Janney Montgomery Scott LLC reduced its position in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 0.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,583,824 shares of the utilities provider’s stock after selling 11,290 shares during the period. Janney Montgomery Scott LLC owned approximately 0.08% of NextEra Energy worth $127,149,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of the company. 3Chopt Investment Partners LLC grew its holdings in NextEra Energy by 0.8% during the fourth quarter. 3Chopt Investment Partners LLC now owns 14,105 shares of the utilities provider’s stock worth $1,132,000 after acquiring an additional 114 shares during the period. Nemes Rush Group LLC grew its holdings in NextEra Energy by 5.2% during the fourth quarter. Nemes Rush Group LLC now owns 2,354 shares of the utilities provider’s stock worth $189,000 after acquiring an additional 117 shares during the period. Isthmus Partners LLC grew its holdings in NextEra Energy by 1.9% during the third quarter. Isthmus Partners LLC now owns 6,590 shares of the utilities provider’s stock worth $497,000 after acquiring an additional 120 shares during the period. Westmount Partners LLC grew its holdings in NextEra Energy by 1.9% during the fourth quarter. Westmount Partners LLC now owns 6,660 shares of the utilities provider’s stock worth $535,000 after acquiring an additional 125 shares during the period. Finally, Crew Capital Management Ltd grew its holdings in NextEra Energy by 3.9% during the fourth quarter. Crew Capital Management Ltd now owns 3,347 shares of the utilities provider’s stock worth $269,000 after acquiring an additional 125 shares during the period. 78.72% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other NextEra Energy news, EVP Nicole J. Daggs sold 4,934 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $1,572,165. This trade represents a 22.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.18% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Research Report on NEE
NextEra Energy Trading Up 0.4%
NYSE:NEE opened at $85.15 on Thursday. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. NextEra Energy, Inc. has a 1-year low of $67.20 and a 1-year high of $98.75. The firm has a market capitalization of $177.56 billion, a price-to-earnings ratio of 21.67, a price-to-earnings-growth ratio of 2.49 and a beta of 0.68. The stock has a fifty day simple moving average of $91.24 and a 200 day simple moving average of $88.25.
NextEra Energy (NYSE:NEE – Get 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 analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The business had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. During the same quarter last year, the company posted $0.99 EPS. NextEra Energy’s revenue for the quarter was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Sell-side analysts forecast 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 will be paid on Monday, June 15th. Investors of record on Friday, June 5th will be given a $0.6232 dividend. The ex-dividend date is Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is 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.
Featured Stories
- Five stocks we like better than NextEra Energy
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
- Intel Is the Market’s Most Mispriced AI Hedge
- The Biggest Opportunity From SpaceX’s IPO May Surprise You
Want to see what other hedge funds are holding NEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NextEra Energy, Inc. (NYSE:NEE – Free Report).
Receive News & Ratings for NextEra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextEra Energy and related companies with MarketBeat.com's FREE daily email newsletter.
