Northstar Financial Companies Inc. grew its holdings in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 78.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,194 shares of the utilities provider’s stock after purchasing an additional 8,861 shares during the period. NextEra Energy comprises about 1.5% of Northstar Financial Companies Inc.’s portfolio, making the stock its 17th biggest position. Northstar Financial Companies Inc.’s holdings in NextEra Energy were worth $1,876,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in the business. Anfield Capital Management LLC boosted its stake in shares of NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares during the period. Laurel Wealth Advisors LLC purchased a new stake in NextEra Energy during the 4th quarter worth approximately $25,000. Financial Life Planners purchased a new stake in NextEra Energy during the 1st quarter worth approximately $30,000. Wealth Watch Advisors INC lifted its holdings in NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after buying an additional 226 shares in the last quarter. Finally, Manning & Napier Advisors LLC lifted its holdings in NextEra Energy by 104.9% during the 1st quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock worth $31,000 after buying an additional 172 shares in the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on the stock. BMO Capital Markets dropped their price target on shares of NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a research note on Monday, May 18th. Weiss Ratings cut NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Evercore reiterated an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a report on Monday, May 4th. TD Cowen boosted their target price on NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Finally, HSBC upped their price target on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $99.64.
NextEra Energy Stock Performance
Shares of NEE stock opened at $89.58 on Wednesday. The company has a market cap of $186.80 billion, a P/E ratio of 22.79, a PEG ratio of 2.59 and a beta of 0.67. The firm has a fifty day moving average price of $88.24 and a 200 day moving average price of $89.06. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75.
NextEra Energy (NYSE:NEE – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. The company had revenue of $6.70 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 7.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Sell-side 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 declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were issued a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Friday, June 5th. NextEra Energy’s dividend payout ratio is 63.36%.
Trending Headlines about NextEra Energy
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: Zacks highlighted NextEra Energy’s recent outperformance versus the broader market, likely reflecting investor confidence in the utility’s earnings resilience and defensive profile. NextEra Energy (NEE) Laps the Stock Market: Here’s Why
- Positive Sentiment: Analysts continue to view NextEra as positioned to benefit from surging power demand tied to AI and data centers, which could support long-term utility growth and investment in grid expansion.
- Positive Sentiment: Recent coverage also noted that NextEra has a history of beating earnings estimates, reinforcing expectations for steady execution when it reports results. Will NextEra (NEE) Beat Estimates Again in Its Next Earnings Report?
- Neutral Sentiment: Bank of America trimmed its price target on NextEra Energy to $93 from $95 while keeping a neutral rating, which signals continued caution but still implies limited upside from recent trading levels.
- Neutral Sentiment: Several articles discussed broader utility-sector themes, including renewable investment, nuclear restarts, and ETF stability, but they did not provide company-specific catalysts for NEE.
- Negative Sentiment: Rising power bills, grid strain, and unpaid utility bills tied to AI-driven electricity demand could pressure the utility sector overall, even if they also create growth opportunities for well-positioned utilities like NextEra. The AI-Driven Rise in Power Bills Are Causing a $25 Billion Problem for Utility Stocks
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.
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