Rep. Richard McCormick Sells Shares of NextEra Energy, Inc. (NYSE:NEE)

Key Points

• Rep. Richard McCormick sold $1,001–$15,000 of NextEra Energy shares on July 30, disclosed August 14, from his GROWTH PARTNERS ROTH IRA. He also reported similarly sized sales in 10 other companies, including McDonald’s, PepsiCo and Johnson & Johnson.
• NextEra Energy reported quarterly EPS of $1.15, above the $1.11 consensus, while revenue of $7.53 billion fell short of estimates. Revenue increased 12.4% year over year, and the company maintained fiscal 2026 EPS guidance of $3.92–$4.02.
• The company declared a quarterly dividend of $0.6232 per share, equivalent to a 2.9% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $99.36, versus a share price of $86.27.

Representative Richard McCormick (Republican-Georgia) recently sold shares of NextEra Energy, Inc. NYSE: NEE. In a filing disclosed on August 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in NextEra Energy stock on July 30th. The trade occurred in the Representative's "GROWTH PARTNERS ROTH IRA" account.

Representative Richard McCormick also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 7/30/2026.
• Sold $1,001 - $15,000 in shares of Medtronic NYSE: MDT on 7/30/2026.
• Sold $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 7/30/2026.
• Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 7/30/2026.
• Sold $1,001 - $15,000 in shares of L3Harris Technologies NYSE: LHX on 7/30/2026.
• Sold $1,001 - $15,000 in shares of Johnson & Johnson NYSE: JNJ on 7/30/2026.
• Sold $1,001 - $15,000 in shares of Intercontinental Exchange NYSE: ICE on 7/30/2026.
• Sold $1,001 - $15,000 in shares of Illinois Tool Works NYSE: ITW on 7/30/2026.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 7/30/2026.
• Sold $1,001 - $15,000 in shares of Emerson Electric NYSE: EMR on 7/30/2026.

NextEra Energy Price Performance

Shares of NEE stock opened at $86.27 on Tuesday. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. NextEra Energy, Inc. has a twelve month low of $69.24 and a twelve month high of $98.75. The company has a market cap of $179.94 billion, a P/E ratio of 19.39, a P/E/G ratio of 2.36 and a beta of 0.67. The business has a fifty day simple moving average of $87.21 and a 200 day simple moving average of $89.97.

NextEra Energy (NYSE:NEE - Get Free Report) last released its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.04. The business had revenue of $7.53 billion for the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.NextEra Energy's revenue was up 12.4% compared to the same quarter last year. During the same period last year, the firm posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, sell-side analysts forecast that NextEra Energy, Inc. will post 4.01 EPS 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. Investors of record on Friday, August 28th will be given a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Friday, August 28th. NextEra Energy's dividend payout ratio is currently 55.96%.

Institutional Trading of NextEra Energy

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Laurel Wealth Advisors LLC bought a new position in shares of NextEra Energy during the fourth quarter worth about $25,000. Anfield Capital Management LLC boosted its holdings in NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider's stock valued at $25,000 after acquiring an additional 270 shares during the last quarter. Kilter Group LLC bought a new stake in NextEra Energy in the second quarter valued at approximately $25,000. Manning & Napier Advisors LLC acquired a new stake in NextEra Energy during the 2nd quarter valued at approximately $26,000. Finally, Wealth Watch Advisors INC increased its position in NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider's stock valued at $26,000 after purchasing an additional 226 shares during the period. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently weighed in on NEE. Morgan Stanley restated an "overweight" rating and issued a $116.00 price target on shares of NextEra Energy in a research note on Wednesday, July 22nd. Sanford C. Bernstein reiterated an "outperform" rating and set a $108.00 price objective on shares of NextEra Energy in a research report on Monday, July 27th. Bank of America dropped their price objective on shares of NextEra Energy from $95.00 to $93.00 and set a "neutral" rating for the company in a research note on Monday, July 13th. BMO Capital Markets upped their price target on shares of NextEra Energy from $94.00 to $96.00 and gave the stock an "outperform" rating in a report on Monday, July 27th. Finally, Mizuho set a $95.00 price target on NextEra Energy in a research note on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $99.36.

About Representative McCormick

Rich McCormick (Republican Party) is a member of the U.S. House, representing Georgia's 7th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. McCormick (Republican Party) is running for re-election to the U.S. House to represent Georgia's 7th Congressional District. He declared candidacy for the 2026 election. Rich McCormick lives in Suwanee, Georgia. McCormick served in the U.S. Marine Corps and the U.S. Navy. He earned an M.B.A. from National University and an M.D. from Morehouse School of Medicine. McCormick's career experience includes working as an emergency medicine physician with Gwinnett Medical Center and Northside Hospital, a Marine officer instructor with Georgia Tech and Morehouse College, and a pilot.

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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