NextEra Energy, Inc. $NEE Shares Sold by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI trimmed its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 31.3% in the third quarter, HoldingsChannel.com reports. The fund owned 133,356 shares of the utilities provider’s stock after selling 60,768 shares during the period. Citizens Financial Group Inc. RI’s holdings in NextEra Energy were worth $10,100,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of NEE. Legal & General Group Plc bought a new position in NextEra Energy in the 2nd quarter valued at $1,465,987,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of NextEra Energy by 5.8% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 16,302,084 shares of the utilities provider’s stock valued at $1,430,834,000 after purchasing an additional 895,824 shares during the last quarter. Amundi increased its position in shares of NextEra Energy by 46.5% during 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 last quarter. Bessemer Group Inc. raised its stake in shares of NextEra Energy by 8.5% during the 1st quarter. Bessemer Group Inc. now owns 10,187,013 shares of the utilities provider’s stock worth $946,169,000 after purchasing an additional 799,546 shares during the period. Finally, Pictet Asset Management Holding SA raised its stake in shares of NextEra Energy by 4.3% during the 1st quarter. Pictet Asset Management Holding SA now owns 9,648,920 shares of the utilities provider’s stock worth $896,185,000 after purchasing an additional 394,898 shares during the period. 78.72% of the stock is currently owned by institutional investors.

Key Headlines 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

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Barclays cut their price target on shares of NextEra Energy from $84.00 to $79.00 and set an “equal weight” rating on the stock in a report on Friday. HC Wainwright restated a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. Jefferies Financial Group reaffirmed a “hold” rating on shares of NextEra Energy in a research report on Thursday, October 8th. Scotiabank lowered 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 report on Wednesday, September 30th. Finally, BMO Capital Markets set a $88.00 target price on shares of NextEra Energy and gave the company an “outperform” rating in a research note on Tuesday. 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 stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $97.71.

NextEra Energy Trading Up 0.3%

Shares of NextEra Energy stock opened at $82.15 on Friday. NextEra Energy, Inc. has a 52-week low of $74.41 and a 52-week high of $98.75. The stock’s 50-day simple moving average is $80.55 and its 200 day simple moving average is $86.17. The stock has a market capitalization of $172.29 billion, a P/E ratio of 14.80, a P/E/G ratio of 2.55 and a beta of 0.64. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.44 and a current ratio of 0.53.

NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Wednesday, October 21st. The utilities provider reported $1.24 EPS for the quarter, beating the consensus estimate of $1.20 by $0.04. The business had revenue of $8.09 billion for the quarter, compared to the consensus estimate of $8.47 billion. NextEra Energy had a net margin of 40.37% and a return on equity of 12.27%. The company’s revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.13 earnings per share. As a group, research analysts anticipate that NextEra Energy, Inc. will post 4.00 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Friday, November 27th will be given a $0.6232 dividend. The ex-dividend date of this dividend is Friday, November 27th. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. NextEra Energy’s payout ratio is 55.96%.

NextEra Energy 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.