NextEra Energy, Inc. $NEE Stock Sold by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. cut its holdings in NextEra Energy, Inc. (NYSE:NEE) by 71.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,867 shares of the utilities provider’s stock after selling 9,911 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in NextEra Energy were worth $293,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of NEE. First Citizens Bank & Trust Co. raised its stake in NextEra Energy by 53.5% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 72,268 shares of the utilities provider’s stock worth $5,474,000 after acquiring an additional 25,180 shares during the period. Focus Financial Network Inc. boosted its position in shares of NextEra Energy by 4.9% in the third quarter. Focus Financial Network Inc. now owns 13,248 shares of the utilities provider’s stock worth $1,003,000 after purchasing an additional 619 shares during the period. Roberts Wealth Advisors LLC boosted its position in shares of NextEra Energy by 2.1% in the third quarter. Roberts Wealth Advisors LLC now owns 78,492 shares of the utilities provider’s stock worth $5,945,000 after purchasing an additional 1,642 shares during the period. ASK Capital Investment Managers LLC purchased a new stake in shares of NextEra Energy in the third quarter worth $3,023,000. Finally, Cohen Capital Management Inc. increased its stake in shares of NextEra Energy by 1.2% in the third quarter. Cohen Capital Management Inc. now owns 105,426 shares of the utilities provider’s stock worth $7,985,000 after purchasing an additional 1,210 shares in the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Trading Up 0.0%

NEE stock traded up $0.02 during mid-day trading on Wednesday, reaching $78.24. 4,732,735 shares of the stock traded hands, compared to its average volume of 10,734,374. NextEra Energy, Inc. has a one year low of $74.41 and a one year high of $98.75. The stock has a market capitalization of $163.22 billion, a PE ratio of 17.58, a PEG ratio of 2.41 and a beta of 0.64. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. The business has a 50-day moving average price of $81.49 and a two-hundred day moving average price of $86.85.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. The firm had revenue of $7.53 billion during the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the previous year, the company earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities research analysts expect that NextEra Energy, Inc. will post 4.03 EPS for the current year.

NextEra Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 28th were issued a dividend of $0.6232 per share. The ex-dividend date was Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a yield of 3.2%. NextEra Energy’s dividend payout ratio (DPR) is presently 55.96%.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Bank of America decreased their price objective on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a research report on Monday, July 13th. Jefferies Financial Group reiterated a “hold” rating on shares of NextEra Energy in a research note on Thursday, October 8th. BMO Capital Markets increased their price target on NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Scotiabank decreased their price target on NextEra Energy from $110.00 to $99.00 and set an “outperform” rating on the stock in a report on Wednesday, September 30th. Finally, Wall Street Zen downgraded NextEra Energy from a “sell” rating to a “strong sell” rating in a research report on Saturday, October 3rd. Eighteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, NextEra Energy has a consensus rating of “Moderate Buy” and an average price target of $99.65.

More NextEra Energy News

Here are the key news stories impacting NextEra Energy this week:

• Positive Sentiment: NextEra’s history of exceeding earnings expectations, together with favorable analyst-estimate trends and other indicators tracked by Zacks, is being cited as evidence that the company could beat consensus in its next quarterly report. Will NextEra Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: KeyCorp raised its fourth-quarter 2026 EPS estimate to $0.49 from $0.44, while Wells Fargo reiterated a Buy rating and a $108 price target. The company’s earnings outlook is also viewed as supportive of continued dividend growth after 31 consecutive years of increases. Wells Fargo Keeps Buy Rating on NextEra Energy
• Neutral Sentiment: NextEra disclosed a proposed $15.5 million insurance-funded settlement in shareholder litigation, along with governance reforms lasting at least four years. The resolution could reduce legal uncertainty, although investors may continue monitoring the reforms and their effect on management oversight. Governance Settlement and Earnings Expectations Could Be a Game Changer
• Negative Sentiment: KeyCorp lowered its Q3 2026 EPS estimate to $1.23 from $1.34 and reduced its FY2026, FY2027, FY2029, and FY2030 forecasts slightly. Its FY2026 estimate of $3.96 is below the roughly $4.03 consensus, tempering the earnings-beat narrative. KeyCorp Estimate Changes
• Negative Sentiment: Morgan Stanley reportedly warned that higher interest rates could pressure valuations across clean-tech companies, including NextEra. Higher rates can raise financing costs and reduce the value investors assign to long-duration renewable-energy growth projects. Clean-Tech Firms Facing Valuation Impact on Higher Rates

About NextEra Energy

NextEra Energy, Inc is an electric power and energy infrastructure company headquartered in Juno Beach, Florida. Through its principal subsidiary, Florida Power & Light Company (FPL), the company generates, transmits, distributes and sells electricity to customers across Florida. FPL serves residential, commercial and industrial customers and operates a diverse generation portfolio that includes natural gas, solar, nuclear and other resources.

NextEra Energy’s other major business, NextEra Energy Resources, develops, owns and operates energy projects in the United States and Canada.