Daymark Wealth Partners LLC Increases Stake in NextEra Energy, Inc. $NEE

Key Points

• Daymark Wealth Partners increased its NextEra Energy stake by 23.5% in the second quarter, adding 12,588 shares for a total of 66,221 shares valued at approximately $5.8 million. Institutional investors collectively own 78.72% of the company.
• NextEra Energy reported quarterly earnings of $1.15 per share, exceeding estimates of $1.11, while revenue rose 12.4% year over year to $7.53 billion, below the $8.11 billion consensus forecast.
• The company declared a quarterly dividend of $0.6232 per share, equivalent to an annualized $2.49 dividend and a 3.0% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $100.33.

Daymark Wealth Partners LLC boosted its position in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 23.5% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 66,221 shares of the utilities provider's stock after acquiring an additional 12,588 shares during the period. Daymark Wealth Partners LLC's holdings in NextEra Energy were worth $5,812,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Anfield Capital Management LLC lifted its stake in shares of NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider's stock valued at $25,000 after buying an additional 270 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new position in NextEra Energy in the 4th quarter valued at approximately $25,000. Financial Life Planners bought a new stake in NextEra Energy during the 1st quarter valued at $30,000. 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 valued at $26,000 after acquiring an additional 226 shares during the period. Finally, Manning & Napier Advisors LLC lifted its position in shares of NextEra Energy by 104.9% during the first quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider's stock worth $31,000 after acquiring an additional 172 shares in the last quarter. Institutional investors own 78.72% of the company's stock.

NextEra Energy Stock Performance

Shares of NEE opened at $83.71 on Friday. NextEra Energy, Inc. has a 12-month low of $69.24 and a 12-month high of $98.75. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. The company has a market cap of $174.60 billion, a PE ratio of 18.81, a price-to-earnings-growth ratio of 2.29 and a beta of 0.67. The stock has a 50-day moving average price of $87.22 and a 200-day moving average price of $89.88.

NextEra Energy (NYSE:NEE - Get Free Report) last announced its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, beating analysts' consensus estimates of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The business had revenue of $7.53 billion for the quarter, compared to the consensus estimate of $8.11 billion. During the same period last year, the firm posted $1.05 earnings per share. NextEra Energy's quarterly 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. As a group, equities analysts forecast 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. Stockholders of record on Friday, August 28th will be issued a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy's payout ratio is currently 55.96%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on NEE shares. Morgan Stanley set a $114.00 price target on NextEra Energy and gave the company an "overweight" rating in a research report on Friday. Evercore restated an "outperform" rating and issued a $107.00 target price on shares of NextEra Energy in a research note on Monday, May 4th. Weiss Ratings cut NextEra Energy from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, June 11th. Barclays set a $91.00 price target on shares of NextEra Energy and gave the stock an "equal weight" rating in a report on Tuesday, July 7th. Finally, Jefferies Financial Group set a $94.00 price objective on shares of NextEra Energy in a research note on Tuesday, July 14th. Seventeen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, NextEra Energy presently has a consensus rating of "Moderate Buy" and an average target price of $100.33.

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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