NextEra Energy, Inc. $NEE Stock: First Citizens Bank & Trust Co. Boosts Position

Key Points

• First Citizens Bank & Trust Co. increased its NextEra Energy position by 53.5% in the third quarter, bringing its holdings to 72,268 shares valued at approximately $5.47 million. Institutional investors collectively own 78.72% of the company.
• NextEra reported quarterly earnings of $1.15 per share, beating estimates of $1.11, while revenue rose 12.4% year over year to $7.53 billion. The company maintains 2026 EPS guidance of $3.92–$4.02 and pays an annualized dividend of $2.49 per share, yielding about 3.2%.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $99.65 versus the stock’s $78.41 opening price. However, higher interest rates, valuation concerns and some downward revisions to longer-term earnings estimates remain risks.

First Citizens Bank & Trust Co. grew its position in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 53.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 72,268 shares of the utilities provider's stock after purchasing an additional 25,180 shares during the period. First Citizens Bank & Trust Co.'s holdings in NextEra Energy were worth $5,474,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Focus Financial Network Inc. increased its holdings in shares of NextEra Energy by 4.9% during the 3rd quarter. Focus Financial Network Inc. now owns 13,248 shares of the utilities provider's stock valued at $1,003,000 after purchasing an additional 619 shares in the last quarter. Roberts Wealth Advisors LLC raised its position in shares of NextEra Energy by 2.1% in the third quarter. Roberts Wealth Advisors LLC now owns 78,492 shares of the utilities provider's stock worth $5,945,000 after acquiring an additional 1,642 shares during the period. ASK Capital Investment Managers LLC purchased a new stake in shares of NextEra Energy during the 3rd quarter worth about $3,023,000. Cohen Capital Management Inc. boosted its stake in shares of NextEra Energy by 1.2% during the 3rd quarter. Cohen Capital Management Inc. now owns 105,426 shares of the utilities provider's stock worth $7,985,000 after acquiring an additional 1,210 shares in the last quarter. Finally, Signal Advisors Wealth LLC grew its position in shares of NextEra Energy by 4.5% during the 3rd quarter. Signal Advisors Wealth LLC now owns 42,844 shares of the utilities provider's stock valued at $3,245,000 after acquiring an additional 1,845 shares during the period. Institutional investors and hedge funds own 78.72% of the company's stock.

NextEra Energy Stock Up 0.2%

NEE stock opened at $78.41 on Thursday. NextEra Energy, Inc. has a one year low of $74.41 and a one year high of $98.75. The firm has a market cap of $163.57 billion, a PE ratio of 17.62, a PEG ratio of 2.41 and a beta of 0.64. The firm's 50 day moving average price is $81.34 and its 200-day moving average price is $86.76. 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. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%. The company had revenue of $7.53 billion during the quarter, compared to analyst estimates of $8.11 billion. During the same period in the prior year, the business posted $1.05 earnings per share. The firm's revenue for the quarter was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, equities research analysts anticipate that NextEra Energy, Inc. will post 4.03 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 28th were given 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 of this dividend was Friday, August 28th. NextEra Energy's dividend payout ratio (DPR) is presently 55.96%.

Analyst Ratings Changes

Several brokerages recently weighed in on NEE. BMO Capital Markets lifted their price target on NextEra Energy from $94.00 to $96.00 and gave the company an "outperform" rating in a research note on Monday, July 27th. Erste Group Bank cut NextEra Energy from a "buy" rating to a "hold" rating in a research report on Thursday, June 25th. Seaport Research Partners reaffirmed a "sell" rating and set a $56.00 target price (up from $55.00) on shares of NextEra Energy in a research note on Friday, October 2nd. Mizuho decreased 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. Finally, Morgan Stanley set a $110.00 price target on shares of NextEra Energy and gave the company an "overweight" rating in a research note on Wednesday. Eighteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average 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: NextEra’s strong earnings-surprise history and favorable combination of analyst estimate trends and business expectations have increased the possibility of another quarterly earnings beat. Analysts expect earnings of roughly $1.23 per share for the third quarter, while the company’s full-year 2026 guidance is $3.92-$4.02 per share. Will NextEra Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Wells Fargo reiterated a Buy rating and a $108 price target, implying substantial upside from recent trading levels. The bullish view reflects NextEra’s earnings growth potential and long-term utility and clean-energy development pipeline. Wells Fargo Keeps Buy Rating on NextEra Energy
• Positive Sentiment: A proposed shareholder-litigation settlement would provide NextEra with a $15.5 million insurance-funded payment and introduce governance reforms. Investors may view the agreement as reducing legal uncertainty and improving oversight, although the reforms could keep governance issues in focus. Governance Settlement and Earnings Expectations
• Positive Sentiment: NextEra’s long record of dividend increases and expected earnings growth support the case for continued dividend growth, which may appeal to income-focused investors. NextEra’s Dividend Growth Outlook
• Neutral Sentiment: Investors are awaiting the company’s upcoming earnings report. A beat could support the shares, but guidance and management commentary on growth, financing and Florida Power & Light regulation will likely determine the lasting market reaction.
• Negative Sentiment: Morgan Stanley identified NextEra among clean-tech companies whose valuations could be affected by higher interest rates. Rising rates can increase financing costs and reduce the appeal of utility and renewable-energy cash flows. Clean-Tech Valuation Impact from Higher Rates
• Negative Sentiment: KeyCorp lowered its 2026 EPS estimate to $3.96 from $4.02 and trimmed forecasts for 2027, 2029 and 2030. Although it raised its fourth-quarter 2026 estimate to $0.49, the broader reductions indicate some concern about longer-term earnings momentum.

NextEra Energy Company 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.

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