Assenagon Asset Management S.A. Acquires 1,861,795 Shares of NextEra Energy, Inc. $NEE

Assenagon Asset Management S.A. lifted its stake in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 88.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,959,304 shares of the utilities provider's stock after purchasing an additional 1,861,795 shares during the quarter. Assenagon Asset Management S.A. owned about 0.19% of NextEra Energy worth $299,878,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Legal & General Group Plc bought a new stake in NextEra Energy during the 2nd quarter valued at about $1,465,987,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in NextEra Energy by 5.8% in 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 holdings in NextEra Energy by 46.5% in 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. grew its holdings in shares of NextEra Energy by 8.5% during the first quarter. Bessemer Group Inc. now owns 10,187,013 shares of the utilities provider's stock valued at $946,169,000 after buying an additional 799,546 shares during the last quarter. Finally, Pictet Asset Management Holding SA increased its holdings in shares of NextEra Energy by 4.3% in the 1st quarter. Pictet Asset Management Holding SA now owns 9,648,920 shares of the utilities provider's stock worth $896,185,000 after purchasing an additional 394,898 shares in the last quarter. Hedge funds and other institutional investors own 78.72% of the company's stock.

Analyst Upgrades and Downgrades

NEE has been the topic of several research analyst reports. Erste Group Bank cut shares of NextEra Energy from a "buy" rating to a "hold" rating in a research note on Thursday, June 25th. BMO Capital Markets raised their price target on shares of NextEra Energy from $94.00 to $96.00 and gave the company an "outperform" rating in a report on Monday, July 27th. Barclays set a $91.00 price target on shares of NextEra Energy and gave the stock an "equal weight" rating in a research note on Tuesday, July 7th. Mizuho decreased their price objective on shares of NextEra Energy from $95.00 to $80.00 and set a "neutral" rating for the company in a report on Tuesday, October 6th. Finally, Jefferies Financial Group reissued a "hold" rating on shares of NextEra Energy in a report on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $99.65.

Key Headlines Impacting NextEra Energy

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

• Positive Sentiment: Wells Fargo upgraded NextEra Energy to “strong buy,” providing a favorable signal for the utility’s valuation and growth outlook. Wells Fargo upgrades NextEra Energy
• Positive Sentiment: NextEra and Brookfield plan to develop a roughly $100 billion Kentucky AI hub, including a 1.8-gigawatt data-center campus, 2 GW of gas-fired generation and 2.6 GW of battery storage. The project highlights potential long-term electricity-demand growth, although execution and financing risks remain. Brookfield and NextEra AI hub
• Positive Sentiment: Analysts expect NextEra to benefit from its history of earnings surprises, while KeyCorp raised its fourth-quarter 2026 EPS estimate to $0.49 from $0.44. The company’s long-term earnings outlook also supports the case for continued dividend growth. NextEra earnings outlook
• Neutral Sentiment: NextEra disclosed a proposed settlement of shareholder litigation in which insurers would pay the company $15.5 million, alongside at least four years of governance reforms. The settlement could reduce legal and governance overhangs, but it also keeps prior management issues in focus. NextEra governance settlement
• Negative Sentiment: Investors face uncertainty over NextEra’s proposed $67 billion acquisition, while higher interest rates, persistent inflation and weaker appetite for growth stocks have pressured renewable-energy valuations. NextEra proposed acquisition uncertainty
• Negative Sentiment: KeyCorp lowered its EPS forecasts for 2026, 2027, 2028, 2029 and 2030, including 2026 EPS to $3.96 from $4.02 and 2030 EPS to $5.45 from $5.50. Its Q3 estimate also fell to $1.23 from $1.34, potentially limiting near-term upside.

NextEra Energy Stock Up 0.8%

NYSE NEE opened at $79.02 on Friday. 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 1.45. The company has a market capitalization of $164.82 billion, a P/E ratio of 20.04, a price-to-earnings-growth ratio of 2.41 and a beta of 0.64. The stock's 50-day moving average price is $81.22 and its 200-day moving average price is $86.67.

NextEra Energy (NYSE:NEE - Get Free Report) last released its earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping analysts' consensus estimates of $1.11 by $0.04. The company had revenue of $7.53 billion for the quarter, compared to analysts' expectations of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm's revenue was up 12.4% compared to the same quarter last year. During the same quarter last year, the business earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, equities research analysts predict that NextEra Energy, Inc. will post 4.03 earnings per share for the current year.

NextEra Energy Dividend Announcement

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

NextEra Energy Profile

NextEra Energy, Inc is an electric power and energy infrastructure company headquartered in Juno Beach, Florida. Through its principal subsidiary, Florida Power & Light Company (FPL), the company generates, transmits, distributes and sells electricity to customers across Florida. FPL serves residential, commercial and industrial customers and operates a diverse generation portfolio that includes natural gas, solar, nuclear and other resources.

NextEra Energy's other major business, NextEra Energy Resources, develops, owns and operates energy projects in the United States and Canada.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.