Bard Associates Inc. Acquires 19,964 Shares of NextEra Energy, Inc. $NEE

Bard Associates Inc. increased its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 34.6% during the 4th quarter, HoldingsChannel reports. The fund owned 77,714 shares of the utilities provider’s stock after buying an additional 19,964 shares during the period. NextEra Energy accounts for approximately 1.6% of Bard Associates Inc.’s portfolio, making the stock its 15th biggest holding. Bard Associates Inc.’s holdings in NextEra Energy were worth $6,239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Indivisible Partners bought a new stake in NextEra Energy during the fourth quarter worth about $1,355,000. First Long Island Investors LLC bought a new position in shares of NextEra Energy in the third quarter worth approximately $14,198,000. SevenBridge Financial Group LLC lifted its stake 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 in the last quarter. Carnegie Investment Counsel lifted its stake 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 in the last quarter. Finally, Swedbank AB lifted its stake in shares of NextEra Energy by 13.4% in the fourth quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock worth $81,615,000 after buying an additional 120,389 shares in the last quarter. Institutional investors own 78.72% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on NEE. Evercore reiterated an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a research note on Monday, May 4th. BTIG Research reiterated a “buy” rating and issued a $112.00 target price on shares of NextEra Energy in a research note on Friday, April 24th. Weiss Ratings downgraded shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday. Wall Street Zen downgraded shares of NextEra Energy from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Finally, TD Cowen upped their target price on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $99.20.

NextEra Energy Stock Up 1.3%

Shares of NextEra Energy stock opened at $85.92 on Friday. The company has a market cap of $179.18 billion, a price-to-earnings ratio of 21.86, a price-to-earnings-growth ratio of 2.52 and a beta of 0.68. The company’s 50 day moving average is $90.94 and its 200 day moving average is $88.24. NextEra Energy, Inc. has a twelve month low of $67.20 and a twelve month high of $98.75. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.06. The company had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.99 earnings per share. 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, June 5th will be given a dividend of $0.6232 per share. The ex-dividend date is Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. NextEra Energy’s dividend payout ratio is 63.36%.

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.