Janney Montgomery Scott LLC Purchases 418,948 Shares of NextEra Energy, Inc. $NEE

Janney Montgomery Scott LLC raised its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 26.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,002,772 shares of the utilities provider’s stock after purchasing an additional 418,948 shares during the period. Janney Montgomery Scott LLC owned approximately 0.10% of NextEra Energy worth $186,018,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in NEE. Anfield Capital Management LLC increased its position 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 valued at $25,000 after purchasing an additional 270 shares during the last quarter. Laurel Wealth Advisors LLC purchased a new stake in NextEra Energy in the fourth quarter worth approximately $25,000. Wealth Watch Advisors INC boosted its stake in NextEra Energy by 223.8% in 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 purchased a new stake in NextEra Energy in the fourth quarter worth approximately $27,000. Finally, Quest 10 Wealth Builders Inc. grew its position in NextEra Energy by 135.4% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock valued at $30,000 after acquiring an additional 218 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Wall Street Zen raised shares of NextEra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Evercore reaffirmed an “outperform” rating and set a $107.00 target price on shares of NextEra Energy in a report on Monday, May 4th. Erste Group Bank cut shares of NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday. Barclays set a $90.00 price target on shares of NextEra Energy and gave the stock an “equal weight” rating in a research note on Tuesday, May 26th. Finally, Weiss Ratings lowered shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.86.

NextEra Energy Stock Performance

Shares of NEE stock opened at $88.29 on Friday. The company has a market capitalization of $184.11 billion, a P/E ratio of 22.47, a PEG ratio of 2.60 and a beta of 0.68. NextEra Energy, Inc. has a fifty-two week low of $67.20 and a fifty-two week high of $98.75. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. The stock has a 50 day moving average price of $89.69 and a two-hundred day moving average price of $88.38.

NextEra Energy (NYSE:NEE) last issued its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.06. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The firm had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. During the same quarter last year, the business earned $0.99 earnings per share. The business’s revenue was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were issued a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is 63.36%.

NextEra Energy Company 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.