Buffalo Business & Estate Services Ltd. Boosts Stock Position in NextEra Energy, Inc. $NEE

Buffalo Business & Estate Services Ltd. raised its holdings in NextEra Energy, Inc. (NYSE:NEE) by 1,638.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,983 shares of the utilities provider’s stock after purchasing an additional 43,338 shares during the quarter. Buffalo Business & Estate Services Ltd.’s holdings in NextEra Energy were worth $4,271,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in NEE. Anfield Capital Management LLC increased its stake in shares of NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 270 shares during the last quarter. Laurel Wealth Advisors LLC purchased a new stake in NextEra Energy during the 4th quarter worth about $25,000. Wealth Watch Advisors INC lifted its holdings in shares of NextEra Energy by 223.8% in the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after buying an additional 226 shares in the last quarter. Osbon Capital Management LLC bought a new position in NextEra Energy in the 4th quarter valued at $27,000. Finally, Quest 10 Wealth Builders Inc. increased its holdings in shares of NextEra Energy by 135.4% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 218 shares during the period. 78.72% of the stock is owned by hedge funds and other institutional investors.

NextEra Energy Stock Down 0.8%

NEE opened at $86.05 on Tuesday. The stock has a market cap of $179.45 billion, a PE ratio of 21.90, a P/E/G ratio of 2.54 and a beta of 0.68. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. NextEra Energy, Inc. has a 52 week low of $67.20 and a 52 week high of $98.75. The business’s fifty day simple moving average is $90.07 and its 200 day simple moving average is $88.31.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $7.43 billion. During the same quarter last year, the business posted $0.99 earnings per share. The company’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, research analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were given 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 2.9%. NextEra Energy’s payout ratio is presently 63.36%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on NEE shares. Morgan Stanley set a $111.00 price objective on NextEra Energy in a research report on Thursday, May 21st. BTIG Research reiterated a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a research report on Friday, April 24th. Wall Street Zen raised NextEra Energy from a “sell” rating to a “hold” rating in a report on Saturday. UBS Group upped their price objective on shares of NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Finally, Mizuho upped their price objective on shares of NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, NextEra Energy presently has a consensus rating of “Moderate Buy” and an average price target of $99.57.

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.