Crossmark Global Holdings Inc. Raises Stake in NextEra Energy, Inc. $NEE

Crossmark Global Holdings Inc. grew its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 15.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 124,508 shares of the utilities provider’s stock after acquiring an additional 16,969 shares during the period. Crossmark Global Holdings Inc.’s holdings in NextEra Energy were worth $9,996,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Laurel Wealth Advisors LLC purchased a new stake in shares of NextEra Energy during the 4th quarter worth $25,000. Anfield Capital Management LLC boosted its position in shares of NextEra Energy by 692.3% in the 4th 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. Strive Asset Management LLC purchased a new stake in shares of NextEra Energy in the 3rd quarter worth about $29,000. Quest 10 Wealth Builders Inc. boosted its position in shares of NextEra Energy by 135.4% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock worth $30,000 after buying an additional 218 shares in the last quarter. Finally, Joseph Group Capital Management purchased a new stake in shares of NextEra Energy in the 4th quarter worth about $32,000. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO John W. Ketchum sold 99,603 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $89.34, for a total transaction of $8,898,532.02. Following the completion of the transaction, the chief executive officer directly owned 305,933 shares in the company, valued at approximately $27,332,054.22. This represents a 24.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed 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 shares were sold at an average price of $93.00, for a total value of $458,862.00. Following the transaction, the executive vice president owned 16,905 shares of the company’s stock, valued at approximately $1,572,165. This trade represents a 22.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 131,370 shares of company stock worth $11,779,609 in the last 90 days. 0.18% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

NEE has been the topic of several recent research reports. The Goldman Sachs Group boosted their price objective on shares of NextEra Energy from $94.00 to $98.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Morgan Stanley set a $108.00 price objective on shares of NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, April 17th. Wall Street Zen lowered shares of NextEra Energy from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. Evercore reiterated an “outperform” rating and issued a $107.00 price objective on shares of NextEra Energy in a research report on Monday, May 4th. Finally, UBS Group boosted their price objective on shares of NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, NextEra Energy currently has a consensus rating of “Moderate Buy” and an average price target of $98.70.

NextEra Energy Trading Down 0.3%

NYSE NEE opened at $93.01 on Friday. NextEra Energy, Inc. has a 12 month low of $63.88 and a 12 month high of $98.75. The company has a 50-day moving average of $92.78 and a 200-day moving average of $87.40. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The company has a market cap of $193.97 billion, a P/E ratio of 23.67, a P/E/G ratio of 2.73 and a beta of 0.73.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data 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 company had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, equities analysts predict that NextEra Energy, Inc. will post 4 earnings per share for the current year.

NextEra Energy Increases Dividend

The business 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 represents a $2.49 dividend on an annualized basis and a yield of 2.7%. This is a boost from NextEra Energy’s previous quarterly dividend of $0.57. NextEra Energy’s dividend payout ratio (DPR) is currently 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.