18,192 Shares in NextEra Energy, Inc. $NEE Purchased by Myriad Asset Management Advisors LLC

Myriad Asset Management Advisors LLC acquired a new position in NextEra Energy, Inc. (NYSE:NEE) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 18,192 shares of the utilities provider’s stock, valued at approximately $1,460,000.

A number of other large investors have also modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of NextEra Energy by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock worth $17,343,185,000 after acquiring an additional 2,234,176 shares during the period. Geode Capital Management LLC increased its holdings in shares of NextEra Energy by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock worth $3,781,790,000 after acquiring an additional 966,152 shares during the period. Norges Bank acquired a new stake in shares of NextEra Energy in the 4th quarter worth about $2,816,327,000. Deutsche Bank AG increased its holdings in shares of NextEra Energy by 2.9% in the 4th quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock worth $1,387,347,000 after acquiring an additional 485,854 shares during the period. Finally, Legal & General Group Plc increased its holdings in shares of NextEra Energy by 2.3% in the 3rd quarter. Legal & General Group Plc now owns 16,787,191 shares of the utilities provider’s stock worth $1,267,265,000 after acquiring an additional 373,088 shares during the period. Institutional investors and hedge funds own 78.72% of the company’s stock.

Insider Activity at NextEra Energy

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,934 shares of the firm’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $93.00, for a total value of $458,862.00. Following the completion of the transaction, the executive vice president directly owned 16,905 shares in the company, valued at $1,572,165. This trade represents a 22.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.18% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. BTIG Research reaffirmed a “buy” rating and issued a $112.00 price objective on shares of NextEra Energy in a report on Friday, April 24th. Wall Street Zen cut shares of NextEra Energy from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Morgan Stanley set a $111.00 target price on shares of NextEra Energy in a research note on Thursday, May 21st. Wells Fargo & Company set a $102.00 target price on shares of NextEra Energy and gave the company an “overweight” rating in a research note on Friday, April 24th. Finally, Evercore reissued an “outperform” rating and set a $107.00 target price on shares of NextEra Energy in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, NextEra Energy currently has an average rating of “Moderate Buy” and a consensus price target of $99.20.

NextEra Energy Stock Performance

NYSE:NEE opened at $85.15 on Thursday. NextEra Energy, Inc. has a twelve month low of $67.20 and a twelve month high of $98.75. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. The company has a 50-day moving average of $91.24 and a 200-day moving average of $88.25. The firm has a market cap of $177.56 billion, a price-to-earnings ratio of 21.67, a price-to-earnings-growth ratio of 2.49 and a beta of 0.68.

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

NextEra Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, June 5th will be issued a $0.6232 dividend. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is presently 63.36%.

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.