LM Advisors LLC Trims Stock Holdings in NextEra Energy, Inc. $NEE

LM Advisors LLC decreased its stake in NextEra Energy, Inc. (NYSE:NEE) by 92.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,257 shares of the utilities provider’s stock after selling 14,371 shares during the quarter. LM Advisors LLC’s holdings in NextEra Energy were worth $101,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. increased its position in NextEra Energy by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock worth $17,343,185,000 after buying an additional 2,234,176 shares in the last quarter. Geode Capital Management LLC increased its position in NextEra Energy by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock worth $3,781,790,000 after buying an additional 966,152 shares in the last quarter. Norges Bank purchased a new stake in NextEra Energy in the fourth quarter worth about $2,816,327,000. Deutsche Bank AG increased its position in NextEra Energy by 2.9% in the fourth quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock worth $1,387,347,000 after buying an additional 485,854 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in NextEra Energy by 1.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 17,220,630 shares of the utilities provider’s stock worth $1,382,473,000 after buying an additional 253,273 shares in the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on NEE. Weiss Ratings cut NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday. Erste Group Bank upgraded NextEra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 18th. Morgan Stanley set a $111.00 price target on NextEra Energy in a research report on Thursday, May 21st. Mizuho upped their price target on NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Finally, BMO Capital Markets reduced their price target on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a research report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $99.20.

NextEra Energy Stock Performance

NYSE NEE opened at $85.92 on Friday. The firm has a market cap of $179.18 billion, a price-to-earnings ratio of 21.86, a price-to-earnings-growth ratio of 2.52 and a beta of 0.68. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. The business has a 50-day moving average price of $90.94 and a 200-day moving average price of $88.24. NextEra Energy, Inc. has a twelve month low of $67.20 and a twelve month high of $98.75.

NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. The firm had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.99 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, equities research analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, June 5th will be paid a $0.6232 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. NextEra Energy’s dividend payout ratio is 63.36%.

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.