NextEra Energy, Inc. $NEE Position Lifted by Harbour Investments Inc.

Harbour Investments Inc. raised its stake in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) by 66.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 35,900 shares of the utilities provider’s stock after acquiring an additional 14,282 shares during the quarter. Harbour Investments Inc.’s holdings in NextEra Energy were worth $3,034,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Anfield Capital Management LLC boosted its stake in NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 270 shares during the last quarter. Laurel Wealth Advisors LLC bought a new position in NextEra Energy during the 4th quarter valued at $25,000. Quest 10 Wealth Builders Inc. boosted its stake in NextEra Energy by 135.4% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock valued at $30,000 after acquiring an additional 218 shares during the last quarter. Strive Asset Management LLC bought a new position in NextEra Energy during the 3rd quarter valued at $29,000. Finally, Joseph Group Capital Management bought a new position in NextEra Energy during the 4th quarter valued at $32,000. 78.72% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on NEE. DA Davidson increased their target price on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Argus set a $92.00 target price on shares of NextEra Energy and gave the stock a “buy” rating in a report on Wednesday, January 28th. HSBC increased their target price on shares of NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Jefferies Financial Group increased their target price on shares of NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a report on Tuesday, April 21st. Finally, Morgan Stanley set a $111.00 target price on shares of NextEra Energy in a report on Thursday, May 21st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $99.20.

Read Our Latest Analysis on NEE

NextEra Energy Stock Down 0.0%

NEE stock opened at $87.63 on Thursday. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. NextEra Energy, Inc. has a fifty-two week low of $66.77 and a fifty-two week high of $98.75. The firm’s 50-day simple moving average is $92.44 and its 200 day simple moving average is $88.20. The stock has a market cap of $182.75 billion, a PE ratio of 22.30, a price-to-earnings-growth ratio of 2.57 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 earnings per share for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $7.43 billion. During the same quarter last year, the company earned $0.99 EPS. The company’s revenue for the quarter 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. As a group, sell-side analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, June 5th will be 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 of this dividend is Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is 63.36%.

Insider Buying and Selling

In related news, EVP Terrell Kirk Crews II sold 19,672 shares of the stock in a transaction dated 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 $6,667,071.39. This trade represents a 21.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Nicole J. Daggs sold 4,934 shares of the stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $93.00, for a total transaction of $458,862.00. Following the completion of the sale, the executive vice president directly owned 16,905 shares in the company, valued at approximately $1,572,165. This trade represents a 22.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 31,767 shares of company stock valued at $2,881,077 in the last quarter. Company insiders own 0.18% of the company’s stock.

NextEra Energy Company 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.

See Also

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

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