Proficio Capital Partners LLC Has $1.36 Million Position in NextEra Energy, Inc. $NEE

Proficio Capital Partners LLC boosted its position in NextEra Energy, Inc. (NYSE:NEE) by 465.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,519 shares of the utilities provider’s stock after purchasing an additional 12,774 shares during the quarter. Proficio Capital Partners LLC’s holdings in NextEra Energy were worth $1,362,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NEE. Norges Bank acquired a new stake in shares of NextEra Energy during the fourth quarter worth $2,816,327,000. Legal & General Group Plc bought a new position in NextEra Energy during the second quarter worth about $1,465,987,000. GQG Partners LLC bought a new position in NextEra Energy during the second quarter worth about $651,293,000. Canada Pension Plan Investment Board acquired a new stake in NextEra Energy in the 2nd quarter worth about $389,527,000. Finally, Caisse de depot et placement du Quebec acquired a new stake in NextEra Energy in the 2nd quarter worth about $288,886,000. 78.72% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

NEE has been the topic of a number of analyst reports. Bank of America decreased their target price on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a research report on Monday, July 13th. Jefferies Financial Group set a $94.00 price target on NextEra Energy in a research note on Tuesday, July 14th. Mizuho set a $95.00 price objective on NextEra Energy in a research note on Monday, July 27th. HC Wainwright reaffirmed a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. Finally, BMO Capital Markets upped their target price on NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. Seventeen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $100.33.

NextEra Energy Price Performance

NEE stock opened at $83.96 on Friday. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. The stock has a market cap of $175.12 billion, a price-to-earnings ratio of 18.87, a P/E/G ratio of 2.57 and a beta of 0.65. The company has a 50 day simple moving average of $86.64 and a 200 day simple moving average of $89.45.

NextEra Energy (NYSE:NEE) last posted its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. The firm had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The company’s revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Research analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal 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 issued a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis 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 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.