NextEra Energy, Inc. $NEE Stock: Ninety One North America Inc. Reduces Stake

Ninety One North America Inc. reduced its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 45.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 103,892 shares of the utilities provider’s stock after selling 86,469 shares during the quarter. Ninety One North America Inc.’s holdings in NextEra Energy were worth $7,869,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Legal & General Group Plc acquired a new position in shares of NextEra Energy during the second quarter worth $1,465,987,000. GQG Partners LLC bought a new stake in NextEra Energy during the 2nd quarter worth approximately $651,293,000. Canada Pension Plan Investment Board acquired a new position in NextEra Energy in the 2nd quarter valued at approximately $389,527,000. Amundi increased its position 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 acquiring an additional 4,231,814 shares during the period. Finally, Caisse de depot et placement du Quebec acquired a new position in NextEra Energy in the 2nd quarter valued at approximately $288,886,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently issued reports on NEE. Seaport Research Partners reaffirmed a “sell” rating and set a $56.00 price target (up from $55.00) on shares of NextEra Energy in a research note on Friday, October 2nd. HC Wainwright reissued a “buy” rating on shares of NextEra Energy in a research note on Monday, July 27th. Bank of America decreased their price target on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research note on Monday, July 13th. Weiss Ratings reissued a “buy (b-)” rating on shares of NextEra Energy in a research note on Tuesday, September 8th. Finally, Mizuho lowered their price objective on NextEra Energy from $95.00 to $80.00 and set a “neutral” rating for the company in a research report on Tuesday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $99.65.

Key NextEra Energy News

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

• Positive Sentiment: Wells Fargo upgraded NEE to “strong buy.” The rating change provides a near-term boost to sentiment and suggests the firm sees attractive upside at recent valuation levels. Wells Fargo upgrade article
• Positive Sentiment: NextEra and Brookfield are planning a potential $100 billion AI energy hub in Kentucky. The proposal reportedly includes a 1.8-gigawatt data-center campus, 2 gigawatts of gas-fired generation and 2.6 gigawatts of battery storage. If executed, the project could support long-term power demand, infrastructure investment and growth for NextEra’s energy businesses. Brookfield and NextEra AI hub article
• Positive Sentiment: Analysts and research services continue to highlight NextEra’s history of earnings surprises and the possibility of another quarterly beat. KeyCorp also raised its fourth-quarter 2026 EPS estimate to $0.49 from $0.44. NextEra earnings outlook article
• Neutral Sentiment: NextEra disclosed a proposed $15.5 million insurance-funded settlement of shareholder litigation alongside governance reforms. The settlement may reduce legal uncertainty, although the reforms could increase oversight and compliance requirements. Governance settlement article
• Negative Sentiment: KeyCorp lowered several longer-term EPS estimates. Its forecasts declined for 2026, 2027, 2028, 2029 and 2030, while its Q3 2026 estimate fell to $1.23 from $1.34. Separately, Morgan Stanley warned that higher interest rates could pressure clean-tech valuations, a risk for capital-intensive utilities such as NEE. Morgan Stanley clean-tech valuation article

NextEra Energy Trading Up 0.7%

NYSE NEE traded up $0.55 during mid-day trading on Thursday, reaching $78.92. 6,820,598 shares of the stock were exchanged, compared to its average volume of 10,745,954. The stock has a market cap of $164.63 billion, a P/E ratio of 17.73, a P/E/G ratio of 2.41 and a beta of 0.64. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. NextEra Energy, Inc. has a one year low of $74.41 and a one year high of $98.75. The stock has a 50 day simple moving average of $81.34 and a 200-day simple moving average of $86.76.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The business had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. During the same quarter in the prior year, the firm posted $1.05 earnings per share. The business’s quarterly revenue was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, analysts anticipate that NextEra Energy, Inc. will post 4.03 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th were paid a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, August 28th. NextEra Energy’s payout ratio is currently 55.96%.

NextEra Energy Company 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.