Shepherd Financial Partners LLC Acquires Shares of 31,716 NextEra Energy, Inc. $NEE

Shepherd Financial Partners LLC bought a new position in shares of NextEra Energy, Inc. (NYSE:NEE) during the second quarter, Holdings Channel.com reports. The firm bought 31,716 shares of the utilities provider’s stock, valued at approximately $2,784,000.

Several other institutional investors have also recently made changes to their positions in the company. Laurel Wealth Advisors LLC purchased a new stake in NextEra Energy in the fourth quarter worth $25,000. Anfield Capital Management LLC lifted its position in NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after buying an additional 270 shares during the period. Wealth Watch Advisors INC lifted its position in 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 buying an additional 226 shares during the period. Osbon Capital Management LLC bought a new stake in shares of NextEra Energy during the 4th quarter valued at $27,000. Finally, Strive Asset Management LLC bought a new stake in shares of NextEra Energy during the 3rd quarter valued at $29,000. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Price Performance

Shares of NEE opened at $81.74 on Friday. The company has a market capitalization of $170.49 billion, a P/E ratio of 18.37, a price-to-earnings-growth ratio of 2.28 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 of $86.95 and a 200 day moving average of $89.70. NextEra Energy, Inc. has a twelve month low of $69.24 and a twelve month high of $98.75.

NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The business had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. During the same period in the prior year, the firm posted $1.05 EPS. The firm’s quarterly revenue was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities research 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. Investors of record on Friday, August 28th will be given a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. NextEra Energy’s dividend payout ratio (DPR) is 55.96%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. DA Davidson lifted their price target on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. JPMorgan Chase & Co. upped their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Erste Group Bank downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Bank of America lowered their target price on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a report on Monday, July 13th. Finally, Jefferies Financial Group set a $94.00 price target on NextEra Energy in a research report on Tuesday, July 14th. Seventeen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $100.33.

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.