NextEra Energy (NYSE:NEE) Shares Bought Rep. Jefferson Shreve

Representative Jefferson Shreve (R-Indiana) recently bought shares of NextEra Energy, Inc. (NYSE:NEE). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $15,001 and $50,000 in NextEra Energy stock on April 17th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Chipotle Mexican Grill (NYSE:CMG) on 4/17/2025.
• Purchased $50,001 – $100,000 in shares of Applied Materials (NASDAQ:AMAT) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Caterpillar (NYSE:CAT) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Lululemon Athletica (NASDAQ:LULU) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Western Digital (NASDAQ:WDC) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Zoetis (NYSE:ZTS) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Stryker (NYSE:SYK) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of CSX (NASDAQ:CSX) on 4/17/2025.
• Purchased $15,001 – $50,000 in shares of Ross Stores (NASDAQ:ROST) on 4/17/2025.
• Sold $15,001 – $50,000 in shares of Meta Platforms (NASDAQ:META) on 4/17/2025.

NextEra Energy Trading Up 3.0 %

NYSE:NEE opened at $70.37 on Friday. The firm has a market capitalization of $144.87 billion, a P/E ratio of 20.88, a P/E/G ratio of 2.45 and a beta of 0.69. The business has a 50 day simple moving average of $68.73 and a 200 day simple moving average of $71.64. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.47 and a quick ratio of 0.38. NextEra Energy, Inc. has a 12-month low of $61.72 and a 12-month high of $86.10.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Wednesday, April 23rd. The utilities provider reported $0.99 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.99. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. The company had revenue of $6.25 billion during the quarter, compared to the consensus estimate of $6.58 billion. During the same quarter in the previous year, the company posted $0.91 earnings per share. The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. Equities research analysts predict that NextEra Energy, Inc. will post 3.68 EPS for the current year.

NextEra Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Friday, February 28th were given a dividend of $0.5665 per share. This represents a $2.27 dividend on an annualized basis and a dividend yield of 3.22%. This is a boost from NextEra Energy’s previous quarterly dividend of $0.52. The ex-dividend date of this dividend was Friday, February 28th. NextEra Energy’s dividend payout ratio is presently 84.64%.

Wall Street Analyst Weigh In

NEE has been the subject of several analyst reports. Jefferies Financial Group reduced their price objective on NextEra Energy from $81.00 to $77.00 in a research report on Monday, January 27th. Evercore ISI reduced their price target on NextEra Energy from $84.00 to $79.00 and set an “in-line” rating for the company in a research report on Monday, January 27th. BMO Capital Markets lowered their price target on NextEra Energy from $84.00 to $77.00 and set an “outperform” rating on the stock in a report on Monday, April 14th. Guggenheim reiterated a “buy” rating and issued a $89.00 target price on shares of NextEra Energy in a research report on Thursday, March 20th. Finally, Erste Group Bank upgraded shares of NextEra Energy to a “strong-buy” rating in a research report on Wednesday, April 16th. Seven research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $83.46.

Institutional Investors Weigh In On NextEra Energy

Large investors have recently modified their holdings of the stock. Diversified Trust Co boosted its holdings in shares of NextEra Energy by 5.4% in the fourth quarter. Diversified Trust Co now owns 32,454 shares of the utilities provider’s stock worth $2,327,000 after buying an additional 1,652 shares during the period. Park National Corp OH boosted its stake in NextEra Energy by 7.9% in the 4th quarter. Park National Corp OH now owns 335,194 shares of the utilities provider’s stock worth $24,030,000 after purchasing an additional 24,615 shares during the period. Fulton Bank N.A. grew its position in NextEra Energy by 28.5% during the 4th quarter. Fulton Bank N.A. now owns 28,991 shares of the utilities provider’s stock worth $2,078,000 after purchasing an additional 6,437 shares in the last quarter. Private Client Services LLC raised its stake in NextEra Energy by 5.0% during the 4th quarter. Private Client Services LLC now owns 3,369 shares of the utilities provider’s stock valued at $242,000 after purchasing an additional 161 shares during the period. Finally, Legacy Private Trust Co. lifted its holdings in shares of NextEra Energy by 6.9% in the fourth quarter. Legacy Private Trust Co. now owns 14,755 shares of the utilities provider’s stock valued at $1,058,000 after purchasing an additional 950 shares in the last quarter. 78.72% of the stock is owned by institutional investors.

Insider Transactions at NextEra Energy

In related news, CAO James Michael May sold 2,383 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $68.09, for a total transaction of $162,258.47. Following the transaction, the chief accounting officer now directly owns 27,427 shares of the company’s stock, valued at approximately $1,867,504.43. The trade was a 7.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 0.18% of the stock is currently owned by insiders.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

NextEra Energy Company Profile

NextEra Energy, Inc, through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.