Axxcess Wealth Management LLC Grows Stock Holdings in NextEra Energy, Inc. $NEE

Axxcess Wealth Management LLC increased its stake in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) by 341.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 468,670 shares of the utilities provider’s stock after acquiring an additional 362,516 shares during the quarter. Axxcess Wealth Management LLC’s holdings in NextEra Energy were worth $37,625,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Anfield Capital Management LLC raised its stake in NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 270 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new stake in NextEra Energy during the 4th quarter worth $25,000. Quest 10 Wealth Builders Inc. raised its stake in NextEra Energy by 135.4% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock worth $30,000 after acquiring an additional 218 shares in the last quarter. Strive Asset Management LLC acquired a new stake in NextEra Energy during the 3rd quarter worth $29,000. Finally, Joseph Group Capital Management acquired a new stake in NextEra Energy during the 4th quarter worth $32,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Nicole J. Daggs sold 4,934 shares of the business’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $93.00, for a total transaction of $458,862.00. Following the sale, the executive vice president owned 16,905 shares of the company’s stock, valued at approximately $1,572,165. The trade was a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Treasurer James Michael May sold 7,161 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $2,411,924.13. This represents a 21.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 31,767 shares of company stock valued at $2,881,077. Corporate insiders own 0.18% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on NEE shares. UBS Group lifted their price target on shares of NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Weiss Ratings upgraded shares of NextEra Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, April 27th. Wall Street Zen lowered shares of NextEra Energy from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Erste Group Bank upgraded shares of NextEra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. Finally, BTIG Research restated a “buy” rating and issued a $112.00 price objective on shares of NextEra Energy in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $99.15.

Get Our Latest Report on NEE

NextEra Energy Trading Up 1.6%

Shares of NextEra Energy stock opened at $89.66 on Friday. NextEra Energy, Inc. has a 52-week low of $63.88 and a 52-week high of $98.75. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. The company’s 50-day simple moving average is $92.77 and its 200-day simple moving average is $88.03. The firm has a market cap of $186.96 billion, a price-to-earnings ratio of 22.81, a price-to-earnings-growth ratio of 2.59 and a beta of 0.73.

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

NextEra Energy News Roundup

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

NextEra Energy 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.

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

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