NextEra Energy, Inc. $NEE Shares Sold by Dividend Assets Capital LLC

Dividend Assets Capital LLC cut its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 10.3% during the first quarter, Holdings Channel.com reports. The firm owned 153,364 shares of the utilities provider’s stock after selling 17,547 shares during the quarter. NextEra Energy makes up approximately 2.8% of Dividend Assets Capital LLC’s portfolio, making the stock its 5th biggest position. Dividend Assets Capital LLC’s holdings in NextEra Energy were worth $14,244,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of NEE. DGS Capital Management LLC lifted its holdings in NextEra Energy by 24.6% in the first quarter. DGS Capital Management LLC now owns 4,158 shares of the utilities provider’s stock valued at $386,000 after acquiring an additional 821 shares during the last quarter. Ascentis Independent Advisors grew its position in NextEra Energy by 105.9% in the first quarter. Ascentis Independent Advisors now owns 53,614 shares of the utilities provider’s stock worth $4,980,000 after acquiring an additional 27,572 shares during the period. Hardy Reed LLC increased its stake in NextEra Energy by 0.6% during the first quarter. Hardy Reed LLC now owns 23,602 shares of the utilities provider’s stock worth $2,192,000 after acquiring an additional 139 shares during the last quarter. Steigerwald Gordon & Koch Inc. increased its stake in NextEra Energy by 1.3% during the first quarter. Steigerwald Gordon & Koch Inc. now owns 249,408 shares of the utilities provider’s stock worth $23,165,000 after acquiring an additional 3,208 shares during the last quarter. Finally, Raleigh Capital Management Inc. increased its stake in NextEra Energy by 23.1% during the first quarter. Raleigh Capital Management Inc. now owns 1,056 shares of the utilities provider’s stock worth $98,000 after acquiring an additional 198 shares during the last quarter. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NEE has been the topic of several recent analyst reports. Barclays set a $90.00 price target on NextEra Energy and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. Evercore reissued an “outperform” rating and set a $107.00 price objective on shares of NextEra Energy in a research report on Monday, May 4th. JPMorgan Chase & Co. boosted their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. DA Davidson upped their target price on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Finally, BTIG Research reaffirmed a “buy” rating and set a $112.00 target price on shares of NextEra Energy in a research note on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $99.86.

NextEra Energy Stock Down 0.1%

NYSE:NEE opened at $88.24 on Monday. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75. The stock’s fifty day moving average is $89.34 and its two-hundred day moving average is $88.68. The stock has a market capitalization of $184.02 billion, a price-to-earnings ratio of 22.45, a price-to-earnings-growth ratio of 2.59 and a beta of 0.67. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate 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 the consensus estimate of $7.43 billion. During the same quarter in the previous year, the business earned $0.99 EPS. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Research analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were given a $0.6232 dividend. This represents a $2.49 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Friday, June 5th. 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.