13,000 Shares in NextEra Energy, Inc. $NEE Acquired by Osprey Private Wealth LLC

Key Points

• Osprey Private Wealth LLC opened a new position in NextEra Energy, buying 13,000 shares valued at about $1.04 million in the fourth quarter.
• Insider selling was notable, with CEO John W. Ketchum and EVP Nicole J. Daggs both selling shares in recent transactions; insiders sold 131,370 shares over the last three months.
• NextEra Energy reported better-than-expected quarterly EPS of $1.09 versus the $1.03 consensus and raised its quarterly dividend to $0.6232 per share, reflecting a 2.7% yield.

Osprey Private Wealth LLC acquired a new position in NextEra Energy, Inc. (NYSE:NEE - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 13,000 shares of the utilities provider's stock, valued at approximately $1,044,000.

Other institutional investors also recently bought and sold shares of the company. Laurel Wealth Advisors LLC purchased a new position in NextEra Energy in the 4th quarter worth approximately $25,000. Anfield Capital Management LLC lifted its position 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 purchasing an additional 270 shares during the last quarter. Strive Asset Management LLC purchased a new stake in shares of NextEra Energy during the third quarter valued at approximately $29,000. Quest 10 Wealth Builders Inc. boosted its stake in shares of NextEra Energy by 135.4% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider's stock valued at $30,000 after purchasing an additional 218 shares during the period. Finally, Joseph Group Capital Management bought a new position in shares of NextEra Energy in the fourth quarter worth approximately $32,000. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at NextEra Energy

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,934 shares of the company's stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $93.00, for a total transaction of $458,862.00. Following the transaction, the executive vice president owned 16,905 shares in the company, valued at approximately $1,572,165. This represents a 22.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO John W. Ketchum sold 99,603 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $89.34, for a total value of $8,898,532.02. Following the completion of the transaction, the chief executive officer directly owned 305,933 shares of the company's stock, valued at $27,332,054.22. This represents a 24.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 131,370 shares of company stock valued at $11,779,609 in the last three months. Corporate insiders own 0.18% of the company's stock.

Wall Street Analysts Forecast Growth

NEE has been the topic of several analyst reports. Jefferies Financial Group lifted their target price on shares of NextEra Energy from $92.00 to $93.00 and gave the stock a "hold" rating in a research note on Tuesday, April 21st. Seaport Research Partners cut their price target on shares of NextEra Energy from $56.00 to $55.00 and set a "sell" rating on the stock in a report on Monday, February 2nd. TD Cowen boosted their price objective on shares of NextEra Energy from $99.00 to $101.00 and gave the company a "buy" rating in a research report on Monday, April 27th. HSBC upped their price objective 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. Finally, Wells Fargo & Company set a $102.00 target price on shares of NextEra Energy and gave the stock an "overweight" rating in a report on Friday, April 24th. One equities research 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 stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $98.70.

NextEra Energy Price Performance

Shares of NextEra Energy stock opened at $93.01 on Friday. The business has a 50 day moving average of $92.78 and a 200 day moving average of $87.40. NextEra Energy, Inc. has a 52 week low of $63.88 and a 52 week high of $98.75. The company has a market cap of $193.97 billion, a PE ratio of 23.67, a P/E/G ratio of 2.73 and a beta of 0.73. 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 (NYSE:NEE - Get Free Report) last issued 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. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. 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 firm earned $0.99 EPS. The company's quarterly revenue 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. As a group, equities research analysts forecast that NextEra Energy, Inc. will post 4 earnings per share for the current year.

NextEra Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were given a dividend of $0.6232 per share. This is an increase from NextEra Energy's previous quarterly dividend of $0.57. This represents a $2.49 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Friday, February 27th. 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.

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