M3 Wealth Management LLC Acquires Shares of 11,333 NextEra Energy, Inc. $NEE

M3 Wealth Management LLC acquired a new stake in shares of NextEra Energy, Inc. (NYSE:NEE) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 11,333 shares of the utilities provider’s stock, valued at approximately $910,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Isthmus Partners LLC grew 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 buying an additional 120 shares during the period. Heritage Wealth Management Inc. grew 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 buying an additional 125 shares during the period. Williams Jones Wealth Management LLC. grew its position in shares of NextEra Energy by 0.4% during the 3rd quarter. Williams Jones Wealth Management LLC. now owns 30,147 shares of the utilities provider’s stock worth $2,276,000 after buying an additional 125 shares during the period. Westmount Partners LLC grew its position in shares of NextEra Energy by 1.9% during the 4th quarter. Westmount Partners LLC now owns 6,660 shares of the utilities provider’s stock worth $535,000 after buying an additional 125 shares during the period. Finally, Crew Capital Management Ltd grew its position in shares of NextEra Energy by 3.9% during the 4th quarter. Crew Capital Management Ltd now owns 3,347 shares of the utilities provider’s stock worth $269,000 after buying an additional 125 shares during the period. 78.72% of the stock is owned by institutional investors.

NextEra Energy Trading Down 0.9%

NYSE NEE opened at $87.74 on Wednesday. The stock has a market capitalization of $182.97 billion, a price-to-earnings ratio of 22.33, a PEG ratio of 2.60 and a beta of 0.73. The stock’s 50 day moving average price is $92.54 and its two-hundred day moving average price is $88.16. 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 52 week low of $66.77 and a 52 week high of $98.75.

NextEra Energy (NYSE:NEE) last released its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating the consensus estimate of $1.03 by $0.06. The firm had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, June 5th will be given a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $2.49 annualized dividend and a dividend yield of 2.8%. NextEra Energy’s payout ratio is 63.36%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted 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. Jefferies Financial Group boosted their target price on NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a research report on Tuesday, April 21st. BMO Capital Markets cut their price objective on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating on the stock in a report on Monday, May 18th. HSBC lifted 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. Finally, The Goldman Sachs Group lifted their price objective on NextEra Energy from $94.00 to $98.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, NextEra Energy presently has a consensus rating of “Moderate Buy” and an average price target of $99.20.

Insiders Place Their Bets

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,934 shares of the business’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 transaction of $458,862.00. Following the transaction, the executive vice president owned 16,905 shares of the company’s stock, valued at $1,572,165. The trade was a 22.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Terrell Kirk Crews II sold 19,672 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $1,775,791.44. Following the transaction, the executive vice president directly owned 73,857 shares in the company, valued at $6,667,071.39. This trade represents a 21.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 31,767 shares of company stock valued at $2,881,077 in the last 90 days. 0.18% of the stock is currently owned by insiders.

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.