NextEra Energy, Inc. (NYSE:NEE) Shares Bought by Mcdaniel Terry & Co.

Mcdaniel Terry & Co. increased its holdings in NextEra Energy, Inc. (NYSE:NEE) by 15.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,087 shares of the utilities provider’s stock after purchasing an additional 802 shares during the quarter. Mcdaniel Terry & Co.’s holdings in NextEra Energy were worth $515,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Proffitt & Goodson Inc. grew its position 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 valued at $26,000 after purchasing an additional 144 shares in the last quarter. Semmax Financial Advisors Inc. grew its position in shares of NextEra Energy by 197.4% in the second quarter. Semmax Financial Advisors Inc. now owns 339 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 225 shares in the last quarter. Valley Wealth Managers Inc. purchased a new stake in shares of NextEra Energy in the second quarter valued at approximately $33,000. Maryland Capital Advisors Inc. purchased a new stake in shares of NextEra Energy in the third quarter valued at approximately $39,000. Finally, Family Firm Inc. purchased a new stake in shares of NextEra Energy in the second quarter valued at approximately $40,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Trading Down 2.5 %

Shares of NextEra Energy stock opened at $82.82 on Friday. NextEra Energy, Inc. has a fifty-two week low of $53.81 and a fifty-two week high of $86.10. The firm has a market cap of $170.16 billion, a PE ratio of 22.57, a P/E/G ratio of 2.92 and a beta of 0.56. The business’s fifty day moving average is $82.19 and its two-hundred day moving average is $75.96. The company has a quick ratio of 0.41, a current ratio of 0.49 and a debt-to-equity ratio of 1.15.

NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Wednesday, October 23rd. The utilities provider reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.05. The business had revenue of $7.57 billion during the quarter, compared to the consensus estimate of $8.11 billion. NextEra Energy had a return on equity of 11.75% and a net margin of 24.45%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.94 EPS. Analysts anticipate that NextEra Energy, Inc. will post 3.4 earnings per share for the current year.

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Friday, November 22nd will be issued a $0.515 dividend. The ex-dividend date is Friday, November 22nd. This represents a $2.06 annualized dividend and a yield of 2.49%. NextEra Energy’s dividend payout ratio is currently 56.13%.

Insider Activity at NextEra Energy

In related news, EVP Nicole J. Daggs sold 658 shares of the stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $76.97, for a total value of $50,646.26. Following the completion of the sale, the executive vice president now directly owns 100 shares in the company, valued at approximately $7,697. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.18% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Guggenheim increased their price objective on NextEra Energy from $90.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday. Dbs Bank lowered NextEra Energy from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 27th. Wells Fargo & Company increased their price objective on NextEra Energy from $95.00 to $102.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 3rd. Citigroup increased 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. Finally, Jefferies Financial Group initiated coverage on NextEra Energy in a research note on Thursday, September 19th. They set a “hold” rating and a $87.00 price target on the stock. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, NextEra Energy currently has an average rating of “Hold” and an average target price of $86.38.

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.