LPL Financial LLC Has $319.41 Million Stake in NextEra Energy, Inc. $NEE

LPL Financial LLC lifted its position in NextEra Energy, Inc. (NYSE:NEE) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,978,657 shares of the utilities provider’s stock after purchasing an additional 175,736 shares during the quarter. LPL Financial LLC’s holdings in NextEra Energy were worth $319,407,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of NEE. Wedbush Securities Inc. grew its position in NextEra Energy by 24.8% in the third quarter. Wedbush Securities Inc. now owns 64,158 shares of the utilities provider’s stock valued at $4,843,000 after acquiring an additional 12,738 shares during the period. Varma Mutual Pension Insurance Co grew its position in NextEra Energy by 5.0% in the third quarter. Varma Mutual Pension Insurance Co now owns 326,193 shares of the utilities provider’s stock valued at $24,624,000 after acquiring an additional 15,600 shares during the period. Indivisible Partners bought a new stake in NextEra Energy in the fourth quarter valued at $1,355,000. Oppenheimer & Co. Inc. grew its position in NextEra Energy by 43.2% in the third quarter. Oppenheimer & Co. Inc. now owns 333,278 shares of the utilities provider’s stock valued at $25,159,000 after acquiring an additional 100,467 shares during the period. Finally, First Long Island Investors LLC bought a new stake in NextEra Energy in the third quarter valued at $14,198,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Trading Down 2.1%

NYSE NEE opened at $84.05 on Tuesday. The firm has a market cap of $175.26 billion, a P/E ratio of 21.39, a P/E/G ratio of 2.52 and a beta of 0.68. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The stock’s 50-day moving average is $91.52 and its 200-day moving average is $88.24. NextEra Energy, Inc. has a one year low of $67.20 and a one year high of $98.75.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. The company had revenue of $6.70 billion for 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%.NextEra Energy’s revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.99 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Sell-side analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, June 5th will be issued a dividend of $0.6232 per share. The ex-dividend date is Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. NextEra Energy’s dividend payout ratio (DPR) is presently 63.36%.

Analyst Upgrades and Downgrades

NEE has been the topic of several research analyst reports. UBS Group increased their target price on NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Erste Group Bank upgraded NextEra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. DA Davidson increased their target price on NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Mizuho increased 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. Finally, TD Cowen increased their target price on NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $99.20.

Insider Activity

In related news, EVP Nicole J. Daggs sold 4,934 shares of the stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $93.00, for a total transaction of $458,862.00. Following the completion of the transaction, the executive vice president directly owned 16,905 shares in the company, valued at approximately $1,572,165. This trade represents a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.18% of the company’s stock.

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.