Rep. Marjorie Taylor Greene Purchases Shares of NextEra Energy, Inc. (NYSE:NEE)

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of NextEra Energy, Inc. (NYSE:NEE). In a filing disclosed on January 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in NextEra Energy stock on January 21st.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Old Dominion Freight Line (NASDAQ:ODFL) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Devon Energy (NYSE:DVN) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Kinder Morgan (NYSE:KMI) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Norfolk Southern (NYSE:NSC) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Cardinal Health (NYSE:CAH) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 1/21/2025.

NextEra Energy Stock Down 4.5 %

Shares of NEE opened at $70.50 on Wednesday. The firm has a market capitalization of $144.97 billion, a price-to-earnings ratio of 20.86, a PEG ratio of 2.29 and a beta of 0.58. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.33 and a current ratio of 0.41. The business’s fifty day moving average price is $72.97 and its two-hundred day moving average price is $77.18. NextEra Energy, Inc. has a 52 week low of $53.95 and a 52 week high of $86.10.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Friday, January 24th. The utilities provider reported $0.53 EPS for the quarter, meeting analysts’ consensus estimates of $0.53. NextEra Energy had a return on equity of 11.94% and a net margin of 26.49%. On average, analysts predict that NextEra Energy, Inc. will post 3.41 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Nicole J. Daggs sold 4,007 shares of the business’s stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $75.57, for a total transaction of $302,808.99. Following the completion of the sale, the executive vice president now owns 15,792 shares in the company, valued at $1,193,401.44. The trade was a 20.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.18% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On NextEra Energy

Hedge funds have recently modified their holdings of the stock. Burkett Financial Services LLC grew its holdings 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 acquiring an additional 332 shares in the last quarter. Reston Wealth Management LLC bought a new position in NextEra Energy during the third quarter worth about $27,000. Sugar Maple Asset Management LLC bought a new position in NextEra Energy during the fourth quarter worth about $28,000. Quarry LP bought a new position in NextEra Energy during the third quarter worth about $33,000. Finally, Luken Investment Analytics LLC bought a new position in NextEra Energy during the fourth quarter worth about $36,000. Institutional investors own 78.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Evercore ISI reduced their price target on NextEra Energy from $84.00 to $79.00 and set an “in-line” rating on the stock in a research report on Monday. Guggenheim raised their price target on NextEra Energy from $90.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Morgan Stanley raised their price target on NextEra Energy from $93.00 to $94.00 and gave the stock an “overweight” rating in a research report on Thursday, January 23rd. Jefferies Financial Group reduced their price target on NextEra Energy from $81.00 to $77.00 in a research report on Monday. Finally, Scotiabank raised their price objective on NextEra Energy from $92.00 to $96.00 and gave the stock a “sector outperform” rating in a research note on Thursday, December 12th. Eight analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $85.85.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2025. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2024 election. Marjorie Taylor Greene earned a bachelor’s degree in business administration from the University of Georgia. Greene’s career experience includes co-owning construction company Taylor Commercial and founding and owning a CrossFit gym.

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.