NextEra Energy, Inc. $NEE Shares Bought by Ethic Inc.

Ethic Inc. grew its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 14.5% in the fourth quarter, HoldingsChannel reports. The fund owned 42,363 shares of the utilities provider’s stock after buying an additional 5,351 shares during the quarter. Ethic Inc.’s holdings in NextEra Energy were worth $3,401,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of NEE. Brighton Jones LLC boosted its holdings in shares of NextEra Energy by 7.0% in the 4th quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock valued at $2,028,000 after purchasing an additional 1,840 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of NextEra Energy by 6.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock valued at $348,000 after purchasing an additional 298 shares during the last quarter. Acadian Asset Management LLC boosted its holdings in shares of NextEra Energy by 38.4% in the 1st quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider’s stock valued at $887,000 after purchasing an additional 3,479 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of NextEra Energy by 18.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider’s stock valued at $386,000 after purchasing an additional 852 shares during the last quarter. Finally, United Bank boosted its holdings in shares of NextEra Energy by 2.9% in the 2nd quarter. United Bank now owns 15,596 shares of the utilities provider’s stock valued at $1,083,000 after purchasing an additional 444 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on NEE shares. Mizuho upped their price target on NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Barclays upped their price target on NextEra Energy from $85.00 to $89.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 7th. Wells Fargo & Company set a $102.00 price target on NextEra Energy and gave the stock an “overweight” rating in a research note on Friday, April 24th. TD Cowen upped their price target on NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Finally, Morgan Stanley set a $108.00 price target on NextEra Energy and gave the stock an “overweight” rating in a research note on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $98.70.

NextEra Energy Trading Up 1.9%

NYSE:NEE opened at $94.89 on Tuesday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. NextEra Energy, Inc. has a one year low of $63.88 and a one year high of $98.75. The business’s 50-day simple moving average is $92.80 and its 200 day simple moving average is $87.53. The stock has a market cap of $197.87 billion, a price-to-earnings ratio of 24.14, a price-to-earnings-growth ratio of 2.73 and a beta of 0.73.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $7.43 billion. During the same quarter in the previous year, the firm posted $0.99 earnings per share. The company’s revenue was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, sell-side analysts predict that NextEra Energy, Inc. will post 4 earnings per share for the current fiscal year.

NextEra Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 27th were given a dividend of $0.6232 per share. The ex-dividend date of this dividend was Friday, February 27th. 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 dividend yield of 2.6%. NextEra Energy’s dividend payout ratio is 63.36%.

Insider Transactions at NextEra Energy

In other news, EVP Nicole J. Daggs sold 4,934 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $93.00, for a total transaction of $458,862.00. Following the completion of the sale, the executive vice president owned 16,905 shares of the company’s stock, valued at approximately $1,572,165. This trade represents a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Terrell Kirk Crews II sold 19,672 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $90.27, for a total transaction of $1,775,791.44. Following the sale, the executive vice president directly owned 73,857 shares of the company’s stock, valued at $6,667,071.39. The trade was a 21.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 31,767 shares of company stock valued at $2,881,077. 0.18% of the stock is currently owned by corporate insiders.

NextEra Energy 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.