NBT Bank N.A. bought a new position in NextEra Energy, Inc. (NYSE:NEE – Free Report) during the third quarter, Holdings Channel reports. The firm bought 81,381 shares of the utilities provider’s stock, valued at approximately $6,164,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Legal & General Group Plc acquired a new position in NextEra Energy in the second quarter valued at approximately $1,465,987,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in NextEra Energy by 5.8% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,302,084 shares of the utilities provider’s stock worth $1,430,834,000 after purchasing an additional 895,824 shares in the last quarter. Amundi boosted its position in NextEra Energy by 46.5% in the 2nd quarter. Amundi now owns 13,329,077 shares of the utilities provider’s stock worth $1,169,839,000 after purchasing an additional 4,231,814 shares in the last quarter. Bessemer Group Inc. boosted its position in NextEra Energy by 8.5% in the 1st quarter. Bessemer Group Inc. now owns 10,187,013 shares of the utilities provider’s stock worth $946,169,000 after purchasing an additional 799,546 shares in the last quarter. Finally, Pictet Asset Management Holding SA grew its stake in shares of NextEra Energy by 4.3% during the 1st quarter. Pictet Asset Management Holding SA now owns 9,648,920 shares of the utilities provider’s stock worth $896,185,000 after purchasing an additional 394,898 shares during the period. 78.72% of the stock is owned by institutional investors and hedge funds.
NextEra Energy News Summary
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: Q3 earnings beat estimates: NextEra reported adjusted earnings of $1.24 per share, up from $1.13 a year earlier and ahead of the $1.20 consensus estimate. Florida Power & Light’s performance and growth at NextEra Energy Resources supported the result. NextEra Energy beats third-quarter profit estimates
- Positive Sentiment: Guidance and growth remain intact: Management maintained its 2026 adjusted EPS forecast of $3.92 to $4.02 and said it is targeting the high end. Energy Resources added 3.7 gigawatts of renewable and storage projects to its backlog, bringing the total to approximately 36.7 GW. Management also highlighted a potential $20 billion data-center pipeline. NextEra Energy Posts Third-Quarter GAAP Net Income
- Positive Sentiment: Dividend supports income appeal: The board declared a quarterly dividend of $0.6232 per share, payable Dec. 15 to shareholders of record Nov. 27. The announcement reinforces NextEra’s appeal to utility and income-oriented investors. NextEra Energy board declares quarterly dividend
- Neutral Sentiment: Analysts remain broadly constructive but divided: Sanford C. Bernstein reaffirmed an Outperform rating with a $108 target, while HSBC reduced its target to $103 from $114. These revisions suggest upside is still seen, but expectations have moderated.
- Negative Sentiment: Revenue missed expectations: Third-quarter revenue of $8.09 billion increased 1.6% year over year but fell short of the $8.47 billion consensus, which could limit enthusiasm if earnings growth does not translate into stronger sales.
- Negative Sentiment: Merger-related regulatory uncertainty persists: Virginia Governor Abigail Spanberger is urging regulators to reject or modify the proposed Dominion-NextEra deal and is seeking a six-year rate freeze and additional customer protections. A prolonged review or tougher conditions could raise execution and financial risks. Spanberger critical of Dominion-NextEra merger deal
Analysts Set New Price Targets
Several research firms have recently weighed in on NEE. Morgan Stanley set a $110.00 target price on shares of NextEra Energy and gave the company an “overweight” rating in a report on Wednesday, October 14th. BTIG Research set a $106.00 price target on shares of NextEra Energy in a report on Thursday. Sanford C. Bernstein reissued an “outperform” rating and set a $108.00 price target on shares of NextEra Energy in a report on Wednesday. Seaport Research Partners restated a “sell” rating and set a $56.00 price target (up from $55.00) on shares of NextEra Energy in a research report on Friday, October 2nd. Finally, Wells Fargo & Company raised shares of NextEra Energy to a “strong-buy” rating in a report on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, NextEra Energy has an average rating of “Moderate Buy” and a consensus target price of $97.95.
Check Out Our Latest Stock Analysis on NextEra Energy
NextEra Energy Stock Performance
Shares of NEE stock opened at $81.90 on Friday. The company has a market capitalization of $170.85 billion, a P/E ratio of 18.40, a P/E/G ratio of 2.43 and a beta of 0.64. The business’s 50 day moving average is $80.63 and its two-hundred day moving average is $86.20. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.33. NextEra Energy, Inc. has a 12-month low of $74.41 and a 12-month high of $98.75.
NextEra Energy (NYSE:NEE – Get Free Report) last issued its quarterly earnings data on Wednesday, October 21st. The utilities provider reported $1.24 EPS for the quarter, beating the consensus estimate of $1.20 by $0.04. The company had revenue of $8.09 billion for the quarter, compared to analyst estimates of $8.47 billion. NextEra Energy had a return on equity of 12.27% and a net margin of 40.37%. NextEra Energy’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period last year, the company earned $1.13 earnings per share. Analysts expect that NextEra Energy, Inc. will post 4.00 EPS for the current fiscal year.
NextEra Energy Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Friday, November 27th will be given a dividend of $0.6232 per share. The ex-dividend date is Friday, November 27th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. NextEra Energy’s dividend payout ratio (DPR) is 55.96%.
NextEra Energy Profile
NextEra Energy, Inc is an energy infrastructure company headquartered in Juno Beach, Florida. Through its businesses, the company generates, transmits, distributes and sells electricity, with a focus on regulated utility operations and clean energy development.
Florida Power & Light Company, NextEra Energy’s principal regulated utility, serves customers across much of Florida. FPL operates electric generation, transmission and distribution infrastructure and provides retail electricity service to residential, commercial and industrial customers.
NextEra Energy Resources develops, owns and operates renewable energy and energy storage projects, including wind and solar facilities.
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