NextEra Energy, Inc. $NEE Shares Bought by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. lifted its holdings in NextEra Energy, Inc. (NYSE:NEEFree Report) by 45.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 70,703 shares of the utilities provider’s stock after acquiring an additional 21,926 shares during the quarter. Dana Investment Advisors Inc.’s holdings in NextEra Energy were worth $5,676,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in NEE. Pictet Asset Management Holding SA grew its stake in shares of NextEra Energy by 47.3% in the 4th quarter. Pictet Asset Management Holding SA now owns 9,254,022 shares of the utilities provider’s stock worth $742,913,000 after purchasing an additional 2,972,924 shares during the last quarter. Danica Pension Livsforsikringsaktieselskab acquired a new position in shares of NextEra Energy in the 3rd quarter worth approximately $177,198,000. Vanguard Group Inc. boosted its holdings in shares of NextEra Energy by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock worth $17,343,185,000 after buying an additional 2,234,176 shares during the period. Amundi boosted its holdings in shares of NextEra Energy by 16.7% in the third quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock worth $1,012,129,000 after buying an additional 1,780,881 shares during the period. Finally, PFA Pension Forsikringsaktieselskab acquired a new position in shares of NextEra Energy in the fourth quarter worth about $105,210,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Stock Performance

NEE stock opened at $93.34 on Friday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. The stock has a market cap of $194.64 billion, a P/E ratio of 23.75, a P/E/G ratio of 2.74 and a beta of 0.73. The firm has a 50 day simple moving average of $92.94 and a 200 day simple moving average of $87.81. NextEra Energy, Inc. has a 52 week low of $63.88 and a 52 week high of $98.75.

NextEra Energy (NYSE:NEEGet Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, topping the consensus estimate of $1.03 by $0.06. The business had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The firm’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period last year, the company posted $0.99 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Research analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

NEE has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their target price on shares of NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Wednesday. BMO Capital Markets reiterated an “outperform” rating and issued a $104.00 target price (up from $99.00) on shares of NextEra Energy in a report on Monday, April 27th. Jefferies Financial Group raised their target price on shares of NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a report on Tuesday, April 21st. TD Cowen raised their target price on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Finally, Evercore reiterated an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $99.10.

Read Our Latest Stock Report on NEE

More NextEra Energy News

Here are the key news stories impacting NextEra Energy this week:

Insider Buying and Selling

In related 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 shares were sold at an average price of $90.27, for a total transaction of $1,775,791.44. Following the completion of the sale, the executive vice president directly owned 73,857 shares in the company, valued at approximately $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 SEC, which can be accessed through the SEC website. Also, Treasurer James Michael May sold 7,161 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 transaction of $646,423.47. Following the sale, the treasurer owned 26,719 shares of the company’s stock, valued at approximately $2,411,924.13. This represents a 21.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 31,767 shares of company stock worth $2,881,077. 0.18% of the stock is owned by company insiders.

NextEra Energy Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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