Chancellor Financial Group WB LP Purchases Shares of 40,505 NextEra Energy, Inc. $NEE

Key Points

• Chancellor Financial Group WB LP initiated a position in NextEra Energy by purchasing 40,505 shares valued at approximately $3.6 million, making NEE about 2.2% of its portfolio. Institutional investors collectively own 78.72% of the company.
• Analyst sentiment remains favorable, with 17 Buy ratings and six Holds, producing a consensus “Moderate Buy” rating and an average price target of $100.33.
• NextEra Energy exceeded quarterly earnings expectations with EPS of $1.15 versus the $1.11 consensus, while revenue rose 12.4% year over year. The company also declared a quarterly dividend of $0.6232 per share, representing an annualized yield of about 3.0%.

Chancellor Financial Group WB LP purchased a new position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 40,505 shares of the utilities provider's stock, valued at approximately $3,555,000. NextEra Energy comprises about 2.2% of Chancellor Financial Group WB LP's portfolio, making the stock its 8th biggest position.

A number of other large investors also recently modified their holdings of NEE. Laurel Wealth Advisors LLC purchased a new position in NextEra Energy in the fourth quarter valued at approximately $25,000. Anfield Capital Management LLC grew its stake in NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider's stock worth $25,000 after buying an additional 270 shares during the period. Wealth Watch Advisors INC grew its stake in NextEra Energy by 223.8% during the fourth 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. Osbon Capital Management LLC acquired a new stake in shares of NextEra Energy in the fourth quarter worth $27,000. Finally, Strive Asset Management LLC acquired a new stake in shares of NextEra Energy in the third quarter worth $29,000. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently commented on NEE shares. BMO Capital Markets raised their target price on shares of NextEra Energy from $94.00 to $96.00 and gave the company an "outperform" rating in a research note on Monday, July 27th. Mizuho set a $95.00 price target on NextEra Energy in a report on Monday, July 27th. Weiss Ratings lowered NextEra Energy from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, June 11th. DA Davidson raised their price objective on NextEra Energy from $95.00 to $105.00 and gave the company a "buy" rating in a research report on Tuesday, May 5th. Finally, HC Wainwright restated a "buy" rating on shares of NextEra Energy in a research note on Monday, July 27th. Seventeen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, NextEra Energy presently has a consensus rating of "Moderate Buy" and an average target price of $100.33.

NextEra Energy Price Performance

NEE stock opened at $83.51 on Friday. The stock's 50 day moving average is $87.05 and its two-hundred day moving average is $89.75. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75. The company has a market capitalization of $174.18 billion, a PE ratio of 18.77, a P/E/G ratio of 2.30 and a beta of 0.67. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45.

NextEra Energy (NYSE:NEE - Get Free Report) last released its 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 net margin of 32.40% and a return on equity of 12.28%. The company had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter in the previous year, the firm earned $1.05 EPS. The company's revenue was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The business 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. This represents a $2.49 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy's dividend 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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