NextEra Energy, Inc. $NEE Stock Sold by Apollon Wealth Management LLC

Key Points

• Apollon Wealth Management reduced its NextEra Energy position by 8.1% in the third quarter, selling 25,588 shares and retaining 290,263 shares valued at approximately $22.0 million. Institutional investors collectively own 78.72% of the company.
• NextEra reported quarterly EPS of $1.24, beating the $1.20 analyst consensus, although revenue of $8.09 billion fell short of estimates. Shares opened at $82.15, below the consensus analyst target of $97.71.
• The company declared a quarterly dividend of $0.6232 per share, equivalent to roughly $2.49 annually and a 3.0% yield. Analysts maintain a “Moderate Buy” consensus rating, though some have lowered their price targets amid valuation and interest-rate concerns.

Apollon Wealth Management LLC reduced its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 8.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 290,263 shares of the utilities provider's stock after selling 25,588 shares during the quarter. Apollon Wealth Management LLC's holdings in NextEra Energy were worth $21,985,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Level Wealth Management LLC acquired a new stake in shares of NextEra Energy during the third quarter worth $222,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its position in NextEra Energy by 5.0% during the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 59,368 shares of the utilities provider's stock worth $4,497,000 after acquiring an additional 2,806 shares during the period. Kingswood Wealth Advisors LLC increased its holdings in shares of NextEra Energy by 5.0% in the third quarter. Kingswood Wealth Advisors LLC now owns 118,993 shares of the utilities provider's stock valued at $9,012,000 after purchasing an additional 5,659 shares during the period. Bright Futures Wealth Management LLC. purchased a new position in shares of NextEra Energy in the third quarter worth about $1,048,000. Finally, Paladin Wealth LLC raised its stake in shares of NextEra Energy by 10.9% in the third quarter. Paladin Wealth LLC now owns 8,265 shares of the utilities provider's stock worth $626,000 after purchasing an additional 812 shares during the last quarter. 78.72% of the stock is owned by institutional investors.

NextEra Energy Trading Up 0.1%

Shares of NEE stock opened at $82.15 on Monday. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.53 and a quick ratio of 0.45. The company has a market cap of $172.29 billion, a price-to-earnings ratio of 14.80, a PEG ratio of 2.55 and a beta of 0.64. The stock has a 50 day simple moving average of $80.55 and a 200-day simple moving average of $86.12. NextEra Energy, Inc. has a 1-year low of $74.41 and a 1-year high of $98.75.

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

NextEra Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Friday, November 27th will be issued a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, November 27th. NextEra Energy's payout ratio is currently 44.86%.

Analyst Upgrades and Downgrades

NEE has been the topic of several research reports. Jefferies Financial Group reiterated a "hold" rating on shares of NextEra Energy in a report on Thursday, October 8th. Seaport Research Partners reissued a "sell" rating and set a $56.00 price target (up from $55.00) on shares of NextEra Energy in a research report on Friday, October 2nd. BTIG Research set a $106.00 price objective on shares of NextEra Energy in a research note on Thursday. HC Wainwright reaffirmed a "buy" rating on shares of NextEra Energy in a report on Monday, July 27th. Finally, Scotiabank cut their price objective on shares of NextEra Energy from $110.00 to $99.00 and set an "outperform" rating on the stock in a research note on Wednesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $97.71.

Key Stories Impacting 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

NextEra Energy Company Profile

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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