Vest Financial LLC decreased its holdings in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 10.9% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 654,669 shares of the utilities provider’s stock after selling 79,707 shares during the quarter. Vest Financial LLC’s holdings in NextEra Energy were worth $57,460,000 at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in the stock. Laurel Wealth Advisors LLC bought a new stake in NextEra Energy in the fourth quarter valued at about $25,000. Anfield Capital Management LLC increased its stake in shares of NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 270 shares during the last quarter. Wealth Watch Advisors INC increased 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 acquiring an additional 226 shares during the last quarter. Osbon Capital Management LLC acquired a new stake in shares of NextEra Energy in the 4th quarter valued at approximately $27,000. Finally, Strive Asset Management LLC bought a new position in NextEra Energy during the 3rd quarter worth approximately $29,000. Institutional investors and hedge funds own 78.72% of the company’s stock.
Analyst Ratings Changes
A number of research analysts recently issued reports on NEE shares. Morgan Stanley restated an “overweight” rating and set a $116.00 price objective on shares of NextEra Energy in a report on Wednesday, July 22nd. BMO Capital Markets raised their price objective on NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. HSBC lifted their target price on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. TD Cowen lifted their price objective on NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a report on Monday, April 27th. Finally, Barclays set a $91.00 price objective on NextEra Energy and gave the company an “equal weight” rating in a report on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, NextEra Energy has an average rating of “Moderate Buy” and an average price target of $99.36.
NextEra Energy Stock Performance
Shares of NEE stock opened at $86.18 on Monday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. The company has a fifty day moving average price of $87.17 and a two-hundred day moving average price of $89.98. The stock has a market cap of $179.75 billion, a P/E ratio of 19.37, a P/E/G ratio of 2.36 and a beta of 0.67. NextEra Energy, Inc. has a one year low of $69.24 and a one year high of $98.75.
NextEra Energy (NYSE:NEE – Get Free Report) last issued its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The business had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. During the same period last year, the business posted $1.05 EPS. NextEra Energy’s revenue was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current year.
NextEra Energy Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be given a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy’s payout ratio is 55.96%.
NextEra Energy Company Profile
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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