Stoneridge Investment Partners LLC Purchases New Holdings in NextEra Energy, Inc. $NEE

Stoneridge Investment Partners LLC acquired a new position in NextEra Energy, Inc. (NYSE:NEE) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 6,707 shares of the utilities provider’s stock, valued at approximately $583,000.

Several other large investors have also recently bought and sold shares of NEE. Laurel Wealth Advisors LLC bought a new stake in shares of NextEra Energy during the fourth quarter worth $25,000. Anfield Capital Management LLC boosted its holdings in NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 270 shares during the last quarter. Wealth Watch Advisors INC boosted its holdings in NextEra Energy by 223.8% in the fourth 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. Osbon Capital Management LLC acquired a new stake in NextEra Energy in the fourth quarter worth about $27,000. Finally, Strive Asset Management LLC acquired a new stake in NextEra Energy in the third quarter worth about $29,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on NEE. Morgan Stanley set a $114.00 target price on shares of NextEra Energy and gave the company an “overweight” rating in a research report on Friday. Barclays set a $91.00 price target on shares of NextEra Energy and gave the stock an “equal weight” rating in a research report on Tuesday, July 7th. HSBC boosted their price target on shares of NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Bank of America cut their price objective on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a report on Monday, July 13th. Finally, Weiss Ratings cut shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Seventeen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $100.33.

NextEra Energy Price Performance

Shares of NEE opened at $84.24 on Wednesday. The stock has a market cap of $175.71 billion, a P/E ratio of 18.93, a price-to-earnings-growth ratio of 2.30 and a beta of 0.67. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The stock’s 50-day moving average price is $87.14 and its two-hundred day moving average price is $89.83. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results 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 company 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%.NextEra Energy’s revenue was up 12.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, equities analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The company 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 $0.6232 dividend. This represents a $2.49 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy’s dividend payout ratio is presently 55.96%.

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.