NextEra Energy, Inc. $NEE is Welch Group LLC’s 9th Largest Position

Welch Group LLC decreased its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 1.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 852,934 shares of the utilities provider’s stock after selling 16,487 shares during the quarter. NextEra Energy accounts for 3.0% of Welch Group LLC’s portfolio, making the stock its 9th largest position. Welch Group LLC’s holdings in NextEra Energy were worth $79,220,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Anfield Capital Management LLC lifted its position in NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 270 shares in the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of NextEra Energy in the 4th quarter worth $25,000. Wealth Watch Advisors INC raised its stake in shares of NextEra Energy by 223.8% in the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 226 shares during the last quarter. Osbon Capital Management LLC purchased a new position in shares of NextEra Energy in the fourth quarter worth $27,000. Finally, Quest 10 Wealth Builders Inc. lifted its holdings in shares of NextEra Energy by 135.4% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock valued at $30,000 after purchasing an additional 218 shares in the last quarter. Institutional investors own 78.72% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Morgan Stanley raised their price target on shares of NextEra Energy from $111.00 to $117.00 and gave the company an “overweight” rating in a report on Wednesday. Weiss Ratings cut shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. HSBC increased their price target on NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Evercore reaffirmed an “outperform” rating and issued a $107.00 price objective on shares of NextEra Energy in a report on Monday, May 4th. Finally, TD Cowen increased their target price on NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a report on Monday, April 27th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $99.86.

NextEra Energy Price Performance

NYSE NEE opened at $88.29 on Friday. NextEra Energy, Inc. has a 12 month low of $67.20 and a 12 month high of $98.75. The stock has a market cap of $184.11 billion, a price-to-earnings ratio of 22.47, a PEG ratio of 2.57 and a beta of 0.68. The company’s 50 day moving average is $89.69 and its two-hundred day moving average is $88.38. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41.

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, topping the consensus estimate of $1.03 by $0.06. The company had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. NextEra Energy’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, research analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were issued a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Friday, June 5th. NextEra Energy’s payout ratio is currently 63.36%.

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.