Diversify Advisory Services LLC Takes Position in NextEra Energy, Inc. $NEE

Diversify Advisory Services LLC purchased a new stake in shares of NextEra Energy, Inc. (NYSE:NEE) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 96,075 shares of the utilities provider’s stock, valued at approximately $8,534,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Anfield Capital Management LLC grew its stake in shares of 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 acquiring an additional 270 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new position in shares of NextEra Energy in the fourth quarter worth about $25,000. Financial Life Planners purchased a new position in NextEra Energy in the first quarter valued at about $30,000. Wealth Watch Advisors INC boosted 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 purchasing an additional 226 shares during the last quarter. Finally, Manning & Napier Advisors LLC boosted its holdings in NextEra Energy by 104.9% in the first quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 172 shares during the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on NEE. Morgan Stanley set a $114.00 target price on NextEra Energy and gave the company an “overweight” rating in a research report on Friday, August 21st. Bank of America dropped their price target on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research note on Monday, July 13th. Erste Group Bank downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Wall Street Zen lowered shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a report on Saturday, August 22nd. Finally, Mizuho set a $95.00 price target on shares of NextEra Energy in a research report on Monday, July 27th. Seventeen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $100.33.

NextEra Energy Stock Down 0.8%

NYSE:NEE opened at $83.51 on Friday. The firm has a market capitalization of $174.18 billion, a PE ratio of 18.77, a price-to-earnings-growth ratio of 2.30 and a beta of 0.67. The stock has a 50 day moving average of $87.05 and a 200-day moving average of $89.75. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45.

NextEra Energy (NYSE:NEE) last posted its earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping the consensus estimate of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm had revenue of $7.53 billion during the quarter, compared to analysts’ expectations of $8.11 billion. During the same quarter in the prior year, the firm earned $1.05 EPS. NextEra Energy’s quarterly revenue was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be issued a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy’s dividend payout ratio is presently 55.96%.

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.