Corient Private Wealth LP Purchases 688,693 Shares of NextEra Energy, Inc. $NEE

Key Points

• Corient Private Wealth increased its NextEra Energy stake by 36% in the second quarter, purchasing 688,693 additional shares for a total of 2.60 million shares valued at approximately $228.4 million. Institutional investors collectively own 78.72% of NEE.
• NextEra’s growth outlook is supported by a roughly 35.1-gigawatt backlog tied partly to data-center power demand, while its Florida gas infrastructure expansion adds another potential growth driver. However, valuation concerns and expectations for weaker earnings could limit near-term upside.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $100.33, versus a recent share price of $82.89. The company also announced a quarterly dividend of $0.6232 per share, representing an annualized yield of about 3.0%.

Corient Private Wealth LP boosted its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 36.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,602,633 shares of the utilities provider's stock after purchasing an additional 688,693 shares during the quarter. Corient Private Wealth LP owned 0.12% of NextEra Energy worth $228,433,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of NEE. Brighton Jones LLC raised its holdings in NextEra Energy by 7.0% in the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider's stock worth $2,028,000 after purchasing an additional 1,840 shares during the period. Revolve Wealth Partners LLC grew its holdings in shares of NextEra Energy by 6.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider's stock valued at $348,000 after buying an additional 298 shares during the period. Acadian Asset Management LLC increased its position in shares of NextEra Energy by 38.4% in the 1st quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider's stock valued at $887,000 after buying an additional 3,479 shares in the last quarter. Sivia Capital Partners LLC raised its stake in NextEra Energy by 18.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider's stock worth $386,000 after buying an additional 852 shares during the period. Finally, United Bank lifted its holdings in NextEra Energy by 2.9% during the second quarter. United Bank now owns 15,596 shares of the utilities provider's stock worth $1,083,000 after acquiring an additional 444 shares in the last quarter. Institutional investors and hedge funds own 78.72% of the company's stock.

NextEra Energy News Roundup

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

• Positive Sentiment: AI-driven power demand is strengthening NextEra’s growth pipeline. The company’s approximately 35.1-gigawatt backlog is benefiting from hyperscalers seeking reliable, quickly deployable electricity for data centers. This could support future renewable generation, storage and transmission investments. Can AI Driven Data Center Growth Continue to Strengthen NEE's Backlog?
• Positive Sentiment: NextEra is expanding its Florida gas infrastructure. Chesapeake Utilities agreed to sell a 49% stake in a Florida gas project to NextEra, potentially adding to the company’s regional energy assets and improving its ability to serve rising electricity demand. Chesapeake Utilities sells 49% stake in Florida gas project to NextEra Energy
• Positive Sentiment: Analysts remain moderately optimistic. Recent coverage says NEE has outperformed the broader utilities sector, supported by its regulated utility base, renewables portfolio and long-term growth opportunities. NextEra Energy Stock: Is NEE Outperforming the Utilities Sector?
• Neutral Sentiment: NextEra and Dominion Energy are opposing a proposed 60-day extension of the review of their merger application. A faster review could reduce uncertainty, but the dispute highlights continuing regulatory scrutiny. NextEra Energy Pushes Back On 60 Day Merger Review Delay
• Neutral Sentiment: FPL launched an assistance center offering bill-support programs, including a one-time $200 credit for eligible customers. The initiative may improve customer relations but is unlikely to materially affect near-term earnings. FPL Launches New Assistance Center
• Negative Sentiment: Valuation commentary suggests NEE may be fully priced for a mature utility. Its strong three-year gain and dividend-discount analysis imply limited near-term upside unless earnings growth accelerates. NextEra Energy Stock Looks Fully Priced for a Mature Utility
• Negative Sentiment: Erste Group expects weaker earnings for NextEra, which could weigh on sentiment if lower profit expectations challenge the company’s current valuation. Erste Group Bank Expects Weaker Earnings for NextEra Energy

Analyst Upgrades and Downgrades

Several brokerages have issued reports on NEE. Barclays set a $91.00 price target on NextEra Energy and gave the stock an "equal weight" rating in a report on Tuesday, July 7th. Wall Street Zen lowered NextEra Energy from a "sell" rating to a "strong sell" rating in a research report on Saturday, August 22nd. Weiss Ratings cut NextEra Energy from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, June 11th. BMO Capital Markets increased their target price on NextEra Energy from $94.00 to $96.00 and gave the stock an "outperform" rating in a research note on Monday, July 27th. Finally, Bank of America dropped their target price on shares of NextEra Energy from $95.00 to $93.00 and set a "neutral" rating on the stock in a report on Monday, July 13th. Seventeen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, NextEra Energy currently has a consensus rating of "Moderate Buy" and a consensus target price of $100.33.

NextEra Energy Stock Performance

Shares of NextEra Energy stock opened at $82.89 on Wednesday. The firm has a market cap of $172.89 billion, a price-to-earnings ratio of 18.63, a price-to-earnings-growth ratio of 2.25 and a beta of 0.65. The stock's 50-day moving average is $86.81 and its 200-day moving average is $89.58. NextEra Energy, Inc. has a one year low of $69.24 and a one year high of $98.75. 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 data on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.04. The company had revenue of $7.53 billion during the quarter, compared to analysts' expectations of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.NextEra Energy's revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be issued a $0.6232 dividend. The ex-dividend date is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. NextEra Energy's dividend payout ratio (DPR) is 55.96%.

NextEra Energy Company Profile

NextEra Energy, Inc NYSE: NEE, headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company's principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra's activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.

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