Rep. Rick Larsen Sells Off Shares of NextEra Energy, Inc. (NYSE:NEE)

Representative Rick Larsen (D-Washington) recently sold shares of NextEra Energy, Inc. (NYSE:NEE). In a filing disclosed on April 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in NextEra Energy stock on April 9th.

Representative Rick Larsen also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of American Express (NYSE:AXP) on 4/9/2025.

NextEra Energy Stock Down 3.0 %

Shares of NYSE NEE opened at $65.64 on Thursday. The company has a market capitalization of $135.13 billion, a P/E ratio of 19.48, a P/E/G ratio of 2.45 and a beta of 0.58. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.47 and a quick ratio of 0.38. The company has a 50 day simple moving average of $69.78 and a 200-day simple moving average of $73.56. NextEra Energy, Inc. has a 1 year low of $61.72 and a 1 year high of $86.10.

NextEra Energy (NYSE:NEE) last posted its earnings results on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, meeting analysts’ consensus estimates of $0.53. NextEra Energy had a return on equity of 11.85% and a net margin of 28.06%. On average, equities research analysts predict that NextEra Energy, Inc. will post 3.68 earnings per share for the current year.

NextEra Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Friday, February 28th were paid a dividend of $0.5665 per share. The ex-dividend date of this dividend was Friday, February 28th. This is an increase from NextEra Energy’s previous quarterly dividend of $0.52. This represents a $2.27 dividend on an annualized basis and a yield of 3.45%. NextEra Energy’s payout ratio is 67.06%.

Institutional Investors Weigh In On NextEra Energy

A number of hedge funds have recently bought and sold shares of NEE. Empowered Funds LLC lifted its stake in NextEra Energy by 14.7% in the fourth quarter. Empowered Funds LLC now owns 45,566 shares of the utilities provider’s stock worth $3,267,000 after acquiring an additional 5,831 shares during the last quarter. Empower Advisory Group LLC raised its holdings in shares of NextEra Energy by 2.3% in the 4th quarter. Empower Advisory Group LLC now owns 1,823,327 shares of the utilities provider’s stock valued at $130,714,000 after purchasing an additional 41,328 shares in the last quarter. Nordea Investment Management AB lifted its position in shares of NextEra Energy by 20.9% during the 4th quarter. Nordea Investment Management AB now owns 8,833,725 shares of the utilities provider’s stock worth $634,703,000 after purchasing an additional 1,525,436 shares during the last quarter. Czech National Bank grew its stake in shares of NextEra Energy by 6.5% during the fourth quarter. Czech National Bank now owns 445,870 shares of the utilities provider’s stock worth $31,964,000 after purchasing an additional 27,340 shares in the last quarter. Finally, ST Germain D J Co. Inc. increased its holdings in NextEra Energy by 5.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 171,735 shares of the utilities provider’s stock valued at $12,312,000 after buying an additional 9,425 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Insider Buying and Selling at NextEra Energy

In other NextEra Energy news, CAO James Michael May sold 2,383 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $68.09, for a total value of $162,258.47. Following the transaction, the chief accounting officer now directly owns 27,427 shares in the company, valued at $1,867,504.43. This represents a 7.99 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.18% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Jefferies Financial Group dropped their price target on shares of NextEra Energy from $81.00 to $77.00 in a research report on Monday, January 27th. Morgan Stanley dropped their target price on shares of NextEra Energy from $97.00 to $94.00 and set an “overweight” rating for the company in a report on Wednesday. BMO Capital Markets decreased their price target on NextEra Energy from $84.00 to $77.00 and set an “outperform” rating on the stock in a research note on Monday. Guggenheim reaffirmed a “buy” rating and issued a $89.00 price objective on shares of NextEra Energy in a research note on Thursday, March 20th. Finally, Evercore ISI cut their price objective on NextEra Energy from $84.00 to $79.00 and set an “in-line” rating on the stock in a report on Monday, January 27th. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $85.15.

About Representative Larsen

Rick Larsen (Democratic Party) is a member of the U.S. House, representing Washington’s 2nd Congressional District. He assumed office on January 3, 2001. His current term ends on January 3, 2027.

Larsen (Democratic Party) is running for re-election to the U.S. House to represent Washington’s 2nd Congressional District. He declared candidacy for the 2026 election.

Since at least 2011, Larsen has been assigned to the Committee on Armed Services and the Committee on Transportation and Infrastructure.

Larsen’s first position as an elected official was in 1998 as a member of the Snohomish County Council.

Larsen earned his bachelor’s degree from Pacific Lutheran University. After earning his master’s degree in public affairs from the University of Minnesota, Larsen worked as the director of public affairs for the Washington State Dental Association and then as an economic development official with the Port of Everett. He went on to serve on the Snohomish County Council before seeking election to the U.S. House.

NextEra Energy Company Profile

NextEra Energy, Inc, through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.