20,180 Shares in NextEra Energy, Inc. $NEE Purchased by Kelly Lawrence W & Associates Inc. CA

Kelly Lawrence W & Associates Inc. CA bought a new position in shares of NextEra Energy, Inc. (NYSE:NEE) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 20,180 shares of the utilities provider’s stock, valued at approximately $1,771,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Van Hulzen Asset Management LLC purchased a new stake in shares of NextEra Energy in the 2nd quarter valued at approximately $411,000. Peak Asset Management LLC purchased a new stake in shares of NextEra Energy during the 2nd quarter valued at approximately $377,000. Fiduciary Financial Advisors purchased a new stake in shares of NextEra Energy during the 2nd quarter valued at approximately $226,000. Manning & Napier Advisors LLC acquired a new position in NextEra Energy in the second quarter valued at approximately $26,000. Finally, Brandywine Trust Co. acquired a new position in NextEra Energy in the second quarter valued at approximately $702,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have issued reports on NEE. HC Wainwright reissued a “buy” rating on shares of NextEra Energy in a research note on Monday, July 27th. Weiss Ratings lowered NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Jefferies Financial Group set a $94.00 price target on NextEra Energy in a report on Tuesday, July 14th. Sanford C. Bernstein reissued an “outperform” rating and set a $108.00 price objective on shares of NextEra Energy in a research report on Monday, July 27th. Finally, DA Davidson boosted their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Seventeen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $100.33.

NextEra Energy Trading Up 0.8%

Shares of NYSE NEE opened at $82.46 on Tuesday. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of $172.00 billion, a PE ratio of 18.53, a PEG ratio of 2.24 and a beta of 0.67. NextEra Energy, Inc. has a twelve month low of $69.24 and a twelve month high of $98.75. The stock has a fifty day simple moving average of $86.88 and a 200-day simple moving average of $89.64.

NextEra Energy (NYSE:NEE) last announced its 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 for the quarter was up 12.4% on a year-over-year basis. During the same period last 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 forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be paid a $0.6232 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. NextEra Energy’s dividend payout ratio (DPR) is presently 55.96%.

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.