Gerald Baker Financial Group LLC Purchases Shares of 6,782 NextEra Energy, Inc. $NEE

Gerald Baker Financial Group LLC acquired a new stake in NextEra Energy, Inc. (NYSE:NEEFree Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,782 shares of the utilities provider’s stock, valued at approximately $630,000.

Other hedge funds have also recently made changes to their positions in the company. Walker Asset Management LLC lifted its holdings in shares of NextEra Energy by 2.2% in the first quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock valued at $465,000 after purchasing an additional 107 shares in the last quarter. PUREfi Wealth LLC grew its holdings in NextEra Energy by 0.9% during the first quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock worth $1,170,000 after buying an additional 107 shares in the last quarter. Garrison Point Advisors LLC raised its position in NextEra Energy by 0.4% in the 4th quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock valued at $2,269,000 after buying an additional 109 shares during the last quarter. 3Chopt Investment Partners LLC raised its position in NextEra Energy by 0.8% in the 4th quarter. 3Chopt Investment Partners LLC now owns 14,105 shares of the utilities provider’s stock valued at $1,132,000 after buying an additional 114 shares during the last quarter. Finally, Nemes Rush Group LLC boosted its holdings in NextEra Energy by 5.2% during the 4th quarter. Nemes Rush Group LLC now owns 2,354 shares of the utilities provider’s stock worth $189,000 after acquiring an additional 117 shares during the last quarter. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Key NextEra Energy News

Here are the key news stories impacting NextEra Energy this week:

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Evercore reaffirmed an “outperform” rating and issued a $107.00 price objective on shares of NextEra Energy in a research report on Monday, May 4th. Scotiabank increased their price target on shares of NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Mizuho lifted their price objective on NextEra Energy from $90.00 to $95.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. Barclays set a $91.00 target price on shares of NextEra Energy and gave the company an “equal weight” rating in a research report on Tuesday, July 7th. Finally, Sanford C. Bernstein set a $107.00 price objective on NextEra Energy and gave the stock an “outperform” rating in a report on Tuesday, June 16th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, NextEra Energy presently has a consensus rating of “Moderate Buy” and an average target price of $99.64.

Get Our Latest Report on NextEra Energy

NextEra Energy Stock Up 0.2%

NEE stock opened at $89.32 on Friday. NextEra Energy, Inc. has a twelve month low of $69.24 and a twelve 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 cap of $186.27 billion, a PE ratio of 22.73, a price-to-earnings-growth ratio of 2.44 and a beta of 0.67. The business has a 50 day moving average of $88.03 and a 200 day moving average of $89.18.

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

NextEra Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were given 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 is 63.36%.

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

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

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