Rep. Jefferson Shreve Sells Off Shares of NextEra Energy, Inc. (NYSE:NEE)

Representative Jefferson Shreve (R-Indiana) recently sold shares of NextEra Energy, Inc. (NYSE:NEE). In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $50,001 and $100,000 in NextEra Energy stock on May 12th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Hubbell (NYSE:HUBB) on 5/12/2025.
• Sold $50,001 – $100,000 in shares of Trane Technologies (NYSE:TT) on 5/12/2025.
• Sold $15,001 – $50,000 in shares of RTX (NYSE:RTX) on 5/12/2025.
• Sold $50,001 – $100,000 in shares of NiSource (NYSE:NI) on 5/12/2025.
• Sold $50,001 – $100,000 in shares of Johnson & Johnson (NYSE:JNJ) on 5/12/2025.
• Sold $15,001 – $50,000 in shares of AppLovin (NASDAQ:APP) on 5/12/2025.
• Sold $15,001 – $50,000 in shares of Fiserv (NYSE:FI) on 5/12/2025.
• Sold $15,001 – $50,000 in shares of CNO Financial Group (NYSE:CNO) on 5/12/2025.
• Sold $50,001 – $100,000 in shares of Cboe Global Markets (NASDAQ:CBOE) on 5/12/2025.
• Sold $15,001 – $50,000 in shares of Lam Research (NASDAQ:LRCX) on 5/12/2025.

NextEra Energy Stock Down 0.9%

Shares of NextEra Energy stock opened at $70.41 on Friday. NextEra Energy, Inc. has a 12-month low of $61.72 and a 12-month high of $86.10. The firm has a market capitalization of $144.99 billion, a PE ratio of 24.62, a price-to-earnings-growth ratio of 2.45 and a beta of 0.63. The company has a quick ratio of 0.45, a current ratio of 0.54 and a debt-to-equity ratio of 1.36. The stock’s fifty day moving average is $72.26 and its 200-day moving average is $70.52.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Wednesday, July 23rd. The utilities provider reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. NextEra Energy had a return on equity of 12.31% and a net margin of 22.84%. The firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.52 billion. During the same quarter in the previous year, the company earned $0.96 EPS. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. Equities analysts anticipate that NextEra Energy, Inc. will post 3.68 earnings per share for the current year.

NextEra Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Thursday, August 28th will be given a dividend of $0.5665 per share. The ex-dividend date of this dividend is Thursday, August 28th. This represents a $2.27 dividend on an annualized basis and a dividend yield of 3.2%. NextEra Energy’s payout ratio is 79.37%.

Analysts Set New Price Targets

NEE has been the subject of several research analyst reports. UBS Group reduced their price target on shares of NextEra Energy from $94.00 to $84.00 and set a “buy” rating for the company in a research report on Friday, May 23rd. Wells Fargo & Company cut their target price on shares of NextEra Energy from $102.00 to $97.00 and set an “overweight” rating on the stock in a research note on Thursday, April 24th. Barclays increased their target price on NextEra Energy from $65.00 to $67.00 and gave the company an “equal weight” rating in a report on Thursday, July 10th. Erste Group Bank downgraded NextEra Energy from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 8th. Finally, Morgan Stanley reduced their price objective on NextEra Energy from $95.00 to $94.00 and set an “overweight” rating for the company in a research note on Wednesday, June 18th. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $84.42.

Insider Buying and Selling

In other news, EVP Charles E. Sieving sold 23,684 shares of the company’s stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $70.00, for a total transaction of $1,657,880.00. Following the completion of the sale, the executive vice president owned 196,817 shares in the company, valued at approximately $13,777,190. This represents a 10.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Robert Coffey sold 7,500 shares of the firm’s stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $71.84, for a total value of $538,800.00. Following the completion of the transaction, the executive vice president directly owned 26,539 shares in the company, valued at $1,906,561.76. The trade was a 22.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 33,361 shares of company stock worth $2,365,398. Corporate insiders own 0.20% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Norges Bank bought a new position in NextEra Energy during the fourth quarter valued at approximately $3,484,197,000. GQG Partners LLC increased its stake in shares of NextEra Energy by 58.4% during the 1st quarter. GQG Partners LLC now owns 17,236,502 shares of the utilities provider’s stock worth $1,221,896,000 after purchasing an additional 6,352,798 shares during the last quarter. Boston Partners acquired a new position in shares of NextEra Energy during the 4th quarter worth $244,169,000. Two Sigma Advisers LP bought a new position in shares of NextEra Energy during the 4th quarter valued at $240,269,000. Finally, Amundi lifted its stake in shares of NextEra Energy by 49.8% in the 4th quarter. Amundi now owns 9,543,552 shares of the utilities provider’s stock valued at $676,008,000 after purchasing an additional 3,172,405 shares during the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About NextEra Energy

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.