NextEra Energy, Inc. $NEE Shares Sold by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB lowered its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 2.4% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 296,830 shares of the utilities provider’s stock after selling 7,433 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in NextEra Energy were worth $26,053,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of NEE. Anfield Capital Management LLC increased 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 worth $25,000 after buying an additional 270 shares during the period. Laurel Wealth Advisors LLC acquired a new stake in NextEra Energy during the 4th quarter valued at approximately $25,000. Financial Life Planners purchased a new stake in shares of NextEra Energy in the 1st quarter valued at $30,000. Wealth Watch Advisors INC boosted its holdings in shares of NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 226 shares during the last quarter. Finally, Manning & Napier Advisors LLC increased its stake in shares of NextEra Energy by 104.9% in the first quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 172 shares during the period. 78.72% of the stock is owned by institutional investors and hedge funds.

NextEra Energy Price Performance

NYSE:NEE opened at $86.56 on Tuesday. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of $180.56 billion, a PE ratio of 19.45, a price-to-earnings-growth ratio of 2.38 and a beta of 0.67. The stock’s 50-day moving average price is $87.26 and its 200-day moving average price is $89.86.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. The business had revenue of $7.53 billion during the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The business’s revenue was up 12.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be paid a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy’s payout ratio is 55.96%.

Analyst Ratings Changes

NEE has been the subject of a number of recent research reports. Bank of America reduced their price objective on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research note on Monday, July 13th. HSBC upped their target price on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Erste Group Bank cut NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Sanford C. Bernstein reissued an “outperform” rating and issued a $108.00 price target on shares of NextEra Energy in a report on Monday, July 27th. Finally, Jefferies Financial Group set a $94.00 price target on NextEra Energy in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $99.36.

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.