Marble Wealth LLC Buys New Position in NextEra Energy, Inc. $NEE

Marble Wealth LLC bought a new stake in NextEra Energy, Inc. (NYSE:NEE) during the 4th quarter, Holdings Channel.com reports. The firm bought 9,846 shares of the utilities provider’s stock, valued at approximately $790,000.

Other institutional investors have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC bought a new stake in NextEra Energy in the fourth quarter valued at approximately $25,000. Anfield Capital Management LLC boosted 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 valued at $25,000 after acquiring an additional 270 shares during the last quarter. Strive Asset Management LLC bought a new stake in NextEra Energy in the third quarter valued at approximately $29,000. Quest 10 Wealth Builders Inc. boosted 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 valued at $30,000 after acquiring an additional 218 shares during the last quarter. Finally, Joseph Group Capital Management bought a new stake in NextEra Energy in the fourth quarter valued at approximately $32,000. 78.72% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on NEE shares. BMO Capital Markets reduced their target price on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating on the stock in a report on Monday, May 18th. BTIG Research restated a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a report on Friday, April 24th. Mizuho increased their price target on NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. HSBC increased their price target on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. 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 report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $99.20.

Insider Transactions at NextEra Energy

In other news, Treasurer James Michael May sold 7,161 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $90.27, for a total transaction of $646,423.47. Following the transaction, the treasurer directly owned 26,719 shares of the company’s stock, valued at $2,411,924.13. This represents a 21.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Terrell Kirk Crews II sold 19,672 shares of the company’s stock in a transaction that occurred on 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 transaction, the executive vice president directly owned 73,857 shares in the company, valued at $6,667,071.39. The trade was a 21.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 31,767 shares of company stock valued at $2,881,077 over the last ninety days. 0.18% of the stock is owned by company insiders.

NextEra Energy Price Performance

Shares of NYSE:NEE opened at $84.80 on Thursday. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. NextEra Energy, Inc. has a twelve month low of $67.20 and a twelve month high of $98.75. The stock’s 50 day moving average is $91.89 and its 200-day moving average is $88.23. The firm has a market capitalization of $176.84 billion, a price-to-earnings ratio of 21.58, a PEG ratio of 2.51 and a beta of 0.68.

NextEra Energy (NYSE:NEE) 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 company had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. During the same period in the prior year, the firm earned $0.99 earnings per share. NextEra Energy’s revenue for the quarter was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Sell-side analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders 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 dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, June 5th. NextEra Energy’s dividend payout ratio is presently 63.36%.

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.