NextEra Energy (NYSE:NEE) Trading 1.1% Higher – Should You Buy?

Shares of NextEra Energy, Inc. (NYSE:NEEGet Free Report) traded up 1.1% during mid-day trading on Tuesday . The stock traded as high as $90.27 and last traded at $90.0310. 25,310,137 shares changed hands during trading, an increase of 155% from the average session volume of 9,910,543 shares. The stock had previously closed at $89.04.

Key Headlines Impacting NextEra Energy

Here are the key news stories impacting NextEra Energy this week:

Analyst Ratings Changes

Several research analysts recently weighed in on the company. HSBC increased their target price on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. The Goldman Sachs Group increased their target price on NextEra Energy from $94.00 to $98.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. JPMorgan Chase & Co. increased their target price on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. BTIG Research reaffirmed a “buy” rating and issued a $112.00 target price on shares of NextEra Energy in a research report on Friday, April 24th. Finally, Wells Fargo & Company set a $102.00 target price on NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, NextEra Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.15.

Get Our Latest Stock Analysis on NextEra Energy

NextEra Energy Stock Up 1.6%

The firm has a 50-day simple moving average of $92.77 and a 200 day simple moving average of $88.03. 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 company has a market capitalization of $186.96 billion, a PE ratio of 22.81, a price-to-earnings-growth ratio of 2.59 and a beta of 0.73.

NextEra Energy (NYSE:NEEGet Free Report) last released its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 EPS 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 company had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. During the same period last year, the company posted $0.99 earnings per share. The firm’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, research analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Treasurer James Michael May sold 7,161 shares of the stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $646,423.47. Following the completion of the transaction, the treasurer owned 26,719 shares of the company’s stock, valued at approximately $2,411,924.13. This represents a 21.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Terrell Kirk Crews II sold 19,672 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The shares were 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. Over the last 90 days, insiders have sold 31,767 shares of company stock worth $2,881,077. 0.18% of the stock is currently owned by corporate insiders.

Institutional Trading of NextEra Energy

Several institutional investors have recently added to or reduced their stakes in NEE. Anfield Capital Management LLC grew its holdings in NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 270 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new position in NextEra Energy in the fourth quarter worth about $25,000. Financial Life Planners acquired a new position in NextEra Energy in the first quarter worth about $30,000. Wealth Watch Advisors INC grew its stake in NextEra Energy by 223.8% in 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 in the last quarter. Finally, Manning & Napier Advisors LLC grew its stake in NextEra Energy by 104.9% in the first quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 172 shares in the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

About NextEra Energy

(Get 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.

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