Convergence Investment Partners LLC Takes $624,000 Position in NextEra Energy, Inc. $NEE

Convergence Investment Partners LLC purchased a new stake in shares of NextEra Energy, Inc. (NYSE:NEE) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 7,779 shares of the utilities provider’s stock, valued at approximately $624,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of NEE. Wedbush Securities Inc. increased its stake in shares of NextEra Energy by 24.8% during the 3rd quarter. Wedbush Securities Inc. now owns 64,158 shares of the utilities provider’s stock worth $4,843,000 after purchasing an additional 12,738 shares in the last quarter. Varma Mutual Pension Insurance Co increased its stake in shares of NextEra Energy by 5.0% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 326,193 shares of the utilities provider’s stock worth $24,624,000 after purchasing an additional 15,600 shares in the last quarter. National Pension Service increased its stake in shares of NextEra Energy by 1.3% during the 3rd quarter. National Pension Service now owns 4,845,447 shares of the utilities provider’s stock worth $365,783,000 after purchasing an additional 60,324 shares in the last quarter. Indivisible Partners purchased a new stake in NextEra Energy in the 4th quarter worth approximately $1,355,000. Finally, Y Intercept Hong Kong Ltd grew its stake in NextEra Energy by 61.8% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 60,985 shares of the utilities provider’s stock worth $4,604,000 after acquiring an additional 23,288 shares during the period. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Stock Down 2.4%

Shares of NEE opened at $93.34 on Friday. The firm has a market cap of $194.64 billion, a PE ratio of 23.75, a price-to-earnings-growth ratio of 2.74 and a beta of 0.73. The company’s fifty day moving average is $92.94 and its two-hundred day moving average is $87.81. NextEra Energy, Inc. has a fifty-two week low of $63.88 and a fifty-two week high of $98.75. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.06. The company had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. NextEra Energy’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter last year, the business earned $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have commented on the stock. Seaport Research Partners lowered their target price on shares of NextEra Energy from $56.00 to $55.00 and set a “sell” rating for the company in a research note on Monday, February 2nd. Weiss Ratings raised shares of NextEra Energy from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, April 27th. Jefferies Financial Group lifted their target price on shares of NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a research note on Tuesday, April 21st. UBS Group lifted their target price on shares of NextEra Energy from $91.00 to $104.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Finally, DA Davidson lifted their target price on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, NextEra Energy has an average rating of “Moderate Buy” and an average target price of $99.10.

Key Stories Impacting NextEra Energy

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

• Positive Sentiment: A potential Dominion acquisition could give NextEra Energy a bigger platform in regulated utilities and renewable power, while strengthening its exposure to surging data-center electricity demand. NextEra Energy Near Deal for Rival Utility Dominion
• Positive Sentiment: Several reports suggest the deal could be announced soon, which is keeping M&A speculation focused on NextEra Energy and the strategic value of its scale in the AI power boom. NextEra, Dominion in talks over tie-up to create $400 billion US utility giant, FT reports
• Neutral Sentiment: One article highlighted NextEra as a leading utility stock, but this was more of a broader sector mention than a company-specific catalyst. Got $1,000? These 3 Energy Stocks Are Worth Every Penny.
• Negative Sentiment: Comments about rising rates and quantitative tightening added pressure on rate-sensitive utilities like NextEra Energy, reinforcing concerns that higher Treasury yields could weigh on the group. Forget Utility Dividends. Kevin Warsh Just Made the 30-Year Treasury a Better Income Play

Insider Buying and Selling at NextEra Energy

In other NextEra Energy news, EVP Terrell Kirk Crews II sold 19,672 shares of NextEra Energy stock in a transaction on Monday, March 9th. The shares were sold at an average price of $90.27, for a total value of $1,775,791.44. Following the transaction, the executive vice president owned 73,857 shares in the company, valued at $6,667,071.39. This trade represents a 21.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Nicole J. Daggs sold 4,934 shares of NextEra Energy stock in a transaction on Friday, March 13th. The shares were sold at an average price of $93.00, for a total transaction of $458,862.00. Following the completion of the transaction, the executive vice president owned 16,905 shares in the company, valued at approximately $1,572,165. This trade represents a 22.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 31,767 shares of company stock worth $2,881,077 in the last quarter. 0.18% of the stock is owned by insiders.

NextEra Energy Profile

NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.