Integrated Advisors Network LLC Boosts Stake in NextEra Energy, Inc. $NEE

Integrated Advisors Network LLC boosted its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 72.7% in the first quarter, Holdings Channel.com reports. The institutional investor owned 58,680 shares of the utilities provider’s stock after acquiring an additional 24,699 shares during the period. Integrated Advisors Network LLC’s holdings in NextEra Energy were worth $5,450,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in NEE. Shelton Wealth Management LLC purchased a new position in shares of NextEra Energy in the first quarter valued at $938,000. Interactive Financial Advisors Inc. increased its position in NextEra Energy by 5.7% in the first quarter. Interactive Financial Advisors Inc. now owns 2,834 shares of the utilities provider’s stock worth $263,000 after purchasing an additional 153 shares during the last quarter. Kiley Juergens Wealth Management LLC purchased a new stake in NextEra Energy during the first quarter valued at $847,000. Canvas Wealth Advisors LLC raised its stake in NextEra Energy by 3.9% during the first quarter. Canvas Wealth Advisors LLC now owns 4,661 shares of the utilities provider’s stock valued at $433,000 after purchasing an additional 174 shares in the last quarter. Finally, Beacon Bank & Trust raised its stake in NextEra Energy by 8.9% during the first quarter. Beacon Bank & Trust now owns 49,024 shares of the utilities provider’s stock valued at $4,553,000 after purchasing an additional 4,004 shares in the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on NEE shares. Erste Group Bank cut shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. HSBC upped their target price on shares of NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Barclays set a $91.00 price target on shares of NextEra Energy in a report on Tuesday. Wells Fargo & Company set a $102.00 price target on NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, April 24th. Finally, Sanford C. Bernstein set a $107.00 price objective on NextEra Energy and gave the stock an “outperform” rating in a research note on Tuesday, June 16th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, NextEra Energy has an average rating of “Moderate Buy” and an average target price of $99.90.

NextEra Energy Trading Up 1.5%

NYSE NEE traded up $1.34 on Tuesday, hitting $88.78. 2,151,866 shares of the stock were exchanged, compared to its average volume of 10,476,932. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75. The firm has a market capitalization of $185.14 billion, a P/E ratio of 22.59, a P/E/G ratio of 2.59 and a beta of 0.67. The stock has a fifty day moving average price of $89.34 and a two-hundred day moving average price of $88.68.

NextEra Energy (NYSE:NEE) last announced its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.06. The business 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 business’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.99 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Research analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were given 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 is 63.36%.

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.