NextEra Energy, Inc. $NEE Shares Sold by Prudent Man Advisors LLC

Prudent Man Advisors LLC cut its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 61.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 8,346 shares of the utilities provider’s stock after selling 13,330 shares during the period. Prudent Man Advisors LLC’s holdings in NextEra Energy were worth $670,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. LPL Financial LLC lifted its position in NextEra Energy by 4.6% during the 4th quarter. LPL Financial LLC now owns 3,978,657 shares of the utilities provider’s stock worth $319,407,000 after acquiring an additional 175,736 shares in the last quarter. Erste Asset Management GmbH lifted its position in NextEra Energy by 2.6% during the 4th quarter. Erste Asset Management GmbH now owns 204,853 shares of the utilities provider’s stock worth $16,575,000 after acquiring an additional 5,165 shares in the last quarter. CenterBook Partners LP acquired a new position in NextEra Energy during the 4th quarter worth approximately $738,000. Manchester Capital Management LLC lifted its position in NextEra Energy by 28.2% during the 4th quarter. Manchester Capital Management LLC now owns 7,169 shares of the utilities provider’s stock worth $576,000 after acquiring an additional 1,578 shares in the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new position in NextEra Energy during the 4th quarter worth approximately $418,000. 78.72% of the stock is owned by institutional investors and hedge funds.

NextEra Energy Price Performance

Shares of NYSE NEE opened at $85.86 on Monday. NextEra Energy, Inc. has a twelve month low of $67.20 and a twelve month high of $98.75. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. The company has a market capitalization of $179.05 billion, a price-to-earnings ratio of 21.85, a price-to-earnings-growth ratio of 2.52 and a beta of 0.68. The business has a 50 day simple moving average of $91.66 and a 200-day simple moving average of $88.24.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data 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 firm 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%.The firm’s revenue was up 7.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, equities research analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

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

Wall Street Analysts Forecast Growth

NEE has been the topic of several recent research reports. Evercore reissued an “outperform” rating and set a $107.00 price target on shares of NextEra Energy in a research report on Monday, May 4th. Barclays set a $90.00 price objective on NextEra Energy and gave the stock an “equal weight” rating in a report on Tuesday, May 26th. BMO Capital Markets dropped their price objective on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating on the stock in a report on Monday, May 18th. Weiss Ratings upgraded NextEra Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, May 26th. Finally, Erste Group Bank upgraded NextEra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. One equities research 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 MarketBeat, NextEra Energy has an average rating of “Moderate Buy” and an average price target of $99.20.

Insider Transactions at NextEra Energy

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,934 shares of the business’s stock in a transaction on 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 owned 16,905 shares in the company, valued at approximately $1,572,165. The trade was a 22.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.18% of the company’s stock.

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.