Buffalo Business & Estate Services Ltd. Has $4.27 Million Stake in NextEra Energy, Inc. $NEE

Buffalo Business & Estate Services Ltd. boosted its stake in NextEra Energy, Inc. (NYSE:NEE) by 1,638.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 45,983 shares of the utilities provider’s stock after purchasing an additional 43,338 shares during the quarter. Buffalo Business & Estate Services Ltd.’s holdings in NextEra Energy were worth $4,271,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NEE. Laurel Wealth Advisors LLC bought a new stake in NextEra Energy in the 4th quarter valued at about $25,000. Anfield Capital Management LLC boosted its holdings in NextEra Energy by 692.3% in 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 in the last quarter. Wealth Watch Advisors INC boosted its holdings in NextEra Energy by 223.8% in the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 226 shares in the last quarter. Osbon Capital Management LLC acquired a new stake in NextEra Energy in the fourth quarter valued at approximately $27,000. Finally, Strive Asset Management LLC acquired a new stake in NextEra Energy in the third quarter valued at approximately $29,000. 78.72% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. HSBC upped their price objective on shares of NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. TD Cowen boosted 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. Weiss Ratings downgraded shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Jefferies Financial Group upped their target price on shares of NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a report on Tuesday, April 21st. Finally, BMO Capital Markets cut their price target on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a research note on Monday, May 18th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $99.57.

NextEra Energy Stock Performance

NYSE NEE opened at $86.05 on Tuesday. The company has a fifty day moving average price of $90.07 and a 200-day moving average price of $88.31. The firm has a market cap of $179.45 billion, a price-to-earnings ratio of 21.90, a PEG ratio of 2.54 and a beta of 0.68. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. NextEra Energy, Inc. has a 1 year low of $67.20 and a 1 year high of $98.75.

NextEra Energy (NYSE:NEE) last released its quarterly 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 net margin of 29.36% and a return on equity of 12.25%. The company had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. During the same period last year, the firm earned $0.99 earnings per share. The firm’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, equities research analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

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

About NextEra Energy

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.