Brown Shipley& Co Ltd Purchases 33,393 Shares of NextEra Energy, Inc. $NEE

Brown Shipley& Co Ltd lifted its position in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) by 4,370.8% during the first quarter, Holdings Channel.com reports. The institutional investor owned 34,157 shares of the utilities provider’s stock after acquiring an additional 33,393 shares during the quarter. NextEra Energy makes up approximately 1.9% of Brown Shipley& Co Ltd’s portfolio, making the stock its 16th biggest position. Brown Shipley& Co Ltd’s holdings in NextEra Energy were worth $3,173,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in NEE. Anfield Capital Management LLC lifted its stake in NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 270 shares during the period. Laurel Wealth Advisors LLC bought a new stake in shares of NextEra Energy in the 4th quarter valued at about $25,000. Financial Life Planners purchased a new stake in shares of NextEra Energy in the 1st quarter worth approximately $30,000. Wealth Watch Advisors INC boosted its stake in shares of 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 in the last quarter. Finally, Manning & Napier Advisors LLC increased 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 buying an additional 172 shares during the period. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Price Performance

Shares of NYSE NEE opened at $89.32 on Friday. The company has a market cap of $186.27 billion, a PE ratio of 22.73, a P/E/G ratio of 2.44 and a beta of 0.67. 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 business has a 50-day simple moving average of $88.03 and a two-hundred day simple moving average of $89.18. NextEra Energy, Inc. has a fifty-two week low of $69.24 and a fifty-two week high of $98.75.

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

NextEra Energy Announces Dividend

The company 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. This represents a $2.49 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, June 5th. NextEra Energy’s dividend payout ratio is presently 63.36%.

Key Headlines Impacting NextEra Energy

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

Analysts Set New Price Targets

NEE has been the subject of a number of recent research reports. Weiss Ratings downgraded shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Sanford C. Bernstein set a $107.00 target price on NextEra Energy and gave the company an “outperform” rating in a research report on Tuesday, June 16th. Scotiabank boosted their price target on NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a research report on Friday, April 24th. BTIG Research restated a “buy” rating and set a $112.00 price objective on shares of NextEra Energy in a research note on Friday, April 24th. Finally, Wells Fargo & Company set a $102.00 price objective on NextEra Energy and gave the company an “overweight” rating in a research report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $99.64.

View Our Latest Stock Report on NextEra Energy

NextEra Energy Profile

(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.

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

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