PFG Advisors Has $824,000 Holdings in NextEra Energy, Inc. $NEE

PFG Advisors lessened its stake in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) by 47.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,270 shares of the utilities provider’s stock after selling 9,365 shares during the quarter. PFG Advisors’ holdings in NextEra Energy were worth $824,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in NEE. Vanguard Group Inc. boosted its position in NextEra Energy by 0.4% during the third quarter. Vanguard Group Inc. now owns 213,799,521 shares of the utilities provider’s stock worth $16,139,726,000 after purchasing an additional 922,500 shares during the period. Legal & General Group Plc lifted its stake in shares of NextEra Energy by 2.3% in the third quarter. Legal & General Group Plc now owns 16,787,191 shares of the utilities provider’s stock worth $1,267,265,000 after buying an additional 373,088 shares during the last quarter. Amundi lifted its stake 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 last quarter. CIBC Private Wealth Group LLC boosted its holdings in shares of NextEra Energy by 1.9% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 7,585,666 shares of the utilities provider’s stock worth $572,642,000 after buying an additional 141,081 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in NextEra Energy by 1.8% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,953,009 shares of the utilities provider’s stock valued at $373,903,000 after buying an additional 89,586 shares during the last quarter. 78.72% of the stock is owned by institutional investors.

Key Stories Impacting NextEra Energy

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

Wall Street Analysts Forecast Growth

NEE has been the subject of a number of research analyst reports. BTIG Research reissued a “buy” rating and set a $103.00 target price on shares of NextEra Energy in a research report on Wednesday, January 28th. Wells Fargo & Company lifted their price objective on NextEra Energy from $98.00 to $99.00 and gave the stock an “overweight” rating in a research note on Monday. Seaport Research Partners cut their price objective on NextEra Energy from $56.00 to $55.00 and set a “sell” rating for the company in a research report on Monday, February 2nd. Argus set a $92.00 target price on NextEra Energy and gave the company a “buy” rating in a research note on Wednesday, January 28th. Finally, Erste Group Bank raised NextEra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, NextEra Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $95.67.

Get Our Latest Report on NEE

Insider Activity at NextEra Energy

In other news, EVP Nicole J. Daggs sold 4,934 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $93.00, for a total transaction of $458,862.00. Following the sale, the executive vice president directly owned 16,905 shares in the company, valued at approximately $1,572,165. The trade was a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO John W. Ketchum sold 99,603 shares of the company’s stock in a transaction 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 completion of the transaction, the chief executive officer 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 disclosure for this sale is available in the SEC filing. Insiders have sold 179,990 shares of company stock worth $16,155,409 in the last three months. Company insiders own 0.18% of the company’s stock.

NextEra Energy Stock Performance

NYSE:NEE opened at $96.33 on Friday. The firm’s 50-day moving average is $92.41 and its 200-day moving average is $86.72. The company has a market cap of $200.87 billion, a price-to-earnings ratio of 29.28, a PEG ratio of 2.64 and a beta of 0.74. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.49 and a current ratio of 0.60. NextEra Energy, Inc. has a 52-week low of $63.88 and a 52-week high of $96.70.

NextEra Energy (NYSE:NEEGet Free Report) last released its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.06. NextEra Energy had a net margin of 24.93% and a return on equity of 12.18%. The business had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.43 billion. During the same quarter last year, the company earned $0.99 earnings per share. The firm’s revenue was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Equities research analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Friday, February 27th were given a $0.6232 dividend. The ex-dividend date was Friday, February 27th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.6%. This is an increase from NextEra Energy’s previous quarterly dividend of $0.57. NextEra Energy’s dividend payout ratio is 75.68%.

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.

See Also

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

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