7,051 Shares in NextEra Energy, Inc. $NEE Bought by SmartHarvest Portfolios LLC

SmartHarvest Portfolios LLC bought a new stake in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,051 shares of the utilities provider’s stock, valued at approximately $566,000.

Other hedge funds have also bought and sold shares of the company. 3Chopt Investment Partners LLC boosted its stake in NextEra Energy by 0.8% during the fourth quarter. 3Chopt Investment Partners LLC now owns 14,105 shares of the utilities provider’s stock valued at $1,132,000 after buying an additional 114 shares during the last quarter. Nemes Rush Group LLC increased its stake in NextEra Energy by 5.2% in the 4th quarter. Nemes Rush Group LLC now owns 2,354 shares of the utilities provider’s stock worth $189,000 after acquiring an additional 117 shares during the last quarter. Isthmus Partners LLC raised its holdings in shares of NextEra Energy by 1.9% during the 3rd quarter. Isthmus Partners LLC now owns 6,590 shares of the utilities provider’s stock worth $497,000 after acquiring an additional 120 shares in the last quarter. Williams Jones Wealth Management LLC. boosted its position in shares of NextEra Energy by 0.4% during the 3rd quarter. Williams Jones Wealth Management LLC. now owns 30,147 shares of the utilities provider’s stock valued at $2,276,000 after acquiring an additional 125 shares during the last quarter. Finally, Westmount Partners LLC boosted its position in shares of NextEra Energy by 1.9% during the 4th quarter. Westmount Partners LLC now owns 6,660 shares of the utilities provider’s stock valued at $535,000 after acquiring an additional 125 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on NEE. Erste Group Bank raised shares of NextEra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. Weiss Ratings upgraded shares of NextEra Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, May 26th. Barclays set a $90.00 target price on shares of NextEra Energy and gave the company an “equal weight” rating in a research report on Tuesday, May 26th. UBS Group increased their price target on shares of NextEra Energy from $91.00 to $104.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Finally, Evercore reiterated an “outperform” rating and issued a $107.00 price target on shares of NextEra Energy in a research report on Monday, May 4th. One investment 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, NextEra Energy has a consensus rating of “Moderate Buy” and a consensus target price of $99.20.

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NextEra Energy Stock Down 0.3%

NYSE NEE opened at $84.89 on Friday. 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 firm has a market capitalization of $177.01 billion, a price-to-earnings ratio of 21.60, a PEG ratio of 2.50 and a beta of 0.68. The company has a fifty day moving average of $91.09 and a two-hundred day moving average of $88.26.

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

NextEra Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, June 5th will be issued a dividend of $0.6232 per share. The ex-dividend date is Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is presently 63.36%.

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.

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

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