Comprehensive Financial Consultants Institutional Inc. Acquires 15,550 Shares of NextEra Energy, Inc. $NEE

Key Points

• Comprehensive Financial Consultants Institutional Inc. acquired 15,550 NextEra Energy shares worth approximately $1.18 million in the third quarter. Institutional investors and hedge funds collectively own 78.72% of the company.
• Analysts maintain a generally positive outlook, with NextEra rated “Moderate Buy” and a consensus price target of $99.65 versus a recent share price of $79.02. However, some firms have recently lowered their targets amid valuation and growth concerns.
• NextEra exceeded quarterly earnings expectations with EPS of $1.15 versus $1.11 expected, while paying a quarterly dividend of $0.6232 per share, equivalent to a 3.2% annualized yield.

Comprehensive Financial Consultants Institutional Inc. acquired a new position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,550 shares of the utilities provider's stock, valued at approximately $1,178,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Legal & General Group Plc acquired a new position in NextEra Energy in the 2nd quarter worth $1,465,987,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in NextEra Energy by 5.8% during the 2nd 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 purchasing an additional 895,824 shares in the last quarter. Amundi increased 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 worth $1,169,839,000 after purchasing an additional 4,231,814 shares in the last quarter. Bessemer Group Inc. increased its holdings in NextEra Energy by 8.5% during the 1st quarter. Bessemer Group Inc. now owns 10,187,013 shares of the utilities provider's stock worth $946,169,000 after purchasing an additional 799,546 shares in the last quarter. Finally, Pictet Asset Management Holding SA increased its holdings in NextEra Energy by 4.3% during 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. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Scotiabank dropped their price target 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. HC Wainwright reaffirmed a "buy" rating on shares of NextEra Energy in a research report on Monday, July 27th. Barclays set a $91.00 price objective on NextEra Energy and gave the stock an "equal weight" rating in a research report on Tuesday, July 7th. Sanford C. Bernstein reiterated an "outperform" rating and set a $108.00 price objective on shares of NextEra Energy in a report on Monday, July 27th. Finally, Mizuho dropped their target price on NextEra Energy from $95.00 to $80.00 and set a "neutral" rating on the stock in a research report on Tuesday, October 6th. One 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. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $99.65.

Key NextEra Energy News

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 Performance

Shares of NEE stock opened at $79.02 on Friday. NextEra Energy, Inc. has a 12 month low of $74.41 and a 12 month high of $98.75. The company's fifty day simple moving average is $81.22 and its 200-day simple moving average is $86.67. The firm has a market cap of $164.82 billion, a PE ratio of 17.76, a P/E/G ratio of 2.41 and a beta of 0.64. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45.

NextEra Energy (NYSE:NEE - Get Free Report) last released its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, beating analysts' consensus estimates of $1.11 by $0.04. The business had revenue of $7.53 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 12.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities research analysts expect that NextEra Energy, Inc. will post 4.03 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th were paid a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Friday, August 28th. NextEra Energy's dividend payout ratio is currently 55.96%.

About NextEra Energy

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.