Farmers Trust Co. cut its stake in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 15.5% during the 4th quarter, HoldingsChannel reports. The firm owned 81,493 shares of the utilities provider’s stock after selling 14,956 shares during the period. NextEra Energy comprises 1.1% of Farmers Trust Co.’s investment portfolio, making the stock its 26th largest position. Farmers Trust Co.’s holdings in NextEra Energy were worth $6,542,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also added to or reduced their stakes in NEE. Sax Wealth Advisors LLC grew its stake in shares of NextEra Energy by 0.6% during the third quarter. Sax Wealth Advisors LLC now owns 19,380 shares of the utilities provider’s stock worth $1,463,000 after buying an additional 118 shares during the last quarter. apricus wealth LLC boosted its holdings in shares of NextEra Energy by 3.8% during the 3rd quarter. apricus wealth LLC now owns 3,272 shares of the utilities provider’s stock valued at $247,000 after acquiring an additional 120 shares in the last quarter. Isthmus Partners LLC boosted its holdings in shares of NextEra Energy by 1.9% during the 3rd quarter. Isthmus Partners LLC now owns 6,590 shares of the utilities provider’s stock valued at $497,000 after acquiring an additional 120 shares in the last quarter. Fingerlakes Wealth Management Inc. grew its position in NextEra Energy by 0.8% during the 3rd quarter. Fingerlakes Wealth Management Inc. now owns 16,215 shares of the utilities provider’s stock worth $1,224,000 after acquiring an additional 124 shares during the last quarter. Finally, Heritage Wealth Management Inc. grew its position in NextEra Energy by 1.0% during the 3rd quarter. Heritage Wealth Management Inc. now owns 12,320 shares of the utilities provider’s stock worth $930,000 after acquiring an additional 125 shares during the last quarter. 78.72% of the stock is currently owned by institutional investors and hedge funds.
NextEra Energy Trading Up 1.6%
NYSE:NEE opened at $92.40 on Friday. NextEra Energy, Inc. has a 52 week low of $61.72 and a 52 week high of $95.91. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.49 and a current ratio of 0.60. The firm’s fifty day moving average is $89.39 and its 200-day moving average is $83.36. The firm has a market cap of $192.51 billion, a P/E ratio of 28.08 and a beta of 0.76.
NextEra Energy Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were given a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Friday, February 27th. This is a positive change from NextEra Energy’s previous quarterly dividend of $0.57. NextEra Energy’s dividend payout ratio is currently 75.68%.
Analyst Upgrades and Downgrades
Several research firms have commented on NEE. JPMorgan Chase & Co. increased their target price on NextEra Energy from $94.00 to $97.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. Mizuho set a $90.00 price objective on NextEra Energy and gave the company a “neutral” rating in a research note on Wednesday, January 28th. Weiss Ratings lowered shares of NextEra Energy from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 17th. Argus set a $92.00 target price on shares of NextEra Energy and gave the stock a “buy” rating in a report on Wednesday, January 28th. Finally, Erste Group Bank upgraded shares of NextEra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 18th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, NextEra Energy presently has an average rating of “Moderate Buy” and a consensus price target of $94.44.
View Our Latest Stock Report on NEE
Key NextEra Energy News
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: Institutional investors increased stakes, signaling confidence and providing buying pressure that supports the stock’s gain. NextEra Energy (NYSE:NEE) Gains on Institutional Stake Increase
- Positive Sentiment: Analysts and outlets are pitching NextEra as a long-term dividend play tied to a broader nuclear renaissance, which can attract income-focused investors. This Nuclear Dividend Stock Could Turn $1,000 Into a Lifetime Income Stream
- Positive Sentiment: NEE outperformed a weaker market session, which is drawing short-term momentum buyers and supporting today’s uptick. NextEra Energy (NEE) Gains As Market Dips: What You Should Know
- Neutral Sentiment: Heightened retail and Zacks.com interest has made NEE a “trending” ticker—boosts liquidity and attention but not a fundamental driver by itself. NextEra Energy, Inc. (NEE) Is a Trending Stock
- Neutral Sentiment: Management’s plan to add 15–30 GW (largely gas) to serve data centers could materially grow revenue but raises ESG and capital-intensity questions; investors are re-pricing growth vs. risk. A Look At NextEra Energy (NEE) Valuation As New Data Center Power Buildout Plan Emerges
- Negative Sentiment: NextEra’s planned $2 billion public offering of equity units to fund projects raises short-term dilution concerns and pressured some investors despite funding growth. NextEra Energy, Inc. (NEE) Plans to Sell $2 billion in Equity Units to Fund Energy Projects
Insider Buying and Selling at NextEra Energy
In other NextEra Energy news, EVP Nicole J. Daggs sold 4,934 shares of the stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $93.00, for a total transaction of $458,862.00. Following the transaction, the executive vice president directly owned 16,905 shares in the company, valued at approximately $1,572,165. This represents a 22.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Treasurer James Michael May sold 7,161 shares of the firm’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $90.27, for a total transaction of $646,423.47. Following the sale, the treasurer directly owned 26,719 shares of the company’s stock, valued at approximately $2,411,924.13. This trade represents a 21.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 190,816 shares of company stock valued at $17,075,619 over the last ninety days. Insiders own 0.20% of the company’s stock.
NextEra Energy Company 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.
See Also
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