NextEra Energy, Inc. (NYSE:NEE) Stock Holdings Raised by Sunflower Bank N.A.

Sunflower Bank N.A. raised its stake in NextEra Energy, Inc. (NYSE:NEE) by 5.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 4,526 shares of the utilities provider’s stock after purchasing an additional 227 shares during the period. Sunflower Bank N.A.’s holdings in NextEra Energy were worth $321,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of NEE. Princeton Global Asset Management LLC boosted its holdings in shares of NextEra Energy by 1.0% in the 1st quarter. Princeton Global Asset Management LLC now owns 50,874 shares of the utilities provider’s stock valued at $3,606,000 after buying an additional 495 shares during the period. AAFMAA Wealth Management & Trust LLC bought a new stake in shares of NextEra Energy during the 1st quarter valued at about $1,385,000. Pine Haven Investment Counsel Inc grew its position in shares of NextEra Energy by 4.1% during the 1st quarter. Pine Haven Investment Counsel Inc now owns 6,210 shares of the utilities provider’s stock valued at $440,000 after buying an additional 245 shares during the last quarter. Seneca House Advisors grew its position in shares of NextEra Energy by 4.5% during the 1st quarter. Seneca House Advisors now owns 65,429 shares of the utilities provider’s stock valued at $4,638,000 after buying an additional 2,800 shares during the last quarter. Finally, Stokes Capital Advisors LLC grew its position in shares of NextEra Energy by 6.6% during the 1st quarter. Stokes Capital Advisors LLC now owns 83,907 shares of the utilities provider’s stock valued at $5,948,000 after buying an additional 5,182 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. UBS Group lowered their price objective on shares of NextEra Energy from $94.00 to $84.00 and set a “buy” rating for the company in a research report on Friday, May 23rd. Wells Fargo & Company lowered their price objective on shares of NextEra Energy from $102.00 to $97.00 and set an “overweight” rating for the company in a research report on Thursday, April 24th. Morgan Stanley reaffirmed an “overweight” rating on shares of NextEra Energy in a research report on Wednesday, April 23rd. Guggenheim reaffirmed a “buy” rating and set a $89.00 price objective on shares of NextEra Energy in a research report on Thursday, March 20th. Finally, BMO Capital Markets lowered their price objective on shares of NextEra Energy from $84.00 to $77.00 and set an “outperform” rating for the company in a research report on Monday, April 14th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $83.50.

Insider Transactions at NextEra Energy

In other news, EVP Charles E. Sieving sold 23,684 shares of the company’s stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $70.00, for a total value of $1,657,880.00. Following the completion of the sale, the executive vice president now directly owns 196,817 shares of the company’s stock, valued at approximately $13,777,190. This represents a 10.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.20% of the company’s stock.

NextEra Energy Price Performance

NYSE NEE opened at $72.16 on Friday. NextEra Energy, Inc. has a 52 week low of $61.72 and a 52 week high of $86.10. The company has a current ratio of 0.47, a quick ratio of 0.38 and a debt-to-equity ratio of 1.20. The stock has a market cap of $148.55 billion, a price-to-earnings ratio of 21.41, a price-to-earnings-growth ratio of 2.45 and a beta of 0.68. The company has a 50-day moving average price of $68.45 and a two-hundred day moving average price of $70.64.

NextEra Energy (NYSE:NEE) last posted its earnings results on Wednesday, April 23rd. The utilities provider reported $0.99 EPS for the quarter, hitting the consensus estimate of $0.99. The firm had revenue of $6.25 billion during the quarter, compared to analysts’ expectations of $6.58 billion. NextEra Energy had a net margin of 28.06% and a return on equity of 11.85%. NextEra Energy’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.91 EPS. Analysts forecast that NextEra Energy, Inc. will post 3.68 EPS for the current year.

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 16th. Stockholders of record on Monday, June 2nd will be paid a $0.5665 dividend. This represents a $2.27 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date of this dividend is Monday, June 2nd. NextEra Energy’s dividend payout ratio is currently 84.64%.

NextEra Energy 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.