Oakwell Private Wealth Management LLC Invests $1 Million in NextEra Energy, Inc. $NEE

Oakwell Private Wealth Management LLC bought a new position in shares of NextEra Energy, Inc. (NYSE:NEE) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 11,410 shares of the utilities provider’s stock, valued at approximately $1,001,000. NextEra Energy comprises 0.2% of Oakwell Private Wealth Management LLC’s holdings, making the stock its 26th biggest position.

Several other hedge funds also recently added to or reduced their stakes in the business. Walker Asset Management LLC boosted its holdings in NextEra Energy by 2.2% in the first quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock worth $465,000 after acquiring an additional 107 shares in the last quarter. PUREfi Wealth LLC grew its stake in shares of NextEra Energy by 0.9% during the first quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock worth $1,170,000 after acquiring an additional 107 shares during the last quarter. Garrison Point Advisors LLC increased its holdings in shares of NextEra Energy by 0.4% during the fourth quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock valued at $2,269,000 after acquiring an additional 109 shares in the last quarter. Cornerstone Planning Group LLC increased its holdings in shares of NextEra Energy by 12.8% during the first quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock valued at $94,000 after acquiring an additional 111 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID raised its position in shares of NextEra Energy by 23.2% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider’s stock valued at $55,000 after purchasing an additional 112 shares during the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

NEE has been the subject of a number of recent analyst reports. Weiss Ratings cut shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Evercore restated an “outperform” rating and set a $107.00 price target on shares of NextEra Energy in a research note on Monday, May 4th. Bank of America decreased their price target on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a report on Monday, July 13th. Sanford C. Bernstein reiterated an “outperform” rating and set a $108.00 price objective on shares of NextEra Energy in a research note on Monday, July 27th. Finally, Morgan Stanley set a $114.00 price objective on shares of NextEra Energy and gave the company an “overweight” rating in a report on Friday. Seventeen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, NextEra Energy currently has an average rating of “Moderate Buy” and an average target price of $100.33.

NextEra Energy Trading Up 0.1%

NextEra Energy stock opened at $83.71 on Monday. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75. The company has a market capitalization of $174.60 billion, a price-to-earnings ratio of 18.81, a price-to-earnings-growth ratio of 2.29 and a beta of 0.67. The stock has a 50-day moving average price of $87.22 and a 200 day moving average price of $89.90.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The company had revenue of $7.53 billion for the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter in the prior year, the company earned $1.05 EPS. NextEra Energy’s quarterly revenue was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Sell-side analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be paid a $0.6232 dividend. The ex-dividend date is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. NextEra Energy’s dividend payout ratio is presently 55.96%.

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.