NextEra Energy, Inc. $NEE Stock: Investment House LLC Cuts Stake

Key Points

• Investment House LLC cut its NextEra Energy stake by 65.6% in the third quarter, selling 13,050 shares and retaining 6,850 shares valued at approximately $519,000. Institutional investors collectively own 78.72% of the company.
• NextEra reported quarterly earnings of $1.24 per share, beating estimates of $1.20, while revenue rose 1.6% year over year to $8.09 billion but fell short of expectations.
• The company declared a quarterly dividend of $0.6232 per share, representing an annualized $2.49 payout and roughly a 3.0% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $97.71, despite some recent target cuts.

Investment House LLC lowered its position in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 65.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 6,850 shares of the utilities provider's stock after selling 13,050 shares during the quarter. Investment House LLC's holdings in NextEra Energy were worth $519,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Legal & General Group Plc purchased a new stake in NextEra Energy during the second quarter valued at about $1,465,987,000. GQG Partners LLC purchased a new position in shares of NextEra Energy in the second quarter worth about $651,293,000. Canada Pension Plan Investment Board purchased a new position in shares of NextEra Energy in the second quarter worth about $389,527,000. Amundi raised its position in shares of NextEra Energy by 46.5% in the second quarter. Amundi now owns 13,329,077 shares of the utilities provider's stock valued at $1,169,839,000 after purchasing an additional 4,231,814 shares during the period. Finally, Caisse de depot et placement du Quebec bought a new stake in shares of NextEra Energy in the second quarter valued at approximately $288,886,000. Hedge funds and other institutional investors own 78.72% of the company's stock.

NextEra Energy Stock Up 0.3%

NEE stock opened at $82.15 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.33. The firm has a market capitalization of $172.29 billion, a PE ratio of 14.80, a PEG ratio of 2.54 and a beta of 0.64. NextEra Energy, Inc. has a twelve month low of $74.41 and a twelve month high of $98.75. The stock has a 50-day simple moving average of $80.55 and a two-hundred day simple moving average of $86.17.

NextEra Energy (NYSE:NEE - Get Free Report) last announced its quarterly earnings results on Wednesday, October 21st. The utilities provider reported $1.24 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.04. NextEra Energy had a return on equity of 12.27% and a net margin of 40.37%. The firm had revenue of $8.09 billion for the quarter, compared to analysts' expectations of $8.47 billion. During the same period in the prior year, the business posted $1.13 earnings per share. The company's revenue was up 1.6% on a year-over-year basis. On average, equities analysts predict that NextEra Energy, Inc. will post 4.00 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Friday, November 27th will be paid a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, November 27th. This represents a $2.49 annualized dividend and a yield of 3.0%. NextEra Energy's payout ratio is currently 55.96%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on NEE. 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, October 14th. Barclays reduced their price objective on shares of NextEra Energy from $84.00 to $79.00 and set an "equal weight" rating for the company in a research note on Friday. Wall Street Zen raised shares of NextEra Energy from a "strong sell" rating to a "sell" rating in a report on Saturday, October 17th. HSBC set a $103.00 target price on NextEra Energy in a research report on Thursday. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $108.00 price target on shares of NextEra Energy in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $97.71.

Trending Headlines about NextEra Energy

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

• Positive Sentiment: Earnings beat and guidance reaffirmed: NextEra reported third-quarter earnings of $1.24 per share, above the $1.20 consensus estimate, on revenue of $8.09 billion. Management is targeting the high end of its 2026 earnings guidance and reaffirmed its long-term earnings and dividend-growth targets. Bull case following earnings beat
• Positive Sentiment: Renewables pipeline remains a growth driver: NextEra Energy Resources added 3.7 gigawatts to its renewables backlog, while the company secured $5.7 billion to support federal energy-hub projects. Strong demand from data centers and continued storage and renewable development support the long-term outlook. Federal energy hub funding
• Positive Sentiment: Analyst support and dividend maintained: Scotiabank initiated or reiterated a Buy rating, while Sanford C. Bernstein reaffirmed an Outperform rating. The board also declared a $0.6232 quarterly dividend, equal to approximately $2.49 annually and a 3.1% yield. Scotiabank Buy rating
• Neutral Sentiment: Dominion merger remains on track but carries risk: NextEra expects to close its Dominion Energy merger in the second half of 2027. However, regulatory approval, political opposition in Virginia and execution complexity could create uncertainty before completion. NextEra and Dominion merger risks
• Negative Sentiment: Rate sensitivity and valuation concerns remain: Investors continue to question whether NEE’s recent multiyear gains and current dividend yield justify a premium valuation, particularly while higher interest rates pressure utilities. Barclays cut its price target from $84 to $79 and kept an Equal Weight rating; HSBC also reduced its target, from $114 to $103. Barclays rating and price target

About NextEra Energy

NextEra Energy, Inc is an energy infrastructure company headquartered in Juno Beach, Florida. Through its businesses, the company generates, transmits, distributes and sells electricity, with a focus on regulated utility operations and clean energy development.

Florida Power & Light Company, NextEra Energy's principal regulated utility, serves customers across much of Florida. FPL operates electric generation, transmission and distribution infrastructure and provides retail electricity service to residential, commercial and industrial customers.

NextEra Energy Resources develops, owns and operates renewable energy and energy storage projects, including wind and solar facilities.

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