Signet Private Wealth LLC Takes $572,000 Position in NextEra Energy, Inc. $NEE

Signet Private Wealth LLC purchased a new stake in shares of NextEra Energy, Inc. (NYSE:NEE) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 7,123 shares of the utilities provider’s stock, valued at approximately $572,000.

A number of other hedge funds have also bought and sold shares of NEE. 3Chopt Investment Partners LLC increased its position in shares of NextEra Energy by 0.8% during the 4th quarter. 3Chopt Investment Partners LLC now owns 14,105 shares of the utilities provider’s stock valued at $1,132,000 after purchasing an additional 114 shares during the last quarter. Nemes Rush Group LLC grew its position in NextEra Energy by 5.2% during the fourth quarter. Nemes Rush Group LLC now owns 2,354 shares of the utilities provider’s stock valued at $189,000 after buying an additional 117 shares during the period. Isthmus Partners LLC grew its position in NextEra Energy by 1.9% during the third quarter. Isthmus Partners LLC now owns 6,590 shares of the utilities provider’s stock valued at $497,000 after buying an additional 120 shares during the period. Westmount Partners LLC increased its holdings in NextEra Energy by 1.9% during the fourth quarter. Westmount Partners LLC now owns 6,660 shares of the utilities provider’s stock worth $535,000 after buying an additional 125 shares during the last quarter. Finally, Crew Capital Management Ltd raised its position in NextEra Energy by 3.9% in the fourth quarter. Crew Capital Management Ltd now owns 3,347 shares of the utilities provider’s stock worth $269,000 after acquiring an additional 125 shares during the period. 78.72% of the stock is currently owned by institutional investors.

NextEra Energy Price Performance

NextEra Energy stock opened at $85.15 on Thursday. The firm has a market capitalization of $177.56 billion, a P/E ratio of 21.67, a PEG ratio of 2.49 and a beta of 0.68. NextEra Energy, Inc. has a one year low of $67.20 and a one year high of $98.75. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The business has a fifty day moving average price of $91.24 and a 200-day moving average price of $88.25.

NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 period in the previous year, the company posted $0.99 EPS. The firm’s revenue for the quarter 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. As a group, equities research analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Announces Dividend

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

Insider Activity at NextEra Energy

In other news, EVP Nicole J. Daggs sold 4,934 shares of the firm’s stock in a transaction that occurred on 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 approximately $1,572,165. This trade represents a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.18% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on NEE. Wells Fargo & Company set a $102.00 target price on shares of NextEra Energy and gave the company an “overweight” rating in a research report on Friday, April 24th. BMO Capital Markets reduced their price objective on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a report on Monday, May 18th. Morgan Stanley set a $111.00 target price on NextEra Energy in a research note on Thursday, May 21st. UBS Group increased their price target on NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Finally, Erste Group Bank upgraded NextEra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. 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 a consensus price target of $99.20.

NextEra Energy 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.