Coastline Trust Co Buys 6,465 Shares of NextEra Energy, Inc. $NEE

Coastline Trust Co grew its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 91.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,561 shares of the utilities provider’s stock after purchasing an additional 6,465 shares during the period. Coastline Trust Co’s holdings in NextEra Energy were worth $1,089,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NEE. Goodman Advisory Group LLC bought a new stake in NextEra Energy in the second quarter worth $25,000. Tripletail Wealth Management LLC bought a new position in NextEra Energy during the third quarter valued at $25,000. Strive Asset Management LLC bought a new position in shares of NextEra Energy in the 3rd quarter valued at about $29,000. Howard Hughes Medical Institute bought a new stake in NextEra Energy during the second quarter worth approximately $31,000. Finally, Rexford Capital Inc. purchased a new stake in NextEra Energy during the second quarter valued at approximately $34,000. 78.72% of the stock is currently owned by institutional investors.

NextEra Energy Trading Up 1.6%

NEE opened at $92.40 on Friday. The company has a quick ratio of 0.49, a current ratio of 0.60 and a debt-to-equity ratio of 1.35. The stock’s fifty day moving average is $89.39 and its two-hundred day moving average is $83.36. The company has a market capitalization of $192.51 billion, a P/E ratio of 28.08 and a beta of 0.76. NextEra Energy, Inc. has a 52 week low of $61.72 and a 52 week high of $95.91.

NextEra Energy (NYSE:NEE) last issued its earnings results on Tuesday, January 27th. The utilities provider reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.01. NextEra Energy had a return on equity of 12.18% and a net margin of 24.93%.The business had revenue of $6.50 billion during the quarter, compared to analysts’ expectations of $7.07 billion. During the same period in the prior year, the business earned $0.53 EPS. The business’s revenue for the quarter was up 20.7% compared to the same quarter last year. Analysts forecast that NextEra Energy, Inc. will post 3.68 earnings per share for the current year.

NextEra Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were issued a dividend of $0.6232 per share. The ex-dividend date of this dividend was Friday, February 27th. This is a positive change from NextEra Energy’s previous quarterly dividend of $0.57. This represents a $2.49 annualized dividend and a yield of 2.7%. NextEra Energy’s dividend payout ratio is 75.68%.

Analyst Ratings Changes

A number of equities analysts have recently commented on NEE shares. Barclays lifted their target price on NextEra Energy from $84.00 to $85.00 and gave the stock an “equal weight” rating in a report on Thursday, January 15th. UBS Group raised their target price on shares of NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Wall Street Zen raised NextEra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. Seaport Research Partners reduced their price target on NextEra Energy from $56.00 to $55.00 and set a “sell” rating on the stock in a report on Monday, February 2nd. Finally, Mizuho set a $90.00 target price on NextEra Energy and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $94.44.

Insider Buying and Selling at NextEra Energy

In other news, EVP Terrell Kirk Crews II sold 19,672 shares of NextEra Energy stock in a transaction on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $1,775,791.44. Following the transaction, the executive vice president directly owned 73,857 shares in the company, valued at approximately $6,667,071.39. This trade represents a 21.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Treasurer James Michael May sold 7,161 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $90.27, for a total transaction of $646,423.47. Following the completion of the transaction, the treasurer owned 26,719 shares of the company’s stock, valued at $2,411,924.13. This represents a 21.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 190,816 shares of company stock worth $17,075,619. 0.20% of the stock is currently owned by company insiders.

More NextEra Energy News

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

• Positive Sentiment: Institutional investors increased stakes, signaling confidence and providing buying pressure that supports the stock’s gain. NextEra Energy (NYSE:NEE) Gains on Institutional Stake Increase
• Positive Sentiment: Analysts and outlets are pitching NextEra as a long-term dividend play tied to a broader nuclear renaissance, which can attract income-focused investors. This Nuclear Dividend Stock Could Turn $1,000 Into a Lifetime Income Stream
• Positive Sentiment: NEE outperformed a weaker market session, which is drawing short-term momentum buyers and supporting today’s uptick. NextEra Energy (NEE) Gains As Market Dips: What You Should Know
• Neutral Sentiment: Heightened retail and Zacks.com interest has made NEE a “trending” ticker—boosts liquidity and attention but not a fundamental driver by itself. NextEra Energy, Inc. (NEE) Is a Trending Stock
• Neutral Sentiment: Management’s plan to add 15–30 GW (largely gas) to serve data centers could materially grow revenue but raises ESG and capital-intensity questions; investors are re-pricing growth vs. risk. A Look At NextEra Energy (NEE) Valuation As New Data Center Power Buildout Plan Emerges
• Negative Sentiment: NextEra’s planned $2 billion public offering of equity units to fund projects raises short-term dilution concerns and pressured some investors despite funding growth. NextEra Energy, Inc. (NEE) Plans to Sell $2 billion in Equity Units to Fund Energy Projects

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.