Patten & Patten Inc. TN trimmed its position in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 4.0% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 149,125 shares of the utilities provider’s stock after selling 6,265 shares during the period. Patten & Patten Inc. TN’s holdings in NextEra Energy were worth $11,257,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in NextEra Energy by 7.0% during the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock worth $2,028,000 after purchasing an additional 1,840 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of NextEra Energy by 6.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock worth $348,000 after purchasing an additional 298 shares during the period. Acadian Asset Management LLC lifted its position in shares of NextEra Energy by 38.4% in the 1st quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider’s stock worth $887,000 after buying an additional 3,479 shares during the last quarter. Sivia Capital Partners LLC lifted its position in shares of NextEra Energy by 18.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider’s stock worth $386,000 after buying an additional 852 shares during the last quarter. Finally, Norden Group LLC boosted its holdings in shares of NextEra Energy by 45.3% in the 2nd quarter. Norden Group LLC now owns 6,233 shares of the utilities provider’s stock valued at $433,000 after buying an additional 1,943 shares during the period. Institutional investors and hedge funds own 78.72% of the company’s stock.
Wall Street Analyst Weigh In
NEE has been the topic of several research reports. TD Cowen initiated coverage on shares of NextEra Energy in a research note on Thursday, October 16th. They set a “buy” rating and a $98.00 price objective on the stock. Mizuho upped their target price on NextEra Energy from $78.00 to $88.00 and gave the company a “neutral” rating in a report on Monday, October 27th. UBS Group set a $91.00 price target on NextEra Energy and gave the stock a “buy” rating in a report on Wednesday, December 17th. BTIG Research restated a “buy” rating and set a $100.00 price objective on shares of NextEra Energy in a research report on Tuesday, December 9th. Finally, Evercore ISI reaffirmed an “outperform” rating and issued a $93.00 target price on shares of NextEra Energy in a research report on Tuesday, October 28th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, NextEra Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.94.
NextEra Energy Stock Performance
Shares of NEE stock opened at $84.84 on Friday. NextEra Energy, Inc. has a 12-month low of $61.72 and a 12-month high of $87.53. The firm has a market capitalization of $176.69 billion, a price-to-earnings ratio of 27.02, a price-to-earnings-growth ratio of 2.63 and a beta of 0.74. The business has a 50 day simple moving average of $82.25 and a 200 day simple moving average of $78.61. The company has a debt-to-equity ratio of 1.30, a current ratio of 0.55 and a quick ratio of 0.45.
NextEra Energy (NYSE:NEE – Get Free Report) last announced its earnings results on Tuesday, October 28th. The utilities provider reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.09. NextEra Energy had a return on equity of 12.42% and a net margin of 24.72%.The firm had revenue of $7.97 billion for the quarter, compared to the consensus estimate of $8.13 billion. During the same quarter in the previous year, the business earned $1.03 EPS. The firm’s revenue for the quarter was up 5.3% on a year-over-year basis. On average, equities research analysts anticipate that NextEra Energy, Inc. will post 3.68 EPS for the current year.
Insider Transactions at NextEra Energy
In related news, EVP Ronald R. Reagan sold 10,826 shares of the company’s stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $85.00, for a total value of $920,210.00. Following the completion of the sale, the executive vice president owned 15,643 shares of the company’s stock, valued at $1,329,655. This represents a 40.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Armando Pimentel, Jr. sold 145,140 shares of the stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $83.91, for a total transaction of $12,178,697.40. Following the completion of the transaction, the chief executive officer owned 162,693 shares of the company’s stock, valued at $13,651,569.63. This represents a 47.15% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.20% of the stock is owned by insiders.
Trending Headlines about NextEra Energy
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: Wells Fargo raised its price target on NEE to $98, which supports upside versus the current market price and can buoy investor sentiment. Wells Fargo Raises Price Target
- Positive Sentiment: Zacks highlights NextEra as a stronger utility pick versus Southern Company, citing higher growth forecasts and cleaner-energy exposure — a relative-strength argument that can attract rotation into NEE. Zacks: NEE vs Southern Company
- Positive Sentiment: Coverage framing NextEra as a leader in “AI-enabled” energy investing (Yahoo) can amplify thematic investor interest ahead of earnings, potentially supporting multiple expansion if execution stories are strong. Is NextEra the Best AI Energy Stock?
- Neutral Sentiment: Zacks previews the Q4 report and asks whether to buy, sell or hold, summarizing the conflicting forces of Florida utility growth and clean-energy demand versus a premium valuation — useful context but not a clear directional catalyst. Zacks Q4 Preview
- Neutral Sentiment: Zacks’ breakdown of analyst projections for Q4 metrics gives detail investors can use to model upside/downside around beats or misses, but it doesn’t change fundamentals by itself. Zacks: Analyst Projections
- Neutral Sentiment: A Yahoo piece examining whether NEE’s price reflects its clean-energy ambitions frames valuation questions for longer-term investors but is not an immediate catalyst. Yahoo: Does Price Reflect Ambitions?
- Neutral Sentiment: A Sharewise/Zacks feature roundup keeps NEE in the analyst spotlight; visibility helps liquidity but doesn’t by itself move fundamentals. Sharewise: Zacks Feature
- Negative Sentiment: A Seeking Alpha piece warns that broad investor love and positioning could be a risk — crowding and valuation multiple compression are flagged as potential downside triggers if growth disappoints. Seeking Alpha: Overcrowding Concern
- Negative Sentiment: Insider sale: EVP Ronald R. Reagan sold 10,826 shares at ~$85, materially reducing his stake — such disclosures often create short-term selling pressure or signal personal liquidity-taking. SEC Form 4: Insider Sale
NextEra Energy Profile
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.
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