Havemeyer Place LP Takes $716,000 Position in NextEra Energy, Inc. $NEE

Havemeyer Place LP acquired a new stake in NextEra Energy, Inc. (NYSE:NEE) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 8,918 shares of the utilities provider’s stock, valued at approximately $716,000.

Several other hedge funds and other institutional investors have also made changes to their positions in NEE. Norges Bank acquired a new stake in shares of NextEra Energy during the 4th quarter worth about $2,816,327,000. Pictet Asset Management Holding SA raised its position in shares of NextEra Energy by 47.3% during the 4th quarter. Pictet Asset Management Holding SA now owns 9,254,022 shares of the utilities provider’s stock worth $742,913,000 after acquiring an additional 2,972,924 shares in the last quarter. Danica Pension Livsforsikringsaktieselskab acquired a new stake in shares of NextEra Energy during the 3rd quarter worth about $177,198,000. Vanguard Group Inc. raised its position in shares of NextEra Energy by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock worth $17,343,185,000 after acquiring an additional 2,234,176 shares in the last quarter. Finally, Amundi raised its position in shares of NextEra Energy by 16.7% during the 3rd quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock worth $1,012,129,000 after acquiring an additional 1,780,881 shares in the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Insider Buying and Selling at NextEra Energy

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,934 shares of NextEra Energy stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $93.00, for a total value of $458,862.00. Following the transaction, 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 document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.18% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. BMO Capital Markets cut their target price on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating on the stock in a research report on Monday, May 18th. Jefferies Financial Group raised their target price on NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a research report on Tuesday, April 21st. TD Cowen raised their target price on NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. UBS Group raised their target price on NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. Finally, Morgan Stanley set a $111.00 target price on NextEra Energy in a research report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, NextEra Energy presently has a consensus rating of “Moderate Buy” and an average target price of $99.20.

NextEra Energy Trading Down 2.1%

Shares of NEE stock opened at $84.05 on Tuesday. The business’s 50 day moving average is $91.52 and its two-hundred day moving average is $88.24. NextEra Energy, Inc. has a twelve month low of $67.20 and a twelve month high of $98.75. The company has a market capitalization of $175.26 billion, a P/E ratio of 21.39, a price-to-earnings-growth ratio of 2.52 and a beta of 0.68. 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 (NYSE:NEE) last announced its 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. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The company had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. During the same period last year, the business posted $0.99 EPS. The company’s revenue was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Equities analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, June 5th will be paid a $0.6232 dividend. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, June 5th. 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.