S.E.E.D. Planning Group LLC Buys 11,771 Shares of NextEra Energy, Inc. $NEE

S.E.E.D. Planning Group LLC grew its position in NextEra Energy, Inc. (NYSE:NEE) by 7.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 173,654 shares of the utilities provider’s stock after purchasing an additional 11,771 shares during the quarter. NextEra Energy makes up approximately 3.1% of S.E.E.D. Planning Group LLC’s portfolio, making the stock its 13th largest holding. S.E.E.D. Planning Group LLC’s holdings in NextEra Energy were worth $13,153,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of NEE. Kilter Group LLC acquired a new position in NextEra Energy in the 2nd quarter valued at $25,000. Manning & Napier Advisors LLC acquired a new position in NextEra Energy during the 2nd quarter worth $26,000. Pin Oak Investment Advisors Inc. bought a new stake in NextEra Energy during the second quarter valued at about $26,000. Osbon Capital Management LLC acquired a new stake in shares of NextEra Energy in the fourth quarter valued at about $27,000. Finally, Financial Life Planners acquired a new stake in shares of NextEra Energy in the first quarter valued at about $30,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Barclays set a $91.00 price objective on NextEra Energy and gave the stock an “equal weight” rating in a research report on Tuesday, July 7th. Bank of America cut their price target on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a report on Monday, July 13th. Morgan Stanley reduced their price objective on NextEra Energy from $114.00 to $111.00 and set an “overweight” rating for the company in a research report on Friday, September 18th. Seaport Research Partners reaffirmed a “sell” rating and set a $56.00 target price (up from $55.00) on shares of NextEra Energy in a research report on Friday. Finally, Scotiabank cut their target price on shares of NextEra Energy from $110.00 to $99.00 and set an “outperform” rating for the company in a research note on Wednesday, September 30th. Eighteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $98.95.

Key NextEra Energy News

Here are the key news stories impacting NextEra Energy this week:

• Positive Sentiment: NextEra, affiliated companies and Lewis Energy Group were selected to develop Project Star, a more than $22 billion energy campus in Encinal, Texas. The project is expected to include approximately 6.47 gigawatts of generation capacity, potentially creating substantial long-term growth opportunities for NextEra’s power-generation and infrastructure businesses. NextEra Just Landed a $22 Billion Project
• Positive Sentiment: Analysts expect NextEra’s third-quarter earnings to show a single-digit percentage increase in profit, which could support the stock if the company meets or exceeds expectations. What to Expect From NextEra Energy’s Next Earnings Report

NextEra Energy Stock Performance

NextEra Energy stock traded down $0.95 during trading hours on Wednesday, hitting $76.93. The stock had a trading volume of 4,614,557 shares, compared to its average volume of 10,782,367. The company has a 50-day moving average of $82.47 and a two-hundred day moving average of $87.32. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. NextEra Energy, Inc. has a fifty-two week low of $74.41 and a fifty-two week high of $98.75. The company has a market cap of $160.47 billion, a PE ratio of 17.29, a price-to-earnings-growth ratio of 2.36 and a beta of 0.64.

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

NextEra Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th were issued a $0.6232 dividend. This represents a $2.49 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Friday, August 28th. NextEra Energy’s payout ratio is 55.96%.

NextEra Energy Company Profile

NextEra Energy, Inc is an electric power and energy infrastructure company headquartered in Juno Beach, Florida. Through its principal subsidiary, Florida Power & Light Company (FPL), the company generates, transmits, distributes and sells electricity to customers across Florida. FPL serves residential, commercial and industrial customers and operates a diverse generation portfolio that includes natural gas, solar, nuclear and other resources.

NextEra Energy’s other major business, NextEra Energy Resources, develops, owns and operates energy projects in the United States and Canada.