NextEra Energy, Inc. $NEE Stock: Wedmont Private Capital Grows Position

Wedmont Private Capital grew its position in NextEra Energy, Inc. (NYSE:NEE) by 27.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,452 shares of the utilities provider’s stock after purchasing an additional 7,087 shares during the period. Wedmont Private Capital’s holdings in NextEra Energy were worth $2,511,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Pin Oak Investment Advisors Inc. acquired a new stake in NextEra Energy during the 2nd quarter worth approximately $26,000. Kilter Group LLC acquired a new position in NextEra Energy during the second quarter valued at approximately $25,000. Manning & Napier Advisors LLC purchased a new stake in NextEra Energy during the second quarter worth approximately $26,000. Financial Life Planners purchased a new stake in NextEra Energy during the first quarter worth approximately $30,000. Finally, Osbon Capital Management LLC acquired a new stake in shares of NextEra Energy in the fourth quarter worth $27,000. 78.72% of the stock is owned by institutional investors and hedge funds.

NextEra Energy Price Performance

Shares of NEE stock opened at $77.34 on Friday. The firm has a fifty day simple moving average of $81.83 and a 200-day simple moving average of $87.05. The company has a market capitalization of $161.33 billion, a PE ratio of 17.38, a price-to-earnings-growth ratio of 2.38 and a beta of 0.64. NextEra Energy, Inc. has a twelve month low of $74.41 and a twelve month high of $98.75. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) 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 firm had revenue of $7.53 billion for the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter in the previous year, the firm posted $1.05 EPS. The firm’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. Equities research analysts anticipate that NextEra Energy, Inc. will post 4.04 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 28th were paid a $0.6232 dividend. The ex-dividend date was Friday, August 28th. This represents a $2.49 annualized dividend and a dividend yield of 3.2%. NextEra Energy’s payout ratio is 55.96%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of NextEra Energy in a research note on Tuesday, September 8th. HC Wainwright reaffirmed a “buy” rating on shares of NextEra Energy in a research report on Monday, July 27th. Wall Street Zen downgraded NextEra Energy from a “sell” rating to a “strong sell” rating in a report on Saturday, October 3rd. Morgan Stanley cut their price objective on NextEra Energy from $114.00 to $111.00 and set an “overweight” rating on the stock in a research report on Friday, September 18th. Finally, BMO Capital Markets boosted their price objective on NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Eighteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $98.95.

NextEra Energy Company Profile

NextEra Energy, Inc is an electric power and energy infrastructure company headquartered in Juno Beach, Florida. Through its principal subsidiary, Florida Power & Light Company (FPL), the company generates, transmits, distributes and sells electricity to customers across Florida. FPL serves residential, commercial and industrial customers and operates a diverse generation portfolio that includes natural gas, solar, nuclear and other resources.

NextEra Energy’s other major business, NextEra Energy Resources, develops, owns and operates energy projects in the United States and Canada.