Trust Co. of Vermont Purchases Shares of 429,130 NextEra Energy, Inc. $NEE

Trust Co. of Vermont purchased a new stake in NextEra Energy, Inc. (NYSE:NEE - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 429,130 shares of the utilities provider's stock, valued at approximately $37,665,000. NextEra Energy accounts for approximately 1.4% of Trust Co. of Vermont's holdings, making the stock its 17th biggest holding.

Other large investors also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in NextEra Energy by 7.0% in the 4th quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider's stock worth $2,028,000 after purchasing an additional 1,840 shares during the period. Revolve Wealth Partners LLC grew its stake in NextEra Energy by 6.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider's stock valued at $348,000 after buying an additional 298 shares during the last quarter. Acadian Asset Management LLC raised its holdings in NextEra Energy by 38.4% in the 1st quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider's stock valued at $887,000 after acquiring an additional 3,479 shares during the period. Sivia Capital Partners LLC raised its holdings in 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 period. Finally, United Bank lifted its position in NextEra Energy by 2.9% during the second quarter. United Bank now owns 15,596 shares of the utilities provider's stock worth $1,083,000 after acquiring an additional 444 shares during the last quarter. Institutional investors own 78.72% of the company's stock.

NextEra Energy Stock Performance

NYSE NEE opened at $84.27 on Thursday. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. The company has a market capitalization of $175.77 billion, a PE ratio of 18.94, a price-to-earnings-growth ratio of 2.30 and a beta of 0.67. The company has a 50-day simple moving average of $87.11 and a 200 day simple moving average of $89.80.

NextEra Energy (NYSE:NEE - Get Free Report) last issued its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping analysts' consensus estimates of $1.11 by $0.04. The firm had revenue of $7.53 billion for the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The business'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, research analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be issued a $0.6232 dividend. The ex-dividend date is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 3.0%. NextEra Energy's payout ratio is 55.96%.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Wall Street Zen downgraded NextEra Energy from a "sell" rating to a "strong sell" rating in a research report on Saturday, August 22nd. HC Wainwright reaffirmed a "buy" rating on shares of NextEra Energy in a report on Monday, July 27th. Bank of America dropped their target price on NextEra Energy from $95.00 to $93.00 and set a "neutral" rating for the company in a report on Monday, July 13th. Morgan Stanley set a $114.00 price objective on NextEra Energy and gave the stock an "overweight" rating in a research report on Friday, August 21st. Finally, Mizuho set a $95.00 price target on shares of NextEra Energy in a research note on Monday, July 27th. Seventeen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $100.33.

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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