29,241 NextEra Energy, Inc. $NEE Shares Sold by Axxcess Wealth Management LLC

Key Points

• Axxcess Wealth Management cut its NextEra Energy stake by 28% in the third quarter, selling 29,241 shares and retaining 75,184 shares valued at approximately $5.7 million.
• Institutional ownership remains high at 78.72%, with several major investors—including Legal & General, GQG Partners, and Amundi—establishing or expanding positions.
• NextEra’s latest quarterly earnings beat expectations at $1.24 per share versus $1.20 anticipated, while revenue of $8.09 billion fell short of estimates; the company also maintains a quarterly dividend of $0.6232 per share, yielding about 3.2%.

Axxcess Wealth Management LLC trimmed its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 28.0% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,184 shares of the utilities provider's stock after selling 29,241 shares during the period. Axxcess Wealth Management LLC's holdings in NextEra Energy were worth $5,694,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Legal & General Group Plc purchased a new position in shares of NextEra Energy in the 2nd quarter worth $1,465,987,000. GQG Partners LLC bought a new position in shares of NextEra Energy during the 2nd quarter valued at approximately $651,293,000. Canada Pension Plan Investment Board purchased a new stake in NextEra Energy during the 2nd quarter valued at $389,527,000. Amundi raised its holdings in NextEra Energy by 46.5% during the 2nd quarter. Amundi now owns 13,329,077 shares of the utilities provider's stock valued at $1,169,839,000 after buying an additional 4,231,814 shares during the period. Finally, Caisse de depot et placement du Quebec purchased a new stake in NextEra Energy during the 2nd quarter valued at $288,886,000. 78.72% of the stock is owned by hedge funds and other institutional investors.

NextEra Energy Trading Down 1.0%

Shares of NEE opened at $78.10 on Thursday. NextEra Energy, Inc. has a 1-year low of $74.41 and a 1-year high of $98.75. The company has a 50-day moving average of $80.71 and a 200 day moving average of $86.28. The firm has a market capitalization of $162.92 billion, a price-to-earnings ratio of 20.17, a PEG ratio of 2.43 and a beta of 0.64. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its quarterly earnings results on Wednesday, October 21st. The utilities provider reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm had revenue of $8.09 billion during the quarter, compared to the consensus estimate of $8.47 billion. During the same quarter in the previous year, the firm posted $1.13 earnings per share. The company's revenue was up 1.6% on a year-over-year basis. On average, research analysts expect that NextEra Energy, Inc. will post 4.03 EPS for the current year.

NextEra Energy Announces Dividend

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

Key Stories Impacting NextEra Energy

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

• Positive Sentiment: Quarterly earnings beat expectations: NextEra reported adjusted EPS of $1.24, up from $1.13 a year earlier and above the $1.20 consensus estimate. Strength at Florida Power & Light (FPL) and growth at NextEra Energy Resources supported the result. NextEra Energy beats third-quarter profit estimates
• Positive Sentiment: Growth pipeline remains substantial: Energy Resources added 3.7 gigawatts of renewables and storage to its backlog, bringing the total to approximately 36.7 GW. Management also highlighted a roughly $20 billion data-center pipeline and 9.7% EPS growth. NextEra Energy Q3 2026 earnings call transcript
• Positive Sentiment: 2026 outlook reaffirmed: NextEra maintained its adjusted EPS target of $3.92 to $4.02 and said it is targeting the high end of that range, reducing near-term guidance risk. Sanford C. Bernstein also reaffirmed an Outperform rating with a $108 price target. NextEra Energy tops Q3 earnings estimates
• Neutral Sentiment: Dominion transaction remains a longer-term catalyst and risk: Shareholders approved the proposed combination, which the companies still expect to close in the second half of 2027. The deal’s eventual benefits depend on regulatory approval and acceptable conditions. NextEra Energy posts third-quarter GAAP net income
• Negative Sentiment: Revenue missed estimates: Quarterly revenue was $8.09 billion versus the $8.47 billion consensus, despite rising 1.6% year over year. The sales shortfall may temper enthusiasm around the earnings beat. NextEra Energy Q3 earnings beat on FPL strength
• Negative Sentiment: Merger-related regulatory pressure is increasing: Virginia Governor Abigail Spanberger has urged regulators to reject the Dominion-NextEra deal in its current form and is seeking a six-year rate freeze, greater bill credits and more transparency. These demands could delay the transaction or reduce its financial benefits. Virginia wants six-year rate freeze in NextEra-Dominion deal

Analysts Set New Price Targets

NEE has been the topic of several recent analyst reports. Barclays set a $84.00 target price on shares of NextEra Energy and gave the company an "equal weight" rating in a research note on Monday. HC Wainwright reaffirmed a "buy" rating on shares of NextEra Energy in a research note on Monday, July 27th. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $108.00 price target on shares of NextEra Energy in a research note on Wednesday. Mizuho cut their price target on shares of NextEra Energy from $95.00 to $80.00 and set a "neutral" rating on the stock in a report on Tuesday, October 6th. Finally, Jefferies Financial Group reiterated a "hold" rating on shares of NextEra Energy in a report on Thursday, October 8th. 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. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $98.05.

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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