J.W. Cole Advisors Inc. Sells 8,207 Shares of NextEra Energy, Inc. $NEE

J.W. Cole Advisors Inc. reduced its holdings in NextEra Energy, Inc. (NYSE:NEE) by 5.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,043 shares of the utilities provider’s stock after selling 8,207 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in NextEra Energy were worth $11,312,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Laurel Wealth Advisors LLC acquired a new position in shares of NextEra Energy in the 4th quarter worth approximately $25,000. Anfield Capital Management LLC boosted its holdings in shares of NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 270 shares in the last quarter. Strive Asset Management LLC acquired a new position in shares of NextEra Energy in the 3rd quarter worth approximately $29,000. Quest 10 Wealth Builders Inc. boosted its holdings in shares of NextEra Energy by 135.4% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock worth $30,000 after acquiring an additional 218 shares in the last quarter. Finally, Joseph Group Capital Management acquired a new position in shares of NextEra Energy in the 4th quarter worth approximately $32,000. 78.72% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently commented on NEE shares. Wells Fargo & Company set a $102.00 target price on NextEra Energy and gave the stock an “overweight” rating in a report on Friday, April 24th. Morgan Stanley set a $111.00 target price on NextEra Energy in a report on Thursday, May 21st. Mizuho boosted their target price on NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Erste Group Bank raised NextEra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. Finally, JPMorgan Chase & Co. upped their price objective on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, NextEra Energy presently has an average rating of “Moderate Buy” and a consensus target price of $99.20.

Insiders Place Their Bets

In other NextEra Energy news, EVP Terrell Kirk Crews II sold 19,672 shares of the company’s stock in a transaction 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 owned 73,857 shares in the company, valued at approximately $6,667,071.39. The trade was a 21.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Nicole J. Daggs sold 4,934 shares of the company’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $93.00, for a total transaction of $458,862.00. Following the sale, the executive vice president owned 16,905 shares of the company’s stock, valued at $1,572,165. The trade was a 22.59% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 31,767 shares of company stock valued at $2,881,077. 0.18% of the stock is currently owned by corporate insiders.

NextEra Energy Stock Up 1.2%

NYSE:NEE opened at $85.62 on Friday. The stock’s fifty day moving average price is $91.77 and its two-hundred day moving average price is $88.24. NextEra Energy, Inc. has a 52-week low of $67.20 and a 52-week high of $98.75. 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 company has a market cap of $178.54 billion, a price-to-earnings ratio of 21.79, a P/E/G ratio of 2.48 and a beta of 0.68.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (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 firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. During the same quarter in the prior year, the business earned $0.99 EPS. The business’s revenue for the quarter 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. On average, analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders 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 yield of 2.9%. NextEra Energy’s dividend payout ratio is currently 63.36%.

About NextEra Energy

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.