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

Argent Capital Management LLC cut its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 2.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 626,649 shares of the utilities provider’s stock after selling 15,862 shares during the quarter. NextEra Energy comprises approximately 1.4% of Argent Capital Management LLC’s portfolio, making the stock its 24th biggest position. Argent Capital Management LLC’s holdings in NextEra Energy were worth $50,307,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of NEE. Goodman Advisory Group LLC bought a new stake in shares of NextEra Energy during the second quarter valued at approximately $25,000. Tripletail Wealth Management LLC bought a new position in NextEra Energy in the 3rd quarter valued at approximately $25,000. Strive Asset Management LLC purchased a new stake in NextEra Energy during the 3rd quarter valued at $29,000. Howard Hughes Medical Institute bought a new stake in shares of NextEra Energy in the 2nd quarter worth $31,000. Finally, Rexford Capital Inc. purchased a new stake in shares of NextEra Energy during the second quarter valued at $34,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy News Summary

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

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. UBS Group boosted their target price on NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Wells Fargo & Company increased their price objective on shares of NextEra Energy from $97.00 to $98.00 and gave the company an “overweight” rating in a research report on Tuesday, January 20th. BMO Capital Markets set a $95.00 target price on shares of NextEra Energy in a report on Thursday, January 29th. Erste Group Bank upgraded NextEra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. Finally, Wolfe Research lifted their price objective on NextEra Energy from $87.00 to $94.00 and gave the stock an “outperform” rating in a report on Monday, December 1st. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $94.44.

Insider Transactions at NextEra Energy

In related news, CEO John W. Ketchum sold 99,603 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $89.34, for a total value of $8,898,532.02. Following the completion of the transaction, the chief executive officer owned 305,933 shares of the company’s stock, valued at approximately $27,332,054.22. This represents a 24.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Treasurer James Michael May sold 7,161 shares of the stock in a transaction on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $646,423.47. Following the completion of the sale, the treasurer owned 26,719 shares of the company’s stock, valued at $2,411,924.13. The trade was a 21.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 190,816 shares of company stock valued at $17,075,619. Company insiders own 0.20% of the company’s stock.

NextEra Energy Stock Performance

Shares of NEE opened at $92.40 on Friday. The business has a 50-day simple moving average of $89.39 and a two-hundred day simple moving average of $83.36. 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, Inc. has a 52 week low of $61.72 and a 52 week high of $95.91. The stock has a market cap of $192.51 billion, a price-to-earnings ratio of 28.08 and a beta of 0.76.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Tuesday, January 27th. The utilities provider reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.01. The firm had revenue of $6.50 billion for the quarter, compared to analysts’ expectations of $7.07 billion. NextEra Energy had a return on equity of 12.18% and a net margin of 24.93%.The business’s quarterly revenue was up 20.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.53 EPS. On average, analysts expect that NextEra Energy, Inc. will post 3.68 EPS for the current year.

NextEra Energy Increases Dividend

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

NextEra Energy 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.