UNIVEST FINANCIAL Corp lowered its position in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 4.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 328,041 shares of the utilities provider’s stock after selling 16,733 shares during the period. NextEra Energy comprises about 1.2% of UNIVEST FINANCIAL Corp’s holdings, making the stock its 17th largest holding. UNIVEST FINANCIAL Corp’s holdings in NextEra Energy were worth $24,846,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of NEE. NBH Bank lifted its holdings in shares of NextEra Energy by 2.0% in the 3rd quarter. NBH Bank now owns 13,366 shares of the utilities provider’s stock worth $1,012,000 after acquiring an additional 265 shares during the last quarter. Silver Grove Financial Group Inc. boosted its stake in shares of NextEra Energy by 6.1% in the 3rd quarter. Silver Grove Financial Group Inc. now owns 2,240 shares of the utilities provider’s stock valued at $170,000 after purchasing an additional 128 shares in the last quarter. Illinois Municipal Retirement Fund grew its holdings in shares of NextEra Energy by 29.8% during the 3rd quarter. Illinois Municipal Retirement Fund now owns 50,803 shares of the utilities provider’s stock valued at $3,848,000 after purchasing an additional 11,662 shares during the last quarter. Inspire Trust Co. N.A. grew its holdings in shares of NextEra Energy by 11.3% during the 3rd quarter. Inspire Trust Co. N.A. now owns 197,000 shares of the utilities provider’s stock valued at $14,921,000 after purchasing an additional 20,000 shares during the last quarter. Finally, Northbridge Financial Group LLC grew its holdings in shares of NextEra Energy by 18.0% during the 3rd quarter. Northbridge Financial Group LLC now owns 7,974 shares of the utilities provider’s stock valued at $621,000 after purchasing an additional 1,215 shares during the last quarter. 78.72% of the stock is currently owned by hedge funds and other institutional investors.
NextEra Energy Price Performance
Shares of NextEra Energy stock opened at $85.95 on Thursday. The company has a quick ratio of 0.45, a current ratio of 0.53 and a debt-to-equity ratio of 1.33. The company has a market cap of $180.26 billion, a PE ratio of 21.46, a P/E/G ratio of 2.67 and a beta of 0.60. The business has a 50 day moving average of $80.74 and a 200 day moving average of $87.30. NextEra Energy, Inc. has a 52 week low of $74.41 and a 52 week high of $98.75.
NextEra Energy (NYSE:NEE – Get Free Report) last announced its quarterly earnings results on Wednesday, October 21st. The utilities provider reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $1.20 by $0.04. The company had revenue of $8.09 billion during 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 firm’s revenue was up 1.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.13 earnings per share. As a group, equities research analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.
NextEra Energy Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Friday, November 27th will be issued a $0.6232 dividend. The ex-dividend date is Friday, November 27th. This represents a $2.49 annualized dividend and a yield of 2.9%. NextEra Energy’s dividend payout ratio is 44.86%.
NextEra Energy News Summary
These are some of the NEE news items that stood out recently:
- Positive Sentiment: The EIA expects U.S. electricity demand to reach record highs in 2026 and 2027, partly because of AI use. Higher power demand could create opportunities for NextEra’s utility and energy-development businesses, although the report is industrywide rather than a company-specific sales announcement. Reuters: U.S. power demand outlook
- Neutral Sentiment: Florida Power & Light, a NextEra subsidiary, doubled funding for its Saving Steps program to $30 million. Eligible customers can receive a $200 bill credit; the announcement may aid customer energy savings and engagement, but gives no indication of a material earnings impact. FPL doubles Saving Steps funding
- Neutral Sentiment: Zacks reported heightened user searches for NEE, which signals attention but not a change in the company’s outlook or fundamentals. Zacks: Investors search NextEra Energy
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the stock. Wall Street Zen upgraded shares of NextEra Energy from a “strong sell” rating to a “sell” rating in a research report on Saturday, October 17th. Mizuho cut their price target on shares of NextEra Energy from $95.00 to $80.00 and set a “neutral” rating for the company in a research report on Tuesday, October 6th. Piper Sandler set a $88.00 price objective on NextEra Energy in a research note on Tuesday, October 20th. BTIG Research set a $106.00 price objective on NextEra Energy in a research note on Thursday, October 22nd. Finally, BMO Capital Markets set a $88.00 price objective on NextEra Energy and gave the stock an “outperform” rating in a report on Tuesday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $97.80.
Check Out Our Latest Research Report on NEE
NextEra Energy Company Profile
NextEra Energy, Inc. is an energy company whose businesses include Florida Power & Light Company (FPL), a regulated electric utility, and NextEra Energy Resources, a developer and operator of energy infrastructure. FPL generates, transmits and distributes electricity to customers across Florida. NextEra Energy Resources develops and operates projects in North America, including wind and solar generation, battery storage, and natural gas and nuclear facilities. The company also invests in transmission infrastructure and provides energy-related services.
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