Financial Solutions Advisory Group Inc. bought a new position in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 6,791 shares of the utilities provider’s stock, valued at approximately $631,000.
Other institutional investors have also recently bought and sold shares of the company. Indivisible Partners acquired a new stake in NextEra Energy in the 4th quarter valued at $1,355,000. Carnegie Investment Counsel boosted its stake in shares of NextEra Energy by 9.4% during the 4th quarter. Carnegie Investment Counsel now owns 458,141 shares of the utilities provider’s stock worth $36,780,000 after buying an additional 39,250 shares during the last quarter. Swedbank AB boosted its stake in shares of NextEra Energy by 13.4% during the 4th quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock worth $81,615,000 after buying an additional 120,389 shares during the last quarter. Fisher Funds Management LTD grew its holdings in shares of NextEra Energy by 3.5% in the 4th quarter. Fisher Funds Management LTD now owns 619,640 shares of the utilities provider’s stock valued at $49,884,000 after acquiring an additional 20,709 shares in the last quarter. Finally, MGO One Seven LLC increased its position in shares of NextEra Energy by 12.1% in the fourth quarter. MGO One Seven LLC now owns 137,251 shares of the utilities provider’s stock valued at $11,018,000 after acquiring an additional 14,828 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.
Analysts Set New Price Targets
NEE has been the topic of several analyst reports. Mizuho set a $95.00 target price on NextEra Energy in a report on Monday, July 27th. Weiss Ratings downgraded NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. JPMorgan Chase & Co. upped their price objective on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Jefferies Financial Group set a $94.00 price objective on NextEra Energy in a report on Tuesday, July 14th. Finally, DA Davidson raised their target price on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have issued 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 Price Performance
NYSE:NEE opened at $87.14 on Friday. NextEra Energy, Inc. has a one year low of $69.24 and a one year high of $98.75. The company has a market cap of $181.75 billion, a P/E ratio of 19.58, a P/E/G ratio of 2.38 and a beta of 0.67. The firm’s fifty day moving average price is $87.30 and its two-hundred day moving average price is $89.77. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44.
NextEra Energy (NYSE:NEE – Get Free Report) last posted its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. The company had revenue of $7.53 billion during 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 quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.
NextEra Energy Dividend Announcement
The business 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 dividend of $0.6232 per share. The ex-dividend date is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is 55.96%.
About NextEra Energy
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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