Nicholas Wealth LLC. Reduces Stock Position in NextEra Energy, Inc. $NEE

Nicholas Wealth LLC. cut its stake in NextEra Energy, Inc. (NYSE:NEE) by 36.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,730 shares of the utilities provider’s stock after selling 10,237 shares during the period. NextEra Energy makes up approximately 1.0% of Nicholas Wealth LLC.’s holdings, making the stock its 22nd largest holding. Nicholas Wealth LLC.’s holdings in NextEra Energy were worth $1,423,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in NEE. Laurel Wealth Advisors LLC purchased a new position in NextEra Energy in the fourth quarter valued at about $25,000. Anfield Capital Management LLC increased its stake in shares of NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 270 shares in the last quarter. Strive Asset Management LLC purchased a new position in shares of NextEra Energy during the 3rd quarter worth approximately $29,000. Quest 10 Wealth Builders Inc. increased its stake in shares of NextEra Energy by 135.4% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 218 shares in the last quarter. Finally, Joseph Group Capital Management purchased a new position in shares of NextEra Energy during the 4th quarter worth approximately $32,000. 78.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. HSBC raised their price objective on shares of NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Wall Street Zen cut shares of NextEra Energy from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Sanford C. Bernstein set a $107.00 price objective on shares of NextEra Energy in a research note on Tuesday. TD Cowen raised their price objective on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Finally, BTIG Research reissued a “buy” rating and set a $112.00 price objective on shares of NextEra Energy in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.57.

NextEra Energy Stock Up 0.2%

NEE stock opened at $86.25 on Wednesday. The stock has a market capitalization of $179.86 billion, a P/E ratio of 21.95, a PEG ratio of 2.53 and a beta of 0.68. 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 one year low of $67.20 and a one year high of $98.75. The company has a 50 day moving average price of $90.66 and a two-hundred day moving average price of $88.28.

NextEra Energy (NYSE:NEE) last released its 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 firm 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%. NextEra Energy’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, sell-side analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were paid a $0.6232 dividend. This represents a $2.49 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Friday, June 5th. NextEra Energy’s payout ratio is presently 63.36%.

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.