Proficio Capital Partners LLC Has $1.36 Million Stock Position in NextEra Energy, Inc. $NEE

Proficio Capital Partners LLC grew its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 465.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 15,519 shares of the utilities provider’s stock after acquiring an additional 12,774 shares during the period. Proficio Capital Partners LLC’s holdings in NextEra Energy were worth $1,362,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Anfield Capital Management LLC lifted its holdings in NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after buying an additional 270 shares during the period. Kilter Group LLC bought a new stake in shares of NextEra Energy in the 2nd quarter valued at about $25,000. Manning & Napier Advisors LLC acquired a new stake in shares of NextEra Energy in the second quarter valued at about $26,000. Pin Oak Investment Advisors Inc. acquired a new stake in shares of NextEra Energy in the second quarter valued at about $26,000. Finally, Wealth Watch Advisors INC raised its position in shares of NextEra Energy by 223.8% during the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 226 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Price Performance

Shares of NYSE NEE opened at $83.96 on Friday. The firm has a market capitalization of $175.12 billion, a P/E ratio of 18.87, a P/E/G ratio of 2.57 and a beta of 0.65. The firm’s 50-day moving average price is $86.64 and its 200-day moving average price is $89.45. 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, Inc. has a 1-year low of $69.24 and a 1-year high of $98.75.

NextEra Energy (NYSE:NEE) last issued its earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. The business had revenue of $7.53 billion during the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The firm’s revenue was up 12.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities research analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be issued a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.

Wall Street Analysts Forecast Growth

NEE has been the topic of several analyst reports. Wall Street Zen cut NextEra Energy from a “sell” rating to a “strong sell” rating in a report on Saturday, August 22nd. Barclays set a $91.00 price target on shares of NextEra Energy and gave the stock an “equal weight” rating in a report on Tuesday, July 7th. JPMorgan Chase & Co. upped their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. Morgan Stanley set a $114.00 target price on shares of NextEra Energy and gave the stock an “overweight” rating in a research note on Friday, August 21st. Finally, Weiss Ratings lowered shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Seventeen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $100.33.

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.