Beacon Financial Group Makes New $1.06 Million Investment in NextEra Energy, Inc. $NEE

Beacon Financial Group acquired a new position in shares of NextEra Energy, Inc. (NYSE:NEE) in the 1st quarter, Holdings Channel reports. The fund acquired 11,371 shares of the utilities provider’s stock, valued at approximately $1,056,000.

A number of other large investors have also recently made changes to their positions in the stock. Laurel Wealth Advisors LLC purchased a new position in NextEra Energy in the 4th quarter worth $25,000. Anfield Capital Management LLC lifted its position in NextEra Energy by 692.3% during the 4th 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 period. Wealth Watch Advisors INC grew its stake in NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 226 shares during the last quarter. Osbon Capital Management LLC purchased a new stake in NextEra Energy during the 4th quarter valued at about $27,000. Finally, Strive Asset Management LLC acquired a new position in shares of NextEra Energy in the third quarter valued at about $29,000. 78.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on NEE. Scotiabank raised their price objective on NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a research note on Friday, April 24th. Sanford C. Bernstein set a $107.00 target price on NextEra Energy and gave the company an “outperform” rating in a research report on Tuesday, June 16th. Barclays set a $91.00 price target on shares of NextEra Energy and gave the stock an “equal weight” rating in a report on Tuesday. Morgan Stanley raised their price target on shares of NextEra Energy from $111.00 to $117.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 24th. Finally, 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 research report on Monday, April 27th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.90.

NextEra Energy Stock Performance

NEE opened at $87.89 on Friday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The firm has a fifty day moving average price of $88.56 and a 200 day moving average price of $88.87. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The stock has a market cap of $183.27 billion, a P/E ratio of 22.36, a P/E/G ratio of 2.55 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating the consensus estimate of $1.03 by $0.06. The company had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The firm’s revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the business earned $0.99 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Equities research analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were given a dividend of $0.6232 per share. The ex-dividend date was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.8%. NextEra Energy’s dividend payout ratio (DPR) is 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.