7,667 NextEra Energy, Inc. $NEE Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC cut its holdings in NextEra Energy, Inc. (NYSE:NEE) by 11.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 62,012 shares of the utilities provider’s stock after selling 7,667 shares during the period. Prime Capital Investment Advisors LLC’s holdings in NextEra Energy were worth $4,697,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Legal & General Group Plc bought a new position in NextEra Energy in the 2nd quarter worth approximately $1,465,987,000. GQG Partners LLC acquired a new position in shares of NextEra Energy during the second quarter worth approximately $651,293,000. Canada Pension Plan Investment Board bought a new stake in shares of NextEra Energy in the second quarter valued at approximately $389,527,000. Amundi boosted its position in shares of NextEra Energy by 46.5% in the second quarter. Amundi now owns 13,329,077 shares of the utilities provider’s stock valued at $1,169,839,000 after acquiring an additional 4,231,814 shares during the period. Finally, Caisse de depot et placement du Quebec bought a new stake in shares of NextEra Energy in the second quarter valued at approximately $288,886,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Trading Up 0.9%

Shares of NEE opened at $78.88 on Wednesday. NextEra Energy, Inc. has a 12-month low of $74.41 and a 12-month high of $98.75. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. The firm has a market capitalization of $164.54 billion, a price-to-earnings ratio of 17.73, a P/E/G ratio of 2.41 and a beta of 0.64. The stock’s 50-day moving average price is $80.86 and its 200 day moving average price is $86.38.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating the consensus estimate of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%. The firm had revenue of $7.53 billion during the quarter, compared to analysts’ expectations of $8.11 billion. During the same quarter in the prior year, the firm posted $1.05 EPS. The company’s revenue for the quarter was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, research analysts predict that NextEra Energy, Inc. will post 4.03 earnings per share for the current year.

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 28th were paid a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Friday, August 28th. NextEra Energy’s dividend payout ratio is presently 55.96%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on NEE. Weiss Ratings restated a “buy (b-)” rating on shares of NextEra Energy in a research note on Tuesday, September 8th. BMO Capital Markets set a $88.00 target price on shares of NextEra Energy and gave the stock an “outperform” rating in a research report on Tuesday. Mizuho cut their target price on shares of NextEra Energy from $95.00 to $80.00 and set a “neutral” rating for the company in a research note on Tuesday, October 6th. Sanford C. Bernstein reiterated an “outperform” rating and set a $108.00 target price on shares of NextEra Energy in a research note on Monday, July 27th. Finally, Seaport Research Partners reissued a “sell” rating and issued a $56.00 price target (up from $55.00) on shares of NextEra Energy in a report on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $98.05.

NextEra Energy Profile

NextEra Energy, Inc is an energy infrastructure company headquartered in Juno Beach, Florida. Through its businesses, the company generates, transmits, distributes and sells electricity, with a focus on regulated utility operations and clean energy development.

Florida Power & Light Company, NextEra Energy’s principal regulated utility, serves customers across much of Florida. FPL operates electric generation, transmission and distribution infrastructure and provides retail electricity service to residential, commercial and industrial customers.

NextEra Energy Resources develops, owns and operates renewable energy and energy storage projects, including wind and solar facilities.