Simplicity Wealth LLC Increases Stock Holdings in NextEra Energy, Inc. $NEE

Simplicity Wealth LLC grew its stake in NextEra Energy, Inc. (NYSE:NEE) by 126.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,863 shares of the utilities provider’s stock after purchasing an additional 15,573 shares during the period. Simplicity Wealth LLC’s holdings in NextEra Energy were worth $2,446,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NEE. Laurel Wealth Advisors LLC purchased a new position in NextEra Energy during the 4th quarter worth $25,000. Anfield Capital Management LLC boosted 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 acquiring an additional 270 shares in the last quarter. Wealth Watch Advisors INC increased its stake in shares of NextEra Energy by 223.8% during 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 during the period. Osbon Capital Management LLC acquired a new position in shares of NextEra Energy during the fourth quarter worth about $27,000. Finally, Strive Asset Management LLC purchased a new position in NextEra Energy during the third quarter worth about $29,000. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

NextEra Energy Trading Up 0.1%

Shares of NEE opened at $84.27 on Thursday. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. The firm’s 50-day moving average is $87.11 and its two-hundred day moving average is $89.80. NextEra Energy, Inc. has a twelve month low of $69.24 and a twelve month high of $98.75. The firm has a market capitalization of $175.77 billion, a P/E ratio of 18.94, a PEG ratio of 2.30 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. The company had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The company’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same period last year, the firm earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, research analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be issued a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 3.0%. NextEra Energy’s payout ratio is currently 55.96%.

Analysts Set New Price Targets

A number of brokerages have weighed in on NEE. Weiss Ratings lowered NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Barclays set a $91.00 target price on NextEra Energy and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. Sanford C. Bernstein restated an “outperform” rating and issued a $108.00 price target on shares of NextEra Energy in a research note on Monday, July 27th. Erste Group Bank lowered NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. Finally, Bank of America cut their price objective on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research report on Monday, July 13th. Seventeen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, NextEra Energy currently has an average rating of “Moderate Buy” and a consensus price target of $100.33.

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.