Utility Stocks

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. HSBC upped their target price on shares of NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Morgan Stanley increased their price objective on NextEra Energy from $111.00 to $117.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 24th. Erste Group Bank lowered NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. Scotiabank upped their price target on NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a research note on Friday, April 24th. Finally, Jefferies Financial Group set a $94.00 price target on NextEra Energy in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $99.64.

NextEra Energy 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.