NextEra Energy, Inc. $NEE Stock Holdings Lifted by Geode Capital Management LLC

Geode Capital Management LLC lifted its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 2.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 47,272,019 shares of the utilities provider’s stock after acquiring an additional 966,152 shares during the period. Geode Capital Management LLC’s holdings in NextEra Energy were worth $3,781,790,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Wedbush Securities Inc. boosted its stake in shares of NextEra Energy by 24.8% during the 3rd quarter. Wedbush Securities Inc. now owns 64,158 shares of the utilities provider’s stock worth $4,843,000 after acquiring an additional 12,738 shares in the last quarter. Varma Mutual Pension Insurance Co lifted its position in shares of NextEra Energy by 5.0% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 326,193 shares of the utilities provider’s stock worth $24,624,000 after purchasing an additional 15,600 shares during the last quarter. National Pension Service lifted its position in shares of NextEra Energy by 1.3% during the 3rd quarter. National Pension Service now owns 4,845,447 shares of the utilities provider’s stock worth $365,783,000 after purchasing an additional 60,324 shares during the last quarter. Indivisible Partners acquired a new position in shares of NextEra Energy during the 4th quarter worth about $1,355,000. Finally, Jones Financial Companies Lllp lifted its position in shares of NextEra Energy by 7.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 849,352 shares of the utilities provider’s stock worth $64,373,000 after purchasing an additional 57,711 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.

Insider Activity

In other news, EVP Nicole J. Daggs sold 4,934 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $93.00, for a total value of $458,862.00. Following the sale, the executive vice president directly owned 16,905 shares in the company, valued at approximately $1,572,165. This represents a 22.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Treasurer James Michael May sold 7,161 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $90.27, for a total value of $646,423.47. Following the completion of the sale, the treasurer owned 26,719 shares in the company, valued at approximately $2,411,924.13. This represents a 21.14% 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.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on NEE shares. Erste Group Bank raised NextEra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 18th. Wall Street Zen cut NextEra Energy from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. JPMorgan Chase & Co. boosted their price objective on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Mizuho boosted their price objective on NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Finally, Weiss Ratings raised NextEra Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.20.

NextEra Energy Trading Down 0.0%

NEE stock opened at $87.63 on Thursday. NextEra Energy, Inc. has a 1-year low of $66.77 and a 1-year high of $98.75. The firm has a market cap of $182.75 billion, a P/E ratio of 22.30, a P/E/G ratio of 2.57 and a beta of 0.73. The business’s 50 day moving average is $92.44 and its 200-day moving average is $88.20. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41.

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 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 company posted $0.99 EPS. The company’s 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. Equities analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal 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 2.8%. 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.