NextEra Energy, Inc. $NEE Stock Sold by CWA Asset Management Group LLC

Key Points

• CWA Asset Management Group cut its NextEra Energy stake by 49.5% in the third quarter, selling 24,409 shares and retaining 24,901 shares valued at approximately $1.89 million. Institutional investors collectively own 78.72% of the company.
• NextEra reported quarterly EPS of $1.24, above the $1.20 analyst consensus, while revenue of $8.09 billion fell short of the $8.47 billion estimate but rose 1.6% year over year.
• Shares opened at $78.10, near the lower end of their 52-week range, while the company maintained a quarterly dividend of $0.6232 per share, equivalent to a 3.2% annualized yield. Analysts hold a consensus “Moderate Buy” rating with an average price target of $98.05.

CWA Asset Management Group LLC cut its stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 49.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,901 shares of the utilities provider's stock after selling 24,409 shares during the period. CWA Asset Management Group LLC's holdings in NextEra Energy were worth $1,886,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Legal & General Group Plc bought a new position in shares of NextEra Energy during the second quarter worth approximately $1,465,987,000. GQG Partners LLC acquired a new stake in NextEra Energy during the 2nd quarter worth approximately $651,293,000. Canada Pension Plan Investment Board acquired a new stake in NextEra Energy during the 2nd quarter worth approximately $389,527,000. Amundi boosted its stake in NextEra Energy by 46.5% in the 2nd 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 NextEra Energy in the 2nd quarter valued at $288,886,000. Institutional investors own 78.72% of the company's stock.

NextEra Energy Trading Down 1.0%

Shares of NEE stock opened at $78.10 on Thursday. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. The stock has a market cap of $162.92 billion, a P/E ratio of 17.55, a price-to-earnings-growth ratio of 2.43 and a beta of 0.64. The stock has a 50 day simple moving average of $80.71 and a 200 day simple moving average of $86.28. 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 issued its quarterly earnings results on Wednesday, October 21st. The utilities provider reported $1.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.20 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 $8.09 billion for the quarter, compared to the consensus estimate of $8.47 billion. During the same quarter in the prior year, the business posted $1.13 earnings per share. The firm's quarterly revenue was up 1.6% compared to the same quarter last year. On average, research analysts predict that NextEra Energy, Inc. will post 4.03 earnings per share for the current fiscal 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 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 was Friday, August 28th. NextEra Energy's dividend payout ratio is presently 55.96%.

Analyst Upgrades and Downgrades

NEE has been the topic of a number of research reports. Erste Group Bank lowered NextEra Energy from a "buy" rating to a "hold" rating in a report on Thursday, June 25th. Jefferies Financial Group reissued a "hold" rating on shares of NextEra Energy in a report on Thursday, October 8th. Barclays set a $84.00 target price on shares of NextEra Energy and gave the company an "equal weight" rating in a research report on Monday. HC Wainwright reissued a "buy" rating on shares of NextEra Energy in a research report on Monday, July 27th. Finally, Mizuho decreased their price target on shares of NextEra Energy from $95.00 to $80.00 and set a "neutral" rating on the stock in a research note on Tuesday, October 6th. 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. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $98.05.

NextEra Energy News Summary

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

• Positive Sentiment: Quarterly earnings beat expectations: NextEra reported adjusted EPS of $1.24, up from $1.13 a year earlier and above the $1.20 consensus estimate. Strength at Florida Power & Light (FPL) and growth at NextEra Energy Resources supported the result. NextEra Energy beats third-quarter profit estimates
• Positive Sentiment: Growth pipeline remains substantial: Energy Resources added 3.7 gigawatts of renewables and storage to its backlog, bringing the total to approximately 36.7 GW. Management also highlighted a roughly $20 billion data-center pipeline and 9.7% EPS growth. NextEra Energy Q3 2026 earnings call transcript
• Positive Sentiment: 2026 outlook reaffirmed: NextEra maintained its adjusted EPS target of $3.92 to $4.02 and said it is targeting the high end of that range, reducing near-term guidance risk. Sanford C. Bernstein also reaffirmed an Outperform rating with a $108 price target. NextEra Energy tops Q3 earnings estimates
• Neutral Sentiment: Dominion transaction remains a longer-term catalyst and risk: Shareholders approved the proposed combination, which the companies still expect to close in the second half of 2027. The deal’s eventual benefits depend on regulatory approval and acceptable conditions. NextEra Energy posts third-quarter GAAP net income
• Negative Sentiment: Revenue missed estimates: Quarterly revenue was $8.09 billion versus the $8.47 billion consensus, despite rising 1.6% year over year. The sales shortfall may temper enthusiasm around the earnings beat. NextEra Energy Q3 earnings beat on FPL strength
• Negative Sentiment: Merger-related regulatory pressure is increasing: Virginia Governor Abigail Spanberger has urged regulators to reject the Dominion-NextEra deal in its current form and is seeking a six-year rate freeze, greater bill credits and more transparency. These demands could delay the transaction or reduce its financial benefits. Virginia wants six-year rate freeze in NextEra-Dominion deal

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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