34,939 Shares in NextEra Energy, Inc. $NEE Purchased by Family Manage LLC

Family Manage LLC purchased a new stake in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 34,939 shares of the utilities provider’s stock, valued at approximately $3,245,000.

Other large investors have also added to or reduced their stakes in the company. Anfield Capital Management LLC increased its stake in shares of NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 270 shares during the last quarter. Laurel Wealth Advisors LLC purchased a new position in NextEra Energy in the fourth quarter valued at approximately $25,000. Financial Life Planners purchased a new position in NextEra Energy in the first quarter valued at approximately $30,000. Wealth Watch Advisors INC grew its holdings in NextEra Energy by 223.8% during the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 226 shares during the period. Finally, Manning & Napier Advisors LLC grew its holdings in NextEra Energy by 104.9% during the first quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 172 shares during the period. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Key NextEra Energy News

Here are the key news stories impacting NextEra Energy this week:

Analysts Set New Price Targets

Several analysts have issued reports on the company. Morgan Stanley restated an “overweight” rating and issued a $116.00 target price on shares of NextEra Energy in a research note on Wednesday. Erste Group Bank downgraded NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. HSBC lifted their price objective on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Sanford C. Bernstein set a $107.00 price objective on NextEra Energy and gave the company an “outperform” rating in a research note on Tuesday, June 16th. Finally, Wall Street Zen raised shares of NextEra Energy from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, NextEra Energy currently has an average rating of “Moderate Buy” and an average price target of $99.23.

View Our Latest Research Report on NextEra Energy

NextEra Energy Trading Down 0.1%

Shares of NEE stock opened at $89.72 on Monday. The stock has a market capitalization of $187.10 billion, a price-to-earnings ratio of 20.16, a PEG ratio of 2.46 and a beta of 0.67. The company’s fifty day simple moving average is $87.38 and its two-hundred day simple moving average is $89.53. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44.

NextEra Energy (NYSE:NEEGet Free Report) last posted its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.12. The firm had revenue of $7.53 billion during the quarter, compared to analyst estimates of $7.27 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The business’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same period last year, the company earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, analysts anticipate that NextEra Energy, Inc. will post 4 earnings per share for the current year.

NextEra Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were paid a $0.6232 dividend. The ex-dividend date was Friday, June 5th. This represents a $2.49 annualized dividend and a yield of 2.8%. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.

About NextEra Energy

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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