Mirabaud Asset Management Ltd Grows Stock Holdings in NextEra Energy, Inc. $NEE

Mirabaud Asset Management Ltd boosted its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 9.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,782 shares of the utilities provider’s stock after purchasing an additional 5,406 shares during the quarter. NextEra Energy comprises about 2.3% of Mirabaud Asset Management Ltd’s investment portfolio, making the stock its 15th largest position. Mirabaud Asset Management Ltd’s holdings in NextEra Energy were worth $5,040,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Laurel Wealth Advisors LLC purchased a new stake in NextEra Energy during the fourth quarter valued at $25,000. Anfield Capital Management LLC raised its stake in NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares in the last quarter. Strive Asset Management LLC purchased a new stake in NextEra Energy during the third quarter valued at $29,000. Quest 10 Wealth Builders Inc. raised its stake in NextEra Energy by 135.4% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock valued at $30,000 after purchasing an additional 218 shares in the last quarter. Finally, Joseph Group Capital Management purchased a new stake in NextEra Energy during the fourth quarter valued at $32,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. UBS Group upped their price target on shares of NextEra Energy from $91.00 to $104.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Erste Group Bank upgraded shares of NextEra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 18th. Barclays boosted their price objective on shares of NextEra Energy from $85.00 to $89.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 7th. Morgan Stanley set a $108.00 price objective on shares of NextEra Energy and gave the company an “overweight” rating in a research report on Friday, April 17th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $104.00 price objective (up from $99.00) on shares of NextEra Energy in a research report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $98.70.

Insider Activity

In other news, EVP Nicole J. Daggs sold 4,934 shares of the business’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $93.00, for a total transaction of $458,862.00. Following the completion of the sale, the executive vice president directly owned 16,905 shares of the company’s stock, valued at approximately $1,572,165. The trade was a 22.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Terrell Kirk Crews II sold 19,672 shares of the business’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $90.27, for a total transaction of $1,775,791.44. Following the sale, the executive vice president directly owned 73,857 shares of the company’s stock, valued at $6,667,071.39. This represents a 21.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 31,767 shares of company stock valued at $2,881,077. 0.18% of the stock is currently owned by company insiders.

NextEra Energy Trading Down 0.1%

NEE stock opened at $93.01 on Monday. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. NextEra Energy, Inc. has a twelve month low of $63.88 and a twelve month high of $98.75. The stock has a market capitalization of $193.97 billion, a price-to-earnings ratio of 23.67, a price-to-earnings-growth ratio of 2.73 and a beta of 0.73. The firm’s fifty day simple moving average is $92.78 and its two-hundred day simple moving average is $87.40.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The business had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. During the same quarter in the previous year, the business posted $0.99 earnings per share. The business’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. As a group, analysts anticipate that NextEra Energy, Inc. will post 4 earnings per share for the current year.

NextEra Energy Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 27th were paid a dividend of $0.6232 per share. This is an increase from NextEra Energy’s previous quarterly dividend of $0.57. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Friday, February 27th. NextEra Energy’s payout ratio is presently 63.36%.

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.