Acumen Wealth Advisors LLC Boosts Holdings in NextEra Energy, Inc. $NEE

Acumen Wealth Advisors LLC grew its stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 113.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 24,912 shares of the utilities provider's stock after acquiring an additional 13,259 shares during the quarter. Acumen Wealth Advisors LLC's holdings in NextEra Energy were worth $2,187,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Indivisible Partners acquired a new position in shares of NextEra Energy during the fourth quarter worth about $1,355,000. Czech National Bank boosted its position in shares of NextEra Energy by 4.7% in the second quarter. Czech National Bank now owns 593,568 shares of the utilities provider's stock worth $52,097,000 after buying an additional 26,378 shares during the period. Annex Advisory Services LLC grew its stake in shares of NextEra Energy by 13.9% in the second quarter. Annex Advisory Services LLC now owns 711,009 shares of the utilities provider's stock valued at $62,405,000 after buying an additional 86,585 shares in the last quarter. Swedbank AB grew its stake in shares of NextEra Energy by 13.4% in the fourth quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider's stock valued at $81,615,000 after buying an additional 120,389 shares in the last quarter. Finally, MGO One Seven LLC raised its holdings in shares of NextEra Energy by 12.1% during the 4th quarter. MGO One Seven LLC now owns 137,251 shares of the utilities provider's stock valued at $11,018,000 after buying an additional 14,828 shares during the period. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on NEE. JPMorgan Chase & Co. boosted their target price on shares of NextEra Energy from $100.00 to $105.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 13th. Mizuho set a $95.00 price target on shares of NextEra Energy in a report on Monday, July 27th. HSBC lifted their price target on shares of NextEra Energy from $103.00 to $106.00 and gave the stock a "buy" rating in a research note on Tuesday, April 28th. Bank of America cut their price objective on shares of NextEra Energy from $95.00 to $93.00 and set a "neutral" rating on the stock in a report on Monday, July 13th. Finally, DA Davidson upped their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the company a "buy" rating in a research report on Tuesday, May 5th. Seventeen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, NextEra Energy presently has an average rating of "Moderate Buy" and a consensus price target of $100.33.

NextEra Energy Price Performance

NEE opened at $83.71 on Monday. The company has a market capitalization of $174.60 billion, a P/E ratio of 18.81, a PEG ratio of 2.29 and a beta of 0.67. The company has a 50-day moving average of $87.22 and a 200-day moving average of $89.90. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. NextEra Energy, Inc. has a 1-year low of $69.24 and a 1-year high of $98.75.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping analysts' consensus estimates 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 last year, the firm earned $1.05 earnings per share. The company'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 analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently disclosed 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 annualized dividend and a yield of 3.0%. NextEra Energy's dividend payout ratio (DPR) is 55.96%.

NextEra Energy Company 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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