Gibbs Wealth Management Takes $610,000 Position in NextEra Energy, Inc. $NEE

Gibbs Wealth Management acquired a new position in NextEra Energy, Inc. (NYSE:NEEFree Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 6,569 shares of the utilities provider’s stock, valued at approximately $610,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in NEE. Laurel Wealth Advisors LLC bought a new stake in NextEra Energy during the fourth quarter worth approximately $25,000. Anfield Capital Management LLC increased its holdings in shares of NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after buying an additional 270 shares in the last quarter. Wealth Watch Advisors INC lifted its position in shares of NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 226 shares during the last quarter. Osbon Capital Management LLC acquired a new stake in shares of NextEra Energy during the 4th quarter valued at $27,000. Finally, Strive Asset Management LLC bought a new stake in shares of NextEra Energy during the 3rd quarter worth $29,000. 78.72% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

NEE has been the subject of several analyst reports. Scotiabank upped their target price on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a report on Friday, April 24th. Morgan Stanley reaffirmed an “overweight” rating and set a $116.00 price objective on shares of NextEra Energy in a research note on Wednesday. Wells Fargo & Company set a $102.00 target price on shares of NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, April 24th. Evercore restated an “outperform” rating and set a $107.00 price target on shares of NextEra Energy in a report on Monday, May 4th. Finally, JPMorgan Chase & Co. raised their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Two investment 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $99.23.

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Key Headlines Impacting NextEra Energy

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NextEra Energy Stock Performance

Shares of NEE opened at $89.72 on Friday. The company has a market capitalization of $187.10 billion, a PE ratio of 20.16, a PEG ratio of 2.45 and a beta of 0.67. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. The company’s 50 day moving average price is $87.38 and its 200 day moving average price is $89.48. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75.

NextEra Energy (NYSE:NEEGet Free Report) last posted its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating the consensus estimate of $1.03 by $0.12. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The business had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $7.27 billion. During the same period in the previous year, the company posted $1.05 EPS. NextEra Energy’s revenue was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Research analysts expect that NextEra Energy, Inc. will post 4 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were paid a $0.6232 dividend. The ex-dividend date was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a yield of 2.8%. NextEra Energy’s payout ratio is 55.96%.

NextEra Energy Company Profile

(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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