Arcadia Investment Management Corp MI Decreases Stock Position in NextEra Energy, Inc. $NEE

Arcadia Investment Management Corp MI cut its stake in NextEra Energy, Inc. (NYSE:NEE) by 27.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,451 shares of the utilities provider’s stock after selling 6,307 shares during the period. Arcadia Investment Management Corp MI’s holdings in NextEra Energy were worth $1,321,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Isthmus Partners LLC boosted its holdings in NextEra Energy by 1.9% in the third quarter. Isthmus Partners LLC now owns 6,590 shares of the utilities provider’s stock valued at $497,000 after purchasing an additional 120 shares during the period. Heritage Wealth Management Inc. lifted its holdings in NextEra Energy by 1.0% during the 3rd quarter. Heritage Wealth Management Inc. now owns 12,320 shares of the utilities provider’s stock worth $930,000 after buying an additional 125 shares during the last quarter. Westmount Partners LLC lifted its holdings in NextEra Energy by 1.9% during the 4th quarter. Westmount Partners LLC now owns 6,660 shares of the utilities provider’s stock worth $535,000 after buying an additional 125 shares during the last quarter. Crew Capital Management Ltd lifted its holdings in NextEra Energy by 3.9% during the 4th quarter. Crew Capital Management Ltd now owns 3,347 shares of the utilities provider’s stock worth $269,000 after buying an additional 125 shares during the last quarter. Finally, Marion Wealth Management lifted its holdings in NextEra Energy by 0.6% during the 4th quarter. Marion Wealth Management now owns 21,101 shares of the utilities provider’s stock worth $1,790,000 after buying an additional 125 shares during the last quarter. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

NEE has been the subject of a number of recent analyst reports. Barclays set a $90.00 price target on NextEra Energy and gave the stock an “equal weight” rating in a report on Tuesday, May 26th. Evercore reaffirmed an “outperform” rating and set a $107.00 price target on shares of NextEra Energy in a report on Monday, May 4th. Morgan Stanley set a $111.00 price target on NextEra Energy in a report on Thursday, May 21st. Scotiabank lifted their price target on NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Finally, BTIG Research reaffirmed a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a report on Friday, April 24th. One investment 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 company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $99.20.

NextEra Energy Stock Down 0.1%

NEE opened at $86.96 on Monday. The business’s 50-day simple moving average is $92.25 and its 200-day simple moving average is $88.24. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. NextEra Energy, Inc. has a one year low of $66.77 and a one year high of $98.75. The stock has a market capitalization of $181.33 billion, a P/E ratio of 22.13, a price-to-earnings-growth ratio of 2.55 and a beta of 0.68.

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

NextEra Energy Announces Dividend

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

Insider Activity at NextEra Energy

In related news, EVP Terrell Kirk Crews II sold 19,672 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 value of $1,775,791.44. Following the transaction, the executive vice president owned 73,857 shares in the company, valued at $6,667,071.39. The trade was a 21.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Nicole J. Daggs sold 4,934 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $93.00, for a total value of $458,862.00. Following the transaction, the executive vice president owned 16,905 shares in the company, valued at $1,572,165. The trade was a 22.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 31,767 shares of company stock worth $2,881,077 in the last quarter. Company insiders own 0.18% of the company’s stock.

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.