Inspire Investing LLC lifted its holdings in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 16.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,385 shares of the utilities provider’s stock after purchasing an additional 16,547 shares during the quarter. Inspire Investing LLC’s holdings in NextEra Energy were worth $8,815,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Kilter Group LLC purchased a new stake in NextEra Energy in the second quarter valued at about $25,000. Manning & Napier Advisors LLC acquired a new stake in NextEra Energy in the second quarter worth about $26,000. Pin Oak Investment Advisors Inc. acquired a new stake in NextEra Energy in the second quarter worth about $26,000. Financial Life Planners acquired a new stake in NextEra Energy in the first quarter worth about $30,000. Finally, Financial Network Wealth Advisors LLC grew its stake in shares of NextEra Energy by 83.0% during the second quarter. Financial Network Wealth Advisors LLC now owns 344 shares of the utilities provider’s stock worth $30,000 after acquiring an additional 156 shares during the last quarter. 78.72% of the stock is currently owned by hedge funds and other institutional investors.
NextEra Energy Stock Performance
NEE opened at $82.15 on Friday. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.53 and a quick ratio of 0.44. The firm has a fifty day moving average price of $80.55 and a 200 day moving average price of $86.17. NextEra Energy, Inc. has a 1 year low of $74.41 and a 1 year high of $98.75. The stock has a market cap of $172.29 billion, a P/E ratio of 14.80, a P/E/G ratio of 2.54 and a beta of 0.64.
NextEra Energy (NYSE:NEE – Get Free Report) last announced its quarterly earnings results on Wednesday, October 21st. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.20 by $0.04. The firm had revenue of $8.09 billion for the quarter, compared to the consensus estimate of $8.47 billion. NextEra Energy had a net margin of 40.37% and a return on equity of 12.27%. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.13 earnings per share. Equities research analysts anticipate that NextEra Energy, Inc. will post 4.00 earnings per share for the current year.
NextEra Energy Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Friday, November 27th will be given a $0.6232 dividend. 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 is 55.96%.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on NEE. Wells Fargo & Company upgraded shares of NextEra Energy to a “strong-buy” rating in a report on Monday, October 12th. Seaport Research Partners reiterated a “sell” rating and issued a $56.00 target price (up from $55.00) on shares of NextEra Energy in a research note on Friday, October 2nd. Mizuho lowered their target price on shares of NextEra Energy from $95.00 to $80.00 and set a “neutral” rating for the company in a research note on Tuesday, October 6th. HSBC set a $103.00 target price on shares of NextEra Energy in a research report on Thursday. Finally, BMO Capital Markets set a $88.00 price target on shares of NextEra Energy and gave the company an “outperform” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, NextEra Energy has an average rating of “Moderate Buy” and an average price target of $97.71.
Check Out Our Latest Analysis on NEE
NextEra Energy News Roundup
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: Earnings beat and guidance reaffirmed: NextEra reported third-quarter earnings of $1.24 per share, above the $1.20 consensus estimate, on revenue of $8.09 billion. Management is targeting the high end of its 2026 earnings guidance and reaffirmed its long-term earnings and dividend-growth targets. Bull case following earnings beat
- Positive Sentiment: Renewables pipeline remains a growth driver: NextEra Energy Resources added 3.7 gigawatts to its renewables backlog, while the company secured $5.7 billion to support federal energy-hub projects. Strong demand from data centers and continued storage and renewable development support the long-term outlook. Federal energy hub funding
- Positive Sentiment: Analyst support and dividend maintained: Scotiabank initiated or reiterated a Buy rating, while Sanford C. Bernstein reaffirmed an Outperform rating. The board also declared a $0.6232 quarterly dividend, equal to approximately $2.49 annually and a 3.1% yield. Scotiabank Buy rating
- Neutral Sentiment: Dominion merger remains on track but carries risk: NextEra expects to close its Dominion Energy merger in the second half of 2027. However, regulatory approval, political opposition in Virginia and execution complexity could create uncertainty before completion. NextEra and Dominion merger risks
- Negative Sentiment: Rate sensitivity and valuation concerns remain: Investors continue to question whether NEE’s recent multiyear gains and current dividend yield justify a premium valuation, particularly while higher interest rates pressure utilities. Barclays cut its price target from $84 to $79 and kept an Equal Weight rating; HSBC also reduced its target, from $114 to $103. Barclays rating and price target
NextEra Energy Company 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.
Further Reading
- Five stocks we like better than NextEra Energy
- Grand Canyon Education Strengthens Its Outlook, But Wall Street Remains Divided
- Amex Stock Slides on Job Cuts, But the Real Story Is Macro
- Chefs’ Warehouse Has Rallied 76%—Can the Stock Keep Climbing?
- MarketBeat Week in Review – 10/19 – 10/23
Want to see what other hedge funds are holding NEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NextEra Energy, Inc. (NYSE:NEE – Free Report).
Receive News & Ratings for NextEra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextEra Energy and related companies with MarketBeat.com's FREE daily email newsletter.
