NextEra Energy, Inc. $NEE Position Reduced by J. L. Bainbridge & Co. Inc.

J. L. Bainbridge & Co. Inc. trimmed its position in NextEra Energy, Inc. (NYSE:NEE) by 7.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 111,892 shares of the utilities provider’s stock after selling 8,583 shares during the period. NextEra Energy makes up about 0.9% of J. L. Bainbridge & Co. Inc.’s portfolio, making the stock its 23rd largest holding. J. L. Bainbridge & Co. Inc.’s holdings in NextEra Energy were worth $10,393,000 at the end of the most recent reporting period.

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

NextEra Energy Stock Performance

NEE stock opened at $88.29 on Friday. The stock has a market cap of $184.11 billion, a P/E ratio of 22.47, a P/E/G ratio of 2.60 and a beta of 0.68. 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 firm has a 50 day simple moving average of $89.69 and a 200 day simple moving average of $88.38. NextEra Energy, Inc. has a 52 week low of $67.20 and a 52 week high of $98.75.

NextEra Energy (NYSE:NEE) last released its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. The company had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The company’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Research analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were issued a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is currently 63.36%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on NEE shares. JPMorgan Chase & Co. raised their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. Morgan Stanley boosted their target price on shares of NextEra Energy from $111.00 to $117.00 and gave the stock an “overweight” rating in a report on Wednesday. Weiss Ratings lowered shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Jefferies Financial Group raised their target price on shares of NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a report on Tuesday, April 21st. Finally, BTIG Research restated a “buy” rating and issued a $112.00 price target on shares of NextEra Energy in a research report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $99.86.

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.