Commerzbank Aktiengesellschaft FI Sells 7,402 Shares of NextEra Energy, Inc. $NEE

Commerzbank Aktiengesellschaft FI lowered its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 14.7% in the first quarter, Holdings Channel reports. The institutional investor owned 42,811 shares of the utilities provider’s stock after selling 7,402 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in NextEra Energy were worth $3,976,000 as of its most recent filing with the SEC.

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

Analyst Upgrades and Downgrades

NEE has been the subject of a number of analyst reports. Erste Group Bank downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. BMO Capital Markets dropped their price target on shares of NextEra Energy from $102.00 to $95.00 and set an “outperform” rating for the company in a research report on Monday. HSBC raised their price target on shares of NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Wall Street Zen raised NextEra Energy from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. Finally, Bank of America lowered their price objective on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a research note on Monday, July 13th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, NextEra Energy has an average rating of “Moderate Buy” and an average price target of $99.32.

NextEra Energy Trading Down 0.9%

Shares of NextEra Energy stock opened at $88.00 on Tuesday. The stock has a market capitalization of $183.51 billion, a P/E ratio of 22.39, a price-to-earnings-growth ratio of 2.43 and a beta of 0.67. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. The company has a 50-day simple moving average of $87.80 and a 200 day simple moving average of $89.29. NextEra Energy, Inc. has a 12-month low of $69.24 and a 12-month high of $98.75.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating analysts’ consensus estimates 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 net margin of 29.36% and a return on equity of 12.25%. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.99 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Research analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were paid a $0.6232 dividend. The ex-dividend date 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 63.36%.

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.