NextEra Energy, Inc. $NEE is Windward Capital Management Co. CA’s 9th Largest Position

Windward Capital Management Co. CA lessened its stake in NextEra Energy, Inc. (NYSE:NEEFree Report) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 420,538 shares of the utilities provider’s stock after selling 14,970 shares during the quarter. NextEra Energy accounts for approximately 2.7% of Windward Capital Management Co. CA’s holdings, making the stock its 9th biggest position. Windward Capital Management Co. CA’s holdings in NextEra Energy were worth $33,761,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of NEE. Danica Pension Livsforsikringsaktieselskab purchased a new position in NextEra Energy in the 3rd quarter worth approximately $177,198,000. Amundi raised its position in NextEra Energy by 16.7% in the 3rd quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock worth $1,012,129,000 after buying an additional 1,780,881 shares during the last quarter. Danske Bank A S purchased a new stake in shares of NextEra Energy during the 3rd quarter valued at about $88,262,000. Railway Pension Investments Ltd grew its stake in shares of NextEra Energy by 90.3% in the third quarter. Railway Pension Investments Ltd now owns 2,356,632 shares of the utilities provider’s stock worth $177,902,000 after acquiring an additional 1,118,000 shares during the period. Finally, Vanguard Group Inc. lifted its position in NextEra Energy by 0.4% during the third quarter. Vanguard Group Inc. now owns 213,799,521 shares of the utilities provider’s stock valued at $16,139,726,000 after purchasing an additional 922,500 shares during the period. 78.72% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting NextEra Energy

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

NextEra Energy Stock Up 7.0%

Shares of NEE stock opened at $96.33 on Friday. The company’s fifty day moving average price is $92.41 and its 200-day moving average price is $86.72. NextEra Energy, Inc. has a one year low of $63.88 and a one year high of $96.70. The company has a market capitalization of $200.87 billion, a price-to-earnings ratio of 29.28, a PEG ratio of 2.64 and a beta of 0.74. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.60 and a quick ratio of 0.49.

NextEra Energy (NYSE:NEEGet Free Report) last released its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.06. NextEra Energy had a return on equity of 12.18% and a net margin of 24.93%.The firm had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.43 billion. During the same quarter last year, the business posted $0.99 earnings per share. The firm’s 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. Sell-side analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were paid a $0.6232 dividend. This represents a $2.49 annualized dividend and a yield of 2.6%. The ex-dividend date was Friday, February 27th. This is an increase from NextEra Energy’s previous quarterly dividend of $0.57. NextEra Energy’s dividend payout ratio is presently 75.68%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Wall Street Zen downgraded shares of NextEra Energy from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. Erste Group Bank upgraded NextEra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 18th. BMO Capital Markets increased their target price on NextEra Energy from $95.00 to $99.00 and gave the company an “outperform” rating in a report on Wednesday. UBS Group raised their target price on NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Finally, Argus set a $92.00 price target on shares of NextEra Energy and gave the company a “buy” rating in a research report on Wednesday, January 28th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, NextEra Energy has a consensus rating of “Moderate Buy” and an average target price of $95.83.

Read Our Latest Report on NEE

Insider Buying and Selling at NextEra Energy

In other news, EVP Terrell Kirk Crews II sold 19,672 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $90.27, for a total transaction of $1,775,791.44. Following the completion of the transaction, the executive vice president directly owned 73,857 shares in the company, valued at approximately $6,667,071.39. This represents a 21.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Treasurer James Michael May sold 7,161 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $646,423.47. Following the sale, the treasurer directly owned 26,719 shares in the company, valued at $2,411,924.13. The trade was a 21.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 179,990 shares of company stock worth $16,155,409. Insiders own 0.18% of the company’s stock.

NextEra Energy 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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