Aristotle Atlantic Partners LLC Cuts Position in NextEra Energy, Inc. $NEE

Aristotle Atlantic Partners LLC lowered its stake in NextEra Energy, Inc. (NYSE:NEE) by 2.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 288,920 shares of the utilities provider’s stock after selling 8,544 shares during the quarter. Aristotle Atlantic Partners LLC’s holdings in NextEra Energy were worth $23,194,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of NEE. Laurel Wealth Advisors LLC acquired a new stake in shares of NextEra Energy in the fourth quarter valued at about $25,000. Anfield Capital Management LLC boosted its position in NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after buying an additional 270 shares during the last quarter. Wealth Watch Advisors INC boosted its position in NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after buying an additional 226 shares during the last quarter. Strive Asset Management LLC purchased a new position in NextEra Energy in the 3rd quarter valued at about $29,000. Finally, Quest 10 Wealth Builders Inc. boosted its position in NextEra Energy by 135.4% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock valued at $30,000 after buying an additional 218 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Trading Down 0.6%

NEE opened at $85.73 on Thursday. The stock has a market capitalization of $178.78 billion, a PE ratio of 21.82, a P/E/G ratio of 2.53 and a beta of 0.68. The firm’s fifty day moving average price is $90.52 and its 200 day moving average price is $88.28. 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 $67.20 and a 12-month high of $98.75.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The business had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.43 billion. During the same period in the previous year, the business earned $0.99 EPS. The business’s quarterly 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. As a group, research analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders 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 2.9%. The ex-dividend date was Friday, June 5th. NextEra Energy’s payout ratio is 63.36%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on NEE. DA Davidson upped their price objective 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. TD Cowen upped their price objective on shares of NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a research report on Monday, April 27th. BTIG Research reissued a “buy” rating and issued a $112.00 price objective on shares of NextEra Energy in a research report on Friday, April 24th. UBS Group upped their price objective on shares of NextEra Energy from $91.00 to $104.00 and gave the company a “buy” rating in a research report on Thursday, March 5th. Finally, Weiss Ratings cut shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, NextEra Energy currently has a consensus rating of “Moderate Buy” and an average target price of $99.57.

About NextEra Energy

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.