WealthShield Partners LLC Makes New Investment in NextEra Energy, Inc. $NEE

WealthShield Partners LLC purchased a new stake in NextEra Energy, Inc. (NYSE:NEE) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 22,517 shares of the utilities provider’s stock, valued at approximately $1,976,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Geode Capital Management LLC increased its stake in shares of NextEra Energy by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock worth $3,781,790,000 after buying an additional 966,152 shares during the period. Norges Bank purchased a new position in NextEra Energy in the fourth quarter worth approximately $2,816,327,000. Price T Rowe Associates Inc. MD grew its holdings in NextEra Energy by 6.6% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 18,365,788 shares of the utilities provider’s stock worth $1,474,407,000 after acquiring an additional 1,136,074 shares in the last quarter. Deutsche Bank AG increased its position in shares of NextEra Energy by 2.9% in the 4th quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock valued at $1,387,347,000 after purchasing an additional 485,854 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of NextEra Energy by 1.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 17,220,630 shares of the utilities provider’s stock valued at $1,382,473,000 after purchasing an additional 253,273 shares during the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on NEE shares. DA Davidson raised their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. JPMorgan Chase & Co. boosted their target price 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. Mizuho set a $95.00 target price on NextEra Energy in a report on Monday, July 27th. Jefferies Financial Group set a $94.00 price target on NextEra Energy in a research note on Tuesday, July 14th. Finally, Evercore reaffirmed an “outperform” rating and set a $107.00 price target on shares of NextEra Energy in a report on Monday, May 4th. Seventeen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $100.33.

NextEra Energy Stock Down 2.1%

NEE opened at $81.74 on Friday. The business’s 50-day simple moving average is $86.95 and its 200-day simple moving average is $89.70. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. NextEra Energy, Inc. has a one year low of $69.24 and a one year high of $98.75. The stock has a market capitalization of $170.49 billion, a P/E ratio of 18.37, a price-to-earnings-growth ratio of 2.24 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last announced its earnings results 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 during the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The business’s revenue was up 12.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be issued 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 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.