Boston Family Office LLC Sells 5,973 Shares of NextEra Energy, Inc. $NEE

Boston Family Office LLC lowered its stake in NextEra Energy, Inc. (NYSE:NEE) by 2.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 271,281 shares of the utilities provider’s stock after selling 5,973 shares during the quarter. NextEra Energy comprises about 1.4% of Boston Family Office LLC’s holdings, making the stock its 20th biggest position. Boston Family Office LLC’s holdings in NextEra Energy were worth $21,778,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Anfield Capital Management LLC raised its stake in shares of NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after buying an additional 270 shares during the period. Laurel Wealth Advisors LLC bought a new position in shares of NextEra Energy in the fourth quarter worth about $25,000. Quest 10 Wealth Builders Inc. raised its stake in shares of NextEra Energy by 135.4% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock worth $30,000 after buying an additional 218 shares during the period. Strive Asset Management LLC bought a new position in shares of NextEra Energy in the third quarter worth about $29,000. Finally, Joseph Group Capital Management bought a new position in shares of NextEra Energy in the fourth quarter worth about $32,000. Institutional investors own 78.72% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on NEE shares. Wall Street Zen downgraded NextEra Energy from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Barclays set a $90.00 price objective on NextEra Energy and gave the stock an “equal weight” rating in a research note on Tuesday, May 26th. Erste Group Bank raised NextEra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. BTIG Research reaffirmed a “buy” rating and issued a $112.00 price objective on shares of NextEra Energy in a research note on Friday, April 24th. Finally, UBS Group increased 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. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $99.20.

NextEra Energy Stock Performance

NYSE NEE opened at $85.92 on Friday. The stock has a market capitalization of $179.18 billion, a PE ratio of 21.86, a P/E/G ratio of 2.49 and a beta of 0.68. The business has a 50 day simple moving average of $90.94 and a two-hundred day simple moving average of $88.24. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. NextEra Energy, Inc. has a 1-year low of $67.20 and a 1-year high of $98.75.

NextEra Energy (NYSE:NEE) last released its quarterly 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. The business had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. On average, research analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders 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 2.9%. The ex-dividend date of this dividend is Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is presently 63.36%.

About NextEra Energy

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.