Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 45.2% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 29,760 shares of the utilities provider’s stock after acquiring an additional 9,265 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in NextEra Energy were worth $2,764,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in NEE. Brighton Jones LLC boosted its holdings in NextEra Energy by 7.0% in the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock valued at $2,028,000 after purchasing an additional 1,840 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in NextEra Energy by 6.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock worth $348,000 after purchasing an additional 298 shares in the last quarter. Acadian Asset Management LLC raised its holdings in NextEra Energy by 38.4% during the first quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider’s stock worth $887,000 after purchasing an additional 3,479 shares in the last quarter. Sivia Capital Partners LLC lifted its position in shares of NextEra Energy by 18.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider’s stock worth $386,000 after buying an additional 852 shares during the last quarter. Finally, United Bank lifted its position in shares of NextEra Energy by 2.9% during the 2nd quarter. United Bank now owns 15,596 shares of the utilities provider’s stock worth $1,083,000 after buying an additional 444 shares during the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.
More NextEra Energy News
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: Zacks highlighted NextEra Energy’s recent outperformance versus the broader market, likely reflecting investor confidence in the utility’s earnings resilience and defensive profile. NextEra Energy (NEE) Laps the Stock Market: Here’s Why
- Positive Sentiment: Analysts continue to view NextEra as positioned to benefit from surging power demand tied to AI and data centers, which could support long-term utility growth and investment in grid expansion.
- Positive Sentiment: Recent coverage also noted that NextEra has a history of beating earnings estimates, reinforcing expectations for steady execution when it reports results. Will NextEra (NEE) Beat Estimates Again in Its Next Earnings Report?
- Neutral Sentiment: Bank of America trimmed its price target on NextEra Energy to $93 from $95 while keeping a neutral rating, which signals continued caution but still implies limited upside from recent trading levels.
- Neutral Sentiment: Several articles discussed broader utility-sector themes, including renewable investment, nuclear restarts, and ETF stability, but they did not provide company-specific catalysts for NEE.
- Negative Sentiment: Rising power bills, grid strain, and unpaid utility bills tied to AI-driven electricity demand could pressure the utility sector overall, even if they also create growth opportunities for well-positioned utilities like NextEra. The AI-Driven Rise in Power Bills Are Causing a $25 Billion Problem for Utility Stocks
Analyst Upgrades and Downgrades
Get Our Latest Analysis on NextEra Energy
NextEra Energy Trading Up 1.4%
NYSE NEE opened at $89.58 on Wednesday. The stock has a market capitalization of $186.80 billion, a P/E ratio of 22.79, a P/E/G ratio of 2.59 and a beta of 0.67. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75. The firm has a 50-day moving average price of $88.24 and a 200 day moving average price of $89.06. 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 – Get Free Report) last announced its quarterly earnings data 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 net margin of 29.36% and a return on equity of 12.25%. The firm had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.43 billion. During the same quarter last year, the firm earned $0.99 earnings per share. The firm’s 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. Equities research analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current year.
NextEra Energy Announces Dividend
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. This represents a $2.49 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is currently 63.36%.
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.
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