NextEra Energy, Inc. $NEE Shares Sold by Torray Investment Partners LLC

Torray Investment Partners LLC reduced its position in NextEra Energy, Inc. (NYSE:NEE) by 15.1% in the 1st quarter, Holdings Channel reports. The firm owned 199,478 shares of the utilities provider’s stock after selling 35,548 shares during the quarter. NextEra Energy accounts for about 2.7% of Torray Investment Partners LLC’s portfolio, making the stock its 17th largest position. Torray Investment Partners LLC’s holdings in NextEra Energy were worth $18,528,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Laurel Wealth Advisors LLC purchased a new position in NextEra Energy during the fourth quarter worth approximately $25,000. Anfield Capital Management LLC boosted its stake in NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after buying an additional 270 shares during the period. Wealth Watch Advisors INC boosted its position in shares of NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 226 shares during the period. Osbon Capital Management LLC purchased a new position in shares of NextEra Energy during the fourth quarter worth $27,000. Finally, Strive Asset Management LLC purchased a new position in NextEra Energy during the 3rd quarter valued at about $29,000. 78.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

NEE has been the subject of several research reports. BTIG Research restated a “buy” rating and issued a $112.00 price target on shares of NextEra Energy in a research note on Friday, April 24th. Jefferies Financial Group increased their price target 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. Sanford C. Bernstein set a $107.00 target price on NextEra Energy and gave the stock an “outperform” rating in a research report on Tuesday, June 16th. BMO Capital Markets cut their target price on shares of NextEra Energy from $104.00 to $102.00 and set an “outperform” rating on the stock in a report on Monday, May 18th. Finally, Barclays set a $91.00 price objective on NextEra Energy and gave the company an “equal weight” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.90.

NextEra Energy Stock Performance

NYSE NEE traded up $0.79 on Friday, hitting $87.89. 11,222,744 shares of the company’s stock were exchanged, compared to its average volume of 11,218,148. The firm has a market cap of $183.27 billion, a price-to-earnings ratio of 22.36, a P/E/G ratio of 2.55 and a beta of 0.67. The firm’s 50-day moving average price is $88.56 and its two-hundred day moving average price is $88.87. NextEra Energy, Inc. has a fifty-two week low of $69.24 and a fifty-two week 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.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating the consensus estimate of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The business had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.43 billion. During the same period last year, the firm earned $0.99 EPS. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. On average, research analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were issued a $0.6232 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a yield of 2.8%. NextEra Energy’s dividend payout ratio (DPR) is 63.36%.

NextEra Energy Company 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.