Janney Montgomery Scott LLC Acquires 418,948 Shares of NextEra Energy, Inc. $NEE

Janney Montgomery Scott LLC grew its holdings in NextEra Energy, Inc. (NYSE:NEE) by 26.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 2,002,772 shares of the utilities provider’s stock after buying an additional 418,948 shares during the quarter. Janney Montgomery Scott LLC’s holdings in NextEra Energy were worth $186,018,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Boomfish Wealth Group LLC lifted its stake in NextEra Energy by 1.9% in the first quarter. Boomfish Wealth Group LLC now owns 23,030 shares of the utilities provider’s stock worth $2,139,000 after acquiring an additional 428 shares during the period. Adams Diversified Equity Fund Inc. increased its position in NextEra Energy by 58.8% during the 1st quarter. Adams Diversified Equity Fund Inc. now owns 259,400 shares of the utilities provider’s stock valued at $24,093,000 after purchasing an additional 96,100 shares during the period. Cornerstone Wealth Group LLC raised its holdings in NextEra Energy by 191.4% in the 1st quarter. Cornerstone Wealth Group LLC now owns 71,687 shares of the utilities provider’s stock worth $6,495,000 after purchasing an additional 47,090 shares in the last quarter. Onyx Bridge Wealth Group LLC raised its holdings in NextEra Energy by 4.8% in the 1st quarter. Onyx Bridge Wealth Group LLC now owns 5,248 shares of the utilities provider’s stock worth $487,000 after purchasing an additional 240 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH lifted its position in shares of NextEra Energy by 4.7% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 779,519 shares of the utilities provider’s stock worth $72,402,000 after purchasing an additional 34,919 shares during the period. 78.72% of the stock is currently owned by institutional investors.

NextEra Energy Stock Performance

Shares of NEE stock opened at $88.29 on Friday. The company’s fifty day moving average price is $89.69 and its 200-day moving average price is $88.38. The stock has a market cap of $184.11 billion, a PE ratio of 22.47, a price-to-earnings-growth ratio of 2.60 and a beta of 0.68. 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, Inc. has a 12 month low of $67.20 and a 12 month high of $98.75.

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

NextEra Energy Announces Dividend

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

Analysts Set New Price Targets

NEE has been the topic of a number of research reports. HSBC lifted their target price on shares of NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. UBS Group raised their price objective on shares of NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. JPMorgan Chase & Co. lifted their price objective on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. TD Cowen upped their target price on NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Finally, DA Davidson increased their target price on NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $99.86.

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.