60,768 NextEra Energy, Inc. $NEE Shares Sold by Citizens Financial Group Inc. RI

Key Points

• Citizens Financial Group reduced its NextEra Energy stake by 31.3%, selling 60,768 shares and retaining 133,356 shares valued at approximately $10.1 million. Institutional investors collectively own 78.72% of NextEra’s stock.
• NextEra reported third-quarter earnings of $1.24 per share, beating estimates of $1.20, while reaffirming its earnings and dividend-growth outlook. Its renewables backlog also expanded by 3.7 gigawatts, supported by demand from data centers and energy-storage development.
• Analysts maintain a generally positive view, with a consensus “Moderate Buy” rating and a $97.71 price target, although Barclays lowered its target to $79 amid valuation and interest-rate concerns. NextEra declared a quarterly dividend of $0.6232 per share, equivalent to roughly $2.49 annually.

Citizens Financial Group Inc. RI lowered its position in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 31.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 133,356 shares of the utilities provider's stock after selling 60,768 shares during the period. Citizens Financial Group Inc. RI's holdings in NextEra Energy were worth $10,100,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

A number of brokerages have commented on NEE. BTIG Research set a $106.00 price target on shares of NextEra Energy in a research note on Thursday. HSBC set a $103.00 price objective on shares of NextEra Energy in a research note on Thursday. Barclays reduced their price objective on shares of NextEra Energy from $84.00 to $79.00 and set an "equal weight" rating for the company in a report on Friday. 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. Finally, Piper Sandler set a $88.00 target price on shares of NextEra Energy in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, NextEra Energy currently has a consensus rating of "Moderate Buy" and a consensus price target of $97.71.

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 Trading Up 0.3%

NYSE NEE opened at $82.15 on Friday. The firm has a market capitalization of $172.29 billion, a P/E ratio of 14.80, a PEG ratio of 2.55 and a beta of 0.64. The business has a fifty day simple moving average of $80.55 and a 200 day simple moving average of $86.17. NextEra Energy, Inc. has a 12 month low of $74.41 and a 12 month high of $98.75. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.33.

NextEra Energy (NYSE:NEE - Get Free Report) last issued its quarterly earnings data 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. The business had revenue of $8.09 billion for 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 business's revenue was up 1.6% on a year-over-year basis. During the same period last year, the business earned $1.13 EPS. On average, analysts predict that NextEra Energy, Inc. will post 4.00 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors 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 (DPR) is presently 55.96%.

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.

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