NextEra Energy, Inc. $NEE Holdings Boosted by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC boosted its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 5.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 133,063 shares of the utilities provider’s stock after purchasing an additional 6,509 shares during the period. Sequoia Financial Advisors LLC’s holdings in NextEra Energy were worth $10,682,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC purchased a new position in NextEra Energy during the 4th quarter worth approximately $25,000. Quest 10 Wealth Builders Inc. boosted its stake in shares of NextEra Energy by 135.4% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock valued at $30,000 after buying an additional 218 shares during the period. Strive Asset Management LLC acquired a new stake in shares of NextEra Energy during the 3rd quarter valued at $29,000. Joseph Group Capital Management acquired a new stake in shares of NextEra Energy during the 4th quarter valued at $32,000. Finally, Lodestone Wealth Management LLC acquired a new stake in shares of NextEra Energy during the 4th quarter valued at $33,000. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on NEE shares. Erste Group Bank raised shares of NextEra Energy from a “hold” rating to a “buy” rating in a research note on Wednesday, February 18th. BMO Capital Markets reissued an “outperform” rating and set a $104.00 target price (up from $99.00) on shares of NextEra Energy in a research note on Monday, April 27th. HSBC lifted their target price on shares of NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. The Goldman Sachs Group lifted their target price on shares of NextEra Energy from $94.00 to $98.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Finally, Jefferies Financial Group lifted their target price on shares of NextEra Energy from $92.00 to $93.00 and gave the company a “hold” rating in a research note on Tuesday, April 21st. One research 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 stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $98.70.

Insider Activity

In related news, CEO John W. Ketchum sold 99,603 shares of NextEra Energy stock in a transaction on Monday, February 9th. The shares were sold at an average price of $89.34, for a total value of $8,898,532.02. Following the transaction, the chief executive officer owned 305,933 shares in the company, valued at $27,332,054.22. This trade represents a 24.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Terrell Kirk Crews II sold 19,672 shares of NextEra Energy stock in a transaction on Monday, March 9th. The stock was sold at an average price of $90.27, for a total transaction of $1,775,791.44. Following the completion of the transaction, the executive vice president owned 73,857 shares in the company, valued at $6,667,071.39. This trade represents a 21.03% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 131,370 shares of company stock worth $11,779,609. Insiders own 0.18% of the company’s stock.

NextEra Energy Stock Performance

Shares of NEE opened at $93.30 on Friday. The company has a market capitalization of $194.57 billion, a PE ratio of 23.74, a price-to-earnings-growth ratio of 2.80 and a beta of 0.73. NextEra Energy, Inc. has a one year low of $63.88 and a one year high of $98.75. 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 company’s fifty day moving average price is $92.78 and its 200 day moving average price is $87.40.

NextEra Energy (NYSE:NEE) last announced its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, topping the consensus estimate of $1.03 by $0.06. The firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, analysts expect that NextEra Energy, Inc. will post 4 earnings per share for the current year.

NextEra Energy Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Friday, February 27th were issued a $0.6232 dividend. This is a boost from NextEra Energy’s previous quarterly dividend of $0.57. The ex-dividend date was Friday, February 27th. This represents a $2.49 annualized dividend and a yield of 2.7%. NextEra Energy’s payout ratio is 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.