Capstone Wealth Management Inc. Buys Shares of 34,542 NextEra Energy, Inc. $NEE

Key Points

• Capstone Wealth Management purchased 34,542 shares of NextEra Energy worth approximately $3.0 million, making NEE its fifth-largest holding at about 2.3% of the portfolio. Institutional investors and hedge funds collectively own 78.72% of the company.
• Analyst sentiment remains positive overall, with 17 Buy ratings and six Hold ratings, producing a consensus “Moderate Buy” rating and an average price target of $100.33, despite several recent downgrades.
• NextEra exceeded quarterly EPS expectations, reporting $1.15 versus $1.11 projected, while revenue rose 12.4% year over year to $7.53 billion. The company also declared a quarterly dividend of $0.6232 per share, representing a 3.0% annualized yield.

Capstone Wealth Management Inc. purchased a new position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 34,542 shares of the utilities provider's stock, valued at approximately $3,002,000. NextEra Energy makes up approximately 2.3% of Capstone Wealth Management Inc.'s investment portfolio, making the stock its 5th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of NEE. Geode Capital Management LLC grew its position in shares of NextEra Energy by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider's stock valued at $3,781,790,000 after buying an additional 966,152 shares during the last quarter. Norges Bank purchased a new stake in NextEra Energy in the 4th quarter valued at approximately $2,816,327,000. Price T Rowe Associates Inc. MD increased its stake in shares of NextEra Energy by 6.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 18,365,788 shares of the utilities provider's stock valued at $1,474,407,000 after acquiring an additional 1,136,074 shares during the last quarter. Deutsche Bank AG raised its holdings in NextEra Energy by 2.9% in the fourth quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider's stock valued at $1,387,347,000 after buying an additional 485,854 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of NextEra Energy by 1.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 17,220,630 shares of the utilities provider's stock valued at $1,382,473,000 after buying an additional 253,273 shares in the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently weighed in on NEE shares. Erste Group Bank lowered shares of NextEra Energy from a "buy" rating to a "hold" rating in a research note on Thursday, June 25th. Wall Street Zen downgraded NextEra Energy from a "sell" rating to a "strong sell" rating in a report on Saturday, August 22nd. Bank of America lowered their price objective 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. Mizuho set a $95.00 price objective on shares of NextEra Energy in a research note on Monday, July 27th. Finally, HC Wainwright reissued a "buy" rating on shares of NextEra Energy in a report on Monday, July 27th. Seventeen investment 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, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $100.33.

NextEra Energy Stock Performance

NEE opened at $82.46 on Tuesday. 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 52-week low of $69.24 and a 52-week high of $98.75. The business's 50-day simple moving average is $86.88 and its 200 day simple moving average is $89.64. The firm has a market capitalization of $172.00 billion, a PE ratio of 18.53, a PEG ratio of 2.24 and a beta of 0.67.

NextEra Energy (NYSE:NEE - Get Free Report) last issued its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm 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 business posted $1.05 earnings per share. The business'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. As a group, sell-side analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share 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 issued 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 is 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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