Smith Salley Wealth Management Purchases 9,327 Shares of NextEra Energy, Inc. $NEE

Smith Salley Wealth Management boosted its position in NextEra Energy, Inc. (NYSE:NEE) by 2.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 363,765 shares of the utilities provider’s stock after buying an additional 9,327 shares during the quarter. NextEra Energy makes up about 1.7% of Smith Salley Wealth Management’s holdings, making the stock its 16th largest position. Smith Salley Wealth Management’s holdings in NextEra Energy were worth $33,786,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in NEE. Indivisible Partners purchased a new stake in shares of NextEra Energy during the fourth quarter worth $1,355,000. First Long Island Investors LLC purchased a new position in shares of NextEra Energy in the third quarter valued at $14,198,000. SevenBridge Financial Group LLC raised its stake in shares of NextEra Energy by 39.7% during the 3rd quarter. SevenBridge Financial Group LLC now owns 49,603 shares of the utilities provider’s stock valued at $3,745,000 after purchasing an additional 14,089 shares during the period. Carnegie Investment Counsel raised its stake in shares of NextEra Energy by 9.4% during the 4th quarter. Carnegie Investment Counsel now owns 458,141 shares of the utilities provider’s stock valued at $36,780,000 after purchasing an additional 39,250 shares during the period. Finally, Swedbank AB raised its stake in shares of NextEra Energy by 13.4% during the 4th quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock valued at $81,615,000 after purchasing an additional 120,389 shares during the period. 78.72% of the stock is currently owned by institutional investors.

NextEra Energy Trading Down 0.1%

NextEra Energy stock opened at $86.67 on Monday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. NextEra Energy, Inc. has a fifty-two week low of $67.20 and a fifty-two week high of $98.75. The stock has a market cap of $180.73 billion, a P/E ratio of 22.05, a PEG ratio of 2.54 and a beta of 0.68. The firm’s fifty day moving average price is $90.24 and its 200-day moving average price is $88.30.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (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 during the quarter, compared to analyst estimates of $7.43 billion. During the same quarter last year, the company earned $0.99 earnings per share. The firm’s quarterly 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. Equities research analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal 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 $0.6232 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is presently 63.36%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on NEE. Wells Fargo & Company set a $102.00 target price on NextEra Energy and gave the stock an “overweight” rating in a research note on Friday, April 24th. Evercore reiterated an “outperform” rating and set a $107.00 price target on shares of NextEra Energy in a research report on Monday, May 4th. Barclays set a $90.00 price target on NextEra Energy and gave the company an “equal weight” rating in a research report on Tuesday, May 26th. DA Davidson increased their price target on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, Sanford C. Bernstein set a $107.00 price objective on shares of NextEra Energy and gave the company an “outperform” rating in a research report on Tuesday, June 16th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, NextEra Energy currently has an average rating of “Moderate Buy” and an average price target of $99.57.

Key Headlines Impacting NextEra Energy

Here are the key news stories impacting NextEra Energy this week:

• Positive Sentiment: Sanford C. Bernstein upgraded NextEra Energy (NEE) to strong-buy, reinforcing bullish sentiment around the company’s utility scale, clean-energy portfolio, and earnings outlook.
• Positive Sentiment: UBS analyst William Appicelli initiated a Buy rating, citing potential synergy gains from the Dominion transaction and upside tied to rising power demand from data centers.
• Positive Sentiment: Several recent articles highlighted NEE as a beneficiary of structural electricity demand growth, especially from artificial intelligence data centers, EV adoption, and the broader need for reliable baseload power.
• Positive Sentiment: One analysis argued the stock could be undervalued based on the Dominion data-center story, suggesting investors may be underestimating future growth potential. NextEra Energy (NEE) Stock Could Be 8.5% Undervalued on Its Dominion Data Center Story
• Positive Sentiment: Coverage also emphasized NextEra’s clean-energy expansion, renewables backlog, and stable cash flow generation, which support its long-term earnings growth profile. Will NextEra Gain by Generating Power From Multiple Clean Sources?
• Neutral Sentiment: The latest Zacks note said NEE recently outperformed the market in a single session, reflecting renewed interest, but the stock has still been under pressure over the prior month and quarter. NextEra Energy (NEE) Laps the Stock Market: Here’s Why

About NextEra Energy

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.