NextEra Energy, Inc. $NEE Position Raised by Diversify Wealth Management LLC

Diversify Wealth Management LLC grew its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 29.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 96,075 shares of the utilities provider’s stock after purchasing an additional 21,637 shares during the quarter. Diversify Wealth Management LLC’s holdings in NextEra Energy were worth $8,534,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC grew its position in NextEra Energy by 7.0% in the 4th quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock worth $2,028,000 after purchasing an additional 1,840 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of NextEra Energy by 6.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock valued at $348,000 after purchasing an additional 298 shares during the period. Acadian Asset Management LLC raised its holdings in shares of NextEra Energy by 38.4% during the first quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider’s stock valued at $887,000 after buying an additional 3,479 shares during the last quarter. Sivia Capital Partners LLC raised its holdings in shares of NextEra Energy by 18.1% during the second quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider’s stock valued at $386,000 after buying an additional 852 shares during the last quarter. Finally, United Bank boosted its position in shares of NextEra Energy by 2.9% during the second quarter. United Bank now owns 15,596 shares of the utilities provider’s stock worth $1,083,000 after buying an additional 444 shares during the period. Institutional investors own 78.72% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on NEE. Morgan Stanley reissued an “overweight” rating and issued a $116.00 price objective on shares of NextEra Energy in a report on Wednesday, July 22nd. Weiss Ratings lowered NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. BTIG Research reissued a “buy” rating and issued a $112.00 price target on shares of NextEra Energy in a research note on Friday, April 24th. Wells Fargo & Company set a $102.00 price target on NextEra Energy and gave the company an “overweight” rating in a report on Friday, April 24th. Finally, Sanford C. Bernstein restated an “outperform” rating and set a $108.00 price objective on shares of NextEra Energy in a research note on Monday, July 27th. Seventeen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, NextEra Energy currently has an average rating of “Moderate Buy” and an average target price of $100.43.

NextEra Energy Stock Down 1.1%

Shares of NEE stock opened at $84.97 on Friday. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The stock has a market cap of $177.23 billion, a PE ratio of 19.09, a price-to-earnings-growth ratio of 2.35 and a beta of 0.67. The business’s fifty day moving average is $87.27 and its 200-day moving average is $89.92. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. The company had revenue of $7.53 billion for the quarter, compared to the consensus estimate of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The company’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be issued a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy’s dividend payout ratio is presently 55.96%.

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.