Kiley Juergens Wealth Management LLC Acquires Shares of 9,119 NextEra Energy, Inc. $NEE

Kiley Juergens Wealth Management LLC bought a new stake in NextEra Energy, Inc. (NYSE:NEE) during the 1st quarter, HoldingsChannel reports. The firm bought 9,119 shares of the utilities provider’s stock, valued at approximately $847,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Indivisible Partners purchased a new stake in shares of NextEra Energy during the fourth quarter worth approximately $1,355,000. SevenBridge Financial Group LLC lifted its holdings in NextEra Energy by 39.7% in the 3rd quarter. SevenBridge Financial Group LLC now owns 49,603 shares of the utilities provider’s stock valued at $3,745,000 after purchasing an additional 14,089 shares in the last quarter. Carnegie Investment Counsel boosted its stake in NextEra Energy by 9.4% during the 4th quarter. Carnegie Investment Counsel now owns 458,141 shares of the utilities provider’s stock worth $36,780,000 after purchasing an additional 39,250 shares during the last quarter. Swedbank AB boosted its stake in NextEra Energy by 13.4% during the 4th quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock worth $81,615,000 after purchasing an additional 120,389 shares during the last quarter. Finally, Fisher Funds Management LTD grew its holdings in shares of NextEra Energy by 3.5% during the fourth quarter. Fisher Funds Management LTD now owns 619,640 shares of the utilities provider’s stock worth $49,884,000 after buying an additional 20,709 shares in the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Trading Up 1.7%

Shares of NEE stock traded up $1.45 on Tuesday, hitting $88.89. The stock had a trading volume of 2,009,283 shares, compared to its average volume of 10,476,932. The company’s 50 day moving average price is $89.34 and its 200-day moving average price is $88.68. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 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 firm has a market capitalization of $185.37 billion, a P/E ratio of 22.62, a P/E/G ratio of 2.59 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last released its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.06. The company 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%.NextEra Energy’s revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on NEE shares. BTIG Research restated a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a research report on Friday, April 24th. JPMorgan Chase & Co. increased their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. Morgan Stanley raised their target price on shares of NextEra Energy from $111.00 to $117.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 24th. Jefferies Financial Group boosted their target price on NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a report on Tuesday, April 21st. Finally, Evercore reaffirmed an “outperform” rating and issued a $107.00 price target on shares of NextEra Energy in a report on Monday, May 4th. Two investment 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’s stock. According to MarketBeat, NextEra Energy currently has an average rating of “Moderate Buy” and an average target price of $99.90.

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.