Allspring Global Investments Holdings LLC Sells 170,043 Shares of NextEra Energy, Inc. $NEE

Allspring Global Investments Holdings LLC lessened its stake in NextEra Energy, Inc. (NYSE:NEEFree Report) by 6.8% in the 1st quarter, Holdings Channel reports. The institutional investor owned 2,348,462 shares of the utilities provider’s stock after selling 170,043 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in NextEra Energy were worth $218,055,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in NEE. Laurel Wealth Advisors LLC bought a new stake in NextEra Energy in the 4th quarter valued at $25,000. Anfield Capital Management LLC grew its position in NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares in the last quarter. Wealth Watch Advisors INC grew its position in NextEra Energy by 223.8% in the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 226 shares in the last quarter. Osbon Capital Management LLC acquired a new stake in NextEra Energy in the 4th quarter valued at $27,000. Finally, Strive Asset Management LLC acquired a new stake in NextEra Energy in the 3rd quarter valued at $29,000. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Trading Up 0.2%

NextEra Energy stock opened at $89.32 on Friday. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. The stock has a market capitalization of $186.27 billion, a P/E ratio of 22.73, a PEG ratio of 2.44 and a beta of 0.67. The stock has a 50-day simple moving average of $88.03 and a 200 day simple moving average of $89.18.

NextEra Energy (NYSE:NEEGet Free Report) last released its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.06. The firm had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.99 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

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

More NextEra Energy News

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Analyst Ratings Changes

A number of research firms have recently commented on NEE. BTIG Research restated a “buy” rating and set a $112.00 price objective on shares of NextEra Energy in a research note on Friday, April 24th. Morgan Stanley lifted their target price on NextEra Energy from $111.00 to $117.00 and gave the company an “overweight” rating in a research report on Wednesday, June 24th. Wall Street Zen upgraded NextEra Energy from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. JPMorgan Chase & Co. increased their price target on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research report on Wednesday, May 13th. Finally, Barclays set a $91.00 price target on NextEra Energy and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $99.64.

Check Out Our Latest Research Report on NextEra Energy

NextEra Energy Profile

(Free Report)

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.

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Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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