Bank of New York Mellon Corp Sells 107,415 Shares of NextEra Energy, Inc. $NEE

Bank of New York Mellon Corp decreased its holdings in NextEra Energy, Inc. (NYSE:NEE) by 0.8% in the 1st quarter, Holdings Channel.com reports. The firm owned 13,335,717 shares of the utilities provider’s stock after selling 107,415 shares during the period. Bank of New York Mellon Corp’s holdings in NextEra Energy were worth $1,238,621,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC acquired a new stake in shares of NextEra Energy during the 4th quarter worth $25,000. Anfield Capital Management LLC raised its stake in NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares in the last quarter. 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 valued at $26,000 after purchasing an additional 226 shares in the last quarter. Osbon Capital Management LLC bought a new stake in NextEra Energy during the fourth quarter worth about $27,000. Finally, Strive Asset Management LLC bought a new stake in NextEra Energy during the third quarter worth about $29,000. Institutional investors own 78.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Scotiabank raised their target price on shares of NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a report on Friday, April 24th. Jefferies Financial Group set a $94.00 price target on shares of NextEra Energy in a report on Tuesday. BTIG Research reissued a “buy” rating and issued a $112.00 price objective on shares of NextEra Energy in a research note on Friday, April 24th. Morgan Stanley boosted their price objective on shares of NextEra Energy from $111.00 to $117.00 and gave the company an “overweight” rating in a research report on Wednesday, June 24th. Finally, Weiss Ratings cut NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $99.64.

NextEra Energy Stock Down 0.6%

NEE stock opened at $89.02 on Thursday. The firm has a 50-day moving average price of $88.11 and a 200-day moving average price of $89.12. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 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 stock has a market capitalization of $185.63 billion, a P/E ratio of 22.65, a price-to-earnings-growth ratio of 2.45 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results 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 company had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The firm’s revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, equities research analysts anticipate 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. Stockholders of record on Friday, June 5th were issued a dividend of $0.6232 per share. 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 63.36%.

Key Stories Impacting NextEra Energy

Here are the key news stories impacting NextEra Energy this week:

• Positive Sentiment: NextEra Energy and Dominion Energy filed for regulatory approval of a proposed combination that would create a larger utility platform across Virginia, North Carolina, South Carolina and other growing markets, potentially boosting scale, earnings power and infrastructure growth opportunities. Article: NextEra Energy and Dominion Energy file to combine
• Neutral Sentiment: Reports highlighted the stock’s recent relative strength, with shares outperforming the broader market in the prior session, suggesting momentum may have been supported by optimism around utility demand and the company’s growth profile. Article: NextEra Energy (NEE) Laps the Stock Market: Here’s Why
• Negative Sentiment: Broader industry commentary on rising power demand from data centers and higher electricity bills raised concerns that utilities may face collection risk and pressure from affordability issues, which could weigh on sentiment for the sector. Article: The AI-Driven Rise in Power Bills Are Causing a $25 Billion Problem for Utility Stocks

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.