Yousif Capital Management LLC grew its position in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 2.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 305,363 shares of the utilities provider’s stock after purchasing an additional 7,801 shares during the quarter. Yousif Capital Management LLC’s holdings in NextEra Energy were worth $23,128,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Legal & General Group Plc bought a new stake in shares of NextEra Energy in the 2nd quarter valued at $1,465,987,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in NextEra Energy by 5.8% during the second 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 buying an additional 895,824 shares during the last quarter. Amundi raised its stake in NextEra Energy by 46.5% during the second quarter. Amundi now owns 13,329,077 shares of the utilities provider’s stock worth $1,169,839,000 after buying an additional 4,231,814 shares during the last quarter. Bessemer Group Inc. raised its stake in NextEra Energy by 8.5% during the first quarter. Bessemer Group Inc. now owns 10,187,013 shares of the utilities provider’s stock worth $946,169,000 after buying an additional 799,546 shares during the last quarter. Finally, Pictet Asset Management Holding SA lifted its holdings in NextEra Energy by 4.3% in the first quarter. Pictet Asset Management Holding SA now owns 9,648,920 shares of the utilities provider’s stock valued at $896,185,000 after buying an additional 394,898 shares during the period. Institutional investors and hedge funds own 78.72% of the company’s stock.
More NextEra Energy News
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 Stock Up 0.3%
NEE traded up $0.25 during midday trading on Friday, hitting $82.15. The company had a trading volume of 11,735,283 shares, compared to its average volume of 12,948,959. NextEra Energy, Inc. has a 52 week low of $74.41 and a 52 week high of $98.75. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.33. The company has a market capitalization of $172.29 billion, a price-to-earnings ratio of 14.80, a PEG ratio of 2.54 and a beta of 0.64. The stock’s 50 day moving average price is $80.55 and its 200 day moving average price is $86.17.
NextEra Energy (NYSE:NEE – Get Free Report) last issued its earnings results on Wednesday, October 21st. The utilities provider reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.04. NextEra Energy had a return on equity of 12.27% and a net margin of 40.37%. The business had revenue of $8.09 billion during the quarter, compared to analyst estimates of $8.47 billion. During the same period in the previous year, the company posted $1.13 EPS. The firm’s revenue was up 1.6% compared to the same quarter last year. On average, research analysts anticipate that NextEra Energy, Inc. will post 4.00 earnings per share for the current fiscal year.
NextEra Energy Announces Dividend
The company 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. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, November 27th. NextEra Energy’s dividend payout ratio is presently 55.96%.
Analysts Set New Price Targets
A number of research analysts have recently issued reports on the company. Scotiabank dropped their price objective on NextEra Energy from $110.00 to $99.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 30th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $108.00 target price on shares of NextEra Energy in a research note on Wednesday. HC Wainwright reiterated a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. HSBC set a $103.00 price target on NextEra Energy in a research note on Thursday. Finally, Wall Street Zen raised NextEra Energy from a “strong sell” rating to a “sell” rating in a research note on Saturday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, NextEra Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $97.71.
View Our Latest Research Report on NextEra Energy
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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