LaFleur & Godfrey LLC Grows Stock Holdings in NextEra Energy, Inc. $NEE

LaFleur & Godfrey LLC increased its position in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) by 6.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 133,761 shares of the utilities provider’s stock after purchasing an additional 7,807 shares during the period. NextEra Energy accounts for approximately 1.3% of LaFleur & Godfrey LLC’s portfolio, making the stock its 27th largest position. LaFleur & Godfrey LLC’s holdings in NextEra Energy were worth $10,738,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of NEE. Isthmus Partners LLC boosted 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 worth $497,000 after acquiring an additional 120 shares in the last quarter. Fingerlakes Wealth Management Inc. increased its holdings in shares of NextEra Energy by 0.8% in the 3rd quarter. Fingerlakes Wealth Management Inc. now owns 16,215 shares of the utilities provider’s stock valued at $1,224,000 after acquiring an additional 124 shares during the last quarter. Heritage Wealth Management Inc. raised its position in shares of NextEra Energy by 1.0% during the 3rd quarter. Heritage Wealth Management Inc. now owns 12,320 shares of the utilities provider’s stock worth $930,000 after acquiring an additional 125 shares in the last quarter. Westmount Partners LLC lifted its stake in NextEra Energy by 1.9% during the fourth quarter. Westmount Partners LLC now owns 6,660 shares of the utilities provider’s stock worth $535,000 after purchasing an additional 125 shares during the last quarter. Finally, Crew Capital Management Ltd lifted its stake in NextEra Energy by 3.9% during the fourth quarter. Crew Capital Management Ltd now owns 3,347 shares of the utilities provider’s stock worth $269,000 after purchasing an additional 125 shares during the last quarter. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NEE has been the subject of a number of research analyst reports. Mizuho upped their price target on NextEra Energy from $90.00 to $95.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Morgan Stanley set a $108.00 price objective on shares of NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, April 17th. Weiss Ratings upgraded shares of NextEra Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, April 27th. The Goldman Sachs Group increased their target price on shares of NextEra Energy from $94.00 to $98.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Finally, TD Cowen lifted their price target 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 assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $98.70.

Read Our Latest Report on NextEra Energy

NextEra Energy Stock Up 0.8%

NEE stock opened at $96.24 on Wednesday. The company has a market cap of $200.68 billion, a price-to-earnings ratio of 24.49, a price-to-earnings-growth ratio of 2.80 and a beta of 0.73. The company has a fifty day moving average price of $92.81 and a 200 day moving average price of $87.26. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. NextEra Energy, Inc. has a 12 month low of $63.88 and a 12 month high of $98.75.

NextEra Energy (NYSE:NEEGet Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.06. The company had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. NextEra Energy’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the firm posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Sell-side analysts expect that NextEra Energy, Inc. will post 4 earnings per share for the current year.

NextEra Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were given a $0.6232 dividend. This is a boost from NextEra Energy’s previous quarterly dividend of $0.57. The ex-dividend date was Friday, February 27th. This represents a $2.49 annualized dividend and a yield of 2.6%. NextEra Energy’s payout ratio is presently 63.36%.

Insider Buying and Selling

In other NextEra Energy news, CEO John W. Ketchum sold 99,603 shares of NextEra Energy stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $89.34, for a total value of $8,898,532.02. Following the transaction, the chief executive officer directly owned 305,933 shares in the company, valued at approximately $27,332,054.22. This trade represents a 24.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Nicole J. Daggs sold 4,934 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president owned 16,905 shares of the company’s stock, valued at $1,572,165. This trade represents a 22.59% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 131,370 shares of company stock worth $11,779,609. Insiders own 0.18% of the company’s stock.

More NextEra Energy News

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NextEra Energy Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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