NextEra Energy, Inc. $NEE Shares Sold by Orange Investment Advisors Inc.

Orange Investment Advisors Inc. reduced its stake in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) by 18.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 40,893 shares of the utilities provider’s stock after selling 9,247 shares during the period. Orange Investment Advisors Inc.’s holdings in NextEra Energy were worth $3,798,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in NEE. Anfield Capital Management LLC boosted its holdings in NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after buying an additional 270 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new position in NextEra Energy in the fourth quarter valued at about $25,000. Wealth Watch Advisors INC increased its holdings in NextEra Energy by 223.8% in the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after buying an additional 226 shares in the last quarter. Osbon Capital Management LLC acquired a new stake in shares of NextEra Energy during the 4th quarter valued at approximately $27,000. Finally, Quest 10 Wealth Builders Inc. lifted its position in shares of NextEra Energy by 135.4% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock valued at $30,000 after acquiring an additional 218 shares during the period. 78.72% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently weighed in on NEE. JPMorgan Chase & Co. upped their price target on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. HSBC lifted their price objective on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Wells Fargo & Company set a $102.00 target price on NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, April 24th. DA Davidson upped their target price on NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, Scotiabank raised their price target on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $99.86.

View Our Latest Report on NextEra Energy

NextEra Energy Price Performance

NEE stock opened at $88.29 on Monday. The stock’s 50 day moving average price is $89.69 and its 200 day moving average price is $88.44. The firm has a market cap of $184.11 billion, a P/E ratio of 22.47, a PEG ratio of 2.60 and a beta of 0.68. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. NextEra Energy, Inc. has a 1 year low of $67.20 and a 1 year high of $98.75.

NextEra Energy (NYSE:NEEGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The company had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.43 billion. During the same quarter last year, the business posted $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. On average, sell-side analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were given a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is currently 63.36%.

NextEra Energy Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding NEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NextEra Energy, Inc. (NYSE:NEEFree Report).

Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

Receive News & Ratings for NextEra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextEra Energy and related companies with MarketBeat.com's FREE daily email newsletter.