NextEra Energy, Inc. $NEE Shares Sold by Flputnam Investment Management Co.

Flputnam Investment Management Co. lowered its holdings in NextEra Energy, Inc. (NYSE:NEE) by 1.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 361,346 shares of the utilities provider’s stock after selling 6,533 shares during the quarter. Flputnam Investment Management Co.’s holdings in NextEra Energy were worth $29,009,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in NEE. Brighton Jones LLC increased its stake in shares of NextEra Energy by 7.0% in the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock worth $2,028,000 after acquiring an additional 1,840 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of NextEra Energy by 6.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock worth $348,000 after acquiring an additional 298 shares during the period. Acadian Asset Management LLC increased its stake in shares of NextEra Energy by 38.4% in the first quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider’s stock worth $887,000 after acquiring an additional 3,479 shares during the period. Sivia Capital Partners LLC increased its stake in shares of NextEra Energy by 18.1% in the second quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider’s stock worth $386,000 after acquiring an additional 852 shares during the period. Finally, United Bank increased its stake in shares of NextEra Energy by 2.9% in the second quarter. United Bank now owns 15,596 shares of the utilities provider’s stock worth $1,083,000 after acquiring an additional 444 shares during the period. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Stock Performance

Shares of NYSE NEE opened at $87.74 on Wednesday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. The company has a market capitalization of $182.97 billion, a PE ratio of 22.33, a price-to-earnings-growth ratio of 2.60 and a beta of 0.73. NextEra Energy, Inc. has a 1 year low of $66.77 and a 1 year high of $98.75. The company’s fifty day moving average price is $92.54 and its 200 day moving average price is $88.16.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.06. The business had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The company’s revenue was up 7.3% compared to the same quarter last year. During the same period last year, the firm posted $0.99 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. On average, research analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, June 5th will be issued a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is presently 63.36%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. BTIG Research reissued a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a report on Friday, April 24th. Wells Fargo & Company set a $102.00 price target on shares of NextEra Energy and gave the stock an “overweight” rating in a report on Friday, April 24th. DA Davidson increased their price target on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Wall Street Zen downgraded shares of NextEra Energy from a “hold” rating to a “sell” rating in a report on Saturday, March 28th. Finally, Scotiabank increased their price target on shares of NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, NextEra Energy has a consensus rating of “Moderate Buy” and an average price target of $99.20.

Insider Buying and Selling at NextEra Energy

In other NextEra Energy news, Treasurer James Michael May sold 7,161 shares of the stock in a transaction on Monday, March 9th. The shares were sold at an average price of $90.27, for a total transaction of $646,423.47. Following the transaction, the treasurer directly owned 26,719 shares of the company’s stock, valued at $2,411,924.13. This trade represents a 21.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Terrell Kirk Crews II sold 19,672 shares of the stock in a transaction on Monday, March 9th. The shares were sold at an average price of $90.27, for a total transaction of $1,775,791.44. Following the transaction, the executive vice president directly owned 73,857 shares in the company, valued at approximately $6,667,071.39. The trade was a 21.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 31,767 shares of company stock valued at $2,881,077 over the last ninety days. Corporate insiders own 0.18% of the company’s stock.

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.