Broderick Brian C Takes $2.88 Million Position in NextEra Energy, Inc. $NEE

Broderick Brian C acquired a new position in NextEra Energy, Inc. (NYSE:NEEFree Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 30,954 shares of the utilities provider’s stock, valued at approximately $2,875,000.

Several other institutional investors have also recently made changes to their positions in the business. Indivisible Partners bought a new stake in shares of NextEra Energy in the fourth quarter worth about $1,355,000. Carnegie Investment Counsel boosted its stake in NextEra Energy by 9.4% during the fourth quarter. Carnegie Investment Counsel now owns 458,141 shares of the utilities provider’s stock valued at $36,780,000 after buying an additional 39,250 shares during the last quarter. Swedbank AB boosted its stake in NextEra Energy by 13.4% during the fourth quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock valued at $81,615,000 after buying an additional 120,389 shares during the last quarter. Fisher Funds Management LTD grew its holdings in NextEra Energy by 3.5% during the 4th quarter. Fisher Funds Management LTD now owns 619,640 shares of the utilities provider’s stock valued at $49,884,000 after buying an additional 20,709 shares in the last quarter. Finally, MGO One Seven LLC grew its holdings in NextEra Energy by 12.1% during the 4th quarter. MGO One Seven LLC now owns 137,251 shares of the utilities provider’s stock valued at $11,018,000 after buying an additional 14,828 shares in the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy News Roundup

Here are the key news stories impacting NextEra Energy this week:

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Bank of America decreased their price objective on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a report on Monday, July 13th. Scotiabank raised their target price on shares of NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a report on Friday, April 24th. Wells Fargo & Company set a $102.00 price target on shares of NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, April 24th. Erste Group Bank downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Finally, BTIG Research reiterated a “buy” rating and set a $112.00 price objective on shares of NextEra Energy in a research report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, NextEra Energy has a consensus rating of “Moderate Buy” and a consensus target price of $99.64.

View Our Latest Analysis on NextEra Energy

NextEra Energy Trading Down 0.1%

Shares of NYSE NEE opened at $88.73 on Monday. NextEra Energy, Inc. has a 1-year low of $69.24 and a 1-year high of $98.75. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The business’s 50 day moving average is $87.94 and its two-hundred day moving average is $89.24. The stock has a market capitalization of $185.04 billion, a P/E ratio of 22.58, a PEG ratio of 2.43 and a beta of 0.67.

NextEra Energy (NYSE:NEEGet Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The business had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. During the same period last year, the company earned $0.99 EPS. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, research analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were given a dividend of $0.6232 per share. The ex-dividend date was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a yield of 2.8%. NextEra Energy’s payout ratio is 63.36%.

About NextEra Energy

(Free Report)

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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Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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