LM Advisors LLC Sells 14,371 Shares of NextEra Energy, Inc. $NEE

LM Advisors LLC cut its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 92.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,257 shares of the utilities provider’s stock after selling 14,371 shares during the period. LM Advisors LLC’s holdings in NextEra Energy were worth $101,000 at the end of the most recent reporting period.

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

NextEra Energy Price Performance

NYSE:NEE opened at $85.92 on Friday. The firm has a market capitalization of $179.18 billion, a price-to-earnings ratio of 21.86, a PEG ratio of 2.52 and a beta of 0.68. NextEra Energy, Inc. has a 1 year low of $67.20 and a 1 year high of $98.75. The business has a 50 day simple moving average of $90.94 and a 200-day simple moving average of $88.24. 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 posted its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.06. The business had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The company’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the company earned $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Equities analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Announces Dividend

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

Analyst Upgrades and Downgrades

NEE has been the subject of a number of research reports. Barclays set a $90.00 price target on NextEra Energy and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. Evercore reissued an “outperform” rating and set a $107.00 price target on shares of NextEra Energy in a research note on Monday, May 4th. TD Cowen increased their price target on NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a research note on Monday, April 27th. HSBC raised 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. Finally, Wall Street Zen lowered NextEra Energy from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $99.20.

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.