IFC Advisors LLC Grows Stake in NextEra Energy, Inc. $NEE

IFC Advisors LLC increased its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 11.9% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 60,442 shares of the utilities provider’s stock after purchasing an additional 6,438 shares during the quarter. NextEra Energy accounts for 0.8% of IFC Advisors LLC’s investment portfolio, making the stock its 25th biggest holding. IFC Advisors LLC’s holdings in NextEra Energy were worth $5,614,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Arbejdsmarkedets Tillaegspension purchased a new position in shares of NextEra Energy in the first quarter valued at $25,685,000. Y.D. More Investments Ltd boosted its position in shares of NextEra Energy by 56.8% in the 1st quarter. Y.D. More Investments Ltd now owns 6,030 shares of the utilities provider’s stock worth $560,000 after buying an additional 2,185 shares in the last quarter. J. Safra Sarasin Holding AG grew its stake in NextEra Energy by 17.8% in the 1st quarter. J. Safra Sarasin Holding AG now owns 47,001 shares of the utilities provider’s stock valued at $4,365,000 after acquiring an additional 7,094 shares during the last quarter. Tradewinds LLC. grew its stake in NextEra Energy by 1.9% in the 1st quarter. Tradewinds LLC. now owns 12,244 shares of the utilities provider’s stock valued at $1,187,000 after acquiring an additional 232 shares during the last quarter. Finally, Procyon Advisors LLC increased its holdings in NextEra Energy by 5.8% during the 1st quarter. Procyon Advisors LLC now owns 19,538 shares of the utilities provider’s stock valued at $1,815,000 after acquiring an additional 1,067 shares in the last quarter. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NEE has been the topic of several research reports. DA Davidson increased their price target on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Sanford C. Bernstein set a $107.00 target price on NextEra Energy and gave the company an “outperform” rating in a research note on Tuesday, June 16th. Jefferies Financial Group increased their target price on NextEra Energy from $92.00 to $93.00 and gave the company a “hold” rating in a report on Tuesday, April 21st. Mizuho boosted their price target on NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Finally, HSBC upped their price objective on NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $99.90.

NextEra Energy Stock Down 0.1%

NEE opened at $87.89 on Monday. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. The business has a 50-day moving average of $88.56 and a two-hundred day moving average of $88.93. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The stock has a market capitalization of $183.27 billion, a price-to-earnings ratio of 22.36, a price-to-earnings-growth ratio of 2.58 and a beta of 0.67.

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, topping the consensus estimate of $1.03 by $0.06. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The business 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 company’s revenue was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. On average, research analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were issued a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is 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.