Electron Capital Partners LLC Trims Holdings in NextEra Energy, Inc. $NEE

Electron Capital Partners LLC reduced its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 10.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,767,427 shares of the utilities provider’s stock after selling 199,781 shares during the period. NextEra Energy comprises 6.6% of Electron Capital Partners LLC’s investment portfolio, making the stock its 4th largest holding. Electron Capital Partners LLC owned approximately 0.08% of NextEra Energy worth $141,889,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in NEE. Laurel Wealth Advisors LLC bought a new stake in shares of NextEra Energy during the fourth quarter worth about $25,000. Anfield Capital Management LLC grew its holdings 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 worth $25,000 after purchasing an additional 270 shares during the last quarter. Wealth Watch Advisors INC grew its holdings 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 purchasing an additional 226 shares during the last quarter. Strive Asset Management LLC bought a new stake in shares of NextEra Energy during the third quarter worth about $29,000. Finally, Quest 10 Wealth Builders Inc. grew its holdings in shares of NextEra Energy by 135.4% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 218 shares during the last quarter. 78.72% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. TD Cowen boosted their price target on NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a report on Monday, April 27th. DA Davidson upped their target price on NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. UBS Group upped their target price on NextEra Energy from $91.00 to $104.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Jefferies Financial Group upped their target price on NextEra Energy from $92.00 to $93.00 and gave the company a “hold” rating in a report on Tuesday, April 21st. Finally, Weiss Ratings cut NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $99.57.

NextEra Energy Stock Performance

Shares of NEE stock opened at $85.73 on Thursday. The business’s 50 day simple moving average is $90.52 and its 200 day simple moving average is $88.28. NextEra Energy, Inc. has a one year low of $67.20 and a one year high of $98.75. The stock has a market capitalization of $178.78 billion, a PE ratio of 21.82, a PEG ratio of 2.53 and a beta of 0.68. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44.

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 business had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. During the same period in the prior year, the business posted $0.99 earnings per share. The firm’s revenue was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, research analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

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

NextEra Energy Company 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.