NextEra Energy, Inc. $NEE Shares Purchased by Modus Advisors LLC

Modus Advisors LLC raised its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 32.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,715 shares of the utilities provider’s stock after purchasing an additional 7,100 shares during the period. Modus Advisors LLC’s holdings in NextEra Energy were worth $2,305,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NEE. Wedbush Securities Inc. lifted its stake in shares of NextEra Energy by 24.8% in the 3rd quarter. Wedbush Securities Inc. now owns 64,158 shares of the utilities provider’s stock worth $4,843,000 after acquiring an additional 12,738 shares during the period. Varma Mutual Pension Insurance Co lifted its stake in shares of NextEra Energy by 5.0% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 326,193 shares of the utilities provider’s stock worth $24,624,000 after acquiring an additional 15,600 shares during the period. Indivisible Partners acquired a new stake in shares of NextEra Energy in the 4th quarter worth approximately $1,355,000. Oppenheimer & Co. Inc. lifted its stake in shares of NextEra Energy by 43.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 333,278 shares of the utilities provider’s stock worth $25,159,000 after acquiring an additional 100,467 shares during the period. Finally, First Long Island Investors LLC acquired a new stake in shares of NextEra Energy in the 3rd quarter worth approximately $14,198,000. 78.72% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. UBS Group upped their price target on shares of NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. JPMorgan Chase & Co. upped their price target on shares of NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Wall Street Zen lowered shares of NextEra Energy from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Jefferies Financial Group upped their price target on shares of NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a research note on Tuesday, April 21st. Finally, Weiss Ratings upgraded shares of NextEra Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $99.20.

NextEra Energy Stock Up 0.2%

NEE stock opened at $85.86 on Friday. NextEra Energy, Inc. has a 52-week low of $67.20 and a 52-week high of $98.75. The company’s 50 day simple moving average is $91.66 and its 200-day simple moving average is $88.22. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The firm has a market capitalization of $179.05 billion, a P/E ratio of 21.85, a P/E/G ratio of 2.52 and a beta of 0.68.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) 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 analyst estimates of $7.43 billion. During the same quarter in the previous year, the business earned $0.99 earnings per share. The firm’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, equities research analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Announces Dividend

The business also recently disclosed 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 yield of 2.9%. The ex-dividend date is Friday, June 5th. NextEra Energy’s dividend payout ratio is currently 63.36%.

Insider Buying and Selling at NextEra Energy

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,934 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $93.00, for a total value of $458,862.00. Following the transaction, the executive vice president owned 16,905 shares in the company, valued at approximately $1,572,165. This represents a 22.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Treasurer James Michael May sold 7,161 shares of the company’s stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $90.27, for a total transaction of $646,423.47. Following the completion of the transaction, the treasurer owned 26,719 shares in the company, valued at approximately $2,411,924.13. This represents a 21.14% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 31,767 shares of company stock worth $2,881,077. 0.18% of the stock is currently owned by company insiders.

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.