Moran Wealth Management LLC acquired a new position in NextEra Energy, Inc. (NYSE:NEE - Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 16,727 shares of the utilities provider's stock, valued at approximately $1,468,000.
Several other large investors also recently added to or reduced their stakes in NEE. Walker Asset Management LLC increased its stake in NextEra Energy by 2.2% in the 1st quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider's stock worth $465,000 after acquiring an additional 107 shares during the last quarter. PUREfi Wealth LLC boosted its position in shares of NextEra Energy by 0.9% during the 1st quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider's stock valued at $1,170,000 after acquiring an additional 107 shares during the last quarter. Garrison Point Advisors LLC grew its holdings in shares of NextEra Energy by 0.4% during the fourth quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider's stock worth $2,269,000 after purchasing an additional 109 shares in the last quarter. Cornerstone Planning Group LLC grew its holdings in shares of NextEra Energy by 12.8% during the first quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider's stock worth $94,000 after purchasing an additional 111 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID increased its position in shares of NextEra Energy by 23.2% in the first quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider's stock worth $55,000 after purchasing an additional 112 shares during the last quarter. Institutional investors own 78.72% of the company's stock.
NextEra Energy Stock Performance
NYSE:NEE opened at $84.24 on Wednesday. The business has a 50 day moving average of $87.14 and a 200 day moving average of $89.83. The company has a market capitalization of $175.71 billion, a price-to-earnings ratio of 18.93, a PEG ratio of 2.30 and a beta of 0.67. NextEra Energy, Inc. has a 1-year low of $69.24 and a 1-year high of $98.75. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44.
NextEra Energy (NYSE:NEE - Get Free Report) last issued its earnings results 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 return on equity of 12.28% and a net margin of 32.40%.The business had revenue of $7.53 billion during the quarter, compared to analyst estimates of $8.11 billion. During the same quarter in the prior year, the firm earned $1.05 earnings per share. NextEra Energy's revenue for the quarter was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, sell-side analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.
NextEra Energy Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be paid a $0.6232 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. NextEra Energy's dividend payout ratio is 55.96%.
Analyst Upgrades and Downgrades
Several equities research analysts have issued reports on NEE shares. Mizuho set a $95.00 target price on shares of NextEra Energy in a research report on Monday, July 27th. Wall Street Zen lowered shares of NextEra Energy from a "sell" rating to a "strong sell" rating in a report on Saturday. Weiss Ratings cut shares of NextEra Energy from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, June 11th. JPMorgan Chase & Co. lifted their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the stock an "overweight" rating in a report on Wednesday, May 13th. Finally, Barclays set a $91.00 target price on shares of NextEra Energy and gave the stock an "equal weight" rating in a research report on Tuesday, July 7th. 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 currently has an average rating of "Moderate Buy" and an average price target of $100.33.
Check Out Our Latest Analysis on NEE
NextEra Energy Profile
(
Free Report)
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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