Fox Run Management L.L.C. Purchases New Holdings in NextEra Energy, Inc. $NEE

Fox Run Management L.L.C. purchased a new stake in shares of NextEra Energy, Inc. (NYSE:NEE) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 11,364 shares of the utilities provider’s stock, valued at approximately $912,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Vanguard Group Inc. increased its position in shares of NextEra Energy by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock valued at $17,343,185,000 after acquiring an additional 2,234,176 shares during the last quarter. Geode Capital Management LLC grew its position in shares of NextEra Energy by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock valued at $3,781,790,000 after acquiring an additional 966,152 shares during the period. Norges Bank bought a new position in shares of NextEra Energy during the 4th quarter valued at approximately $2,816,327,000. Legal & General Group Plc grew its position in shares of NextEra Energy by 2.3% during the 3rd quarter. Legal & General Group Plc now owns 16,787,191 shares of the utilities provider’s stock valued at $1,267,265,000 after acquiring an additional 373,088 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of NextEra Energy by 0.5% during the 4th quarter. Bank of New York Mellon Corp now owns 13,443,132 shares of the utilities provider’s stock valued at $1,079,215,000 after acquiring an additional 66,557 shares during the period. 78.72% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at NextEra Energy

In other news, EVP Nicole J. Daggs sold 4,934 shares of the firm’s stock in a transaction on Friday, March 13th. The stock was 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 directly owned 16,905 shares of the company’s stock, valued at $1,572,165. This trade represents a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.18% of the stock is owned by insiders.

NextEra Energy Price Performance

Shares of NYSE NEE opened at $85.15 on Thursday. The stock has a fifty day simple moving average of $91.24 and a two-hundred day simple moving average of $88.25. NextEra Energy, Inc. has a 1-year low of $67.20 and a 1-year high of $98.75. The firm has a market cap of $177.56 billion, a price-to-earnings ratio of 21.67, a price-to-earnings-growth ratio of 2.49 and a beta of 0.68. 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 announced its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share 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 business had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. During the same period in the prior year, the company earned $0.99 earnings per share. NextEra Energy’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. Analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, June 5th will be issued a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is presently 63.36%.

Analyst Upgrades and Downgrades

NEE has been the subject of a number of research reports. Wall Street Zen downgraded shares of NextEra Energy from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. Morgan Stanley set a $111.00 price objective on NextEra Energy in a report on Thursday, May 21st. HSBC increased their price objective on NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. UBS Group increased their price objective on NextEra Energy from $91.00 to $104.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Finally, Scotiabank increased their price objective on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, NextEra Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.20.

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.