BCS Wealth Management Has $878,000 Stake in NextEra Energy, Inc. $NEE

BCS Wealth Management cut its position in NextEra Energy, Inc. (NYSE:NEE) by 46.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,451 shares of the utilities provider’s stock after selling 8,357 shares during the quarter. BCS Wealth Management’s holdings in NextEra Energy were worth $878,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Laurel Wealth Advisors LLC acquired a new stake in shares of NextEra Energy during the 4th quarter worth approximately $25,000. Anfield Capital Management LLC raised its position in NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares in the last quarter. Wealth Watch Advisors INC lifted its stake in NextEra Energy by 223.8% during the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 226 shares during the last quarter. Osbon Capital Management LLC bought a new stake in NextEra Energy during the fourth quarter worth $27,000. Finally, Strive Asset Management LLC bought a new stake in NextEra Energy during the third quarter worth $29,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Stock Performance

NYSE NEE opened at $86.54 on Wednesday. The firm’s fifty day moving average price is $89.91 and its two-hundred day moving average price is $88.32. The stock has a market cap of $180.47 billion, a PE ratio of 22.02, a PEG ratio of 2.52 and a beta of 0.68. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. NextEra Energy, Inc. has a fifty-two week low of $67.20 and a fifty-two week high of $98.75.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results 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 return on equity of 12.25% and a net margin of 29.36%.The company had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.43 billion. During the same period in the prior year, the company earned $0.99 EPS. 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. On average, equities analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on NEE. Mizuho lifted their price target on NextEra Energy from $90.00 to $95.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. Wells Fargo & Company set a $102.00 price objective on NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, April 24th. Weiss Ratings lowered NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. TD Cowen lifted their target price on NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Finally, Sanford C. Bernstein set a $107.00 target price on NextEra Energy and gave the stock an “outperform” rating in a research note on Tuesday, June 16th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, NextEra Energy has an average rating of “Moderate Buy” and a consensus price target of $99.57.

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.