Smith Chas P & Associates PA Cpas Grows Position in NextEra Energy, Inc. $NEE

Key Points

• Smith Chas P & Associates PA Cpas increased its NextEra Energy stake by 44.3% in the fourth quarter, adding 13,405 shares to bring its total to 43,695 shares worth about $3.51 million.
• NextEra Energy reported Q1 earnings of $1.09 per share, topping analyst expectations of $1.03, though revenue of $6.70 billion came in below estimates. The company also raised its FY 2026 EPS guidance to 3.92-4.02.
• The utility declared a quarterly dividend of $0.6232 per share, equal to an annualized payout of $2.49 and a 2.8% yield. Analysts currently rate the stock a Moderate Buy with an average target price of $99.20.

Smith Chas P & Associates PA Cpas boosted its stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 44.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 43,695 shares of the utilities provider's stock after purchasing an additional 13,405 shares during the period. Smith Chas P & Associates PA Cpas' holdings in NextEra Energy were worth $3,508,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Texas Capital Bank Wealth Management Services Inc raised its holdings in NextEra Energy by 4.0% during the fourth quarter. Texas Capital Bank Wealth Management Services Inc now owns 103,222 shares of the utilities provider's stock valued at $8,287,000 after acquiring an additional 3,960 shares during the period. Geode Capital Management LLC raised its holdings in NextEra Energy by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider's stock valued at $3,781,790,000 after acquiring an additional 966,152 shares during the period. ICW Investment Advisors LLC raised its holdings in NextEra Energy by 1.5% during the fourth quarter. ICW Investment Advisors LLC now owns 23,449 shares of the utilities provider's stock valued at $1,883,000 after acquiring an additional 344 shares during the period. M3 Wealth Management LLC bought a new stake in shares of NextEra Energy in the fourth quarter worth about $910,000. Finally, Collaborative Wealth Managment Inc. purchased a new position in NextEra Energy in the fourth quarter worth about $420,000. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

NextEra Energy Stock Down 0.0%

Shares of NYSE:NEE opened at $87.63 on Thursday. NextEra Energy, Inc. has a 1 year low of $66.77 and a 1 year high of $98.75. The business has a 50 day simple moving average of $92.44 and a two-hundred day simple moving average of $88.20. The firm has a market capitalization of $182.75 billion, a PE ratio of 22.30, a price-to-earnings-growth ratio of 2.57 and a beta of 0.73. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44.

NextEra Energy (NYSE:NEE - Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.03 by $0.06. The firm had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.NextEra Energy's quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.99 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. On average, equities analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, June 5th will be issued a $0.6232 dividend. The ex-dividend date is Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.8%. NextEra Energy's payout ratio is presently 63.36%.

Wall Street Analyst Weigh In

Several research firms recently commented on NEE. Weiss Ratings upgraded NextEra Energy from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday. Morgan Stanley set a $111.00 price target on NextEra Energy in a research report on Thursday, May 21st. HSBC boosted their target price on NextEra Energy from $103.00 to $106.00 and gave the company a "buy" rating in a research report on Tuesday, April 28th. Mizuho boosted their target price on NextEra Energy from $90.00 to $95.00 and gave the company a "neutral" rating in a research report on Wednesday, April 15th. Finally, Evercore restated an "outperform" rating and set a $107.00 target price on shares of NextEra Energy in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, NextEra Energy presently has a consensus rating of "Moderate Buy" and an average target price of $99.20.

Insider Activity at NextEra Energy

In related news, Treasurer James Michael May sold 7,161 shares of the business's stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $646,423.47. Following the completion of the sale, the treasurer owned 26,719 shares in the company, valued at approximately $2,411,924.13. The trade was a 21.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Terrell Kirk Crews II sold 19,672 shares of the business's stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $90.27, for a total value of $1,775,791.44. Following the completion of the sale, the executive vice president owned 73,857 shares of the company's stock, valued at $6,667,071.39. The trade was a 21.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 31,767 shares of company stock worth $2,881,077. Company insiders own 0.18% of the company's stock.

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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