Chesapeake Capital Corp IL Purchases 9,259 Shares of NextEra Energy, Inc. $NEE

Chesapeake Capital Corp IL grew its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 326.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 12,096 shares of the utilities provider’s stock after acquiring an additional 9,259 shares during the quarter. Chesapeake Capital Corp IL’s holdings in NextEra Energy were worth $971,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of NextEra Energy by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock valued at $17,343,185,000 after acquiring an additional 2,234,176 shares during the period. Legal & General Group Plc lifted its position in shares of NextEra Energy by 2.3% during the 3rd quarter. Legal & General Group Plc now owns 16,787,191 shares of the utilities provider’s stock valued at $1,267,265,000 after acquiring an additional 373,088 shares during the period. Amundi lifted its position in shares of NextEra Energy by 16.7% during the 3rd quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock valued at $1,012,129,000 after acquiring an additional 1,780,881 shares during the period. Pictet Asset Management Holding SA lifted its position in shares of NextEra Energy by 47.3% during the 4th quarter. Pictet Asset Management Holding SA now owns 9,254,022 shares of the utilities provider’s stock valued at $742,913,000 after acquiring an additional 2,972,924 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its position in shares of NextEra Energy by 1.9% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 7,585,666 shares of the utilities provider’s stock valued at $572,642,000 after acquiring an additional 141,081 shares during the period. 78.72% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on NEE. Barclays upped their target price on NextEra Energy from $85.00 to $89.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 7th. BTIG Research reissued a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a report on Friday, April 24th. Weiss Ratings raised NextEra Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, April 27th. Jefferies Financial Group boosted their price target on NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a report on Tuesday, April 21st. Finally, Evercore reissued an “outperform” rating and set a $107.00 price target on shares of NextEra Energy in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $98.70.

NextEra Energy Trading Down 0.3%

Shares of NEE stock opened at $93.01 on Friday. The stock has a market cap of $193.97 billion, a price-to-earnings ratio of 23.67, a PEG ratio of 2.74 and a beta of 0.73. The stock has a 50-day moving average of $92.78 and a 200-day moving average of $87.40. 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 1-year low of $63.88 and a 1-year high of $98.75.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share 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 company 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 posted $0.99 earnings per share. The business’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, equities research analysts forecast that NextEra Energy, Inc. will post 4 earnings per share for the current year.

NextEra Energy Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were issued a $0.6232 dividend. The ex-dividend date was Friday, February 27th. This is an increase from NextEra Energy’s previous quarterly dividend of $0.57. This represents a $2.49 annualized dividend and a yield of 2.7%. NextEra Energy’s dividend payout ratio is currently 63.36%.

Insider Transactions at NextEra Energy

In other NextEra Energy news, Treasurer James Michael May sold 7,161 shares of the stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $646,423.47. Following the transaction, the treasurer owned 26,719 shares in the company, valued at approximately $2,411,924.13. This represents a 21.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Nicole J. Daggs sold 4,934 shares of the stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $93.00, for a total value of $458,862.00. Following the completion of the transaction, the executive vice president owned 16,905 shares in the company, valued at approximately $1,572,165. The trade was a 22.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 131,370 shares of company stock worth $11,779,609 in the last three months. Insiders own 0.18% of the company’s stock.

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.