Robbins Farley Increases Holdings in NextEra Energy, Inc. $NEE

Robbins Farley raised its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 13.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 79,699 shares of the utilities provider’s stock after acquiring an additional 9,339 shares during the quarter. NextEra Energy makes up 2.7% of Robbins Farley’s portfolio, making the stock its 8th largest holding. Robbins Farley’s holdings in NextEra Energy were worth $6,995,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NEE. Laurel Wealth Advisors LLC bought a new stake in shares of NextEra Energy in the 4th quarter worth about $25,000. Anfield Capital Management LLC lifted its holdings in NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares during the last quarter. Wealth Watch Advisors INC boosted its position in NextEra Energy by 223.8% in the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after buying an additional 226 shares in the last quarter. Osbon Capital Management LLC acquired a new position in NextEra Energy in the fourth quarter valued at about $27,000. Finally, Strive Asset Management LLC bought a new stake in NextEra Energy during the third quarter worth about $29,000. 78.72% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on NEE. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $108.00 price objective on shares of NextEra Energy in a report on Monday, July 27th. Erste Group Bank lowered NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. BTIG Research reaffirmed a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a report on Friday, April 24th. Wall Street Zen downgraded NextEra Energy from a “hold” rating to a “sell” rating in a research report on Saturday, August 1st. Finally, Bank of America cut their price objective on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $99.36.

NextEra Energy Trading Up 0.2%

Shares of NYSE NEE opened at $86.18 on Friday. NextEra Energy, Inc. has a 1-year low of $69.24 and a 1-year high of $98.75. The company has a 50-day moving average of $87.17 and a two-hundred day moving average of $89.95. The company has a market cap of $179.75 billion, a PE ratio of 19.37, a P/E/G ratio of 2.36 and a beta of 0.67. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating the consensus estimate of $1.11 by $0.04. The business had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. NextEra Energy’s revenue was up 12.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The company 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 $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is presently 55.96%.

NextEra Energy 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.