Blake Schutter Theil Wealth Advisors LLC Acquires 300 Shares of NextEra Energy, Inc. $NEE

Blake Schutter Theil Wealth Advisors LLC lifted its holdings in NextEra Energy, Inc. (NYSE:NEE) by 5.1% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,197 shares of the utilities provider’s stock after purchasing an additional 300 shares during the period. Blake Schutter Theil Wealth Advisors LLC’s holdings in NextEra Energy were worth $430,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. GQG Partners LLC grew its holdings in NextEra Energy by 58.4% during the 1st quarter. GQG Partners LLC now owns 17,236,502 shares of the utilities provider’s stock valued at $1,221,896,000 after buying an additional 6,352,798 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of NextEra Energy by 20.7% in the first quarter. Charles Schwab Investment Management Inc. now owns 16,446,413 shares of the utilities provider’s stock valued at $1,165,748,000 after purchasing an additional 2,815,629 shares in the last quarter. Amundi grew its holdings in shares of NextEra Energy by 27.8% in the first quarter. Amundi now owns 12,200,990 shares of the utilities provider’s stock valued at $878,447,000 after purchasing an additional 2,657,438 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of NextEra Energy by 1.0% in the first quarter. Vanguard Group Inc. now owns 207,322,418 shares of the utilities provider’s stock valued at $14,697,086,000 after purchasing an additional 2,025,193 shares in the last quarter. Finally, Boston Partners grew its holdings in shares of NextEra Energy by 55.3% in the first quarter. Boston Partners now owns 5,300,839 shares of the utilities provider’s stock valued at $374,639,000 after purchasing an additional 1,886,999 shares in the last quarter. Institutional investors own 78.72% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Charles E. Sieving sold 11,336 shares of the firm’s stock in a transaction on Friday, October 3rd. The stock was sold at an average price of $80.00, for a total transaction of $906,880.00. Following the transaction, the executive vice president owned 167,481 shares in the company, valued at approximately $13,398,480. This trade represents a 6.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Robert Coffey sold 7,500 shares of NextEra Energy stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $71.84, for a total value of $538,800.00. Following the completion of the transaction, the executive vice president owned 26,539 shares in the company, valued at $1,906,561.76. This trade represents a 22.03% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 30,528 shares of company stock valued at $2,277,773 in the last three months. 0.20% of the stock is owned by company insiders.

NextEra Energy Stock Up 1.4%

NYSE:NEE opened at $84.42 on Friday. NextEra Energy, Inc. has a twelve month low of $61.72 and a twelve month high of $86.74. The company has a market cap of $173.85 billion, a price-to-earnings ratio of 29.52, a price-to-earnings-growth ratio of 2.85 and a beta of 0.66. The stock has a fifty day simple moving average of $76.64 and a 200-day simple moving average of $72.84. The company has a current ratio of 0.54, a quick ratio of 0.45 and a debt-to-equity ratio of 1.36.

NextEra Energy (NYSE:NEE) last released its earnings results on Wednesday, July 23rd. The utilities provider reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. NextEra Energy had a return on equity of 12.31% and a net margin of 22.84%.The business had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.52 billion. During the same period last year, the company earned $0.96 earnings per share. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. Analysts anticipate that NextEra Energy, Inc. will post 3.68 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 21st will be given a dividend of $0.5665 per share. This represents a $2.27 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, November 21st. NextEra Energy’s dividend payout ratio (DPR) is 79.37%.

Analyst Ratings Changes

A number of research firms recently weighed in on NEE. Mizuho set a $78.00 target price on shares of NextEra Energy in a report on Thursday, August 21st. Melius started coverage on shares of NextEra Energy in a report on Wednesday, August 20th. They issued a “buy” rating and a $77.00 target price for the company. BTIG Research upgraded NextEra Energy to a “strong-buy” rating in a research report on Wednesday. TD Cowen started coverage on NextEra Energy in a research report on Thursday, October 16th. They issued a “buy” rating and a $98.00 price target for the company. Finally, Morgan Stanley restated an “overweight” rating and issued a $95.00 price target (down from $96.00) on shares of NextEra Energy in a research report on Thursday, September 25th. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, NextEra Energy has a consensus rating of “Moderate Buy” and an average target price of $88.38.

About NextEra Energy

NextEra Energy, Inc, through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.