Acumen Wealth Advisors LLC Grows Stock Position in NextEra Energy, Inc. $NEE

Acumen Wealth Advisors LLC raised its position in NextEra Energy, Inc. (NYSE:NEEFree Report) by 185.5% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 11,653 shares of the utilities provider’s stock after buying an additional 7,572 shares during the quarter. Acumen Wealth Advisors LLC’s holdings in NextEra Energy were worth $1,082,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of NEE. Indivisible Partners acquired a new position in NextEra Energy during the fourth quarter worth $1,355,000. Carnegie Investment Counsel increased its position in shares of NextEra Energy by 9.4% in 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 in the last quarter. Swedbank AB increased its position in shares of NextEra Energy by 13.4% in 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 in the last quarter. Fisher Funds Management LTD raised its stake in shares of NextEra Energy by 3.5% during the 4th quarter. Fisher Funds Management LTD now owns 619,640 shares of the utilities provider’s stock worth $49,884,000 after buying an additional 20,709 shares during the last quarter. Finally, MGO One Seven LLC raised its stake in shares of NextEra Energy by 12.1% during the 4th quarter. MGO One Seven LLC now owns 137,251 shares of the utilities provider’s stock worth $11,018,000 after buying an additional 14,828 shares during the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Evercore reissued an “outperform” rating and issued a $107.00 price objective on shares of NextEra Energy in a research note on Monday, May 4th. BTIG Research restated a “buy” rating and set a $112.00 price objective on shares of NextEra Energy in a report on Friday, April 24th. HSBC lifted their price objective on NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Scotiabank upped their target price on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Finally, Jefferies Financial Group set a $94.00 price target on NextEra Energy in a research note on Tuesday, July 14th. Two investment 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 company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $99.32.

Get Our Latest Research Report on NextEra Energy

NextEra Energy Trading Down 0.3%

Shares of NEE stock opened at $87.73 on Wednesday. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. NextEra Energy, Inc. has a fifty-two week low of $69.24 and a fifty-two week high of $98.75. The firm’s 50 day moving average price is $87.67 and its two-hundred day moving average price is $89.35. The stock has a market cap of $182.95 billion, a price-to-earnings ratio of 22.32, a price-to-earnings-growth ratio of 2.40 and a beta of 0.67.

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

NextEra Energy Dividend Announcement

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 $0.6232 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 annualized dividend and a yield of 2.8%. NextEra Energy’s dividend payout ratio (DPR) is 63.36%.

NextEra Energy News Roundup

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

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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