NextEra Energy, Inc. $NEE Shares Sold by ING Groep NV

ING Groep NV reduced its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 99.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,937 shares of the utilities provider’s stock after selling 388,071 shares during the quarter. ING Groep NV’s holdings in NextEra Energy were worth $236,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in NEE. Wedbush Securities Inc. boosted its position in NextEra Energy by 24.8% during the third quarter. Wedbush Securities Inc. now owns 64,158 shares of the utilities provider’s stock worth $4,843,000 after acquiring an additional 12,738 shares during the last quarter. Varma Mutual Pension Insurance Co boosted its holdings in shares of NextEra Energy by 5.0% during the third quarter. Varma Mutual Pension Insurance Co now owns 326,193 shares of the utilities provider’s stock worth $24,624,000 after purchasing an additional 15,600 shares during the last quarter. Indivisible Partners acquired a new stake in shares of NextEra Energy during the fourth quarter worth $1,355,000. First Long Island Investors LLC purchased a new stake in NextEra Energy in the 3rd quarter valued at about $14,198,000. Finally, Metis Global Partners LLC grew its holdings in NextEra Energy by 15.0% in the 3rd quarter. Metis Global Partners LLC now owns 238,101 shares of the utilities provider’s stock valued at $17,974,000 after buying an additional 31,135 shares during the period. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Trading Up 0.4%

NYSE:NEE opened at $85.15 on Thursday. The stock has a market cap of $177.56 billion, a price-to-earnings ratio of 21.67, a price-to-earnings-growth ratio of 2.49 and a beta of 0.68. NextEra Energy, Inc. has a one year low of $67.20 and a one year high of $98.75. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. The business’s 50-day simple moving average is $91.24 and its 200 day simple moving average is $88.25.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, beating 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 firm had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. During the same quarter last year, the firm earned $0.99 EPS. NextEra Energy’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. As a group, sell-side analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

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

Insider Transactions at NextEra Energy

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,934 shares of the stock in a transaction 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 sale, the executive vice president directly owned 16,905 shares of the company’s stock, valued at approximately $1,572,165. This represents a 22.59% 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. 0.18% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. TD Cowen boosted their target price on shares of NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a report on Monday, April 27th. Mizuho increased their price target on shares of NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Wall Street Zen lowered shares of NextEra Energy from a “hold” rating to a “sell” rating in a report on Saturday, March 28th. BMO Capital Markets lowered their price target on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a research report on Monday, May 18th. Finally, JPMorgan Chase & Co. upped their price target on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. One 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 stock. According to MarketBeat, NextEra Energy currently has an average rating of “Moderate Buy” and a consensus target price of $99.20.

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.