Equitable Holdings Inc. Has $13.08 Million Stake in NextEra Energy, Inc. $NEE

Equitable Holdings Inc. decreased its holdings in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 8.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 149,020 shares of the utilities provider's stock after selling 13,533 shares during the quarter. Equitable Holdings Inc.'s holdings in NextEra Energy were worth $13,079,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Indivisible Partners acquired a new stake in NextEra Energy in the fourth quarter worth about $1,355,000. Czech National Bank raised its stake in NextEra Energy by 4.7% during the 2nd quarter. Czech National Bank now owns 593,568 shares of the utilities provider's stock worth $52,097,000 after buying an additional 26,378 shares during the period. Swedbank AB lifted its holdings in NextEra Energy by 13.4% during the fourth quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider's stock worth $81,615,000 after acquiring an additional 120,389 shares in the last quarter. Annex Advisory Services LLC raised its holdings in NextEra Energy by 13.9% during the 2nd quarter. Annex Advisory Services LLC now owns 711,009 shares of the utilities provider's stock worth $62,405,000 after buying an additional 86,585 shares during the period. Finally, MGO One Seven LLC raised its stake in shares of NextEra Energy by 12.1% in the 4th quarter. MGO One Seven LLC now owns 137,251 shares of the utilities provider's stock valued at $11,018,000 after purchasing an additional 14,828 shares during the period. 78.72% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

NEE has been the topic of a number of recent research reports. JPMorgan Chase & Co. lifted their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the company an "overweight" rating in a report on Wednesday, May 13th. DA Davidson boosted their price target on NextEra Energy from $95.00 to $105.00 and gave the stock a "buy" rating in a research report on Tuesday, May 5th. Weiss Ratings downgraded NextEra Energy from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, June 11th. Wall Street Zen cut shares of NextEra Energy from a "sell" rating to a "strong sell" rating in a research report on Saturday, August 22nd. Finally, Morgan Stanley set a $114.00 price objective on shares of NextEra Energy and gave the company an "overweight" rating in a report on Friday, August 21st. Seventeen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $100.33.

NextEra Energy Trading Up 0.7%

NEE stock opened at $82.89 on Wednesday. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75. The company has a market capitalization of $172.89 billion, a PE ratio of 18.63, a price-to-earnings-growth ratio of 2.25 and a beta of 0.65. The company's 50-day simple moving average is $86.81 and its 200 day simple moving average is $89.58. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53.

NextEra Energy (NYSE:NEE - Get Free Report) last issued 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 business had revenue of $7.53 billion during 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 business's revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, sell-side analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

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

More NextEra Energy News

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

About NextEra Energy

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.

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.

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