Cerity Partners LLC Has $115.94 Million Stake in NextEra Energy, Inc. $NEE

Cerity Partners LLC boosted its holdings in NextEra Energy, Inc. (NYSE:NEE) by 5.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,444,225 shares of the utilities provider’s stock after acquiring an additional 74,810 shares during the period. Cerity Partners LLC’s holdings in NextEra Energy were worth $115,943,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in NEE. Norges Bank acquired a new position in shares of NextEra Energy in the 4th quarter valued at approximately $2,816,327,000. Pictet Asset Management Holding SA raised its position in shares of NextEra Energy by 47.3% in the 4th quarter. Pictet Asset Management Holding SA now owns 9,254,022 shares of the utilities provider’s stock valued at $742,913,000 after buying an additional 2,972,924 shares in the last quarter. Danica Pension Livsforsikringsaktieselskab acquired a new position in shares of NextEra Energy in the 3rd quarter valued at approximately $177,198,000. Vanguard Group Inc. raised its position in shares of 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 buying an additional 2,234,176 shares in the last quarter. Finally, Amundi raised its position in shares of NextEra Energy by 16.7% in the 3rd quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock valued at $1,012,129,000 after buying an additional 1,780,881 shares in the last quarter. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,934 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $93.00, for a total transaction of $458,862.00. Following the sale, the executive vice president directly owned 16,905 shares of the company’s stock, valued at $1,572,165. The trade was a 22.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.18% of the stock is owned by insiders.

NextEra Energy Price Performance

NEE stock opened at $84.05 on Tuesday. The company has a 50 day simple moving average of $91.52 and a 200 day simple moving average of $88.24. The stock has a market cap of $175.26 billion, a price-to-earnings ratio of 21.39, a P/E/G ratio of 2.52 and a beta of 0.68. NextEra Energy, Inc. has a 1 year low of $67.20 and a 1 year high of $98.75. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44.

NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. The business had revenue of $6.70 billion during 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 firm’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Research analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, June 5th will be given a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Friday, June 5th. NextEra Energy’s dividend payout ratio is currently 63.36%.

Analysts Set New Price Targets

Several equities analysts have recently commented on NEE shares. Scotiabank boosted their target price on shares of NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. UBS Group boosted their target price on shares of NextEra Energy from $91.00 to $104.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Evercore restated an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a research report on Monday, May 4th. Wall Street Zen cut shares of NextEra Energy from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. Finally, Wells Fargo & Company set a $102.00 price objective on shares of NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, NextEra Energy presently has an average rating of “Moderate Buy” and an average target price of $99.20.

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.