Integrated Advisors Network LLC Buys 24,699 Shares of NextEra Energy, Inc. $NEE

Integrated Advisors Network LLC grew its stake in NextEra Energy, Inc. (NYSE:NEE) by 72.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,680 shares of the utilities provider’s stock after buying an additional 24,699 shares during the quarter. Integrated Advisors Network LLC’s holdings in NextEra Energy were worth $5,450,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Norges Bank bought a new position in shares of NextEra Energy during the 4th quarter valued at approximately $2,816,327,000. Employees Provident Fund Board bought a new stake in NextEra Energy during the 4th quarter worth approximately $240,840,000. Pictet Asset Management Holding SA raised its stake in NextEra Energy by 47.3% during the 4th quarter. Pictet Asset Management Holding SA now owns 9,254,022 shares of the utilities provider’s stock worth $742,913,000 after acquiring an additional 2,972,924 shares during the period. Danica Pension Livsforsikringsaktieselskab purchased a new position in NextEra Energy during the third quarter valued at approximately $177,198,000. Finally, Vanguard Group Inc. lifted its holdings in NextEra Energy by 1.0% during the fourth 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. Institutional investors own 78.72% of the company’s stock.

Analysts Set New Price Targets

NEE has been the subject of a number of recent analyst reports. DA Davidson upped their price target on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Morgan Stanley raised their price objective on shares of NextEra Energy from $111.00 to $117.00 and gave the company an “overweight” rating in a research report on Wednesday, June 24th. HSBC lifted their target price on shares of NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Evercore reaffirmed an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a report on Monday, May 4th. Finally, Jefferies Financial Group increased their price target on NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.90.

NextEra Energy Price Performance

NEE stock traded up $1.34 during midday trading on Tuesday, hitting $88.78. The company’s stock had a trading volume of 2,151,866 shares, compared to its average volume of 10,476,932. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. 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 firm has a market capitalization of $185.14 billion, a price-to-earnings ratio of 22.59, a price-to-earnings-growth ratio of 2.59 and a beta of 0.67. The company has a 50 day moving average of $89.34 and a two-hundred day moving average of $88.68.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.06. The business had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The company’s revenue was up 7.3% on a year-over-year basis. During the same period 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 EPS for the current year.

NextEra Energy Dividend Announcement

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

NextEra Energy 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.