NextEra Energy, Inc. $NEE Stock Position Lowered by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR lessened its position in NextEra Energy, Inc. (NYSE:NEE) by 4.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 108,541 shares of the utilities provider’s stock after selling 5,379 shares during the period. Generali Asset Management SPA SGR’s holdings in NextEra Energy were worth $8,714,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Laurel Wealth Advisors LLC bought a new stake in shares of NextEra Energy in the 4th quarter worth $25,000. Quest 10 Wealth Builders Inc. raised its stake in shares of NextEra Energy by 135.4% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock worth $30,000 after buying an additional 218 shares in the last quarter. Strive Asset Management LLC bought a new stake in shares of NextEra Energy in the 3rd quarter worth $29,000. Joseph Group Capital Management bought a new stake in shares of NextEra Energy in the 4th quarter worth $32,000. Finally, Lodestone Wealth Management LLC bought a new stake in shares of NextEra Energy in the 4th quarter worth $33,000. Institutional investors own 78.72% of the company’s stock.

Insider Transactions at NextEra Energy

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,934 shares of the business’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $93.00, for a total value of $458,862.00. Following the transaction, the executive vice president owned 16,905 shares in the company, valued at $1,572,165. The trade was a 22.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Treasurer James Michael May sold 7,161 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $90.27, for a total value of $646,423.47. Following the completion of the transaction, the treasurer owned 26,719 shares in the company, valued at $2,411,924.13. This trade represents a 21.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 131,370 shares of company stock worth $11,779,609. 0.18% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on NEE. BMO Capital Markets restated an “outperform” rating and issued a $104.00 target price (up from $99.00) on shares of NextEra Energy in a report on Monday, April 27th. Wells Fargo & Company set a $102.00 target price on NextEra Energy and gave the stock an “overweight” rating in a report on Friday, April 24th. Mizuho lifted their target price on NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Erste Group Bank upgraded NextEra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. Finally, Barclays lifted their target price on NextEra Energy from $85.00 to $89.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 7th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $98.70.

NextEra Energy Stock Performance

Shares of NYSE NEE opened at $93.30 on Friday. The business’s 50-day moving average price is $92.78 and its two-hundred day moving average price is $87.40. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. NextEra Energy, Inc. has a one year low of $63.88 and a one year high of $98.75. The company has a market capitalization of $194.57 billion, a P/E ratio of 23.74, a price-to-earnings-growth ratio of 2.80 and a beta of 0.73.

NextEra Energy (NYSE:NEE) last issued its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. During the same quarter in the previous year, the company posted $0.99 earnings per share. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Analysts anticipate that NextEra Energy, Inc. will post 4 earnings per share for the current fiscal year.

NextEra Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were paid a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a yield of 2.7%. This is an increase from NextEra Energy’s previous quarterly dividend of $0.57. The ex-dividend date was Friday, February 27th. NextEra Energy’s dividend payout ratio is presently 63.36%.

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.