Total Clarity Wealth Management Inc. Acquires New Stake in NextEra Energy, Inc. $NEE

Total Clarity Wealth Management Inc. bought a new position in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 6,485 shares of the utilities provider’s stock, valued at approximately $569,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of NEE. Laurel Wealth Advisors LLC acquired a new stake in NextEra Energy in the 4th quarter valued at approximately $25,000. Anfield Capital Management LLC boosted its position in NextEra Energy by 692.3% during the 4th 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 last quarter. Wealth Watch Advisors INC grew its stake in shares of NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 226 shares in the last quarter. Osbon Capital Management LLC bought a new position in shares of NextEra Energy during the 4th quarter worth approximately $27,000. Finally, Strive Asset Management LLC acquired a new stake in shares of NextEra Energy in the third quarter valued at approximately $29,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Price Performance

NextEra Energy stock opened at $86.18 on Monday. The company has a market capitalization of $179.75 billion, a price-to-earnings ratio of 19.37, a PEG ratio of 2.36 and a beta of 0.67. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. The stock’s 50 day moving average is $87.17 and its 200-day moving average is $89.98.

NextEra Energy (NYSE:NEEGet Free Report) last released its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The business had revenue of $7.53 billion for the quarter, compared to analyst estimates of $8.11 billion. During the same period last year, the firm earned $1.05 earnings per share. NextEra Energy’s revenue for the quarter was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities research analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

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

Analyst Ratings Changes

NEE has been the subject of a number of recent research reports. HSBC increased their price objective on shares of NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Wall Street Zen downgraded NextEra Energy from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. TD Cowen boosted their price target on NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. DA Davidson increased their price objective on NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $108.00 target price on shares of NextEra Energy in a research note on Monday, July 27th. One research 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. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $99.36.

Check Out Our Latest Report on NEE

About NextEra Energy

(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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