17,782 Shares in NextEra Energy, Inc. $NEE Bought by Wellspring Financial Advisors LLC

Wellspring Financial Advisors LLC bought a new position in shares of NextEra Energy, Inc. (NYSE:NEE) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 17,782 shares of the utilities provider’s stock, valued at approximately $1,428,000.

Other institutional investors have also recently made changes to their positions in the company. Wedbush Securities Inc. raised its holdings in shares of NextEra Energy by 24.8% during the third quarter. Wedbush Securities Inc. now owns 64,158 shares of the utilities provider’s stock worth $4,843,000 after purchasing an additional 12,738 shares during the last quarter. Varma Mutual Pension Insurance Co raised its holdings in shares of NextEra Energy by 5.0% during the third quarter. Varma Mutual Pension Insurance Co now owns 326,193 shares of the utilities provider’s stock worth $24,624,000 after purchasing an additional 15,600 shares during the last quarter. Indivisible Partners purchased a new position in shares of NextEra Energy during the fourth quarter worth $1,355,000. First Long Island Investors LLC purchased a new position in shares of NextEra Energy during the third quarter worth $14,198,000. Finally, Metis Global Partners LLC lifted its stake in shares of NextEra Energy by 15.0% in the 3rd quarter. Metis Global Partners LLC now owns 238,101 shares of the utilities provider’s stock valued at $17,974,000 after purchasing an additional 31,135 shares during the period. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Performance

NYSE:NEE opened at $85.15 on Thursday. 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 fifty day moving average of $91.24 and a two-hundred day moving average of $88.25. The stock has a market capitalization of $177.56 billion, a PE ratio of 21.67, a P/E/G ratio of 2.49 and a beta of 0.68. NextEra Energy, Inc. has a fifty-two week low of $67.20 and a fifty-two week high of $98.75.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. The company had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.99 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, research analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal 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 given a dividend of $0.6232 per share. The ex-dividend date is Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. NextEra Energy’s dividend payout ratio is currently 63.36%.

Analysts Set New Price Targets

NEE has been the subject of several analyst reports. HSBC boosted their target price on shares of NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. TD Cowen boosted their target price on shares of NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a research note on Monday, April 27th. 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. UBS Group boosted their target price on shares of NextEra Energy from $91.00 to $104.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Finally, Erste Group Bank upgraded shares of NextEra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, NextEra Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.20.

Insiders Place Their Bets

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

NextEra Energy Company Profile

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.