NextEra Energy, Inc. $NEE Shares Sold by RWC Asset Management LLP

RWC Asset Management LLP lessened its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 22.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 372,225 shares of the utilities provider’s stock after selling 109,573 shares during the quarter. NextEra Energy makes up 1.5% of RWC Asset Management LLP’s investment portfolio, making the stock its 19th biggest position. RWC Asset Management LLP’s holdings in NextEra Energy were worth $29,882,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in NEE. SouthState Bank Corp raised its holdings in shares of NextEra Energy by 2.7% in the 4th quarter. SouthState Bank Corp now owns 276,720 shares of the utilities provider’s stock valued at $22,215,000 after buying an additional 7,356 shares during the period. Syon Capital LLC increased its stake in NextEra Energy by 4.7% during the fourth quarter. Syon Capital LLC now owns 30,011 shares of the utilities provider’s stock worth $2,409,000 after purchasing an additional 1,349 shares during the period. Capital International Sarl acquired a new stake in shares of NextEra Energy during the fourth quarter worth about $676,000. Capital International Inc. CA boosted its stake in shares of NextEra Energy by 11.8% in the fourth quarter. Capital International Inc. CA now owns 63,670 shares of the utilities provider’s stock valued at $5,111,000 after purchasing an additional 6,702 shares during the period. Finally, Los Angeles Capital Management LLC grew its holdings in shares of NextEra Energy by 26.5% in the fourth quarter. Los Angeles Capital Management LLC now owns 20,084 shares of the utilities provider’s stock valued at $1,640,000 after purchasing an additional 4,205 shares in the last quarter. 78.72% of the stock is owned by hedge funds and other institutional investors.

NextEra Energy Stock Performance

Shares of NEE stock opened at $85.86 on Monday. The stock’s 50-day moving average is $91.66 and its two-hundred day moving average is $88.24. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. NextEra Energy, Inc. has a 1 year low of $67.20 and a 1 year high of $98.75. The firm has a market cap of $179.05 billion, a price-to-earnings ratio of 21.85, a PEG ratio of 2.52 and a beta of 0.68.

NextEra Energy (NYSE:NEE) last released 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. 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 in the previous year, the company posted $0.99 earnings per share. The firm’s revenue was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, June 5th will be issued a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is currently 63.36%.

Insiders Place Their Bets

In other news, EVP Nicole J. Daggs sold 4,934 shares of the firm’s stock in a transaction 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 completion of the sale, the executive vice president owned 16,905 shares in the company, valued at approximately $1,572,165. This trade represents a 22.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.18% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on NEE shares. UBS Group upped their price objective on NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th. HSBC upped their price target on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a report on Tuesday, April 28th. Wells Fargo & Company set a $102.00 price objective on NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, April 24th. Morgan Stanley set a $111.00 target price on shares of NextEra Energy in a report on Thursday, May 21st. Finally, Weiss Ratings upgraded shares of NextEra Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, May 26th. One investment 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $99.20.

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.