Heartland Bank & Trust Co Grows Stake in NextEra Energy, Inc. $NEE

Heartland Bank & Trust Co increased its position in NextEra Energy, Inc. (NYSE:NEEFree Report) by 168.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,456 shares of the utilities provider’s stock after purchasing an additional 8,452 shares during the period. Heartland Bank & Trust Co’s holdings in NextEra Energy were worth $1,250,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of NEE. Laurel Wealth Advisors LLC purchased a new stake in shares of NextEra Energy during the fourth quarter valued at approximately $25,000. Anfield Capital Management LLC raised its holdings in NextEra Energy by 692.3% in 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 during the last quarter. Wealth Watch Advisors INC raised its holdings in NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 226 shares during the last quarter. Osbon Capital Management LLC purchased a new position in NextEra Energy in the 4th quarter worth approximately $27,000. Finally, Strive Asset Management LLC bought a new position in NextEra Energy in the 3rd quarter valued at approximately $29,000. 78.72% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on NEE. Morgan Stanley increased their target price on NextEra Energy from $111.00 to $117.00 and gave the company an “overweight” rating in a research note on Wednesday, June 24th. BTIG Research reaffirmed a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a report on Friday, April 24th. Wall Street Zen raised NextEra Energy from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. BMO Capital Markets reduced their price objective on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a report on Monday, May 18th. Finally, JPMorgan Chase & Co. boosted their target price on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $99.64.

View Our Latest Analysis on NextEra Energy

NextEra Energy Trading Down 0.7%

NYSE:NEE opened at $88.73 on Friday. 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 $69.24 and a 12 month high of $98.75. The company has a market cap of $185.04 billion, a PE ratio of 22.58, a price-to-earnings-growth ratio of 2.44 and a beta of 0.67. The company has a 50 day simple moving average of $87.94 and a two-hundred day simple moving average of $89.18.

NextEra Energy (NYSE:NEEGet Free Report) last released its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.06. The firm had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The company’s revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Research analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were given a dividend of $0.6232 per share. 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 dividend payout ratio is 63.36%.

Key NextEra Energy News

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

About NextEra Energy

(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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