NextEra Energy, Inc. $NEE Shares Acquired by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC increased its position in NextEra Energy, Inc. (NYSE:NEEFree Report) by 8.7% in the 1st quarter, Holdings Channel.com reports. The firm owned 79,357 shares of the utilities provider’s stock after buying an additional 6,352 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in NextEra Energy were worth $7,371,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Anfield Capital Management LLC lifted its holdings in NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after buying an additional 270 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new stake in shares of NextEra Energy during the fourth quarter valued at about $25,000. Wealth Watch Advisors INC increased its position in shares of NextEra Energy by 223.8% during the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 226 shares during the last quarter. Osbon Capital Management LLC purchased a new stake in shares of NextEra Energy during the fourth quarter worth about $27,000. Finally, Quest 10 Wealth Builders Inc. lifted 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 acquiring an additional 218 shares in the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on NEE shares. Scotiabank raised their price objective on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. 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. JPMorgan Chase & Co. increased their target price on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. TD Cowen raised their price target on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Finally, Mizuho lifted their price target on shares of NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, NextEra Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.86.

Check Out Our Latest Stock Analysis on NextEra Energy

Key NextEra Energy News

Here are the key news stories impacting NextEra Energy this week:

NextEra Energy Stock Up 1.3%

NYSE:NEE opened at $87.57 on Thursday. The company has a market capitalization of $182.61 billion, a price-to-earnings ratio of 22.28, a price-to-earnings-growth ratio of 2.53 and a beta of 0.68. NextEra Energy, Inc. has a one year low of $67.20 and a one year high of $98.75. The stock has a 50-day simple moving average of $89.82 and a 200 day simple moving average of $88.35. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54.

NextEra Energy (NYSE:NEEGet Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) 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 firm had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. During the same quarter in the prior year, the firm posted $0.99 earnings per share. NextEra Energy’s revenue for the quarter 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. Sell-side analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were issued a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Friday, June 5th. NextEra Energy’s payout ratio is 63.36%.

About NextEra Energy

(Free Report)

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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Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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