NextEra Energy, Inc. $NEE Shares Purchased by Elwood & Goetz Wealth Advisory Group LLC

Elwood & Goetz Wealth Advisory Group LLC lifted its position in NextEra Energy, Inc. (NYSE:NEE) by 246.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,145 shares of the utilities provider’s stock after purchasing an additional 11,484 shares during the quarter. Elwood & Goetz Wealth Advisory Group LLC’s holdings in NextEra Energy were worth $1,121,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Eagle Wealth Strategies LLC boosted its position in shares of NextEra Energy by 1.4% in the 2nd quarter. Eagle Wealth Strategies LLC now owns 11,154 shares of the utilities provider’s stock valued at $774,000 after purchasing an additional 149 shares during the period. Robbins Farley boosted its position in shares of NextEra Energy by 7.5% in the 2nd quarter. Robbins Farley now owns 75,653 shares of the utilities provider’s stock valued at $5,252,000 after purchasing an additional 5,250 shares during the period. Park Place Capital Corp lifted its position in NextEra Energy by 33.1% during the 2nd quarter. Park Place Capital Corp now owns 20,163 shares of the utilities provider’s stock worth $1,473,000 after acquiring an additional 5,009 shares during the period. XML Financial LLC lifted its position in NextEra Energy by 1.0% during the 2nd quarter. XML Financial LLC now owns 16,447 shares of the utilities provider’s stock worth $1,142,000 after acquiring an additional 158 shares during the period. Finally, Centennial Wealth Advisory LLC acquired a new stake in NextEra Energy during the 2nd quarter worth approximately $279,000. 78.72% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at NextEra Energy

In related news, EVP Michael Dunne sold 10,000 shares of NextEra Energy stock in a transaction on Monday, September 8th. The stock was sold at an average price of $70.79, for a total value of $707,900.00. Following the transaction, the executive vice president owned 62,064 shares in the company, valued at approximately $4,393,510.56. This trade represents a 13.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Mark Lemasney sold 846 shares of NextEra Energy stock in a transaction on Thursday, September 25th. The shares were sold at an average price of $74.90, for a total value of $63,365.40. Following the completion of the transaction, the executive vice president owned 9,267 shares in the company, valued at $694,098.30. The trade was a 8.37% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,369 shares of company stock worth $1,539,610 over the last ninety days. 0.20% of the stock is owned by insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on NEE. JPMorgan Chase & Co. increased their target price on NextEra Energy from $86.00 to $87.00 and gave the stock an “overweight” rating in a research note on Friday, August 22nd. Mizuho set a $78.00 price objective on NextEra Energy in a research note on Thursday, August 21st. Barclays raised their price objective on NextEra Energy from $65.00 to $67.00 and gave the company an “equal weight” rating in a research note on Thursday, July 10th. Morgan Stanley reaffirmed an “overweight” rating and issued a $95.00 price objective (down from $96.00) on shares of NextEra Energy in a research note on Thursday. Finally, Melius Research raised NextEra Energy to a “strong-buy” rating in a research note on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $84.08.

NextEra Energy Stock Performance

NextEra Energy stock opened at $76.20 on Tuesday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.45 and a current ratio of 0.54. The stock has a fifty day moving average of $72.63 and a two-hundred day moving average of $71.09. The company has a market capitalization of $156.92 billion, a price-to-earnings ratio of 26.64, a PEG ratio of 2.61 and a beta of 0.65. NextEra Energy, Inc. has a fifty-two week low of $61.72 and a fifty-two week high of $86.10.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Wednesday, July 23rd. The utilities provider reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. NextEra Energy had a return on equity of 12.31% and a net margin of 22.84%.The company had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.52 billion. During the same quarter last year, the business posted $0.96 earnings per share. NextEra Energy’s revenue was up 10.4% compared to the same quarter last year. On average, analysts anticipate that NextEra Energy, Inc. will post 3.68 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Thursday, August 28th were issued a $0.5665 dividend. The ex-dividend date was Thursday, August 28th. This represents a $2.27 dividend on an annualized basis and a yield of 3.0%. NextEra Energy’s dividend payout ratio (DPR) is presently 79.02%.

NextEra Energy Company Profile

NextEra Energy, Inc, through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.