OxenFree Capital LLC purchased a new stake in NextEra Energy, Inc. (NYSE:NEE – Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,599 shares of the utilities provider’s stock, valued at approximately $1,697,000. NextEra Energy comprises 0.8% of OxenFree Capital LLC’s investment portfolio, making the stock its 19th biggest position.
A number of other hedge funds have also modified their holdings of NEE. Anfield Capital Management LLC lifted its stake in NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after buying an additional 270 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new position in NextEra Energy during the fourth quarter worth $25,000. Wealth Watch Advisors INC increased its position in NextEra Energy by 223.8% during the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after buying an additional 226 shares in the last quarter. Osbon Capital Management LLC acquired a new position in shares of NextEra Energy in the fourth quarter worth $27,000. Finally, Quest 10 Wealth Builders Inc. raised its holdings in shares of NextEra Energy by 135.4% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock worth $30,000 after acquiring an additional 218 shares during the last quarter. 78.72% of the stock is owned by hedge funds and other institutional investors.
NextEra Energy Stock Performance
NextEra Energy stock opened at $86.67 on Monday. The stock has a fifty day moving average price of $90.24 and a 200 day moving average price of $88.30. NextEra Energy, Inc. has a 52 week low of $67.20 and a 52 week high of $98.75. The firm has a market capitalization of $180.73 billion, a P/E ratio of 22.05, a PEG ratio of 2.54 and a beta of 0.68. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41.
NextEra Energy Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were given a $0.6232 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is currently 63.36%.
Trending Headlines about NextEra Energy
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: Sanford C. Bernstein upgraded NextEra Energy (NEE) to strong-buy, reinforcing bullish sentiment around the company’s utility scale, clean-energy portfolio, and earnings outlook.
- Positive Sentiment: UBS analyst William Appicelli initiated a Buy rating, citing potential synergy gains from the Dominion transaction and upside tied to rising power demand from data centers.
- Positive Sentiment: Several recent articles highlighted NEE as a beneficiary of structural electricity demand growth, especially from artificial intelligence data centers, EV adoption, and the broader need for reliable baseload power.
- Positive Sentiment: One analysis argued the stock could be undervalued based on the Dominion data-center story, suggesting investors may be underestimating future growth potential. NextEra Energy (NEE) Stock Could Be 8.5% Undervalued on Its Dominion Data Center Story
- Positive Sentiment: Coverage also emphasized NextEra’s clean-energy expansion, renewables backlog, and stable cash flow generation, which support its long-term earnings growth profile. Will NextEra Gain by Generating Power From Multiple Clean Sources?
- Neutral Sentiment: The latest Zacks note said NEE recently outperformed the market in a single session, reflecting renewed interest, but the stock has still been under pressure over the prior month and quarter. NextEra Energy (NEE) Laps the Stock Market: Here’s Why
Analysts Set New Price Targets
A number of research firms recently commented on NEE. Jefferies Financial Group increased their price objective on NextEra Energy from $92.00 to $93.00 and gave the company a “hold” rating in a research note on Tuesday, April 21st. Wall Street Zen raised shares of NextEra Energy from a “sell” rating to a “hold” rating in a research note on Saturday. Evercore restated an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a report on Monday, May 4th. Scotiabank raised their price target on shares of NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a research note on Friday, April 24th. Finally, Sanford C. Bernstein set a $107.00 price target on shares of NextEra Energy and gave the stock an “outperform” rating in a report on Tuesday, June 16th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, NextEra Energy currently has an average rating of “Moderate Buy” and a consensus price target of $99.57.
Check Out Our Latest Stock Report on NextEra Energy
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.
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