8,384 NextEra Energy, Inc. $NEE Shares Acquired by WASHINGTON TRUST Co

WASHINGTON TRUST Co boosted its holdings in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 2.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 357,004 shares of the utilities provider’s stock after purchasing an additional 8,384 shares during the quarter. WASHINGTON TRUST Co’s holdings in NextEra Energy were worth $27,039,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Walker Asset Management LLC grew its holdings in NextEra Energy by 2.2% in the 1st quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock valued at $465,000 after buying an additional 107 shares during the period. PUREfi Wealth LLC increased its stake in shares of NextEra Energy by 0.9% during the 1st quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock valued at $1,170,000 after acquiring an additional 107 shares during the last quarter. Cornerstone Planning Group LLC increased its stake in shares of NextEra Energy by 12.8% during the 1st quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock valued at $94,000 after acquiring an additional 111 shares during the last quarter. Legacy Wealth Managment LLC ID lifted its holdings in shares of NextEra Energy by 23.2% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider’s stock worth $55,000 after acquiring an additional 112 shares during the period. Finally, Fingerlakes Wealth Management Inc. lifted its holdings in shares of NextEra Energy by 0.7% during the 2nd quarter. Fingerlakes Wealth Management Inc. now owns 16,669 shares of the utilities provider’s stock worth $1,463,000 after acquiring an additional 116 shares during the period. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

NextEra Energy Trading Up 0.3%

Shares of NYSE NEE traded up $0.25 during midday trading on Friday, hitting $82.15. The stock had a trading volume of 11,735,283 shares, compared to its average volume of 12,948,959. 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. NextEra Energy, Inc. has a 1-year low of $74.41 and a 1-year 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 fifty day moving average price of $80.55 and a 200 day moving average price of $86.17.

NextEra Energy (NYSE:NEE – Get Free Report) last issued its 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 business had revenue of $8.09 billion during the quarter, compared to analysts’ expectations of $8.47 billion. NextEra Energy had a return on equity of 12.27% and a net margin of 40.37%. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.13 EPS. On average, analysts predict that NextEra Energy, Inc. will post 4.00 earnings per share for the current year.

NextEra Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders 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 yield of 3.0%. The ex-dividend date of this dividend is Friday, November 27th. NextEra Energy’s payout ratio is 55.96%.

Key Headlines Impacting NextEra Energy

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

Analyst Ratings Changes

Several research firms recently issued reports on NEE. BMO Capital Markets set a $88.00 target price on shares of NextEra Energy and gave the stock an “outperform” rating in a research report on Tuesday. Morgan Stanley set a $110.00 price target on shares of NextEra Energy and gave the stock an “overweight” rating in a research note on Wednesday, October 14th. Bank of America cut their price target on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a research note on Monday, July 13th. Seaport Research Partners reiterated a “sell” rating and issued a $56.00 price target (up from $55.00) on shares of NextEra Energy in a report on Friday, October 2nd. Finally, Scotiabank lowered their price objective on shares of NextEra Energy from $110.00 to $99.00 and set an “outperform” rating for the company in a research note on Wednesday, September 30th. One investment 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 company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $97.71.

Check Out Our Latest Research Report on NEE

NextEra Energy Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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