Passumpsic Savings Bank Invests $449,000 in NextEra Energy, Inc. $NEE

Passumpsic Savings Bank purchased a new position in shares of NextEra Energy, Inc. (NYSE:NEE) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 5,588 shares of the utilities provider’s stock, valued at approximately $449,000.

Other institutional investors have also modified their holdings of the company. Laurel Wealth Advisors LLC purchased a new position in shares of NextEra Energy during the 4th quarter worth $25,000. Anfield Capital Management LLC raised its holdings in shares of 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 period. Strive Asset Management LLC purchased a new position in shares of NextEra Energy during the 3rd quarter worth $29,000. Quest 10 Wealth Builders Inc. raised its holdings in shares of NextEra Energy by 135.4% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock worth $30,000 after acquiring an additional 218 shares during the period. Finally, Joseph Group Capital Management purchased a new position in shares of NextEra Energy during the 4th quarter worth $32,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Trading Down 0.0%

NYSE NEE opened at $93.34 on Monday. The firm’s 50-day moving average is $92.94 and its two-hundred day moving average is $87.83. NextEra Energy, Inc. has a 12 month low of $63.88 and a 12 month high of $98.75. 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 stock has a market capitalization of $194.64 billion, a P/E ratio of 23.75, a PEG ratio of 2.74 and a beta of 0.73.

NextEra Energy (NYSE:NEE) last posted its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The company had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. During the same quarter in the prior year, the company posted $0.99 earnings per share. NextEra Energy’s revenue for the quarter 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. On average, sell-side analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have recently commented on NEE. DA Davidson lifted their price target on NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Wells Fargo & Company set a $102.00 price target on NextEra Energy and gave the stock an “overweight” rating in a report on Friday, April 24th. Scotiabank lifted their price target on NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. JPMorgan Chase & Co. lifted their price target on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Finally, UBS Group boosted their price objective on shares of NextEra Energy from $91.00 to $104.00 and gave the company a “buy” rating in a report on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $99.10.

NextEra Energy News Roundup

Here are the key news stories impacting NextEra Energy this week:

• Positive Sentiment: A merger with Dominion Energy could create a much larger utility platform and help NextEra Energy capitalize on rising power demand from AI data centers and other large-load customers. NextEra Energy Said to Be in Talks to Acquire Dominion, Creating a Utility Giant
• Positive Sentiment: Reports that the deal would be mostly stock-based suggest NextEra may preserve more cash flexibility than if it funded a large all-cash acquisition. NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
• Neutral Sentiment: Market commentary has also highlighted broader bullish interest in NextEra as a way to play the utility sector’s exposure to long-term power demand growth. NextEra Energy (NEE) Stock Eyes Dominion (D) Deal as AI Data Centers Drive Power Demand
• Negative Sentiment: Some reports suggest the acquisition could be enormous, raising concerns about integration risk, leverage, and regulatory scrutiny that may be pressuring shares. NextEra, Dominion in talks over tie-up to create $400 billion US utility giant, FT reports

Insider Buying and Selling at NextEra Energy

In other NextEra Energy news, EVP Terrell Kirk Crews II sold 19,672 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were 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 in the company, valued at $6,667,071.39. This represents a 21.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Nicole J. Daggs sold 4,934 shares of the business’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $93.00, for a total transaction of $458,862.00. Following the sale, the executive vice president owned 16,905 shares in the company, valued at $1,572,165. This trade represents a 22.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 31,767 shares of company stock valued at $2,881,077 over the last 90 days. 0.18% of the stock is owned by insiders.

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.