BI Asset Management Fondsmaeglerselskab A S Boosts Stock Position in NextEra Energy, Inc. $NEE

BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 0.9% in the fourth quarter, HoldingsChannel reports. The firm owned 752,275 shares of the utilities provider’s stock after buying an additional 6,366 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in NextEra Energy were worth $56,893,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. 3Chopt Investment Partners LLC raised its position in shares of NextEra Energy by 0.8% during the 4th quarter. 3Chopt Investment Partners LLC now owns 14,105 shares of the utilities provider’s stock valued at $1,132,000 after acquiring an additional 114 shares in the last quarter. Isthmus Partners LLC raised its position in shares of NextEra Energy by 1.9% during the 3rd quarter. Isthmus Partners LLC now owns 6,590 shares of the utilities provider’s stock valued at $497,000 after acquiring an additional 120 shares in the last quarter. Williams Jones Wealth Management LLC. raised its position in shares of NextEra Energy by 0.4% during the 3rd quarter. Williams Jones Wealth Management LLC. now owns 30,147 shares of the utilities provider’s stock valued at $2,276,000 after acquiring an additional 125 shares in the last quarter. Westmount Partners LLC grew its stake in NextEra Energy by 1.9% during the 4th quarter. Westmount Partners LLC now owns 6,660 shares of the utilities provider’s stock worth $535,000 after buying an additional 125 shares during the last quarter. Finally, Crew Capital Management Ltd grew its stake in NextEra Energy by 3.9% during the 4th quarter. Crew Capital Management Ltd now owns 3,347 shares of the utilities provider’s stock worth $269,000 after buying an additional 125 shares during the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on NEE. Weiss Ratings upgraded NextEra Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, May 26th. UBS Group boosted their price target on NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. TD Cowen boosted their price target on NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. BMO Capital Markets reduced their price target on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a research report on Monday, May 18th. Finally, Erste Group Bank upgraded NextEra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $99.20.

Insiders Place Their Bets

In other news, Treasurer James Michael May sold 7,161 shares of the company’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $90.27, for a total transaction of $646,423.47. Following the completion of the sale, the treasurer owned 26,719 shares in the company, valued at approximately $2,411,924.13. This represents a 21.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Terrell Kirk Crews II sold 19,672 shares of the company’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $1,775,791.44. Following the sale, the executive vice president owned 73,857 shares of the company’s stock, valued at approximately $6,667,071.39. This trade represents a 21.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 31,767 shares of company stock valued at $2,881,077 in the last three months. Insiders own 0.18% of the company’s stock.

NextEra Energy Stock Up 0.2%

NYSE:NEE opened at $85.86 on Friday. The firm has a market capitalization of $179.05 billion, a price-to-earnings ratio of 21.85, a PEG ratio of 2.51 and a beta of 0.68. NextEra Energy, Inc. has a 1-year low of $67.20 and a 1-year 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. The business’s fifty day moving average price is $91.66 and its 200 day moving average price is $88.22.

NextEra Energy (NYSE:NEE) last issued its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, topping 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 company had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. During the same period in the prior year, the firm posted $0.99 EPS. The business’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. On average, sell-side analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, June 5th will be given a $0.6232 dividend. This represents a $2.49 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Friday, June 5th. NextEra Energy’s dividend payout ratio is presently 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.