National Pension Service lifted its position in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,882,109 shares of the utilities provider’s stock after buying an additional 36,662 shares during the quarter. National Pension Service’s holdings in NextEra Energy were worth $391,936,000 as of its most recent filing with the SEC.
Other large investors have also made changes to their positions in the company. South Street Advisors LLC lifted its position in shares of NextEra Energy by 9.4% in the fourth quarter. South Street Advisors LLC now owns 3,063 shares of the utilities provider’s stock worth $246,000 after buying an additional 263 shares during the last quarter. Linscomb Wealth Inc. boosted its stake in shares of NextEra Energy by 1.3% during the 4th quarter. Linscomb Wealth Inc. now owns 119,292 shares of the utilities provider’s stock worth $9,577,000 after acquiring an additional 1,569 shares in the last quarter. SBI Okasan Asset Management Co.Ltd. bought a new stake in shares of NextEra Energy during the 4th quarter worth about $1,438,000. Ilmarinen Mutual Pension Insurance Co boosted its stake in shares of NextEra Energy by 8.3% during the 4th quarter. Ilmarinen Mutual Pension Insurance Co now owns 422,856 shares of the utilities provider’s stock worth $33,947,000 after acquiring an additional 32,500 shares in the last quarter. Finally, Moors & Cabot Inc. boosted its stake in shares of NextEra Energy by 2.8% during the 4th quarter. Moors & Cabot Inc. now owns 182,093 shares of the utilities provider’s stock worth $14,618,000 after acquiring an additional 4,922 shares in the last quarter. Institutional investors own 78.72% of the company’s stock.
Insider Activity
In other news, EVP Terrell Kirk Crews II sold 19,672 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $1,775,791.44. Following the completion of the sale, the executive vice president directly owned 73,857 shares of the company’s stock, valued at approximately $6,667,071.39. This represents a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Nicole J. Daggs sold 4,934 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $93.00, for a total value of $458,862.00. Following the completion of the sale, the executive vice president directly owned 16,905 shares of the company’s stock, valued at $1,572,165. This represents a 22.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 31,767 shares of company stock valued at $2,881,077. 0.18% of the stock is owned by company insiders.
NextEra Energy Price Performance
NextEra Energy (NYSE:NEE – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The business had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.43 billion. During the same quarter in the previous year, the firm earned $0.99 EPS. The firm’s revenue was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Research analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current year.
NextEra Energy Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, June 5th will be given a $0.6232 dividend. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, June 5th. NextEra Energy’s dividend payout ratio is currently 63.36%.
Analyst Ratings Changes
Several research firms have recently issued reports on NEE. JPMorgan Chase & Co. upped their price target on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. DA Davidson upped their price target on NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Morgan Stanley set a $111.00 price target on NextEra Energy in a research note on Thursday, May 21st. Evercore reiterated an “outperform” rating and set a $107.00 price target on shares of NextEra Energy in a research note on Monday, May 4th. Finally, Seaport Research Partners decreased their price target on NextEra Energy from $56.00 to $55.00 and set a “sell” rating for the company in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, NextEra Energy has an average rating of “Moderate Buy” and a consensus price target of $99.20.
Check Out 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.
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