Zinnia Wealth Advisory LLC acquired a new position in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 6,182 shares of the utilities provider’s stock, valued at approximately $496,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC acquired a new stake in shares of NextEra Energy during the 4th quarter valued at approximately $25,000. Anfield Capital Management LLC boosted its stake in shares of NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 270 shares in the last quarter. Strive Asset Management LLC acquired a new stake in shares of NextEra Energy in the 3rd quarter worth approximately $29,000. Quest 10 Wealth Builders Inc. grew its holdings 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 worth $30,000 after acquiring an additional 218 shares during the period. Finally, Joseph Group Capital Management purchased a new position in NextEra Energy in the 4th quarter valued at approximately $32,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the company. Evercore reaffirmed an “outperform” rating and set a $107.00 price objective on shares of NextEra Energy in a report on Monday, May 4th. Weiss Ratings lowered shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday. JPMorgan Chase & Co. increased their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. UBS Group raised their target price 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, TD Cowen lifted their target price on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, NextEra Energy has an average rating of “Moderate Buy” and a consensus target price of $99.20.
NextEra Energy Stock Performance
NextEra Energy stock opened at $85.92 on Monday. NextEra Energy, Inc. has a fifty-two week low of $67.20 and a fifty-two week high of $98.75. The company has a market capitalization of $179.18 billion, a price-to-earnings ratio of 21.86, a PEG ratio of 2.52 and a beta of 0.68. The stock has a fifty day moving average of $90.94 and a two-hundred day moving average of $88.27. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54.
NextEra Energy (NYSE:NEE – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.06. The business 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 business’s revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.99 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. On average, analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.
NextEra Energy Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, June 5th will be issued a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Friday, June 5th. NextEra Energy’s dividend payout ratio is 63.36%.
About NextEra Energy
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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