MASTERINVEST Kapitalanlage GmbH lifted its holdings in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 65.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,368 shares of the utilities provider’s stock after purchasing an additional 8,023 shares during the period. MASTERINVEST Kapitalanlage GmbH’s holdings in NextEra Energy were worth $1,892,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently bought and sold shares of the business. Anfield Capital Management LLC grew its holdings in NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares during the period. Laurel Wealth Advisors LLC acquired a new position in shares of NextEra Energy during the 4th quarter worth approximately $25,000. Financial Life Planners acquired a new position in shares of NextEra Energy during the 1st quarter worth approximately $30,000. Wealth Watch Advisors INC lifted its position in shares of NextEra Energy by 223.8% during 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 in the last quarter. Finally, Manning & Napier Advisors LLC lifted its position in shares of NextEra Energy by 104.9% during the 1st quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock valued at $31,000 after buying an additional 172 shares in the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.
NextEra Energy Stock Performance
Shares of NYSE:NEE opened at $89.02 on Thursday. 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 1 year low of $69.24 and a 1 year high of $98.75. The firm has a market capitalization of $185.63 billion, a PE ratio of 22.65, a P/E/G ratio of 2.45 and a beta of 0.67. The business’s 50 day moving average price is $88.11 and its 200-day moving average price is $89.12.
NextEra Energy Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were given a dividend of $0.6232 per share. The ex-dividend date was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a yield of 2.8%. NextEra Energy’s payout ratio is presently 63.36%.
NextEra Energy News Summary
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: NextEra Energy and Dominion Energy filed for regulatory approval of a proposed combination that would create a larger utility platform across Virginia, North Carolina, South Carolina and other growing markets, potentially boosting scale, earnings power and infrastructure growth opportunities. Article: NextEra Energy and Dominion Energy file to combine
- Neutral Sentiment: Reports highlighted the stock’s recent relative strength, with shares outperforming the broader market in the prior session, suggesting momentum may have been supported by optimism around utility demand and the company’s growth profile. Article: NextEra Energy (NEE) Laps the Stock Market: Here’s Why
- Negative Sentiment: Broader industry commentary on rising power demand from data centers and higher electricity bills raised concerns that utilities may face collection risk and pressure from affordability issues, which could weigh on sentiment for the sector. Article: The AI-Driven Rise in Power Bills Are Causing a $25 Billion Problem for Utility Stocks
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on NEE. DA Davidson lifted their price target on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Bank of America decreased their price objective on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a report on Monday. Evercore reiterated an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a research report on Monday, May 4th. Weiss Ratings cut shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Finally, Mizuho boosted their target price on shares of NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $99.64.
Read Our Latest Stock Report on NEE
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.
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