Vaughan David Investments LLC IL Sells 13,209 Shares of NextEra Energy, Inc. $NEE

Vaughan David Investments LLC IL lessened its stake in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) by 1.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 695,951 shares of the utilities provider’s stock after selling 13,209 shares during the period. NextEra Energy accounts for about 1.2% of Vaughan David Investments LLC IL’s portfolio, making the stock its 21st biggest position. Vaughan David Investments LLC IL’s holdings in NextEra Energy were worth $55,871,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Laurel Wealth Advisors LLC acquired a new stake in shares of NextEra Energy in the 4th quarter valued at $25,000. Anfield Capital Management LLC boosted its holdings in shares of NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares in the last quarter. Strive Asset Management LLC acquired a new stake in shares of NextEra Energy in the 3rd quarter valued at $29,000. Quest 10 Wealth Builders Inc. boosted its holdings in shares of NextEra Energy by 135.4% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock valued at $30,000 after purchasing an additional 218 shares in the last quarter. Finally, Joseph Group Capital Management acquired a new stake in shares of NextEra Energy in the 4th quarter valued at $32,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Evercore reaffirmed an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a report on Monday, May 4th. Jefferies Financial Group raised their target price on NextEra Energy from $92.00 to $93.00 and gave the company a “hold” rating in a report on Tuesday, April 21st. BTIG Research reaffirmed a “buy” rating and issued a $112.00 target price on shares of NextEra Energy in a report on Friday, April 24th. Wall Street Zen downgraded NextEra Energy from a “hold” rating to a “sell” rating in a report on Saturday, March 28th. Finally, TD Cowen raised their target price on NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a report on Monday, April 27th. 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’s stock. Based on data from MarketBeat, NextEra Energy presently has a consensus rating of “Moderate Buy” and an average price target of $99.20.

View Our Latest Stock Analysis on NEE

Key NextEra Energy News

Here are the key news stories impacting NextEra Energy this week:

NextEra Energy Trading Down 0.3%

NYSE NEE opened at $84.89 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. NextEra Energy, Inc. has a twelve month low of $67.20 and a twelve month high of $98.75. The company has a market cap of $177.01 billion, a price-to-earnings ratio of 21.60, a price-to-earnings-growth ratio of 2.50 and a beta of 0.68. The business’s fifty day moving average is $91.09 and its 200 day moving average is $88.26.

NextEra Energy (NYSE:NEEGet Free Report) 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. The firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The business’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, sell-side analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The business 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 dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $2.49 annualized dividend and a yield of 2.9%. NextEra Energy’s payout ratio is presently 63.36%.

About NextEra Energy

(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.

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

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