Robbins Farley Has $7 Million Stock Holdings in NextEra Energy, Inc. $NEE

Robbins Farley raised its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 13.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 79,699 shares of the utilities provider’s stock after purchasing an additional 9,339 shares during the period. NextEra Energy accounts for approximately 2.7% of Robbins Farley’s holdings, making the stock its 8th biggest holding. Robbins Farley’s holdings in NextEra Energy were worth $6,995,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Anfield Capital Management LLC boosted its stake in NextEra Energy by 692.3% in the fourth 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 during the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of NextEra Energy during the 4th quarter valued at $25,000. Financial Life Planners acquired a new position in shares of NextEra Energy in the 1st quarter valued at $30,000. Wealth Watch Advisors INC lifted its stake in shares of NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 226 shares during the period. Finally, Manning & Napier Advisors LLC boosted its position in shares of NextEra Energy by 104.9% in the 1st quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 172 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Wells Fargo & Company set a $102.00 price objective on NextEra Energy and gave the company an “overweight” rating in a report on Friday, April 24th. Mizuho set a $95.00 target price on NextEra Energy in a report on Monday, July 27th. Barclays set a $91.00 target price on NextEra Energy and gave the stock an “equal weight” rating in a research report on Tuesday, July 7th. Evercore reiterated an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a report on Monday, May 4th. Finally, Jefferies Financial Group set a $94.00 price objective on NextEra Energy in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.36.

NextEra Energy Price Performance

Shares of NextEra Energy stock opened at $86.18 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of $179.75 billion, a price-to-earnings ratio of 19.37, a price-to-earnings-growth ratio of 2.36 and a beta of 0.67. The company has a 50-day simple moving average of $87.17 and a two-hundred day simple moving average of $89.95. NextEra Energy, Inc. has a twelve month low of $69.24 and a twelve month high of $98.75.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.NextEra Energy’s revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently announced 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 is Friday, August 28th. NextEra Energy’s 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.