18,075 Shares in NextEra Energy, Inc. $NEE Acquired by Cetera Trust Company N.A

Key Points

• Cetera Trust Company acquired 18,075 shares of NextEra Energy in the second quarter, valued at approximately $1.586 million. Institutional investors collectively own 78.72% of NEE’s outstanding shares.
• Analysts maintain a generally positive view, with 17 Buy ratings and six Holds producing a “Moderate Buy” consensus and an average price target of $100.33.
• NextEra exceeded quarterly earnings expectations with $1.15 EPS versus the $1.11 consensus, while revenue rose 12.4% year over year to $7.53 billion. The company also declared a quarterly dividend of $0.6232, representing a 3.0% annualized yield.

Cetera Trust Company N.A purchased a new stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 18,075 shares of the utilities provider's stock, valued at approximately $1,586,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NEE. Brighton Jones LLC grew its holdings in shares of NextEra Energy by 7.0% during the 4th quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider's stock valued at $2,028,000 after purchasing an additional 1,840 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of NextEra Energy by 6.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider's stock worth $348,000 after purchasing an additional 298 shares during the last quarter. Acadian Asset Management LLC increased its stake in shares of NextEra Energy by 38.4% in the first quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider's stock worth $887,000 after buying an additional 3,479 shares during the period. Sivia Capital Partners LLC boosted its position in NextEra Energy by 18.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider's stock valued at $386,000 after buying an additional 852 shares during the period. Finally, United Bank increased its position in shares of NextEra Energy by 2.9% in the second quarter. United Bank now owns 15,596 shares of the utilities provider's stock valued at $1,083,000 after acquiring an additional 444 shares during the period. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. BMO Capital Markets upped their price target on NextEra Energy from $94.00 to $96.00 and gave the company an "outperform" rating in a research report on Monday, July 27th. Bank of America reduced their price target on shares of NextEra Energy from $95.00 to $93.00 and set a "neutral" rating on the stock in a research report on Monday, July 13th. Wall Street Zen downgraded NextEra Energy from a "sell" rating to a "strong sell" rating in a report on Saturday, August 22nd. DA Davidson upped their price target on NextEra Energy from $95.00 to $105.00 and gave the stock a "buy" rating in a research note on Tuesday, May 5th. Finally, Barclays set a $91.00 target price on NextEra Energy and gave the stock an "equal weight" rating in a research note on Tuesday, July 7th. Seventeen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $100.33.

NextEra Energy Stock Performance

NYSE:NEE opened at $82.46 on Tuesday. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. NextEra Energy, Inc. has a 12-month low of $69.24 and a 12-month high of $98.75. The stock has a 50-day moving average price of $86.88 and a 200 day moving average price of $89.64. The stock has a market capitalization of $172.00 billion, a P/E ratio of 18.53, a P/E/G ratio of 2.24 and a beta of 0.67.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The business had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. During the same period in the prior year, the company posted $1.05 EPS. The firm's revenue for the quarter was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities research analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be paid a $0.6232 dividend. The ex-dividend date is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 3.0%. NextEra Energy's payout ratio is presently 55.96%.

NextEra Energy Profile

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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