Flputnam Investment Management Co. Sells 6,533 Shares of NextEra Energy, Inc. $NEE

Flputnam Investment Management Co. decreased its holdings in NextEra Energy, Inc. (NYSE:NEE) by 1.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 361,346 shares of the utilities provider’s stock after selling 6,533 shares during the period. Flputnam Investment Management Co.’s holdings in NextEra Energy were worth $29,009,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new position in NextEra Energy in the fourth quarter worth approximately $25,000. Anfield Capital Management LLC raised its stake 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 buying an additional 270 shares in the last quarter. Strive Asset Management LLC bought a new position in NextEra Energy in the third quarter worth approximately $29,000. Quest 10 Wealth Builders Inc. raised its stake in NextEra Energy by 135.4% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock worth $30,000 after buying an additional 218 shares in the last quarter. Finally, Joseph Group Capital Management bought a new position in NextEra Energy in the fourth quarter worth approximately $32,000. Institutional investors own 78.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Scotiabank boosted their price objective on shares of NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a research note on Friday, April 24th. UBS Group boosted their price objective on shares of NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. DA Davidson boosted their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. JPMorgan Chase & Co. boosted their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Finally, TD Cowen boosted their price objective on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $99.20.

Insiders Place Their Bets

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,934 shares of the firm’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $93.00, for a total value of $458,862.00. Following the completion of the transaction, the executive vice president owned 16,905 shares of the company’s stock, valued at approximately $1,572,165. This trade represents a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Terrell Kirk Crews II sold 19,672 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $90.27, for a total transaction of $1,775,791.44. Following the completion of the transaction, the executive vice president directly owned 73,857 shares of the company’s stock, valued at approximately $6,667,071.39. This represents a 21.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 31,767 shares of company stock valued at $2,881,077. Insiders own 0.18% of the company’s stock.

NextEra Energy Trading Down 0.9%

Shares of NextEra Energy stock opened at $87.74 on Wednesday. The firm’s 50 day simple moving average is $92.54 and its two-hundred day simple moving average is $88.16. The firm has a market capitalization of $182.97 billion, a price-to-earnings ratio of 22.33, a PEG ratio of 2.60 and a beta of 0.73. NextEra Energy, Inc. has a 12-month low of $66.77 and a 12-month high of $98.75. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41.

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

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, June 5th will be issued a $0.6232 dividend. The ex-dividend date of this dividend is 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 currently 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.