Moran Wealth Management LLC Invests $1.47 Million in NextEra Energy, Inc. $NEE

Moran Wealth Management LLC bought a new stake in NextEra Energy, Inc. (NYSE:NEE) in the second quarter, HoldingsChannel.com reports. The institutional investor bought 16,727 shares of the utilities provider’s stock, valued at approximately $1,468,000.

Several other institutional investors also recently bought and sold shares of the stock. Anfield Capital Management LLC boosted its stake in shares of NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares during the period. Laurel Wealth Advisors LLC purchased a new position in shares of NextEra Energy in the fourth quarter worth $25,000. Financial Life Planners bought a new stake in NextEra Energy during the 1st quarter valued at $30,000. Wealth Watch Advisors INC boosted its position in NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after buying an additional 226 shares during the period. Finally, Manning & Napier Advisors LLC boosted its position in NextEra Energy by 104.9% during the 1st quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock valued at $31,000 after buying an additional 172 shares during the period. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

NEE has been the subject of a number of analyst reports. BMO Capital Markets increased their target price on shares of NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. Wall Street Zen downgraded NextEra Energy from a “sell” rating to a “strong sell” rating in a report on Saturday. Mizuho set a $95.00 price target on NextEra Energy in a research report on Monday, July 27th. HC Wainwright reiterated a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $108.00 price objective on shares of NextEra Energy in a research report on Monday, July 27th. Seventeen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $100.33.

NextEra Energy Stock Up 0.2%

Shares of NextEra Energy stock opened at $84.24 on Wednesday. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The firm has a market cap of $175.71 billion, a price-to-earnings ratio of 18.93, a PEG ratio of 2.30 and a beta of 0.67. The company has a 50-day moving average of $87.14 and a 200 day moving average of $89.83. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The company had revenue of $7.53 billion for the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter in the prior year, the business posted $1.05 EPS. The firm’s quarterly revenue was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, sell-side analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be given a $0.6232 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a yield of 3.0%. NextEra Energy’s payout ratio is 55.96%.

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.