NextEra Energy, Inc. $NEE Shares Sold by Orange Investment Advisors Inc.

Orange Investment Advisors Inc. decreased its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 18.4% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 40,893 shares of the utilities provider’s stock after selling 9,247 shares during the period. Orange Investment Advisors Inc.’s holdings in NextEra Energy were worth $3,798,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Patton Fund Management Inc. grew its stake in NextEra Energy by 8.3% in the 1st quarter. Patton Fund Management Inc. now owns 2,807 shares of the utilities provider’s stock worth $261,000 after acquiring an additional 215 shares during the period. Princeton Global Asset Management LLC lifted its stake in shares of NextEra Energy by 0.8% during the 1st quarter. Princeton Global Asset Management LLC now owns 49,398 shares of the utilities provider’s stock worth $4,588,000 after purchasing an additional 390 shares during the period. Aspire Private Capital LLC lifted its stake in shares of NextEra Energy by 29.0% during the 1st quarter. Aspire Private Capital LLC now owns 3,517 shares of the utilities provider’s stock worth $327,000 after purchasing an additional 790 shares during the period. Patriot Financial Group Insurance Agency LLC boosted its holdings in shares of NextEra Energy by 235.6% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 41,216 shares of the utilities provider’s stock worth $3,828,000 after purchasing an additional 28,936 shares during the last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings in shares of NextEra Energy by 26.5% during the first quarter. Janney Montgomery Scott LLC now owns 2,002,772 shares of the utilities provider’s stock worth $186,018,000 after purchasing an additional 418,948 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Price Performance

NEE opened at $88.29 on Monday. NextEra Energy, Inc. has a 52-week low of $67.20 and a 52-week high of $98.75. The company has a 50 day moving average of $89.69 and a two-hundred day moving average of $88.44. The company has a market cap of $184.11 billion, a P/E ratio of 22.47, a P/E/G ratio of 2.60 and a beta of 0.68. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41.

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

NextEra Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were given a $0.6232 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 annualized dividend and a yield of 2.8%. NextEra Energy’s dividend payout ratio (DPR) is 63.36%.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. HSBC upped their target price on NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. BMO Capital Markets decreased their price target on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating on the stock in a research note on Monday, May 18th. Wells Fargo & Company set a $102.00 price target on NextEra Energy and gave the company an “overweight” rating in a report on Friday, April 24th. Evercore reaffirmed an “outperform” rating and set a $107.00 price objective on shares of NextEra Energy in a research note on Monday, May 4th. Finally, Barclays set a $90.00 price objective on shares of NextEra Energy and gave the stock an “equal weight” rating in a report on Tuesday, May 26th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $99.86.

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.