46,329 Shares in NextEra Energy, Inc. $NEE Acquired by Peterson Wealth Management

Peterson Wealth Management purchased a new stake in NextEra Energy, Inc. (NYSE:NEE) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 46,329 shares of the utilities provider’s stock, valued at approximately $3,719,000. NextEra Energy accounts for approximately 2.8% of Peterson Wealth Management’s holdings, making the stock its 12th biggest holding.

Several other large investors have also modified their holdings of NEE. Vanguard Group Inc. boosted its stake in shares of NextEra Energy by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock valued at $17,343,185,000 after purchasing an additional 2,234,176 shares in the last quarter. Legal & General Group Plc boosted its stake in shares of NextEra Energy by 2.3% during the third quarter. Legal & General Group Plc now owns 16,787,191 shares of the utilities provider’s stock valued at $1,267,265,000 after purchasing an additional 373,088 shares in the last quarter. Amundi boosted its position in NextEra Energy by 16.7% during the 3rd quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock valued at $1,012,129,000 after acquiring an additional 1,780,881 shares in the last quarter. Pictet Asset Management Holding SA boosted its position in NextEra Energy by 47.3% during the 4th quarter. Pictet Asset Management Holding SA now owns 9,254,022 shares of the utilities provider’s stock valued at $742,913,000 after acquiring an additional 2,972,924 shares in the last quarter. Finally, CIBC Private Wealth Group LLC boosted its position in NextEra Energy by 1.9% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 7,585,666 shares of the utilities provider’s stock valued at $572,642,000 after acquiring an additional 141,081 shares in the last quarter. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Down 0.1%

Shares of NYSE NEE opened at $93.01 on Monday. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. The stock has a market capitalization of $193.97 billion, a PE ratio of 23.67, a price-to-earnings-growth ratio of 2.73 and a beta of 0.73. NextEra Energy, Inc. has a 12-month low of $63.88 and a 12-month high of $98.75. The stock’s fifty day simple moving average is $92.78 and its two-hundred day simple moving average is $87.40.

NextEra Energy (NYSE:NEE) last posted 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 analysts’ expectations 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% on a year-over-year basis. During the same quarter last year, the firm earned $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, analysts expect that NextEra Energy, Inc. will post 4 EPS for the current fiscal year.

NextEra Energy Increases Dividend

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

Analysts Set New Price Targets

NEE has been the topic of several recent research reports. Scotiabank increased their target price on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. The Goldman Sachs Group increased their target price on NextEra Energy from $94.00 to $98.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Morgan Stanley set a $108.00 target price on NextEra Energy and gave the company an “overweight” rating in a research report on Friday, April 17th. Jefferies Financial Group increased their target price on NextEra Energy from $92.00 to $93.00 and gave the company a “hold” rating in a research report on Tuesday, April 21st. Finally, Mizuho increased their target price on NextEra Energy from $90.00 to $95.00 and gave the company a “neutral” rating in a research report on Wednesday, April 15th. One equities 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 company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $98.70.

Insider Transactions at NextEra Energy

In other news, EVP Nicole J. Daggs sold 4,934 shares of the firm’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $93.00, for a total value of $458,862.00. Following the completion of the sale, the executive vice president owned 16,905 shares of the company’s stock, valued at $1,572,165. This trade represents a 22.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Terrell Kirk Crews II sold 19,672 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $1,775,791.44. Following the completion of the sale, the executive vice president directly owned 73,857 shares of the company’s stock, valued at $6,667,071.39. The trade was a 21.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 31,767 shares of company stock valued at $2,881,077 in the last quarter. 0.18% of the stock is currently owned by corporate insiders.

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.