NextEra Energy, Inc. $NEE Stock Position Lessened by Midwest Trust Co

Midwest Trust Co trimmed its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 3.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 275,953 shares of the utilities provider’s stock after selling 8,559 shares during the period. Midwest Trust Co’s holdings in NextEra Energy were worth $25,631,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of NEE. Indivisible Partners acquired a new position in shares of NextEra Energy during the fourth quarter valued at approximately $1,355,000. Carnegie Investment Counsel lifted its position in NextEra Energy by 9.4% in the fourth quarter. Carnegie Investment Counsel now owns 458,141 shares of the utilities provider’s stock worth $36,780,000 after purchasing an additional 39,250 shares during the period. Swedbank AB lifted its position in NextEra Energy by 13.4% in the fourth quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock worth $81,615,000 after purchasing an additional 120,389 shares during the period. Fisher Funds Management LTD boosted its stake in NextEra Energy by 3.5% during the 4th quarter. Fisher Funds Management LTD now owns 619,640 shares of the utilities provider’s stock valued at $49,884,000 after purchasing an additional 20,709 shares in the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in NextEra Energy during the 3rd quarter valued at $21,446,000. 78.72% of the stock is currently owned by institutional investors.

NextEra Energy Price Performance

NextEra Energy stock traded up $0.79 during mid-day trading on Friday, hitting $87.89. The company’s stock had a trading volume of 11,222,744 shares, compared to its average volume of 11,218,148. 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 stock has a market capitalization of $183.27 billion, a P/E ratio of 22.36, a P/E/G ratio of 2.58 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’s fifty day moving average price is $88.56 and its two-hundred day moving average price is $88.87.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data 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 company had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.43 billion. During the same quarter in the prior year, the firm earned $0.99 EPS. The company’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. Research analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were given a dividend of $0.6232 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.8%. NextEra Energy’s payout ratio is 63.36%.

Analyst Upgrades and Downgrades

NEE has been the topic of several research analyst reports. BTIG Research reiterated a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a research report on Friday, April 24th. Wells Fargo & Company set a $102.00 price objective on NextEra Energy and gave the company an “overweight” rating in a report on Friday, April 24th. Morgan Stanley raised their target price on NextEra Energy from $111.00 to $117.00 and gave the company an “overweight” rating in a research note on Wednesday, June 24th. Erste Group Bank lowered NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. Finally, Scotiabank boosted their price target on shares of NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a research report on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, NextEra Energy currently has an average rating of “Moderate Buy” and an average target price of $99.90.

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.