Puzo Michael J Takes $1.03 Million Position in NextEra Energy, Inc. $NEE

Puzo Michael J bought a new position in shares of NextEra Energy, Inc. (NYSE:NEE) in the first quarter, according to the company in its most recent filing with the SEC. The fund bought 11,115 shares of the utilities provider’s stock, valued at approximately $1,032,000.

Several other hedge funds have also recently bought and sold shares of NEE. Laurel Wealth Advisors LLC purchased a new stake in NextEra Energy during the fourth quarter worth approximately $25,000. Anfield Capital Management LLC increased its position in shares of NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 270 shares in the last quarter. Wealth Watch Advisors INC raised its stake 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 acquiring an additional 226 shares during the period. Osbon Capital Management LLC purchased a new position in shares of NextEra Energy in the 4th quarter valued at $27,000. Finally, Strive Asset Management LLC acquired a new position in shares of NextEra Energy during the 3rd quarter valued at $29,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Trading Down 0.9%

NYSE NEE opened at $88.00 on Tuesday. The stock has a market cap of $183.51 billion, a P/E ratio of 22.39, a PEG ratio of 2.43 and a beta of 0.67. The company’s fifty day simple moving average is $87.80 and its 200-day simple moving average is $89.29. 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, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share 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 business had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. During the same period last year, the business earned $0.99 EPS. The business’s 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. Equities research analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently announced 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. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, June 5th. NextEra Energy’s payout ratio is presently 63.36%.

Analyst Ratings Changes

A number of brokerages recently weighed in on NEE. BTIG Research reaffirmed a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a research report on Friday, April 24th. BMO Capital Markets cut their price objective on NextEra Energy from $102.00 to $95.00 and set an “outperform” rating on the stock in a research report on Monday. Wells Fargo & Company set a $102.00 price objective on NextEra Energy and gave the stock an “overweight” rating in a research note on Friday, April 24th. Evercore reaffirmed an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. increased their target price on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $99.32.

About NextEra Energy

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.