M Holdings Securities Inc. Invests $4.59 Million in NextEra Energy, Inc. $NEE

M Holdings Securities Inc. acquired a new position in NextEra Energy, Inc. (NYSE:NEEFree Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 57,125 shares of the utilities provider’s stock, valued at approximately $4,586,000.

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

NextEra Energy Stock Performance

NYSE:NEE opened at $85.15 on Thursday. The stock’s fifty day moving average is $91.24 and its 200 day moving average is $88.25. NextEra Energy, Inc. has a fifty-two week low of $67.20 and a fifty-two week high of $98.75. The firm has a market capitalization of $177.56 billion, a PE ratio of 21.67, a PEG ratio of 2.49 and a beta of 0.68. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54.

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

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors 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 2.9%. The ex-dividend date is Friday, June 5th. NextEra Energy’s dividend payout ratio is presently 63.36%.

Insiders Place Their Bets

In related news, EVP Nicole J. Daggs sold 4,934 shares of the stock in a transaction on Friday, March 13th. The stock was sold at an average price of $93.00, for a total transaction of $458,862.00. Following the sale, the executive vice president owned 16,905 shares in the company, valued at approximately $1,572,165. This represents a 22.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 0.18% of the company’s stock.

Wall Street Analysts Forecast Growth

NEE has been the subject of a number of research reports. Wells Fargo & Company set a $102.00 price target on NextEra Energy and gave the company an “overweight” rating in a research note on Friday, April 24th. Scotiabank increased their price target on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. TD Cowen increased their price target on NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a research note on Monday, April 27th. BMO Capital Markets dropped their price target on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a research note on Monday, May 18th. Finally, Morgan Stanley set a $111.00 price target on NextEra Energy in a research note on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, NextEra Energy currently has a consensus rating of “Moderate Buy” and an average target price of $99.20.

Read Our Latest Research Report on NextEra Energy

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.

Read More

Want to see what other hedge funds are holding NEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NextEra Energy, Inc. (NYSE:NEEFree Report).

Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

Receive News & Ratings for NextEra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextEra Energy and related companies with MarketBeat.com's FREE daily email newsletter.