Clear Trail Advisors LLC boosted its stake in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 19.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 43,411 shares of the utilities provider’s stock after purchasing an additional 7,058 shares during the period. Clear Trail Advisors LLC’s holdings in NextEra Energy were worth $4,032,000 at the end of the most recent reporting period.
Several other large investors have also added to or reduced their stakes in NEE. Vanguard Group Inc. lifted its holdings in NextEra Energy by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock valued at $17,343,185,000 after purchasing an additional 2,234,176 shares in the last quarter. Geode Capital Management LLC raised its stake in NextEra Energy by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock worth $3,781,790,000 after purchasing an additional 966,152 shares during the period. Norges Bank acquired a new position in NextEra Energy in the fourth quarter valued at approximately $2,816,327,000. Price T Rowe Associates Inc. MD lifted its stake in shares of NextEra Energy by 6.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 18,365,788 shares of the utilities provider’s stock valued at $1,474,407,000 after purchasing an additional 1,136,074 shares during the last quarter. Finally, Deutsche Bank AG lifted its position in NextEra Energy by 2.9% in the fourth quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock valued at $1,387,347,000 after buying an additional 485,854 shares during the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on NEE shares. TD Cowen increased their target price on NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Wall Street Zen upgraded shares of NextEra Energy from a “sell” rating to a “hold” rating in a research note on Saturday. Morgan Stanley set a $111.00 price target on shares of NextEra Energy in a report on Thursday, May 21st. HSBC increased their price objective on shares of NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Finally, Jefferies Financial Group lifted their price objective on shares of NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a research report on Tuesday, April 21st. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $99.57.
NextEra Energy Trading Down 0.8%
NYSE NEE opened at $86.05 on Tuesday. 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 firm’s fifty day moving average price is $90.07 and its 200 day moving average price is $88.31. The company has a market capitalization of $179.45 billion, a price-to-earnings ratio of 21.90, a price-to-earnings-growth ratio of 2.54 and a beta of 0.68. NextEra Energy, Inc. has a 12 month low of $67.20 and a 12 month high of $98.75.
NextEra Energy (NYSE:NEE – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, topping the consensus estimate of $1.03 by $0.06. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The firm had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. During the same period last year, the business earned $0.99 EPS. NextEra Energy’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. On average, sell-side analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.
NextEra Energy Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were given a dividend of $0.6232 per share. The ex-dividend date was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. NextEra Energy’s payout ratio is 63.36%.
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.
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