Diversify Wealth Management LLC Increases Position in NextEra Energy, Inc. $NEE

Key Points

• Diversify Wealth Management increased its NextEra Energy position by 29.1% in the second quarter, ending with 96,075 shares valued at approximately $8.5 million. Institutional investors collectively own 78.72% of the company.
• Analysts remain broadly positive, with 17 Buy ratings and six Holds producing a “Moderate Buy” consensus and an average price target of $100.43, despite one recent Sell downgrade.
• NextEra beat quarterly earnings expectations with $1.15 in EPS, while revenue rose 12.4% year over year. The company also announced a quarterly dividend of $0.6232 per share, equivalent to a 2.9% annualized yield.

Diversify Wealth Management LLC increased its holdings in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 29.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 96,075 shares of the utilities provider's stock after acquiring an additional 21,637 shares during the quarter. Diversify Wealth Management LLC's holdings in NextEra Energy were worth $8,534,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NEE. Laurel Wealth Advisors LLC acquired a new position in shares of NextEra Energy in the 4th quarter valued at approximately $25,000. Anfield Capital Management LLC grew its position in shares of 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 in the last quarter. Wealth Watch Advisors INC grew its position in shares of 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 in the last quarter. Osbon Capital Management LLC bought 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 NextEra Energy in the third quarter valued at $29,000. Hedge funds and other institutional investors own 78.72% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on NEE shares. BMO Capital Markets increased their price objective 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. 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. Jefferies Financial Group set a $94.00 price target on shares of NextEra Energy in a research report on Tuesday, July 14th. TD Cowen boosted their price objective on NextEra Energy from $99.00 to $101.00 and gave the company a "buy" rating in a report on Monday, April 27th. Finally, Wall Street Zen cut NextEra Energy from a "hold" rating to a "sell" rating in a research note on Saturday, August 1st. Seventeen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $100.43.

NextEra Energy Trading Down 1.1%

NextEra Energy stock opened at $84.97 on Friday. The firm's 50-day moving average is $87.27 and its 200-day moving average is $89.92. 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. The company has a market cap of $177.23 billion, a P/E ratio of 19.09, a PEG ratio of 2.35 and a beta of 0.67.

NextEra Energy (NYSE:NEE - Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $7.53 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, equities analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

The business also recently announced 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. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. NextEra Energy's dividend payout ratio 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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