Motley Fool Wealth Management LLC Sells 43,999 Shares of NextEra Energy, Inc. $NEE

Motley Fool Wealth Management LLC lessened its stake in NextEra Energy, Inc. (NYSE:NEE) by 17.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 213,764 shares of the utilities provider’s stock after selling 43,999 shares during the period. NextEra Energy comprises about 1.3% of Motley Fool Wealth Management LLC’s portfolio, making the stock its 20th biggest position. Motley Fool Wealth Management LLC’s holdings in NextEra Energy were worth $17,161,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Laurel Wealth Advisors LLC bought a new stake in shares of NextEra Energy in the 4th quarter valued at about $25,000. Anfield Capital Management LLC grew its position in shares of NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after buying an additional 270 shares during the last quarter. Strive Asset Management LLC bought a new stake in shares of NextEra Energy in the 3rd quarter valued at about $29,000. Quest 10 Wealth Builders Inc. grew its position in shares of NextEra Energy by 135.4% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock valued at $30,000 after buying an additional 218 shares during the last quarter. Finally, Joseph Group Capital Management bought a new stake in shares of NextEra Energy in the 4th quarter valued at about $32,000. Institutional investors own 78.72% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Nicole J. Daggs sold 4,934 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $93.00, for a total transaction of $458,862.00. Following the transaction, the executive vice president directly owned 16,905 shares of the company’s stock, valued at approximately $1,572,165. This represents a 22.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.18% of the company’s stock.

NextEra Energy Stock Up 0.7%

Shares of NextEra Energy stock opened at $84.58 on Wednesday. NextEra Energy, Inc. has a one year low of $67.20 and a one 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 stock’s 50-day moving average is $91.38 and its 200 day moving average is $88.24. The firm has a market cap of $176.37 billion, a price-to-earnings ratio of 21.52, a PEG ratio of 2.46 and a beta of 0.68.

NextEra Energy (NYSE:NEE) last announced its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating the consensus estimate of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The company had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. During the same quarter in the prior year, the company earned $0.99 EPS. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Equities research analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, June 5th will be paid a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, June 5th. NextEra Energy’s dividend payout ratio is 63.36%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Wall Street Zen lowered NextEra Energy from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. BTIG Research restated a “buy” rating and set a $112.00 target price on shares of NextEra Energy in a research report on Friday, April 24th. JPMorgan Chase & Co. upped their target price on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. Scotiabank upped their target price on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. Finally, Erste Group Bank upgraded NextEra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $99.20.

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.