RFG Advisory LLC cut its position in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 12.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,728 shares of the utilities provider’s stock after selling 6,547 shares during the quarter. RFG Advisory LLC’s holdings in NextEra Energy were worth $4,154,000 as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. Anfield Capital Management LLC raised its stake 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 acquiring an additional 270 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new stake in shares of NextEra Energy in the 4th quarter valued at $25,000. Wealth Watch Advisors INC boosted its stake in shares of NextEra Energy by 223.8% in 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. Osbon Capital Management LLC bought a new position in shares of NextEra Energy during the 4th quarter valued at $27,000. Finally, Quest 10 Wealth Builders Inc. grew its holdings in shares of NextEra Energy by 135.4% during 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 last quarter. 78.72% of the stock is currently owned by institutional investors.
NextEra Energy Stock Performance
NextEra Energy stock opened at $87.68 on Friday. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. The firm has a market cap of $182.83 billion, a P/E ratio of 22.31, a P/E/G ratio of 2.57 and a beta of 0.68. NextEra Energy, Inc. has a 1-year low of $67.20 and a 1-year high of $98.75. The firm has a 50-day moving average of $89.74 and a 200-day moving average of $88.38.
NextEra Energy Dividend Announcement
The firm also recently announced 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 dividend yield of 2.8%. The ex-dividend date was Friday, June 5th. NextEra Energy’s dividend payout ratio is currently 63.36%.
Key Headlines Impacting NextEra Energy
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: Morgan Stanley raised its price target on NextEra Energy to $117 from $111 and reiterated an overweight rating, signaling continued upside potential and supporting bullish sentiment. Morgan Stanley price target update
- Positive Sentiment: Analysts and market commentary highlighted NextEra’s large capital plan through 2030, including investments in Florida Power & Light, renewables, and storage, which could drive steady long-term earnings growth. Strategic investments article
- Positive Sentiment: Several articles tied NextEra to rising AI electricity demand, which reinforces the company’s role as a potential beneficiary of higher power needs from data centers and related infrastructure. AI boom energy trade article
- Neutral Sentiment: Recent coverage also focused on whether the stock still offers value after its strong one-year rally, suggesting investors are weighing growth prospects against a less attractive valuation. Valuation article
- Neutral Sentiment: Erste Group Bank AG downgraded NextEra Energy from buy to hold, which could temper enthusiasm, but the move does not indicate a bearish stance. Downgrade reference
- Neutral Sentiment: Investor interest remains elevated, and recent commentary noted the stock has been active despite broader market weakness. Recent stock movement article
Wall Street Analysts Forecast Growth
NEE has been the subject of several recent research reports. Jefferies Financial Group boosted their price target on shares of NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a research note on Tuesday, April 21st. Evercore restated an “outperform” rating and set a $107.00 price target on shares of NextEra Energy in a research report on Monday, May 4th. Weiss Ratings downgraded NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Wall Street Zen raised NextEra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Finally, TD Cowen raised their target price on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, NextEra Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.86.
Read Our Latest Stock Report on NEE
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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