Hibernia Wealth Partners LLC Takes $491,000 Position in NextEra Energy, Inc. $NEE

Hibernia Wealth Partners LLC acquired a new stake in NextEra Energy, Inc. (NYSE:NEEFree Report) during the 4th quarter, Holdings Channel.com reports. The fund acquired 6,121 shares of the utilities provider’s stock, valued at approximately $491,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC purchased a new stake in NextEra Energy during the fourth quarter worth $25,000. Anfield Capital Management LLC boosted its holdings in NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after buying an additional 270 shares in the last quarter. Strive Asset Management LLC purchased a new stake in NextEra Energy during the third quarter worth $29,000. Quest 10 Wealth Builders Inc. boosted its holdings in NextEra Energy by 135.4% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock worth $30,000 after buying an additional 218 shares in the last quarter. Finally, Joseph Group Capital Management purchased a new stake in NextEra Energy during the fourth quarter worth $32,000. 78.72% of the stock is owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

A number of analysts recently issued reports on NEE shares. Weiss Ratings raised shares of NextEra Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, May 26th. DA Davidson upped their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. TD Cowen upped their price objective on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. UBS Group upped their price objective on shares of NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Finally, Barclays set a $90.00 price objective on shares of NextEra Energy and gave the stock an “equal weight” rating in a research report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $99.20.

View Our Latest Stock Analysis on NEE

NextEra Energy Price Performance

Shares of NYSE NEE opened at $84.89 on Friday. The firm has a 50-day simple moving average of $91.09 and a 200-day simple moving average of $88.26. The stock has a market capitalization of $177.01 billion, a price-to-earnings ratio of 21.60, a price-to-earnings-growth ratio of 2.50 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. NextEra Energy, Inc. has a 52 week low of $67.20 and a 52 week high of $98.75.

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

NextEra Energy Dividend Announcement

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

NextEra Energy Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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