NextEra Energy, Inc. $NEE Shares Sold by Berkshire Asset Management LLC PA

Berkshire Asset Management LLC PA trimmed its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 27.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,888 shares of the utilities provider’s stock after selling 6,333 shares during the quarter. Berkshire Asset Management LLC PA’s holdings in NextEra Energy were worth $1,356,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC acquired a new stake in NextEra Energy in the fourth quarter worth about $25,000. Anfield Capital Management LLC grew its stake 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 worth $25,000 after acquiring an additional 270 shares during the last quarter. Strive Asset Management LLC acquired a new position in shares of NextEra Energy during the third quarter valued at about $29,000. Quest 10 Wealth Builders Inc. increased 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 purchased a new position in shares of NextEra Energy in the 4th quarter valued at approximately $32,000. 78.72% of the stock is owned by institutional investors and hedge funds.

NextEra Energy Stock Up 0.2%

NEE opened at $86.25 on Wednesday. The company has a fifty day moving average of $90.66 and a two-hundred day moving average of $88.28. The stock has a market capitalization of $179.86 billion, a price-to-earnings ratio of 21.95, a PEG ratio of 2.53 and a beta of 0.68. NextEra Energy, Inc. has a fifty-two week low of $67.20 and a fifty-two week high of $98.75. 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 (NYSE:NEE) last posted its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS 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 firm had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. During the same period last year, the firm earned $0.99 EPS. The company’s quarterly 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. On average, research analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were issued a $0.6232 dividend. This represents a $2.49 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is presently 63.36%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on NEE shares. BMO Capital Markets lowered their target price on shares of NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a research note on Monday, May 18th. BTIG Research restated a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a research note on Friday, April 24th. TD Cowen raised their price target on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a report on Monday, April 27th. HSBC lifted their price objective on shares of 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 boosted their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $99.57.

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.