Shepherd Financial Partners LLC Invests $2.78 Million in NextEra Energy, Inc. $NEE

Key Points

• Shepherd Financial Partners acquired 31,716 shares of NextEra Energy worth approximately $2.78 million during the second quarter. Institutional investors collectively own 78.72% of the company.
• Analyst sentiment remains favorable, with 17 Buy ratings and six Holds producing a “Moderate Buy” consensus and an average price target of $100.33, despite some recent downgrades.
• NextEra reported quarterly EPS of $1.15, exceeding estimates, while revenue rose 12.4% year over year to $7.53 billion. The company also announced a quarterly dividend of $0.6232 per share, representing an annualized yield of about 3.0%.

Shepherd Financial Partners LLC acquired a new stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 31,716 shares of the utilities provider's stock, valued at approximately $2,784,000.

A number of other hedge funds also recently bought and sold shares of NEE. Brighton Jones LLC boosted its position in NextEra Energy by 7.0% during the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider's stock valued at $2,028,000 after buying an additional 1,840 shares during the period. Revolve Wealth Partners LLC increased its holdings in shares of NextEra Energy by 6.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider's stock worth $348,000 after buying an additional 298 shares during the period. Acadian Asset Management LLC increased its holdings in shares of NextEra Energy by 38.4% in the first quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider's stock worth $887,000 after buying an additional 3,479 shares during the period. Sivia Capital Partners LLC lifted its stake in shares of NextEra Energy by 18.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider's stock valued at $386,000 after acquiring an additional 852 shares during the last quarter. Finally, United Bank lifted its stake in shares of NextEra Energy by 2.9% in the 2nd quarter. United Bank now owns 15,596 shares of the utilities provider's stock valued at $1,083,000 after acquiring an additional 444 shares during the last quarter. Institutional investors own 78.72% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on NEE shares. JPMorgan Chase & Co. raised their price target on NextEra Energy from $100.00 to $105.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 13th. Wall Street Zen downgraded NextEra Energy from a "sell" rating to a "strong sell" rating in a research report on Saturday, August 22nd. Evercore reissued an "outperform" rating and set a $107.00 price objective on shares of NextEra Energy in a research note on Monday, May 4th. Erste Group Bank cut shares of NextEra Energy from a "buy" rating to a "hold" rating in a report on Thursday, June 25th. Finally, BMO Capital Markets lifted their target price on shares of NextEra Energy from $94.00 to $96.00 and gave the stock an "outperform" rating in a research note on Monday, July 27th. Seventeen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $100.33.

NextEra Energy Stock Down 2.1%

NYSE NEE opened at $81.74 on Friday. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The stock has a market capitalization of $170.49 billion, a PE ratio of 18.37, a PEG ratio of 2.28 and a beta of 0.67. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. The business's 50-day moving average is $86.95 and its 200 day moving average is $89.70.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.04. The firm had revenue of $7.53 billion for the quarter, compared to analysts' expectations of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The business's revenue was up 12.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Sell-side analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be given 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 of this dividend is Friday, August 28th. NextEra Energy's payout ratio is presently 55.96%.

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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