Verity & Verity LLC Raises Stock Position in NextEra Energy, Inc. $NEE

Verity & Verity LLC increased its stake in NextEra Energy, Inc. (NYSE:NEE) by 2.5% during the 4th quarter, HoldingsChannel reports. The firm owned 290,459 shares of the utilities provider’s stock after buying an additional 7,033 shares during the period. NextEra Energy comprises 1.8% of Verity & Verity LLC’s holdings, making the stock its 16th largest position. Verity & Verity LLC’s holdings in NextEra Energy were worth $23,318,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NEE. Railway Pension Investments Ltd raised its position in NextEra Energy by 6.8% in the fourth quarter. Railway Pension Investments Ltd now owns 2,517,732 shares of the utilities provider’s stock worth $202,124,000 after acquiring an additional 161,100 shares during the period. Founders Financial Securities LLC bought a new position in NextEra Energy in the fourth quarter worth approximately $369,000. MUFG Securities EMEA plc raised its position in NextEra Energy by 116.6% in the fourth quarter. MUFG Securities EMEA plc now owns 85,378 shares of the utilities provider’s stock worth $6,854,000 after acquiring an additional 45,962 shares during the period. Bearing Point Capital LLC increased its position in NextEra Energy by 9.8% in the fourth quarter. Bearing Point Capital LLC now owns 19,105 shares of the utilities provider’s stock worth $1,534,000 after buying an additional 1,700 shares in the last quarter. Finally, DT Investment Partners LLC increased its position in NextEra Energy by 4.2% in the fourth quarter. DT Investment Partners LLC now owns 17,155 shares of the utilities provider’s stock worth $1,377,000 after buying an additional 690 shares in the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Down 0.3%

Shares of NEE stock opened at $86.96 on Friday. The company has a market capitalization of $181.33 billion, a price-to-earnings ratio of 22.13, a PEG ratio of 2.55 and a beta of 0.73. NextEra Energy, Inc. has a one year low of $66.77 and a one year high of $98.75. The company’s fifty day moving average price is $92.25 and its 200-day moving average price is $88.22. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating the consensus estimate of $1.03 by $0.06. The firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The company’s revenue was up 7.3% on a year-over-year basis. During the same period last year, the firm earned $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Sell-side analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, June 5th will be given a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is presently 63.36%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Evercore restated an “outperform” rating and issued a $107.00 price target on shares of NextEra Energy in a research report on Monday, May 4th. Weiss Ratings upgraded NextEra Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday. Morgan Stanley set a $111.00 price objective on NextEra Energy in a research note on Thursday, May 21st. Wall Street Zen downgraded NextEra Energy from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Finally, HSBC boosted their price objective on NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $99.20.

Insider Activity

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

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.