Clear Trail Advisors LLC grew its holdings in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 19.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 43,411 shares of the utilities provider’s stock after buying an additional 7,058 shares during the period. Clear Trail Advisors LLC’s holdings in NextEra Energy were worth $4,032,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC purchased a new position in NextEra Energy during the 4th quarter valued at $25,000. Anfield Capital Management LLC increased its position 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 buying an additional 270 shares during the period. Wealth Watch Advisors INC raised its stake 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 buying an additional 226 shares in the last quarter. Osbon Capital Management LLC bought a new position in NextEra Energy in the fourth quarter worth about $27,000. Finally, Strive Asset Management LLC purchased a new stake in NextEra Energy in the third quarter worth about $29,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms recently commented on NEE. Weiss Ratings lowered shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Morgan Stanley set a $111.00 target price on NextEra Energy in a research report on Thursday, May 21st. BMO Capital Markets lowered their price target on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating on the stock in a report on Monday, May 18th. Barclays set a $90.00 price objective on shares of NextEra Energy and gave the stock an “equal weight” rating in a research note on Tuesday, May 26th. Finally, Scotiabank lifted their target price on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. Two 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. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $99.57.
NextEra Energy Price Performance
Shares of NextEra Energy stock opened at $86.05 on Tuesday. 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 $67.20 and a one year high of $98.75. The stock has a market cap of $179.45 billion, a price-to-earnings ratio of 21.90, a price-to-earnings-growth ratio of 2.54 and a beta of 0.68. The stock has a 50 day moving average price of $90.07 and a 200-day moving average price of $88.31.
NextEra Energy (NYSE:NEE – Get Free Report) last released 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. The firm 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 company’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.99 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Equities analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current year.
NextEra Energy Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were issued a $0.6232 dividend. The ex-dividend date was Friday, June 5th. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. NextEra Energy’s payout ratio is currently 63.36%.
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.
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