GLOBALT Investments LLC GA Grows Position in NextEra Energy, Inc. $NEE

GLOBALT Investments LLC GA increased its position in NextEra Energy, Inc. (NYSE:NEEFree Report) by 11.3% in the fourth quarter, HoldingsChannel reports. The firm owned 71,137 shares of the utilities provider’s stock after purchasing an additional 7,247 shares during the quarter. GLOBALT Investments LLC GA’s holdings in NextEra Energy were worth $5,711,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Laurel Wealth Advisors LLC purchased a new position in shares of NextEra Energy in the 4th quarter valued at approximately $25,000. Anfield Capital Management LLC lifted its stake 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 valued at $25,000 after purchasing an additional 270 shares during the period. Strive Asset Management LLC purchased a new position in shares of NextEra Energy in the 3rd quarter valued at approximately $29,000. Quest 10 Wealth Builders Inc. lifted its stake in shares of NextEra Energy by 135.4% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock valued at $30,000 after purchasing an additional 218 shares during the period. Finally, Joseph Group Capital Management purchased a new position in shares of NextEra Energy in the 4th quarter valued at approximately $32,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Analysts Set New Price Targets

NEE has been the subject of a number of analyst reports. Barclays raised their price objective on NextEra Energy from $85.00 to $89.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 7th. JPMorgan Chase & Co. lifted their target price on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Evercore reissued an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a report on Monday, May 4th. Scotiabank lifted their target price on NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Finally, UBS Group lifted their target price on NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $99.10.

Read Our Latest Report on NEE

Insider Transactions at NextEra Energy

In other news, Treasurer James Michael May sold 7,161 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $646,423.47. Following the transaction, the treasurer directly owned 26,719 shares in the company, valued at $2,411,924.13. This trade represents a 21.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Terrell Kirk Crews II sold 19,672 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $1,775,791.44. Following the completion of the transaction, the executive vice president owned 73,857 shares in the company, valued at approximately $6,667,071.39. This trade represents a 21.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 31,767 shares of company stock worth $2,881,077 in the last ninety days. Insiders own 0.18% of the company’s stock.

NextEra Energy Stock Performance

NEE stock opened at $93.34 on Monday. The company has a market cap of $194.64 billion, a P/E ratio of 23.75, a price-to-earnings-growth ratio of 2.74 and a beta of 0.73. NextEra Energy, Inc. has a 1 year low of $63.88 and a 1 year high of $98.75. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The stock’s fifty day moving average price is $92.94 and its 200-day moving average price is $87.83.

NextEra Energy (NYSE:NEEGet Free Report) last released its quarterly 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 firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The company’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the business posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. On average, equities analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

Key NextEra Energy News

Here are the key news stories impacting NextEra Energy this week:

About NextEra Energy

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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