Private Advisor Group LLC Increases Stock Holdings in NextEra Energy, Inc. $NEE

Private Advisor Group LLC boosted its stake in NextEra Energy, Inc. (NYSE:NEE) by 2.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 265,711 shares of the utilities provider’s stock after acquiring an additional 7,101 shares during the period. Private Advisor Group LLC’s holdings in NextEra Energy were worth $24,679,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Anfield Capital Management LLC lifted its position in shares of NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 270 shares during the period. Laurel Wealth Advisors LLC purchased a new position in shares of NextEra Energy during the fourth quarter valued at about $25,000. Financial Life Planners bought a new position in NextEra Energy in the first quarter worth about $30,000. Wealth Watch Advisors INC raised its stake in NextEra Energy by 223.8% in the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after buying an additional 226 shares in the last quarter. Finally, Osbon Capital Management LLC purchased a new stake in NextEra Energy in the fourth quarter worth about $27,000. 78.72% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on NEE. Wall Street Zen cut NextEra Energy from a “hold” rating to a “sell” rating in a research report on Saturday. Barclays set a $90.00 target price on NextEra Energy and gave the stock an “equal weight” rating in a research report on Tuesday, May 26th. BTIG Research restated a “buy” rating and issued a $112.00 target price on shares of NextEra Energy in a research note on Friday, April 24th. Wells Fargo & Company set a $102.00 price target on NextEra Energy and gave the company an “overweight” rating in a research report on Friday, April 24th. Finally, Sanford C. Bernstein set a $107.00 price target on NextEra Energy and gave the stock an “outperform” rating in a research note on Tuesday, June 16th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, NextEra Energy currently has an average rating of “Moderate Buy” and an average target price of $99.86.

NextEra Energy Trading Down 0.1%

NYSE:NEE opened at $88.24 on Friday. NextEra Energy, Inc. has a one year low of $69.24 and a one year high of $98.75. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The company’s 50-day simple moving average is $89.34 and its 200 day simple moving average is $88.63. The firm has a market capitalization of $184.02 billion, a P/E ratio of 22.45, a PEG ratio of 2.59 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The business had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. During the same quarter in the prior year, the company earned $0.99 earnings per share. The business’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. As a group, analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were paid a $0.6232 dividend. The ex-dividend date was Friday, June 5th. This represents a $2.49 annualized dividend and a dividend yield of 2.8%. NextEra Energy’s dividend payout ratio is presently 63.36%.

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.