Great Lakes Advisors LLC cut its holdings in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 5.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 744,956 shares of the utilities provider’s stock after selling 41,423 shares during the period. Great Lakes Advisors LLC’s holdings in NextEra Energy were worth $59,805,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently bought and sold shares of NEE. Laurel Wealth Advisors LLC bought a new position in NextEra Energy in the 4th quarter worth approximately $25,000. Anfield Capital Management LLC boosted its holdings in NextEra Energy by 692.3% in the 4th 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 during the period. Strive Asset Management LLC bought a new position in NextEra Energy in the 3rd quarter valued at $29,000. Quest 10 Wealth Builders Inc. boosted its holdings in NextEra Energy by 135.4% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock valued at $30,000 after purchasing an additional 218 shares during the period. Finally, Joseph Group Capital Management bought a new position in NextEra Energy in the 4th quarter valued at $32,000. 78.72% of the stock is owned by institutional investors.
NextEra Energy Stock Performance
NYSE NEE opened at $84.89 on Friday. NextEra Energy, Inc. has a 52-week low of $67.20 and a 52-week 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 company has a market capitalization of $177.01 billion, a P/E ratio of 21.60, a P/E/G ratio of 2.50 and a beta of 0.68. The company has a fifty day moving average of $91.09 and a 200-day moving average of $88.26.
NextEra Energy Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders 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 dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, June 5th. NextEra Energy’s payout ratio is currently 63.36%.
More NextEra Energy News
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: Analysts at Erste Group Bank raised their FY2026 earnings estimate for NextEra Energy to $4.03 per share from $4.02 and kept a Buy rating, reinforcing the view that earnings expectations are moving slightly higher.
- Positive Sentiment: NextEra Energy Transmission energized a 137-mile transmission line in New Mexico, a project expected to improve grid reliability and lower residential electric bills, highlighting ongoing infrastructure growth in the regulated utility business. Article: Critical New Power Line Boosts New Mexico’s Grid Reliability, Economic Growth and Access to Affordable Energy
- Positive Sentiment: Multiple articles suggested NextEra could benefit if the market sees its potential Dominion Energy deal as part of a broader utility consolidation trend, which could support the stock on merger optimism. Article: Prediction: NextEra Energy’s $67 Billion Dominion Acquisition Could Spur More Utility Deals. This Tie-Up Could Be Next.
- Neutral Sentiment: Several market commentary pieces put NEE back in the spotlight, with one bullish thesis and another noting the stock is a trending name, but these were mostly sentiment-driven rather than new company-specific developments. Article: Is NextEra Energy, Inc. (NEE) A Good Stock To Buy Now?
- Neutral Sentiment: One valuation-focused article said investors are trying to reconcile dividend appeal and earnings multiples, suggesting the stock may be seen as fairly valued rather than obviously cheap, which can limit upside enthusiasm in the near term. Article: Is NextEra Energy (NEE) Priced Right After Mixed Signals From Dividends And Earnings Multiples
Analysts Set New Price Targets
Several research analysts have commented on the stock. Evercore reissued an “outperform” rating and issued a $107.00 price target on shares of NextEra Energy in a report on Monday, May 4th. Wall Street Zen downgraded shares of NextEra Energy from a “hold” rating to a “sell” rating in a report on Saturday, March 28th. UBS Group raised their price target 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. Morgan Stanley set a $111.00 price target on shares of NextEra Energy in a report on Thursday, May 21st. Finally, BMO Capital Markets cut their price target on shares of NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $99.20.
Read Our Latest Stock Analysis on NEE
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.
Featured Stories
- Five stocks we like better than NextEra Energy
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Want to see what other hedge funds are holding NEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NextEra Energy, Inc. (NYSE:NEE – Free Report).
Receive News & Ratings for NextEra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextEra Energy and related companies with MarketBeat.com's FREE daily email newsletter.
