Royal Capital Wealth Management LLC Takes Position in NextEra Energy, Inc. $NEE

Royal Capital Wealth Management LLC acquired a new position in NextEra Energy, Inc. (NYSE:NEE) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 11,294 shares of the utilities provider’s stock, valued at approximately $991,000.

A number of other institutional investors also recently bought and sold shares of the stock. Anfield Capital Management LLC grew its holdings 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 purchasing an additional 270 shares during the period. Kilter Group LLC bought a new position in shares of NextEra Energy in the second quarter worth about $25,000. Manning & Napier Advisors LLC bought a new position in shares of NextEra Energy in the second quarter worth about $26,000. Wealth Watch Advisors INC raised its stake in shares of NextEra Energy by 223.8% in the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after buying an additional 226 shares during the period. Finally, Osbon Capital Management LLC purchased a new position in shares of NextEra Energy during the 4th quarter valued at about $27,000. 78.72% of the stock is owned by institutional investors.

NextEra Energy Price Performance

NYSE:NEE opened at $82.46 on Tuesday. The business’s 50-day moving average is $86.88 and its 200 day moving average is $89.64. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. The company has a market capitalization of $172.00 billion, a P/E ratio of 18.53, a P/E/G ratio of 2.24 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 (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, topping analysts’ consensus estimates of $1.11 by $0.04. The business had revenue of $7.53 billion for the quarter, compared to the consensus estimate of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The company’s revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, equities research analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be given a $0.6232 dividend. This represents a $2.49 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy’s payout ratio is currently 55.96%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. BMO Capital Markets boosted their price objective on NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Evercore restated an “outperform” rating and set a $107.00 target price on shares of NextEra Energy in a research note on Monday, May 4th. Wall Street Zen downgraded shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a report on Saturday, August 22nd. Sanford C. Bernstein reiterated an “outperform” rating and issued a $108.00 price target on shares of NextEra Energy in a research report on Monday, July 27th. Finally, DA Davidson increased their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Seventeen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus 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.