Atria Investments Inc boosted its stake in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 7.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 172,822 shares of the utilities provider’s stock after acquiring an additional 11,296 shares during the quarter. Atria Investments Inc’s holdings in NextEra Energy were worth $13,874,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of NEE. Brighton Jones LLC grew its holdings in shares of NextEra Energy by 7.0% during the fourth 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 grew its holdings in shares of NextEra Energy by 6.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock worth $348,000 after purchasing an additional 298 shares during the last quarter. Acadian Asset Management LLC grew 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 worth $887,000 after purchasing an additional 3,479 shares during the last quarter. Sivia Capital Partners LLC grew 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 worth $386,000 after purchasing an additional 852 shares during the last quarter. Finally, United Bank grew its holdings 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 purchasing an additional 444 shares during the last quarter. 78.72% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on NEE. The Goldman Sachs Group increased their target price on NextEra Energy from $94.00 to $98.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. BMO Capital Markets restated an “outperform” rating and set a $104.00 target price (up from $99.00) on shares of NextEra Energy in a report on Monday, April 27th. Barclays increased their target price on NextEra Energy from $85.00 to $89.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 7th. UBS Group increased their target price on NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a report on Thursday, March 5th. Finally, Wall Street Zen cut NextEra Energy from a “hold” rating to a “sell” rating in a report on Saturday, March 28th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $99.10.
NextEra Energy Price Performance
Shares of NEE opened at $95.55 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 1 year low of $63.88 and a 1 year high of $98.75. The stock has a market cap of $199.25 billion, a P/E ratio of 24.31, a price-to-earnings-growth ratio of 2.78 and a beta of 0.73. The stock’s 50-day moving average price is $92.93 and its two-hundred day moving average price is $87.77.
NextEra Energy (NYSE:NEE – Get Free Report) last issued its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. During the same quarter last year, the business earned $0.99 earnings per share. The company’s 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 predict that NextEra Energy, Inc. will post 4 earnings per share for the current year.
More NextEra Energy News
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: J.P. Morgan raised its price target on NextEra Energy to $105 and maintained an Overweight rating, signaling continued analyst confidence in the company’s earnings and growth outlook. NextEra Energy (NYSE:NEE) Price Target Raised to $105.00 at JPMorgan Chase & Co.
- Positive Sentiment: Another note from J.P. Morgan reiterated a Buy stance on NextEra Energy, adding to the positive sentiment around the stock. NextEra Energy (NEE) Receives a Buy from J.P. Morgan
- Positive Sentiment: Recent articles framing NextEra Energy as a top clean-energy pick suggest investors remain focused on its renewables leadership and potential benefit from higher energy prices. 1 Clean Energy Stock to Buy While Oil Prices Are High
- Neutral Sentiment: Coverage questioning whether NextEra Energy is “too late” to buy after a strong one-year rally may temper enthusiasm, but it also reflects the stock’s strong recent performance and ongoing investor debate about valuation. Is It Too Late To Consider NextEra Energy (NEE) After A 35% One Year Rally?
- Neutral Sentiment: Reuters reported that NextEra Energy settled a nuclear plant wage lawsuit for $9.5 million, which removes an overhang but is too small to materially change the company’s outlook. NextEra Energy settles nuclear plant wage lawsuit for $9.5 million
Insiders Place Their Bets
In other NextEra Energy news, Treasurer James Michael May sold 7,161 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $90.27, for a total transaction of $646,423.47. Following the transaction, the treasurer owned 26,719 shares in the company, valued at approximately $2,411,924.13. This trade represents a 21.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Terrell Kirk Crews II sold 19,672 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $1,775,791.44. Following the transaction, the executive vice president owned 73,857 shares in the company, valued at approximately $6,667,071.39. This trade represents a 21.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 31,767 shares of company stock worth $2,881,077. Insiders own 0.18% of the company’s stock.
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.
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