Eurizon SLJ Capital Ltd Purchases New Position in NextEra Energy, Inc. $NEE

Eurizon SLJ Capital Ltd purchased a new stake in NextEra Energy, Inc. (NYSE:NEEFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 6,804 shares of the utilities provider’s stock, valued at approximately $546,000.

Several other large investors have also added to or reduced their stakes in NEE. Laurel Wealth Advisors LLC bought a new position in NextEra Energy in the 4th quarter valued at about $25,000. Anfield Capital Management LLC lifted its position in NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 270 shares in the last quarter. Strive Asset Management LLC bought a new position in NextEra Energy in the 3rd quarter valued at about $29,000. Quest 10 Wealth Builders Inc. lifted its position in NextEra Energy by 135.4% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock valued at $30,000 after acquiring an additional 218 shares in the last quarter. Finally, Joseph Group Capital Management bought a new position in NextEra Energy in the 4th quarter valued at about $32,000. Institutional investors own 78.72% of the company’s stock.

Insider Transactions at NextEra Energy

In other news, Treasurer James Michael May sold 7,161 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $90.27, for a total transaction of $646,423.47. Following the completion of the sale, the treasurer owned 26,719 shares in the company, valued at $2,411,924.13. This trade represents a 21.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Terrell Kirk Crews II sold 19,672 shares of the firm’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 $1,775,791.44. Following the sale, the executive vice president owned 73,857 shares of the company’s stock, valued at approximately $6,667,071.39. The trade was a 21.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 31,767 shares of company stock worth $2,881,077 in the last quarter. Insiders own 0.18% of the company’s stock.

Analyst Upgrades and Downgrades

NEE has been the topic of several recent research reports. DA Davidson raised their price target on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. TD Cowen lifted their target price on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Morgan Stanley set a $111.00 target price on shares of NextEra Energy in a research report on Thursday, May 21st. UBS Group lifted their target price on shares of NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Finally, BTIG Research reissued a “buy” rating and set a $112.00 target price on shares of NextEra Energy in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $99.20.

View Our Latest Analysis on NEE

NextEra Energy Trading Down 0.3%

Shares of NEE stock opened at $86.96 on Friday. The company has a 50 day moving average of $92.25 and a 200-day moving average of $88.22. 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 12-month low of $66.77 and a 12-month high of $98.75. The firm has a market cap of $181.33 billion, a P/E ratio of 22.13, a PEG ratio of 2.56 and a beta of 0.73.

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

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, June 5th will be paid a dividend of $0.6232 per share. The ex-dividend date is Friday, June 5th. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is presently 63.36%.

NextEra Energy Profile

(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.

See Also

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

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