Simplicity Wealth LLC Grows Stock Position in NextEra Energy, Inc. $NEE

Simplicity Wealth LLC boosted its holdings in NextEra Energy, Inc. (NYSE:NEE) by 126.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 27,863 shares of the utilities provider’s stock after acquiring an additional 15,573 shares during the period. Simplicity Wealth LLC’s holdings in NextEra Energy were worth $2,446,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its holdings in shares of NextEra Energy by 7.0% in the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock valued at $2,028,000 after purchasing an additional 1,840 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of NextEra Energy by 6.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock worth $348,000 after purchasing an additional 298 shares in the last quarter. Acadian Asset Management LLC raised its position in shares of NextEra Energy by 38.4% during the 1st quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider’s stock worth $887,000 after purchasing an additional 3,479 shares during the last quarter. Sivia Capital Partners LLC raised its position in shares of NextEra Energy by 18.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider’s stock worth $386,000 after purchasing an additional 852 shares during the last quarter. Finally, United Bank lifted its stake in NextEra Energy by 2.9% in the 2nd quarter. United Bank now owns 15,596 shares of the utilities provider’s stock valued at $1,083,000 after buying an additional 444 shares in the last quarter. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

NextEra Energy Price Performance

NEE stock opened at $84.27 on Thursday. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75. The stock’s fifty day simple moving average is $87.11 and its 200-day simple moving average is $89.80. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of $175.77 billion, a price-to-earnings ratio of 18.94, a price-to-earnings-growth ratio of 2.30 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last released its earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating 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 firm had revenue of $7.53 billion during the quarter, compared to analyst estimates of $8.11 billion. During the same period in the prior year, the firm posted $1.05 earnings per share. The business’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. Equities research analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts have weighed in on NEE shares. Barclays set a $91.00 price target on NextEra Energy and gave the stock an “equal weight” rating in a research report on Tuesday, July 7th. Morgan Stanley set a $114.00 price objective on NextEra Energy and gave the company an “overweight” rating in a research note on Friday, August 21st. Jefferies Financial Group set a $94.00 price objective on NextEra Energy in a research report on Tuesday, July 14th. Sanford C. Bernstein reissued an “outperform” rating and issued a $108.00 target price on shares of NextEra Energy in a research note on Monday, July 27th. Finally, JPMorgan Chase & Co. upped their target price on shares of NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. Seventeen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $100.33.

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.