TRB Wealth Management LLC Invests $585,000 in NextEra Energy, Inc. $NEE

TRB Wealth Management LLC purchased a new position in NextEra Energy, Inc. (NYSE:NEE) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 6,662 shares of the utilities provider’s stock, valued at approximately $585,000.

A number of other large investors have also added to or reduced their stakes in the stock. Laurel Wealth Advisors LLC purchased a new stake in shares of NextEra Energy in the fourth quarter worth $25,000. Anfield Capital Management LLC raised its position in shares of NextEra Energy by 692.3% in 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. Kilter Group LLC purchased a new position in shares of NextEra Energy in the 2nd quarter worth about $25,000. Wealth Watch Advisors INC boosted its stake in NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 226 shares in the last quarter. Finally, Osbon Capital Management LLC bought a new position in NextEra Energy in the 4th quarter worth about $27,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on NEE shares. DA Davidson raised their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. BMO Capital Markets upped their target price on shares of NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Bank of America cut their price target on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a report on Monday, July 13th. Barclays set a $91.00 price target on shares of NextEra Energy and gave the company an “equal weight” rating in a research report on Tuesday, July 7th. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $108.00 price objective on shares of NextEra Energy in a report on Monday, July 27th. Seventeen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, NextEra Energy currently has a consensus rating of “Moderate Buy” and an average price target of $100.33.

NextEra Energy Price Performance

Shares of NYSE:NEE opened at $81.74 on Friday. NextEra Energy, Inc. has a fifty-two week low of $69.24 and a fifty-two week high of $98.75. The business has a 50-day simple moving average of $86.95 and a two-hundred day simple moving average of $89.70. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. The firm has a market cap of $170.49 billion, a price-to-earnings ratio of 18.37, a price-to-earnings-growth ratio of 2.24 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last announced 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. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm had revenue of $7.53 billion for the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter last year, the firm posted $1.05 EPS. The business’s quarterly revenue was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

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

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.