Sanders Morris Harris LLC Trims Position in NextEra Energy, Inc. $NEE

Sanders Morris Harris LLC reduced its position in NextEra Energy, Inc. (NYSE:NEE) by 97.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 3,570 shares of the utilities provider’s stock after selling 140,140 shares during the period. Sanders Morris Harris LLC’s holdings in NextEra Energy were worth $313,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Indivisible Partners acquired a new position in NextEra Energy in the fourth quarter worth about $1,355,000. Carnegie Investment Counsel raised its stake in NextEra Energy by 9.4% during the fourth quarter. Carnegie Investment Counsel now owns 458,141 shares of the utilities provider’s stock valued at $36,780,000 after buying an additional 39,250 shares in the last quarter. Swedbank AB raised its stake in NextEra Energy by 13.4% during the fourth quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock valued at $81,615,000 after buying an additional 120,389 shares in the last quarter. Fisher Funds Management LTD lifted its holdings in NextEra Energy by 3.5% during the 4th quarter. Fisher Funds Management LTD now owns 619,640 shares of the utilities provider’s stock worth $49,884,000 after buying an additional 20,709 shares during the last quarter. Finally, MGO One Seven LLC grew its position in shares of NextEra Energy by 12.1% in the 4th quarter. MGO One Seven LLC now owns 137,251 shares of the utilities provider’s stock worth $11,018,000 after acquiring an additional 14,828 shares in the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on NEE shares. DA Davidson raised their price objective on NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Evercore reaffirmed an “outperform” rating and issued a $107.00 price target on shares of NextEra Energy in a report on Monday, May 4th. BTIG Research reissued a “buy” rating and issued a $112.00 target price on shares of NextEra Energy in a report on Friday, April 24th. BMO Capital Markets upped their target price on NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Finally, Wells Fargo & Company set a $102.00 price target on NextEra Energy and gave the stock an “overweight” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, NextEra Energy currently has an average rating of “Moderate Buy” and a consensus target price of $99.36.

NextEra Energy Stock Performance

Shares of NEE opened at $86.01 on Thursday. The firm has a market capitalization of $179.41 billion, a PE ratio of 19.33, a P/E/G ratio of 2.39 and a beta of 0.67. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. The firm has a 50-day moving average price of $87.22 and a 200 day moving average price of $89.93. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. The business had revenue of $7.53 billion for the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The business’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter last year, the business earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, sell-side analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be paid a $0.6232 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. NextEra Energy’s payout ratio is currently 55.96%.

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.