Nvest Financial LLC Acquires 14,259 Shares of NextEra Energy, Inc. $NEE

Nvest Financial LLC raised its holdings in NextEra Energy, Inc. (NYSE:NEE) by 41.1% in the fourth quarter, Holdings Channel reports. The fund owned 48,933 shares of the utilities provider’s stock after acquiring an additional 14,259 shares during the period. NextEra Energy accounts for about 1.6% of Nvest Financial LLC’s portfolio, making the stock its 19th biggest position. Nvest Financial LLC’s holdings in NextEra Energy were worth $3,928,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of NEE. Laurel Wealth Advisors LLC bought a new position in shares of NextEra Energy during the 4th quarter valued at about $25,000. Anfield Capital Management LLC increased its stake in 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 purchasing an additional 270 shares in the last quarter. Strive Asset Management LLC acquired a new stake in NextEra Energy during the 3rd quarter worth approximately $29,000. Quest 10 Wealth Builders Inc. raised its holdings in 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 buying an additional 218 shares during the period. Finally, Joseph Group Capital Management bought a new position in NextEra Energy in the fourth quarter valued at approximately $32,000. 78.72% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on NEE shares. HSBC upped their price target on shares of NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Evercore reaffirmed an “outperform” rating and issued a $107.00 price objective on shares of NextEra Energy in a research report on Monday, May 4th. Wells Fargo & Company set a $102.00 target price on shares of NextEra Energy and gave the stock an “overweight” rating in a research note on Friday, April 24th. UBS Group increased their target price on NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Finally, Erste Group Bank upgraded NextEra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, NextEra Energy has an average rating of “Moderate Buy” and a consensus price target of $99.20.

NextEra Energy Stock Performance

Shares of NEE opened at $84.80 on Thursday. The stock has a market capitalization of $176.84 billion, a price-to-earnings ratio of 21.58, a PEG ratio of 2.51 and a beta of 0.68. NextEra Energy, Inc. has a 12 month low of $67.20 and a 12 month high of $98.75. The firm has a fifty day simple moving average of $91.89 and a 200 day simple moving average of $88.23. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $7.43 billion. During the same period in the prior year, the business posted $0.99 EPS. The company’s quarterly revenue was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Research analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, June 5th will be issued a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Friday, June 5th. NextEra Energy’s payout ratio is presently 63.36%.

Insiders Place Their Bets

In other news, EVP Terrell Kirk Crews II sold 19,672 shares of NextEra Energy stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $90.27, for a total value of $1,775,791.44. Following the completion of the transaction, the executive vice president owned 73,857 shares of the company’s stock, valued at $6,667,071.39. This trade represents a 21.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Treasurer James Michael May sold 7,161 shares of the firm’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 $646,423.47. Following the completion of the sale, the treasurer 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have 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 Company 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.