Oakwell Private Wealth Management LLC Purchases Shares of 11,410 NextEra Energy, Inc. $NEE

Oakwell Private Wealth Management LLC acquired a new position in NextEra Energy, Inc. (NYSE:NEE) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 11,410 shares of the utilities provider’s stock, valued at approximately $1,001,000. NextEra Energy comprises approximately 0.2% of Oakwell Private Wealth Management LLC’s portfolio, making the stock its 26th biggest holding.

Other hedge funds have also modified their holdings of the company. Anfield Capital Management LLC raised its stake in NextEra Energy by 692.3% during 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 in the last quarter. Laurel Wealth Advisors LLC purchased a new position in shares of NextEra Energy in the 4th quarter worth $25,000. Financial Life Planners purchased a new position in shares of NextEra Energy in the 1st quarter worth $30,000. Wealth Watch Advisors INC increased its holdings in shares of NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after buying an additional 226 shares during the last quarter. Finally, Manning & Napier Advisors LLC increased its holdings in shares of NextEra Energy by 104.9% in the 1st quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock worth $31,000 after buying an additional 172 shares during the last quarter. 78.72% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on NEE. Barclays set a $91.00 price target on shares of NextEra Energy and gave the company an “equal weight” rating in a report on Tuesday, July 7th. HC Wainwright reissued a “buy” rating on shares of NextEra Energy in a research note on Monday, July 27th. BMO Capital Markets upped their price objective on NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. Morgan Stanley set a $114.00 price objective on NextEra Energy and gave the company an “overweight” rating in a research note on Friday. Finally, JPMorgan Chase & Co. raised their price objective on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. Seventeen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $100.33.

NextEra Energy Stock Performance

NextEra Energy stock opened at $83.71 on Monday. NextEra Energy, Inc. has a fifty-two week low of $69.24 and a fifty-two week high of $98.75. The company has a market capitalization of $174.60 billion, a PE ratio of 18.81, a P/E/G ratio of 2.29 and a beta of 0.67. The company has a 50 day moving average price of $87.22 and a 200-day moving average price of $89.90. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The business had revenue of $7.53 billion for the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter in the prior year, the company earned $1.05 EPS. The business’s revenue was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be given a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is 55.96%.

NextEra Energy Company 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.