Evansbrook LLC Purchases New Position in NextEra Energy, Inc. $NEE

Evansbrook LLC bought a new position in NextEra Energy, Inc. (NYSE:NEEFree Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 12,887 shares of the utilities provider’s stock, valued at approximately $1,035,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Harbour Wealth Management Group Inc. purchased a new stake in NextEra Energy in the fourth quarter worth about $428,000. Axxcess Wealth Management LLC increased its position in NextEra Energy by 8.8% during the 4th quarter. Axxcess Wealth Management LLC now owns 115,494 shares of the utilities provider’s stock valued at $9,272,000 after purchasing an additional 9,340 shares during the period. Strive Financial Group LLC purchased a new position in NextEra Energy during the 4th quarter valued at about $500,000. Blue Sparrow LLC DE bought a new stake in shares of NextEra Energy in the 4th quarter valued at about $2,023,000. Finally, Mercer Global Advisors Inc. ADV raised its holdings in shares of NextEra Energy by 28.2% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 333,627 shares of the utilities provider’s stock valued at $26,784,000 after purchasing an additional 73,315 shares in the last quarter. Institutional investors own 78.72% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on NEE shares. Wall Street Zen cut NextEra Energy from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. Barclays set a $90.00 price target on NextEra Energy and gave the stock an “equal weight” rating in a research report on Tuesday, May 26th. Evercore reaffirmed an “outperform” rating and set a $107.00 price objective on shares of NextEra Energy in a research report on Monday, May 4th. Sanford C. Bernstein set a $107.00 price objective on NextEra Energy and gave the company an “outperform” rating in a research report on Tuesday. Finally, Weiss Ratings lowered NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $99.57.

Read Our Latest Report on NextEra Energy

More NextEra Energy News

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

  • Positive Sentiment: Bernstein upgraded NextEra Energy (NEE) to strong-buy, reinforcing bullish sentiment around the utility’s growth prospects and valuation. Zacks.com
  • Positive Sentiment: UBS analyst William Appicelli initiated coverage on NextEra Energy with a Buy rating, citing Dominion merger synergies and data-center-driven growth upside. Article
  • Positive Sentiment: Several articles highlight NextEra’s clean-energy push, renewables backlog, stable cash flows, and improving return on equity, which could support longer-term earnings growth. Article
  • Neutral Sentiment: Market commentary says NextEra may be undervalued on its Dominion/data-center story, but the stock has also seen recent weakness over the past month and quarter. Article
  • Neutral Sentiment: Broader utility-stock coverage and commentary continue to frame NextEra as a defensive income play with stable cash flows, supporting investor interest without a major new catalyst. Article

NextEra Energy Stock Performance

Shares of NYSE NEE opened at $86.67 on Friday. The company has a 50 day simple moving average of $90.39 and a two-hundred day simple moving average of $88.29. The stock has a market cap of $180.73 billion, a price-to-earnings ratio of 22.05, a PEG ratio of 2.51 and a beta of 0.68. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. NextEra Energy, Inc. has a 12 month low of $67.20 and a 12 month high of $98.75.

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

NextEra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were given a dividend of $0.6232 per share. The ex-dividend date was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is 63.36%.

NextEra Energy Company 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.

See Also

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

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