FSA Advisors Inc. Has $351,000 Stock Position in NextEra Energy, Inc. $NEE

FSA Advisors Inc. lowered its position in NextEra Energy, Inc. (NYSE:NEEFree Report) by 86.5% during the 1st quarter, Holdings Channel reports. The fund owned 3,775 shares of the utilities provider’s stock after selling 24,220 shares during the period. FSA Advisors Inc.’s holdings in NextEra Energy were worth $351,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Anfield Capital Management LLC raised its position in shares of NextEra Energy by 692.3% during the fourth 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 period. Laurel Wealth Advisors LLC acquired a new stake in NextEra Energy in the 4th quarter valued at $25,000. Financial Life Planners bought a new stake in NextEra Energy during the 1st quarter valued at $30,000. Wealth Watch Advisors INC increased its stake in NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 226 shares in the last quarter. Finally, Manning & Napier Advisors LLC raised its holdings in NextEra Energy by 104.9% during the first quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock worth $31,000 after buying an additional 172 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. BTIG Research reaffirmed a “buy” rating and issued a $112.00 price objective on shares of NextEra Energy in a research note on Friday, April 24th. Bank of America decreased their target price on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research report on Monday, July 13th. JPMorgan Chase & Co. raised their price target on shares of NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. Barclays set a $91.00 price target on NextEra Energy and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Finally, Evercore reissued an “outperform” rating and set a $107.00 price objective on shares of NextEra Energy in a report on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, NextEra Energy has a consensus rating of “Moderate Buy” and a consensus price target of $99.64.

View Our Latest Report on NextEra Energy

NextEra Energy Trading Down 0.7%

NYSE:NEE opened at $88.73 on Friday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. The firm has a market cap of $185.04 billion, a price-to-earnings ratio of 22.58, a price-to-earnings-growth ratio of 2.44 and a beta of 0.67. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75. The firm has a 50-day moving average price of $87.94 and a two-hundred day moving average price of $89.18.

NextEra Energy (NYSE:NEEGet Free Report) last announced its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. During the same quarter in the previous year, the business earned $0.99 EPS. The company’s revenue 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, equities analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were issued a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is 63.36%.

NextEra Energy News Summary

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.

Further Reading

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

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