Boston Family Office LLC Sells 5,973 Shares of NextEra Energy, Inc. $NEE

Boston Family Office LLC lessened its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 2.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 271,281 shares of the utilities provider’s stock after selling 5,973 shares during the quarter. NextEra Energy makes up 1.4% of Boston Family Office LLC’s portfolio, making the stock its 20th biggest position. Boston Family Office LLC’s holdings in NextEra Energy were worth $21,778,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NEE. Laurel Wealth Advisors LLC bought a new position in shares of NextEra Energy during the fourth quarter valued at approximately $25,000. Anfield Capital Management LLC raised its holdings in shares of NextEra Energy by 692.3% during the fourth 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 shares of NextEra Energy during the third quarter valued at approximately $29,000. Quest 10 Wealth Builders Inc. raised its holdings in shares of NextEra Energy by 135.4% during the fourth 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 shares of NextEra Energy during the fourth quarter valued at approximately $32,000. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Up 1.3%

NEE stock opened at $85.92 on Friday. NextEra Energy, Inc. has a fifty-two week low of $67.20 and a fifty-two week high of $98.75. The business’s 50-day moving average is $90.94 and its two-hundred day 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. The company has a market cap of $179.18 billion, a price-to-earnings ratio of 21.86, a P/E/G ratio of 2.49 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 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The company had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. During the same quarter in the prior year, the company earned $0.99 earnings per share. NextEra Energy’s revenue was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, June 5th will be issued a $0.6232 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. NextEra Energy’s dividend payout ratio is currently 63.36%.

Wall Street Analysts Forecast Growth

NEE has been the topic of several recent research reports. JPMorgan Chase & Co. upped their price target on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Erste Group Bank raised NextEra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. Mizuho upped their price target on NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. HSBC upped their price target on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Finally, DA Davidson upped their price target on NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, NextEra Energy has a consensus rating of “Moderate Buy” and a consensus target price of $99.20.

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.