NextEra Energy, Inc. $NEE Stock Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lessened its holdings in NextEra Energy, Inc. (NYSE:NEE) by 11.0% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 62,012 shares of the utilities provider’s stock after selling 7,667 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in NextEra Energy were worth $4,697,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in NEE. Czech National Bank lifted its holdings in shares of NextEra Energy by 4.7% during the second quarter. Czech National Bank now owns 593,568 shares of the utilities provider’s stock valued at $52,097,000 after acquiring an additional 26,378 shares during the period. Annex Advisory Services LLC boosted its stake in shares of NextEra Energy by 13.9% in the 2nd quarter. Annex Advisory Services LLC now owns 711,009 shares of the utilities provider’s stock valued at $62,405,000 after purchasing an additional 86,585 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in shares of NextEra Energy by 4.1% in the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 544,574 shares of the utilities provider’s stock valued at $47,797,000 after purchasing an additional 21,569 shares in the last quarter. Avity Investment Management Inc. boosted its stake in shares of NextEra Energy by 5.7% in the 2nd quarter. Avity Investment Management Inc. now owns 500,576 shares of the utilities provider’s stock valued at $43,936,000 after purchasing an additional 26,848 shares in the last quarter. Finally, CV Advisors LLC bought a new stake in shares of NextEra Energy in the 2nd quarter worth about $1,404,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on NEE. BTIG Research reiterated a “buy” rating and set a $105.00 target price on shares of NextEra Energy in a research report on Tuesday. Erste Group Bank downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. Bank of America reduced their price target on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a research report on Monday, July 13th. Morgan Stanley set a $110.00 price objective on shares of NextEra Energy and gave the stock an “overweight” rating in a research note on Wednesday, October 14th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $108.00 price objective on shares of NextEra Energy in a research note on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $98.05.

NextEra Energy Trading Up 0.9%

Shares of NEE opened at $78.88 on Wednesday. The stock has a fifty day moving average price of $80.86 and a two-hundred day moving average price of $86.38. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. NextEra Energy, Inc. has a 52-week low of $74.41 and a 52-week high of $98.75. The company has a market cap of $164.54 billion, a price-to-earnings ratio of 17.73, a PEG ratio of 2.41 and a beta of 0.64.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. The company had revenue of $7.53 billion for 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 business’s revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Analysts predict that NextEra Energy, Inc. will post 4.03 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 28th were issued a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, August 28th. NextEra Energy’s payout ratio is currently 55.96%.

About NextEra Energy

NextEra Energy, Inc is an energy infrastructure company headquartered in Juno Beach, Florida. Through its businesses, the company generates, transmits, distributes and sells electricity, with a focus on regulated utility operations and clean energy development.

Florida Power & Light Company, NextEra Energy’s principal regulated utility, serves customers across much of Florida. FPL operates electric generation, transmission and distribution infrastructure and provides retail electricity service to residential, commercial and industrial customers.

NextEra Energy Resources develops, owns and operates renewable energy and energy storage projects, including wind and solar facilities.