Private Advisor Group LLC Buys 7,101 Shares of NextEra Energy, Inc. $NEE

Private Advisor Group LLC lifted its stake in NextEra Energy, Inc. (NYSE:NEE) by 2.7% in the 1st quarter, Holdings Channel.com reports. The firm owned 265,711 shares of the utilities provider’s stock after buying an additional 7,101 shares during the quarter. Private Advisor Group LLC’s holdings in NextEra Energy were worth $24,679,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Indivisible Partners purchased a new position in NextEra Energy in the 4th quarter worth about $1,355,000. SevenBridge Financial Group LLC lifted its stake in 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 acquiring an additional 14,089 shares during the period. Carnegie Investment Counsel boosted its holdings 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 acquiring an additional 39,250 shares during the last quarter. Swedbank AB boosted its holdings 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 acquiring an additional 120,389 shares during the last quarter. Finally, Fisher Funds Management LTD grew its stake in shares of NextEra Energy by 3.5% in the fourth quarter. Fisher Funds Management LTD now owns 619,640 shares of the utilities provider’s stock worth $49,884,000 after acquiring an additional 20,709 shares during the period. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Trading Down 0.1%

NextEra Energy stock opened at $88.24 on Friday. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75. The company has a market cap of $184.02 billion, a P/E ratio of 22.45, a P/E/G ratio of 2.59 and a beta of 0.67. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. The business has a 50-day simple moving average of $89.34 and a two-hundred day simple moving average of $88.63.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.06. The firm had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Analysts predict that NextEra Energy, Inc. will post 4.01 EPS 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 given a $0.6232 dividend. The ex-dividend date 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 presently 63.36%.

Wall Street Analysts Forecast Growth

NEE has been the subject of several research reports. Weiss Ratings cut shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Jefferies Financial Group raised their target price on shares of NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a report on Tuesday, April 21st. Wall Street Zen downgraded shares of NextEra Energy from a “hold” rating to a “sell” rating in a research report on Saturday. BTIG Research reiterated a “buy” rating and set a $112.00 target price on shares of NextEra Energy in a research note on Friday, April 24th. Finally, Barclays set a $90.00 price target on NextEra Energy and gave the company an “equal weight” rating in a report on Tuesday, May 26th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $99.86.

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.