Worth Financial Advisory Group LLC Makes New Investment in NextEra Energy, Inc. $NEE

Worth Financial Advisory Group LLC acquired a new stake in NextEra Energy, Inc. (NYSE:NEE) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 7,046 shares of the utilities provider’s stock, valued at approximately $618,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Indivisible Partners bought a new position in NextEra Energy during the fourth quarter valued at approximately $1,355,000. Czech National Bank grew its holdings in shares of NextEra Energy by 4.7% in the second quarter. Czech National Bank now owns 593,568 shares of the utilities provider’s stock valued at $52,097,000 after purchasing an additional 26,378 shares in the last quarter. Swedbank AB grew its holdings in shares of NextEra Energy by 13.4% in the fourth quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock valued at $81,615,000 after purchasing an additional 120,389 shares in the last quarter. Annex Advisory Services LLC increased its position in NextEra Energy by 13.9% in the second quarter. Annex Advisory Services LLC now owns 711,009 shares of the utilities provider’s stock worth $62,405,000 after purchasing an additional 86,585 shares during the last quarter. Finally, MGO One Seven LLC increased its position in NextEra Energy by 12.1% in the fourth quarter. MGO One Seven LLC now owns 137,251 shares of the utilities provider’s stock worth $11,018,000 after purchasing an additional 14,828 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. JPMorgan Chase & Co. increased their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Evercore reaffirmed an “outperform” rating and set a $107.00 target price on shares of NextEra Energy in a research note on Monday, May 4th. Jefferies Financial Group set a $94.00 price target on NextEra Energy in a report on Tuesday, July 14th. Weiss Ratings lowered NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Finally, Scotiabank boosted their price objective on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a report on Friday, April 24th. Seventeen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, NextEra Energy has an average rating of “Moderate Buy” and an average target price of $100.33.

NextEra Energy Trading Down 1.6%

NYSE NEE opened at $83.71 on Friday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. 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 2.33 and a beta of 0.67. The company’s 50-day simple moving average is $87.22 and its two-hundred day simple moving average is $89.88. NextEra Energy, Inc. has a one year low of $69.24 and a one year high of $98.75.

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

NextEra Energy Dividend Announcement

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

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.