Chesapeake Capital Corp IL Buys 9,259 Shares of NextEra Energy, Inc. $NEE

Chesapeake Capital Corp IL grew its stake in NextEra Energy, Inc. (NYSE:NEE) by 326.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,096 shares of the utilities provider’s stock after purchasing an additional 9,259 shares during the quarter. Chesapeake Capital Corp IL’s holdings in NextEra Energy were worth $971,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Crossmark Global Holdings Inc. lifted its holdings in shares of NextEra Energy by 15.8% in the fourth quarter. Crossmark Global Holdings Inc. now owns 124,508 shares of the utilities provider’s stock valued at $9,996,000 after purchasing an additional 16,969 shares in the last quarter. Ethic Inc. lifted its holdings in shares of NextEra Energy by 14.5% in the fourth quarter. Ethic Inc. now owns 42,363 shares of the utilities provider’s stock valued at $3,401,000 after purchasing an additional 5,351 shares in the last quarter. Orion Capital Management LLC lifted its holdings in shares of NextEra Energy by 21.5% in the fourth quarter. Orion Capital Management LLC now owns 2,074 shares of the utilities provider’s stock valued at $167,000 after purchasing an additional 367 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC lifted its holdings in shares of NextEra Energy by 4.3% in the fourth quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 18,377 shares of the utilities provider’s stock valued at $1,475,000 after purchasing an additional 762 shares in the last quarter. Finally, Anfield Capital Management LLC lifted its holdings in shares of NextEra Energy by 692.3% in 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 in the last quarter. Institutional investors own 78.72% of the company’s stock.

Insider Transactions at NextEra Energy

In other NextEra Energy news, Treasurer James Michael May sold 7,161 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $646,423.47. Following the completion of the sale, the treasurer directly owned 26,719 shares of the company’s stock, valued at $2,411,924.13. This trade represents a 21.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Terrell Kirk Crews II sold 19,672 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $1,775,791.44. Following the completion of the sale, the executive vice president directly owned 73,857 shares of the company’s stock, valued at $6,667,071.39. This represents a 21.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 131,370 shares of company stock valued at $11,779,609. Corporate insiders own 0.18% of the company’s stock.

NextEra Energy Stock Performance

NYSE:NEE opened at $93.01 on Friday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The business has a fifty day simple moving average of $92.78 and a two-hundred day simple moving average of $87.40. NextEra Energy, Inc. has a 1 year low of $63.88 and a 1 year high of $98.75. The company has a market capitalization of $193.97 billion, a P/E ratio of 23.67, a P/E/G ratio of 2.74 and a beta of 0.73.

NextEra Energy (NYSE:NEE) last released its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The business had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.43 billion. During the same period last year, the business posted $0.99 earnings per share. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. On average, analysts expect that NextEra Energy, Inc. will post 4 earnings per share for the current year.

NextEra Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were given a $0.6232 dividend. This is an increase from NextEra Energy’s previous quarterly dividend of $0.57. This represents a $2.49 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Friday, February 27th. NextEra Energy’s dividend payout ratio (DPR) is 63.36%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on NEE shares. Weiss Ratings upgraded NextEra Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, April 27th. UBS Group raised their target price on NextEra Energy from $91.00 to $104.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Jefferies Financial Group raised their target price on NextEra Energy from $92.00 to $93.00 and gave the company a “hold” rating in a report on Tuesday, April 21st. Scotiabank raised their target price on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a report on Friday, April 24th. Finally, Mizuho increased their price target on NextEra Energy from $90.00 to $95.00 and gave the company a “neutral” rating in a research report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, NextEra Energy has a consensus rating of “Moderate Buy” and an average target price of $98.70.

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.