NextEra Energy, Inc. $NEE Stock Holdings Increased by Apella Capital LLC

Key Points

• Apella Capital increased its NextEra Energy stake by 36.3% in the third quarter, owning 49,049 shares valued at approximately $3.78 million. Institutional investors collectively own 78.72% of NEE’s stock.
• Analysts maintain a generally positive outlook, with 18 Buy ratings and five Holds producing a “Moderate Buy” consensus and an average price target of $98.95.
• NextEra reported quarterly EPS of $1.15, beating estimates, and offers a 3.2% dividend yield. Potential growth from the proposed $22 billion Project Star contrasts with pressure from higher Treasury yields and opposition to its proposed Dominion merger.

Apella Capital LLC lifted its stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 36.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 49,049 shares of the utilities provider's stock after acquiring an additional 13,057 shares during the period. Apella Capital LLC's holdings in NextEra Energy were worth $3,780,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NEE. Gradient Investments LLC boosted its stake in shares of NextEra Energy by 4.6% during the 3rd quarter. Gradient Investments LLC now owns 314,377 shares of the utilities provider's stock worth $23,811,000 after purchasing an additional 13,806 shares during the last quarter. Avidian Wealth Enterprises LLC boosted its position in NextEra Energy by 0.6% during the third quarter. Avidian Wealth Enterprises LLC now owns 41,686 shares of the utilities provider's stock worth $3,157,000 after acquiring an additional 252 shares during the last quarter. Valeo Financial Advisors LLC boosted its position in NextEra Energy by 9.2% during the third quarter. Valeo Financial Advisors LLC now owns 28,715 shares of the utilities provider's stock worth $2,175,000 after acquiring an additional 2,428 shares during the last quarter. New Covenant Trust Company N.A. grew its stake in NextEra Energy by 14.6% in the 3rd quarter. New Covenant Trust Company N.A. now owns 8,156 shares of the utilities provider's stock worth $618,000 after acquiring an additional 1,038 shares during the period. Finally, Quintet Private Bank Europe S.A. grew its stake in NextEra Energy by 58.7% in the 3rd quarter. Quintet Private Bank Europe S.A. now owns 557,836 shares of the utilities provider's stock worth $42,250,000 after acquiring an additional 206,241 shares during the period. Hedge funds and other institutional investors own 78.72% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on NEE shares. BMO Capital Markets increased their price target on NextEra Energy from $94.00 to $96.00 and gave the stock an "outperform" rating in a research note on Monday, July 27th. Erste Group Bank lowered NextEra Energy from a "buy" rating to a "hold" rating in a research note on Thursday, June 25th. Jefferies Financial Group reiterated a "hold" rating on shares of NextEra Energy in a research report on Thursday. Barclays set a $91.00 price target on NextEra Energy and gave the company an "equal weight" rating in a report on Tuesday, July 7th. Finally, Seaport Research Partners reaffirmed a "sell" rating and set a $56.00 price objective (up from $55.00) on shares of NextEra Energy in a research note on Friday, October 2nd. Eighteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $98.95.

NextEra Energy News Summary

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

• Positive Sentiment: NextEra and its partners were selected to develop Project Star, a proposed energy campus in Texas valued at more than $22 billion with 6.47 gigawatts of generation capacity. The project could provide a significant long-term growth opportunity if contracts, financing and execution details develop favorably. NextEra Just Landed a $22 Billion Project
• Positive Sentiment: Utilities are showing early signs of a possible rebound after a sharp sell-off driven by higher Treasury yields. NextEra, the largest holding in the Utilities Select Sector SPDR Fund, is viewed as a higher-upside recovery candidate; analysts cited in the article see substantial potential upside from current levels. Major Bottoming Action in Utilities
• Neutral Sentiment: NextEra announced that it will release third-quarter 2026 results before the market opens on October 21. Analysts expect a year-over-year increase in earnings, making the report a near-term catalyst for the stock. NextEra Energy Announces Third-Quarter Results Date
• Negative Sentiment: Virginia Lieutenant Governor Ghazala Hashmi opposes the proposed NextEra-Dominion merger as public hearings begin. The opposition could increase regulatory and political uncertainty around the transaction, although NextEra said it respectfully disagrees. Virginia Lieutenant Governor Opposes NextEra-Dominion Merger
• Negative Sentiment: Higher Treasury yields continue to weigh on utility stocks by making bonds more competitive with dividend-paying equities and raising financing costs for capital-intensive companies. Investor Jim Cramer also reiterated that he is avoiding NEE, adding to negative sentiment despite the company’s long-term growth prospects. Jim Cramer Doubles Down on Avoiding NextEra Energy

NextEra Energy Stock Performance

NextEra Energy stock opened at $77.25 on Friday. The company has a market cap of $161.14 billion, a price-to-earnings ratio of 17.36, a price-to-earnings-growth ratio of 2.37 and a beta of 0.64. NextEra Energy, Inc. has a 12 month low of $74.41 and a 12 month 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. The stock's 50-day moving average is $82.02 and its 200-day moving average is $87.12.

NextEra Energy (NYSE:NEE - Get Free Report) last issued its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The business had revenue of $7.53 billion during the quarter, compared to analysts' expectations of $8.11 billion. During the same quarter in the previous year, the business earned $1.05 EPS. The company's revenue for the quarter was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities analysts anticipate that NextEra Energy, Inc. will post 4.04 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. Stockholders of record on Friday, August 28th were given a $0.6232 dividend. The ex-dividend date of this dividend was Friday, August 28th. This represents a $2.49 annualized dividend and a dividend yield of 3.2%. NextEra Energy's dividend payout ratio 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.

Want to see what other hedge funds are holding NEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NextEra Energy, Inc. (NYSE:NEE - Free Report).

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.