Koshinski Asset Management Inc. Acquires 5,783 Shares of NextEra Energy, Inc. $NEE

Koshinski Asset Management Inc. lifted its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 27.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,527 shares of the utilities provider’s stock after purchasing an additional 5,783 shares during the period. Koshinski Asset Management Inc.’s holdings in NextEra Energy were worth $2,130,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Isthmus Partners LLC boosted its position in shares of NextEra Energy by 1.9% during the 3rd quarter. Isthmus Partners LLC now owns 6,590 shares of the utilities provider’s stock valued at $497,000 after purchasing an additional 120 shares in the last quarter. Fingerlakes Wealth Management Inc. boosted its position in shares of NextEra Energy by 0.8% during the 3rd quarter. Fingerlakes Wealth Management Inc. now owns 16,215 shares of the utilities provider’s stock valued at $1,224,000 after purchasing an additional 124 shares in the last quarter. Heritage Wealth Management Inc. boosted its holdings in NextEra Energy by 1.0% in the third quarter. Heritage Wealth Management Inc. now owns 12,320 shares of the utilities provider’s stock worth $930,000 after acquiring an additional 125 shares in the last quarter. Westmount Partners LLC grew its stake in NextEra Energy by 1.9% in the fourth quarter. Westmount Partners LLC now owns 6,660 shares of the utilities provider’s stock valued at $535,000 after acquiring an additional 125 shares during the period. Finally, Crew Capital Management Ltd grew its stake in NextEra Energy by 3.9% in the fourth quarter. Crew Capital Management Ltd now owns 3,347 shares of the utilities provider’s stock valued at $269,000 after acquiring an additional 125 shares during the period. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Down 0.3%

NEE stock opened at $93.01 on Friday. NextEra Energy, Inc. has a twelve month low of $63.88 and a twelve month high of $98.75. 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 stock’s 50 day moving average is $92.78 and its 200-day moving average is $87.40. The firm has a market capitalization of $193.97 billion, a PE ratio of 23.67, a P/E/G ratio of 2.74 and a beta of 0.73.

NextEra Energy (NYSE:NEE) last posted its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $7.43 billion. During the same quarter last year, the company earned $0.99 earnings per share. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Sell-side analysts expect that NextEra Energy, Inc. will post 4 EPS for the current fiscal year.

NextEra Energy Increases Dividend

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

Analysts Set New Price Targets

A number of brokerages have commented on NEE. TD Cowen raised their price objective on NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Jefferies Financial Group raised their price objective on NextEra Energy from $92.00 to $93.00 and gave the company a “hold” rating in a research note on Tuesday, April 21st. BMO Capital Markets reissued an “outperform” rating and issued a $104.00 price objective (up from $99.00) on shares of NextEra Energy in a research note on Monday, April 27th. Wells Fargo & Company set a $102.00 price objective on NextEra Energy and gave the company an “overweight” rating in a research note on Friday, April 24th. Finally, Mizuho raised their price objective on NextEra Energy from $90.00 to $95.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $98.70.

Insider Buying and Selling

In other news, EVP Terrell Kirk Crews II sold 19,672 shares of the firm’s 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 $1,775,791.44. Following the transaction, the executive vice president owned 73,857 shares in the company, valued at $6,667,071.39. This trade represents a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO John W. Ketchum sold 99,603 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $89.34, for a total value of $8,898,532.02. Following the sale, the chief executive officer directly owned 305,933 shares of the company’s stock, valued at $27,332,054.22. The trade was a 24.56% 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 over the last three months. Company insiders own 0.18% of the company’s stock.

NextEra Energy 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.