Callan Family Office LLC Acquires New Position in NextEra Energy, Inc. $NEE

Callan Family Office LLC acquired a new stake in NextEra Energy, Inc. (NYSE:NEE - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 59,341 shares of the utilities provider's stock, valued at approximately $5,208,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Laurel Wealth Advisors LLC acquired a new stake in NextEra Energy during the 4th quarter worth $25,000. Anfield Capital Management LLC grew its position in shares of NextEra Energy by 692.3% in the 4th 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 period. Kilter Group LLC bought a new stake in NextEra Energy during the 2nd quarter worth approximately $25,000. Wealth Watch Advisors INC raised its holdings in NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider's stock worth $26,000 after buying an additional 226 shares during the period. Finally, Osbon Capital Management LLC acquired a new stake in NextEra Energy during the 4th quarter worth approximately $27,000. Institutional investors own 78.72% of the company's stock.

Analysts Set New Price Targets

NEE has been the subject of several research analyst reports. Sanford C. Bernstein reiterated an "outperform" rating and issued a $108.00 price target on shares of NextEra Energy in a report on Monday, July 27th. DA Davidson boosted 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. Weiss Ratings lowered shares of NextEra Energy from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, June 11th. Evercore reiterated an "outperform" rating and set a $107.00 target price on shares of NextEra Energy in a report on Monday, May 4th. Finally, Mizuho set a $95.00 price target on NextEra Energy in a research note on Monday, July 27th. Seventeen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, NextEra Energy presently has a consensus rating of "Moderate Buy" and an average price target of $100.33.

NextEra Energy Stock Performance

Shares of NEE opened at $81.74 on Friday. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. The firm has a fifty day simple moving average of $86.95 and a 200 day simple moving average of $89.70. The stock has a market capitalization of $170.49 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 2.24 and a beta of 0.67. 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 (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, topping the consensus estimate of $1.11 by $0.04. The firm had revenue of $7.53 billion for 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 company's revenue for the quarter was up 12.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. 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. Investors of record on Friday, August 28th will be given a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 3.0%. NextEra Energy's dividend payout ratio is 55.96%.

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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