Argent Capital Management LLC Sells 15,862 Shares of NextEra Energy, Inc. $NEE

Argent Capital Management LLC lowered its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 2.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 626,649 shares of the utilities provider’s stock after selling 15,862 shares during the period. NextEra Energy comprises about 1.4% of Argent Capital Management LLC’s holdings, making the stock its 24th largest holding. Argent Capital Management LLC’s holdings in NextEra Energy were worth $50,307,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tripletail Wealth Management LLC bought a new position in NextEra Energy during the third quarter valued at approximately $25,000. Goodman Advisory Group LLC bought a new stake in shares of NextEra Energy in the 2nd quarter worth approximately $25,000. Strive Asset Management LLC purchased a new stake in shares of NextEra Energy in the 3rd quarter valued at $29,000. Howard Hughes Medical Institute bought a new position in shares of NextEra Energy during the 2nd quarter valued at $31,000. Finally, Abound Wealth Management raised its position in NextEra Energy by 108.2% in the 3rd quarter. Abound Wealth Management now owns 456 shares of the utilities provider’s stock worth $34,000 after purchasing an additional 237 shares during the period. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at NextEra Energy

In other NextEra Energy news, Treasurer James Michael May sold 7,161 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $90.27, for a total transaction of $646,423.47. Following the transaction, the treasurer owned 26,719 shares in the company, valued at approximately $2,411,924.13. This represents a 21.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Terrell Kirk Crews II sold 19,672 shares of the company’s 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 completion of the sale, the executive vice president directly owned 73,857 shares in the company, valued at approximately $6,667,071.39. The trade was a 21.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 190,816 shares of company stock worth $17,075,619. Insiders own 0.20% of the company’s stock.

Key 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

Analysts Set New Price Targets

Several research firms have weighed in on NEE. BMO Capital Markets set a $95.00 price target on shares of NextEra Energy in a research note on Thursday, January 29th. Wells Fargo & Company lifted their price objective on NextEra Energy from $97.00 to $98.00 and gave the stock an “overweight” rating in a report on Tuesday, January 20th. Erste Group Bank upgraded NextEra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. Weiss Ratings lowered NextEra Energy from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, February 17th. Finally, Seaport Research Partners decreased their price target on NextEra Energy from $56.00 to $55.00 and set a “sell” rating on the stock in a research note on Monday, February 2nd. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $94.44.

NextEra Energy Price Performance

Shares of NextEra Energy stock opened at $92.40 on Friday. The business has a 50 day moving average of $89.39 and a 200 day moving average of $83.36. NextEra Energy, Inc. has a 52 week low of $61.72 and a 52 week high of $95.91. The company has a market cap of $192.51 billion, a PE ratio of 28.08 and a beta of 0.76. The company has a quick ratio of 0.49, a current ratio of 0.60 and a debt-to-equity ratio of 1.35.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Tuesday, January 27th. The utilities provider reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.01. The business had revenue of $6.50 billion for the quarter, compared to analysts’ expectations of $7.07 billion. NextEra Energy had a net margin of 24.93% and a return on equity of 12.18%. The firm’s revenue for the quarter was up 20.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.53 earnings per share. As a group, equities research analysts forecast that NextEra Energy, Inc. will post 3.68 earnings per share for the current year.

NextEra Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were issued a $0.6232 dividend. This represents a $2.49 annualized dividend and a yield of 2.7%. This is a boost from NextEra Energy’s previous quarterly dividend of $0.57. The ex-dividend date was Friday, February 27th. NextEra Energy’s dividend payout ratio (DPR) is 75.68%.

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.