NextEra Energy, Inc. (NYSE:NEE) Shares Bought by Roberts Wealth Advisors LLC

Roberts Wealth Advisors LLC boosted its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 3.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 69,223 shares of the utilities provider’s stock after purchasing an additional 2,454 shares during the period. NextEra Energy accounts for 1.8% of Roberts Wealth Advisors LLC’s investment portfolio, making the stock its 15th biggest holding. Roberts Wealth Advisors LLC’s holdings in NextEra Energy were worth $5,572,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Proffitt & Goodson Inc. increased its stake in shares of NextEra Energy by 64.0% in the second quarter. Proffitt & Goodson Inc. now owns 369 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 144 shares during the period. Semmax Financial Advisors Inc. lifted its holdings in shares of 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 during the period. Valley Wealth Managers Inc. bought a new position in NextEra Energy during the 2nd quarter valued at about $33,000. Family Firm Inc. acquired a new position in shares of NextEra Energy in the 2nd quarter worth approximately $40,000. Finally, Bbjs Financial Advisors LLC acquired a new position in NextEra Energy in the second quarter worth $43,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on NEE shares. Citigroup lifted their price objective on NextEra Energy from $69.00 to $84.00 and gave the stock a “buy” rating in a research report on Thursday, June 27th. Scotiabank increased their price target on NextEra Energy from $73.00 to $92.00 and gave the stock a “sector outperform” rating in a report on Tuesday, August 20th. Morgan Stanley raised their price objective on shares of NextEra Energy from $87.00 to $90.00 and gave the stock an “overweight” rating in a report on Wednesday, September 25th. BMO Capital Markets upped their price target on NextEra Energy from $79.00 to $83.00 and gave the stock an “outperform” rating in a research report on Monday, July 15th. Finally, Bank of America raised their price objective on NextEra Energy from $77.00 to $81.00 and gave the company a “neutral” rating in a report on Thursday, August 29th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $83.07.

Insider Activity

In other NextEra Energy news, EVP Nicole J. Daggs sold 658 shares of the firm’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $76.97, for a total transaction of $50,646.26. Following the completion of the transaction, the executive vice president now owns 100 shares of the company’s stock, valued at approximately $7,697. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.18% of the company’s stock.

NextEra Energy Stock Down 0.1 %

Shares of NYSE:NEE opened at $82.79 on Wednesday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.49 and a quick ratio of 0.41. NextEra Energy, Inc. has a one year low of $50.95 and a one year high of $86.10. The company has a market cap of $170.09 billion, a price-to-earnings ratio of 22.56, a PEG ratio of 2.92 and a beta of 0.56. The firm has a fifty day moving average price of $81.41 and a two-hundred day moving average price of $75.17.

NextEra Energy (NYSE:NEE) last released its earnings results on Wednesday, July 24th. The utilities provider reported $0.96 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.03. The company had revenue of $6.07 billion during the quarter, compared to the consensus estimate of $7.29 billion. NextEra Energy had a return on equity of 11.75% and a net margin of 24.45%. During the same quarter in the previous year, the company posted $0.88 EPS. Analysts anticipate that NextEra Energy, Inc. will post 3.4 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Friday, August 30th were paid a $0.515 dividend. The ex-dividend date was Friday, August 30th. This represents a $2.06 annualized dividend and a dividend yield of 2.49%. NextEra Energy’s payout ratio is presently 56.13%.

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.