414,469 Shares in NextEra Energy, Inc. $NEE Bought by Advisors Capital Management LLC

Advisors Capital Management LLC purchased a new stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 414,469 shares of the utilities provider's stock, valued at approximately $36,378,000.

Other institutional investors also recently bought and sold shares of the company. Walker Asset Management LLC lifted its position in NextEra Energy by 2.2% during 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 during the last quarter. PUREfi Wealth LLC boosted its holdings in NextEra Energy by 0.9% during the 1st quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider's stock valued at $1,170,000 after acquiring an additional 107 shares during the period. Garrison Point Advisors LLC grew its holdings in shares of NextEra Energy by 0.4% in the fourth quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider's stock worth $2,269,000 after purchasing an additional 109 shares during the last quarter. Cornerstone Planning Group LLC grew its stake in NextEra Energy by 12.8% in the 1st quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider's stock worth $94,000 after acquiring an additional 111 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID increased its holdings in NextEra Energy by 23.2% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider's stock worth $55,000 after purchasing an additional 112 shares during the period. 78.72% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Evercore reissued an "outperform" rating and issued a $107.00 price objective on shares of NextEra Energy in a research note on Monday, May 4th. Sanford C. Bernstein restated an "outperform" rating and set a $108.00 price target on shares of NextEra Energy in a research note on Monday, July 27th. Barclays set a $91.00 target price on NextEra Energy and gave the stock an "equal weight" rating in a report on Tuesday, July 7th. Morgan Stanley set a $114.00 price target on shares of NextEra Energy and gave the company an "overweight" rating in a report on Friday, August 21st. Finally, Wall Street Zen lowered shares of NextEra Energy from a "sell" rating to a "strong sell" rating in a report on Saturday, August 22nd. Seventeen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, NextEra Energy presently has an average rating of "Moderate Buy" and an average price target of $100.33.

NextEra Energy Stock Performance

NYSE NEE opened at $81.74 on Friday. The company has a market cap of $170.49 billion, a P/E ratio of 18.37, a P/E/G ratio of 2.28 and a beta of 0.67. NextEra Energy, Inc. has a 1-year low of $69.24 and a 1-year high of $98.75. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. The stock has a 50-day moving average of $86.95 and a two-hundred day moving average of $89.70.

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

NextEra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be paid a dividend of $0.6232 per share. The ex-dividend date is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a yield of 3.0%. NextEra Energy's dividend payout ratio is currently 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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