NextEra Energy, Inc. $NEE Shares Purchased by Wealthfront Advisers LLC

Wealthfront Advisers LLC boosted its holdings in NextEra Energy, Inc. (NYSE:NEEFree Report) by 16.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 240,288 shares of the utilities provider’s stock after acquiring an additional 34,430 shares during the quarter. Wealthfront Advisers LLC’s holdings in NextEra Energy were worth $22,318,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several research analysts have issued reports on the company. Weiss Ratings cut NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. BTIG Research reissued a “buy” rating and set a $112.00 price objective on shares of NextEra Energy in a research note on Friday, April 24th. Mizuho lifted their target price on NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. BMO Capital Markets cut their target price on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating on the stock in a research report on Monday, May 18th. Finally, Morgan Stanley upped their target price on NextEra Energy from $111.00 to $117.00 and gave the company an “overweight” rating in a report on Wednesday, June 24th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $99.64.

View Our Latest Analysis on NEE

NextEra Energy Stock Up 0.2%

NEE stock opened at $89.32 on Friday. 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 firm has a market capitalization of $186.27 billion, a P/E ratio of 22.73, a P/E/G ratio of 2.44 and a beta of 0.67. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75. The company’s 50 day simple moving average is $88.03 and its 200-day simple moving average is $89.18.

NextEra Energy (NYSE:NEEGet Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The firm had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. During the same quarter last year, the business posted $0.99 EPS. The company’s revenue 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 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. Stockholders of record on Friday, June 5th were given 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 (DPR) is 63.36%.

Key NextEra Energy News

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

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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Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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