Handelsbanken Fonder AB Boosts Holdings in NextEra Energy, Inc. $NEE

Handelsbanken Fonder AB boosted its position in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) by 55.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 182,719 shares of the utilities provider’s stock after purchasing an additional 65,085 shares during the period. Handelsbanken Fonder AB’s holdings in NextEra Energy were worth $14,669,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Laurel Wealth Advisors LLC purchased a new position in NextEra Energy in the fourth quarter worth about $25,000. Anfield Capital Management LLC raised its holdings in NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after buying an additional 270 shares during the last quarter. Strive Asset Management LLC purchased a new position in NextEra Energy in the third quarter worth about $29,000. Quest 10 Wealth Builders Inc. raised its holdings in NextEra Energy by 135.4% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock worth $30,000 after buying an additional 218 shares during the last quarter. Finally, Joseph Group Capital Management purchased a new position in NextEra Energy in the fourth quarter worth about $32,000. 78.72% of the stock is currently owned by institutional investors.

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Analyst Ratings Changes

NEE has been the subject of several recent analyst reports. BMO Capital Markets decreased their target price on shares of NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a report on Monday. Scotiabank lifted their target price 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. Seaport Research Partners decreased their target price on shares of NextEra Energy from $56.00 to $55.00 and set a “sell” rating for the company in a report on Monday, February 2nd. TD Cowen lifted their target price on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Finally, HSBC boosted their target price on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, NextEra Energy currently has a consensus rating of “Moderate Buy” and an average target price of $99.15.

Check Out Our Latest Stock Analysis on NextEra Energy

Insiders Place Their Bets

In other NextEra Energy news, EVP Terrell Kirk Crews II sold 19,672 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $1,775,791.44. Following the completion of the transaction, the executive vice president owned 73,857 shares of the company’s stock, valued at approximately $6,667,071.39. The trade was a 21.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Nicole J. Daggs sold 4,934 shares of the business’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $93.00, for a total value of $458,862.00. Following the completion of the transaction, the executive vice president directly owned 16,905 shares of the company’s stock, valued at approximately $1,572,165. This trade represents a 22.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 31,767 shares of company stock valued at $2,881,077. 0.18% of the stock is owned by insiders.

NextEra Energy Price Performance

Shares of NYSE:NEE opened at $89.66 on Friday. NextEra Energy, Inc. has a fifty-two week low of $63.88 and a fifty-two week high of $98.75. The business has a 50-day simple moving average of $92.77 and a two-hundred day simple moving average of $88.03. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. The firm has a market cap of $186.96 billion, a price-to-earnings ratio of 22.81, a price-to-earnings-growth ratio of 2.59 and a beta of 0.73.

NextEra Energy (NYSE:NEEGet Free Report) last issued its 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 return on equity of 12.25% and a net margin of 29.36%.The business had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. During the same quarter in the previous year, the firm earned $0.99 EPS. NextEra Energy’s revenue was up 7.3% on a year-over-year basis. 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 earnings per share for the current year.

NextEra Energy Company Profile

(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.

See Also

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

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