NextEra Energy, Inc. $NEE Shares Sold by Midwest Trust Co

Midwest Trust Co cut its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 3.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 275,953 shares of the utilities provider’s stock after selling 8,559 shares during the quarter. Midwest Trust Co’s holdings in NextEra Energy were worth $25,631,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in NEE. Laurel Wealth Advisors LLC acquired a new stake in shares of NextEra Energy during the fourth quarter worth $25,000. Anfield Capital Management LLC boosted its holdings in shares of NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after buying an additional 270 shares during the period. Wealth Watch Advisors INC boosted its holdings in shares of NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after buying an additional 226 shares during the period. Osbon Capital Management LLC bought a new stake in shares of NextEra Energy during the 4th quarter valued at about $27,000. Finally, Strive Asset Management LLC bought a new stake in shares of NextEra Energy during the 3rd quarter valued at about $29,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Stock Performance

NYSE:NEE traded up $0.79 during mid-day trading on Friday, hitting $87.89. The stock had a trading volume of 11,222,744 shares, compared to its average volume of 11,218,148. The stock has a market capitalization of $183.27 billion, a price-to-earnings ratio of 22.36, a P/E/G ratio of 2.58 and a beta of 0.67. The company has a 50 day simple moving average of $88.56 and a 200-day simple moving average of $88.87. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41.

NextEra Energy (NYSE:NEE) last posted 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. 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 during the quarter, compared to analysts’ expectations of $7.43 billion. During the same quarter in the prior year, the firm earned $0.99 EPS. NextEra Energy’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. On average, research analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were given a dividend of $0.6232 per share. The ex-dividend date was Friday, June 5th. This represents a $2.49 annualized dividend and a dividend yield of 2.8%. NextEra Energy’s payout ratio is currently 63.36%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on NEE shares. Erste Group Bank cut shares of NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. BTIG Research reaffirmed a “buy” rating and set a $112.00 target price on shares of NextEra Energy in a report on Friday, April 24th. BMO Capital Markets dropped their price target on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating on the stock in a research report on Monday, May 18th. Weiss Ratings downgraded NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Finally, Evercore restated an “outperform” rating and set a $107.00 price objective on shares of NextEra Energy in a research report on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $99.90.

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.