Financial & Tax Architects LLC Sells 7,024 Shares of NextEra Energy, Inc. $NEE

Financial & Tax Architects LLC lowered its position in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) by 7.4% in the first quarter, HoldingsChannel reports. The firm owned 87,289 shares of the utilities provider’s stock after selling 7,024 shares during the period. NextEra Energy makes up approximately 1.8% of Financial & Tax Architects LLC’s investment portfolio, making the stock its 13th biggest holding. Financial & Tax Architects LLC’s holdings in NextEra Energy were worth $8,107,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Premier Path Wealth Partners LLC raised its stake in shares of NextEra Energy by 2.1% in the first quarter. Premier Path Wealth Partners LLC now owns 22,732 shares of the utilities provider’s stock valued at $2,111,000 after acquiring an additional 471 shares during the last quarter. Caliber Wealth Management LLC KS grew its position in NextEra Energy by 1.4% during the 1st quarter. Caliber Wealth Management LLC KS now owns 37,535 shares of the utilities provider’s stock worth $3,486,000 after acquiring an additional 521 shares during the last quarter. Mayflower Financial Advisors LLC grew its position in NextEra Energy by 2.8% during the 1st quarter. Mayflower Financial Advisors LLC now owns 14,357 shares of the utilities provider’s stock worth $1,334,000 after acquiring an additional 385 shares during the last quarter. AMI Asset Management Corp increased its holdings in NextEra Energy by 71.0% during the 1st quarter. AMI Asset Management Corp now owns 10,581 shares of the utilities provider’s stock valued at $983,000 after purchasing an additional 4,394 shares in the last quarter. Finally, 626 Financial LLC acquired a new stake in NextEra Energy during the 1st quarter valued at $204,000. 78.72% of the stock is owned by institutional investors.

NextEra Energy Stock Down 1.1%

Shares of NYSE NEE opened at $87.72 on Wednesday. NextEra Energy, Inc. has a 1 year low of $67.54 and a 1 year high of $98.75. The firm’s 50-day moving average is $89.54 and its 200-day moving average is $88.55. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. The firm has a market capitalization of $182.93 billion, a PE ratio of 22.32, a price-to-earnings-growth ratio of 2.60 and a beta of 0.68.

NextEra Energy (NYSE:NEEGet Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The business had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.43 billion. During the same period in the previous year, the firm posted $0.99 earnings per share. 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. Equities analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently announced 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 yield of 2.8%. The ex-dividend date of this dividend was Friday, June 5th. NextEra Energy’s payout ratio is currently 63.36%.

Analysts Set New Price Targets

Several brokerages have issued reports on NEE. BTIG Research reiterated a “buy” rating and issued a $112.00 price objective on shares of NextEra Energy in a research report on Friday, April 24th. HSBC increased their target price on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. JPMorgan Chase & Co. raised their target price on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. Weiss Ratings cut NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Finally, Jefferies Financial Group upped their price target 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 analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.86.

Get Our Latest Stock Analysis on NEE

Key NextEra Energy News

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About NextEra Energy

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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