NextEra Energy, Inc. $NEE Stock Acquired by Rockland Trust Co.

Rockland Trust Co. boosted its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 2.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 385,956 shares of the utilities provider’s stock after acquiring an additional 10,264 shares during the quarter. NextEra Energy accounts for 1.1% of Rockland Trust Co.’s holdings, making the stock its 23rd largest position. Rockland Trust Co.’s holdings in NextEra Energy were worth $29,232,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Walker Asset Management LLC raised its holdings in NextEra Energy by 2.2% in the 1st quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock worth $465,000 after purchasing an additional 107 shares during the period. PUREfi Wealth LLC grew its holdings in shares of NextEra Energy by 0.9% during the first quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock worth $1,170,000 after buying an additional 107 shares in the last quarter. Garrison Point Advisors LLC lifted its stake in NextEra Energy by 0.4% in the 4th quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock worth $2,269,000 after purchasing an additional 109 shares in the last quarter. Cornerstone Planning Group LLC boosted its stake in NextEra Energy by 12.8% during the first quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock worth $94,000 after buying an additional 111 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID increased its position in NextEra Energy by 23.2% during the first quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider’s stock worth $55,000 after purchasing an additional 112 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on NEE. BMO Capital Markets lifted their target price on NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. Bank of America reduced their price objective on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a research note on Monday, July 13th. Barclays set a $91.00 price target on shares of NextEra Energy and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. Seaport Research Partners reissued a “sell” rating and set a $56.00 target price (up from $55.00) on shares of NextEra Energy in a research report on Friday. Finally, Wall Street Zen cut shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a research report on Saturday. Eighteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $99.67.

NextEra Energy Price Performance

Shares of NYSE NEE traded down $0.12 during midday trading on Monday, hitting $76.71. The company had a trading volume of 3,449,458 shares, compared to its average volume of 10,753,527. The business has a 50-day simple moving average of $82.95 and a two-hundred day simple moving average of $87.52. The firm has a market capitalization of $160.02 billion, a price-to-earnings ratio of 17.24, a price-to-earnings-growth ratio of 2.38 and a beta of 0.64. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. NextEra Energy, Inc. has a twelve month low of $74.41 and a twelve month high of $98.75.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The firm had revenue of $7.53 billion during the quarter, compared to analysts’ expectations of $8.11 billion. During the same period in the previous year, the firm posted $1.05 earnings per share. NextEra Energy’s revenue was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities research analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 28th were given a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Friday, August 28th. NextEra Energy’s payout ratio is currently 55.96%.

NextEra Energy Company Profile

NextEra Energy, Inc is an electric power and energy infrastructure company headquartered in Juno Beach, Florida. Through its principal subsidiary, Florida Power & Light Company (FPL), the company generates, transmits, distributes and sells electricity to customers across Florida. FPL serves residential, commercial and industrial customers and operates a diverse generation portfolio that includes natural gas, solar, nuclear and other resources.

NextEra Energy’s other major business, NextEra Energy Resources, develops, owns and operates energy projects in the United States and Canada.