NextEra Energy, Inc. $NEE Shares Sold by Nicholas Wealth LLC.

Nicholas Wealth LLC. lessened its stake in NextEra Energy, Inc. (NYSE:NEE) by 36.6% during the fourth quarter, Holdings Channel reports. The firm owned 17,730 shares of the utilities provider’s stock after selling 10,237 shares during the period. NextEra Energy makes up about 1.0% of Nicholas Wealth LLC.’s holdings, making the stock its 22nd biggest holding. Nicholas Wealth LLC.’s holdings in NextEra Energy were worth $1,423,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in NEE. Norges Bank acquired a new position in shares of NextEra Energy in the 4th quarter valued at $2,816,327,000. Pictet Asset Management Holding SA boosted its holdings in shares of NextEra Energy by 47.3% in the 4th quarter. Pictet Asset Management Holding SA now owns 9,254,022 shares of the utilities provider’s stock valued at $742,913,000 after purchasing an additional 2,972,924 shares during the last quarter. Danica Pension Livsforsikringsaktieselskab acquired a new position in shares of NextEra Energy in the 3rd quarter valued at $177,198,000. Vanguard Group Inc. boosted its holdings in shares of NextEra Energy by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock valued at $17,343,185,000 after purchasing an additional 2,234,176 shares during the last quarter. Finally, Amundi boosted its holdings in shares of NextEra Energy by 16.7% in the 3rd quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock valued at $1,012,129,000 after purchasing an additional 1,780,881 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Trading Up 0.2%

Shares of NYSE:NEE opened at $86.25 on Wednesday. The company has a 50 day moving average of $90.66 and a 200-day moving average of $88.28. The firm has a market cap of $179.86 billion, a P/E ratio of 21.95, a P/E/G ratio of 2.53 and a beta of 0.68. NextEra Energy, Inc. has a twelve month low of $67.20 and a twelve month high of $98.75. 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 issued its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. The company had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were paid a dividend of $0.6232 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 annualized dividend and a yield of 2.9%. NextEra Energy’s dividend payout ratio is currently 63.36%.

Wall Street Analysts Forecast Growth

NEE has been the topic of several recent research reports. Wells Fargo & Company set a $102.00 target price on shares of NextEra Energy and gave the company an “overweight” rating in a report on Friday, April 24th. Evercore reaffirmed an “outperform” rating and set a $107.00 price target on shares of NextEra Energy in a research note on Monday, May 4th. Jefferies Financial Group boosted their target price on shares of NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a research report on Tuesday, April 21st. Mizuho lifted their price target on shares of NextEra Energy from $90.00 to $95.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Finally, TD Cowen boosted their price objective on shares of NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a research report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $99.57.

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.