NextEra Energy, Inc. $NEE Position Reduced by Robbins Farley

Robbins Farley cut its holdings in NextEra Energy, Inc. (NYSE:NEE) by 8.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 70,360 shares of the utilities provider’s stock after selling 6,134 shares during the period. NextEra Energy makes up 2.9% of Robbins Farley’s portfolio, making the stock its 5th largest position. Robbins Farley’s holdings in NextEra Energy were worth $6,535,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Indivisible Partners purchased a new stake in NextEra Energy during the 4th quarter valued at $1,355,000. First Long Island Investors LLC bought a new stake in NextEra Energy in the 3rd quarter worth $14,198,000. SevenBridge Financial Group LLC increased its position in shares of NextEra Energy by 39.7% in the third quarter. SevenBridge Financial Group LLC now owns 49,603 shares of the utilities provider’s stock valued at $3,745,000 after acquiring an additional 14,089 shares during the period. Swedbank AB increased its position 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 acquiring an additional 120,389 shares during the period. Finally, Carnegie Investment Counsel raised its stake in shares of NextEra Energy by 9.4% during the fourth quarter. Carnegie Investment Counsel now owns 458,141 shares of the utilities provider’s stock valued at $36,780,000 after acquiring an additional 39,250 shares during the last quarter. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of NextEra Energy from a “sell” rating to a “hold” rating in a report on Saturday. BTIG Research restated a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a report on Friday, April 24th. Sanford C. Bernstein set a $107.00 price target on NextEra Energy and gave the company an “outperform” rating in a research report on Tuesday, June 16th. DA Davidson increased their price objective on NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, Morgan Stanley set a $111.00 price objective on NextEra Energy in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $99.57.

NextEra Energy Price Performance

NEE opened at $86.05 on Tuesday. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. The company has a market cap of $179.45 billion, a price-to-earnings ratio of 21.90, a price-to-earnings-growth ratio of 2.54 and a beta of 0.68. The stock has a fifty day simple moving average of $90.07 and a two-hundred day simple moving average of $88.31. NextEra Energy, Inc. has a 12-month low of $67.20 and a 12-month high of $98.75.

NextEra Energy (NYSE:NEE) last announced its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 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 firm had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. During the same quarter in the previous year, the business posted $0.99 EPS. The company’s quarterly revenue was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Research analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were given a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) 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.