NextEra Energy, Inc. (NYSE:NEE) Stock Holdings Lifted by Bowman & Co S.C.

Bowman & Co S.C. raised its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 7.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,157 shares of the utilities provider’s stock after purchasing an additional 875 shares during the period. Bowman & Co S.C.’s holdings in NextEra Energy were worth $872,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in NEE. Semmax Financial Advisors Inc. raised its position in NextEra Energy by 197.4% during the second quarter. Semmax Financial Advisors Inc. now owns 339 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 225 shares in the last quarter. Burkett Financial Services LLC lifted its stake in shares of NextEra Energy by 1,229.6% in the 4th quarter. Burkett Financial Services LLC now owns 359 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 332 shares during the last quarter. Reston Wealth Management LLC bought a new stake in NextEra Energy in the third quarter worth $27,000. Quarry LP acquired a new position in NextEra Energy during the third quarter worth $33,000. Finally, Maryland Capital Advisors Inc. bought a new position in NextEra Energy during the third quarter valued at about $39,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

NEE has been the topic of a number of analyst reports. Guggenheim increased their price objective on NextEra Energy from $90.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, October 24th. BMO Capital Markets lifted their price target on shares of NextEra Energy from $83.00 to $91.00 and gave the company an “outperform” rating in a research report on Friday, October 18th. Royal Bank of Canada downgraded shares of NextEra Energy from a “moderate buy” rating to a “hold” rating in a report on Tuesday, October 22nd. Barclays lifted their target price on shares of NextEra Energy from $80.00 to $82.00 and gave the stock an “equal weight” rating in a report on Friday, October 25th. Finally, Morgan Stanley decreased their price target on shares of NextEra Energy from $95.00 to $94.00 and set an “overweight” rating for the company in a report on Friday, November 22nd. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, NextEra Energy has an average rating of “Hold” and a consensus target price of $87.15.

NextEra Energy Stock Performance

NYSE:NEE opened at $70.83 on Friday. The company has a quick ratio of 0.33, a current ratio of 0.41 and a debt-to-equity ratio of 1.11. The firm has a 50-day moving average price of $73.50 and a 200 day moving average price of $77.17. The firm has a market capitalization of $145.66 billion, a PE ratio of 20.96, a price-to-earnings-growth ratio of 2.26 and a beta of 0.58. NextEra Energy, Inc. has a 12-month low of $53.95 and a 12-month high of $86.10.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Wednesday, October 23rd. The utilities provider reported $1.03 EPS for the quarter, beating the consensus estimate of $0.98 by $0.05. NextEra Energy had a return on equity of 11.94% and a net margin of 26.49%. The business had revenue of $7.57 billion for the quarter, compared to analyst estimates of $8.11 billion. During the same quarter in the previous year, the firm earned $0.94 EPS. NextEra Energy’s quarterly revenue was up 5.5% on a year-over-year basis. Research analysts anticipate that NextEra Energy, Inc. will post 3.41 earnings per share for the current fiscal year.

Insider Buying and Selling

In other NextEra Energy news, EVP Nicole J. Daggs sold 4,007 shares of the stock in a transaction on Tuesday, November 12th. The stock was sold at an average price of $75.57, for a total value of $302,808.99. Following the transaction, the executive vice president now directly owns 15,792 shares in the company, valued at approximately $1,193,401.44. This trade represents a 20.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.18% of the stock is owned by corporate insiders.

NextEra Energy Company Profile

NextEra Energy, Inc, through its subsidiaries, generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear,natural gas, and other clean energy. It also develops, constructs, and operates long-term contracted assets that consists of clean energy solutions, such as renewable generation facilities, battery storage projects, and electric transmission facilities; sells energy commodities; and owns, develops, constructs, manages and operates electric generation facilities in wholesale energy markets.