Stonebrook Private Inc. Reduces Stock Holdings in NextEra Energy, Inc. $NEE

Stonebrook Private Inc. decreased its stake in NextEra Energy, Inc. (NYSE:NEE) by 54.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,013 shares of the utilities provider’s stock after selling 10,847 shares during the quarter. Stonebrook Private Inc.’s holdings in NextEra Energy were worth $724,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. North Dallas Bank & Trust Co. bought a new stake in shares of NextEra Energy during the 4th quarter worth approximately $1,339,000. Alteri Wealth LLC boosted its holdings in NextEra Energy by 10.2% during the 4th quarter. Alteri Wealth LLC now owns 5,177 shares of the utilities provider’s stock valued at $416,000 after acquiring an additional 478 shares during the period. Pettyjohn Wood & White Inc. boosted its holdings in NextEra Energy by 10.0% during the 4th quarter. Pettyjohn Wood & White Inc. now owns 4,688 shares of the utilities provider’s stock valued at $376,000 after acquiring an additional 427 shares during the period. Focus Partners Advisor Solutions LLC boosted its holdings in NextEra Energy by 30.8% during the 4th quarter. Focus Partners Advisor Solutions LLC now owns 40,554 shares of the utilities provider’s stock valued at $3,256,000 after acquiring an additional 9,542 shares during the period. Finally, Commonwealth Retirement Investments LLC purchased a new position in NextEra Energy during the 4th quarter valued at $41,000. 78.72% of the stock is owned by institutional investors.

NextEra Energy Trading Up 0.7%

Shares of NYSE NEE opened at $84.58 on Wednesday. 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 business has a fifty day simple moving average of $91.38 and a two-hundred day simple moving average of $88.24. The firm has a market cap of $176.37 billion, a PE ratio of 21.52, a price-to-earnings-growth ratio of 2.46 and a beta of 0.68. NextEra Energy, Inc. has a twelve month low of $67.20 and a twelve month high of $98.75.

NextEra Energy (NYSE:NEE) last issued its earnings results 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%.NextEra Energy’s revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, June 5th will be given a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. NextEra Energy’s payout ratio is 63.36%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Erste Group Bank upgraded NextEra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. Wall Street Zen cut NextEra Energy from a “hold” rating to a “sell” rating in a report on Saturday, March 28th. Wells Fargo & Company set a $102.00 price objective on NextEra Energy and gave the company an “overweight” rating in a report on Friday, April 24th. Morgan Stanley set a $111.00 price objective on NextEra Energy in a report on Thursday, May 21st. Finally, JPMorgan Chase & Co. boosted their price objective on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $99.20.

Insiders Place Their Bets

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,934 shares of NextEra Energy stock in a transaction 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 completion of the sale, the executive vice president directly owned 16,905 shares of the company’s stock, valued at $1,572,165. The trade was a 22.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.18% of the stock is currently owned by company insiders.

NextEra Energy 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.