NextEra Energy, Inc. $NEE Shares Sold by Northeast Investment Management

Northeast Investment Management lessened its stake in NextEra Energy, Inc. (NYSE:NEE) by 2.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 378,517 shares of the utilities provider’s stock after selling 9,250 shares during the period. NextEra Energy makes up approximately 1.2% of Northeast Investment Management’s holdings, making the stock its 27th biggest holding. Northeast Investment Management’s holdings in NextEra Energy were worth $30,387,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Argos Wealth Advisors LLC acquired a new stake in shares of NextEra Energy in the 4th quarter valued at about $362,000. Investors Asset Management of Georgia Inc. GA ADV raised its stake in shares of NextEra Energy by 5.4% in the 4th quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 5,927 shares of the utilities provider’s stock valued at $476,000 after purchasing an additional 302 shares in the last quarter. Money Concepts Capital Corp raised its stake in shares of NextEra Energy by 19.4% in the 4th quarter. Money Concepts Capital Corp now owns 20,378 shares of the utilities provider’s stock valued at $1,636,000 after purchasing an additional 3,308 shares in the last quarter. ABC Arbitrage SA acquired a new stake in shares of NextEra Energy in the 4th quarter valued at about $335,000. Finally, Raelipskie Partnership raised its stake in NextEra Energy by 2.4% during the fourth quarter. Raelipskie Partnership now owns 21,497 shares of the utilities provider’s stock worth $1,726,000 after acquiring an additional 500 shares during the period. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Price Performance

Shares of NYSE:NEE opened at $94.61 on Wednesday. The firm’s 50 day moving average is $92.82 and its two-hundred day moving average is $87.61. NextEra Energy, Inc. has a 52 week low of $63.88 and a 52 week high of $98.75. The firm has a market capitalization of $197.30 billion, a P/E ratio of 24.07, a PEG ratio of 2.78 and a beta of 0.73. 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 (NYSE:NEE) last announced its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating the consensus estimate of $1.03 by $0.06. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The company had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. During the same quarter last year, the business earned $0.99 earnings per share. NextEra Energy’s revenue was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Analysts anticipate that NextEra Energy, Inc. will post 4 earnings per share for the current year.

NextEra Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were paid a $0.6232 dividend. The ex-dividend date was Friday, February 27th. This is an increase from NextEra Energy’s previous quarterly dividend of $0.57. This represents a $2.49 annualized dividend and a dividend yield of 2.6%. NextEra Energy’s dividend payout ratio (DPR) is 63.36%.

Analysts Set New Price Targets

Several research firms recently weighed in on NEE. UBS Group increased their price objective on shares of NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. TD Cowen increased their price objective on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Wall Street Zen lowered shares of NextEra Energy from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. The Goldman Sachs Group increased their price objective on shares of NextEra Energy from $94.00 to $98.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Finally, Weiss Ratings upgraded shares of NextEra Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, April 27th. One investment 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 data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $98.70.

Insider Buying and Selling at NextEra Energy

In other news, EVP Nicole J. Daggs sold 4,934 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $93.00, for a total value of $458,862.00. Following the completion of the transaction, the executive vice president directly owned 16,905 shares in the company, valued at $1,572,165. This trade represents a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Treasurer James Michael May sold 7,161 shares of the stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $90.27, for a total transaction of $646,423.47. Following the completion of the transaction, the treasurer owned 26,719 shares of the company’s stock, valued at $2,411,924.13. This trade represents a 21.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 31,767 shares of company stock worth $2,881,077. 0.18% of the stock is owned by company insiders.

NextEra Energy 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.