Northeast Investment Management decreased its holdings in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 1.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 372,243 shares of the utilities provider’s stock after selling 6,274 shares during the quarter. NextEra Energy comprises about 1.4% of Northeast Investment Management’s investment portfolio, making the stock its 23rd largest position. Northeast Investment Management’s holdings in NextEra Energy were worth $34,574,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of the business. Indivisible Partners purchased a new position in shares of NextEra Energy during the fourth quarter valued at approximately $1,355,000. First Long Island Investors LLC bought a new position in shares of NextEra Energy during the third quarter valued at approximately $14,198,000. SevenBridge Financial Group LLC raised its holdings in shares of NextEra Energy by 39.7% in the third quarter. SevenBridge Financial Group LLC now owns 49,603 shares of the utilities provider’s stock worth $3,745,000 after buying an additional 14,089 shares during the period. Carnegie Investment Counsel raised its holdings in shares of NextEra Energy by 9.4% in the fourth quarter. Carnegie Investment Counsel now owns 458,141 shares of the utilities provider’s stock worth $36,780,000 after buying an additional 39,250 shares during the period. Finally, Swedbank AB lifted its stake in shares of NextEra Energy by 13.4% during the 4th quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock worth $81,615,000 after acquiring an additional 120,389 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.
NextEra Energy Stock Up 0.1%
Shares of NYSE NEE opened at $87.68 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 capitalization of $182.83 billion, a price-to-earnings ratio of 22.31, a PEG ratio of 2.57 and a beta of 0.68. The stock has a 50 day moving average price of $89.74 and a 200 day moving average price of $88.38. NextEra Energy, Inc. has a 52-week low of $67.20 and a 52-week high of $98.75.
NextEra Energy Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were paid a dividend of $0.6232 per share. The ex-dividend date was Friday, June 5th. This represents a $2.49 annualized dividend and a dividend yield of 2.8%. NextEra Energy’s dividend payout ratio (DPR) is currently 63.36%.
Trending Headlines about 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
Analyst Ratings Changes
A number of research firms recently issued reports on NEE. Morgan Stanley boosted their price objective on NextEra Energy from $111.00 to $117.00 and gave the company an “overweight” rating in a report on Wednesday. Erste Group Bank downgraded NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday. DA Davidson boosted their target price on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. TD Cowen boosted their target price on shares of NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Finally, Scotiabank upped their price target on shares of NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.86.
Read Our Latest Analysis 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.
Read More
- Five stocks we like better than NextEra Energy
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Receive News & Ratings for NextEra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextEra Energy and related companies with MarketBeat.com's FREE daily email newsletter.
