Canandaigua National Trust Co of Florida Makes New $598,000 Investment in NextEra Energy, Inc. $NEE

Canandaigua National Trust Co of Florida purchased a new stake in shares of NextEra Energy, Inc. (NYSE:NEE) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 7,897 shares of the utilities provider’s stock, valued at approximately $598,000.

Other hedge funds also recently added to or reduced their stakes in the company. Walker Asset Management LLC increased its position in NextEra Energy by 2.2% during the 1st quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock valued at $465,000 after purchasing an additional 107 shares during the period. PUREfi Wealth LLC boosted its stake in shares of NextEra Energy by 0.9% during the first quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock valued at $1,170,000 after purchasing an additional 107 shares in the last quarter. Garrison Point Advisors LLC increased its holdings in NextEra Energy by 0.4% during the fourth quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock valued at $2,269,000 after buying an additional 109 shares during the period. Cornerstone Planning Group LLC increased its holdings in NextEra Energy by 12.8% during the first quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock valued at $94,000 after buying an additional 111 shares during the period. Finally, Legacy Wealth Managment LLC ID increased its holdings in NextEra Energy by 23.2% during the first quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider’s stock valued at $55,000 after buying an additional 112 shares during the period. 78.72% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NEE has been the subject of a number of analyst reports. Scotiabank lowered their target price on NextEra Energy from $110.00 to $99.00 and set an “outperform” rating for the company in a report on Wednesday, September 30th. HC Wainwright reissued a “buy” rating on shares of NextEra Energy in a research report on Monday, July 27th. Jefferies Financial Group set a $94.00 price objective on NextEra Energy in a research note on Tuesday, July 14th. Mizuho dropped their price objective on NextEra Energy from $95.00 to $80.00 and set a “neutral” rating on the stock in a research report on Tuesday. Finally, Wall Street Zen lowered NextEra Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday. Eighteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $98.95.

NextEra Energy Stock Down 1.0%

NEE stock traded down $0.81 on Wednesday, hitting $77.07. 10,602,677 shares of the company’s stock were exchanged, compared to its average volume of 10,815,638. NextEra Energy, Inc. has a 12-month low of $74.41 and a 12-month high of $98.75. The firm has a 50 day moving average price of $82.47 and a two-hundred day moving average price of $87.32. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. The stock has a market cap of $160.77 billion, a P/E ratio of 17.32, a price-to-earnings-growth ratio of 2.36 and a beta of 0.64.

NextEra Energy (NYSE:NEE) last released 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. The company had revenue of $7.53 billion during the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The firm’s revenue was up 12.4% compared to the same quarter last year. During the same period last year, the business posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities research analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 28th were given a $0.6232 dividend. This represents a $2.49 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is presently 55.96%.

Key Stories Impacting NextEra Energy

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

• Positive Sentiment: NextEra and its partners were selected to develop Project Star, a proposed energy campus in Texas exceeding $22 billion and featuring approximately 6.47 gigawatts of generation capacity. If completed, the project could support significant long-term growth in NextEra’s generation and infrastructure business, although its financial contribution and timeline remain unclear. NextEra Just Landed a $22 Billion Project
• Neutral Sentiment: NextEra scheduled its third-quarter 2026 results for before the market opens on October 21. Analysts reportedly expect a single-digit increase in earnings, so the release could become the next major catalyst for the shares. Investors will focus on earnings, revenue, renewable development and updated guidance. NextEra Energy Announces Third-Quarter Results Date
• Negative Sentiment: Virginia Lieutenant Governor Hashmi announced opposition to the proposed NextEra-Dominion merger as public hearings begin. Although the opposition does not determine the final regulatory outcome, it adds political and approval risk to the transaction. NextEra said it respectfully disagrees with the decision. Virginia Lieutenant Governor Opposes NextEra-Dominion Merger
• Negative Sentiment: Mizuho lowered its NextEra price target from $95 to $80 and kept a neutral rating, citing limited upside from the current level. The cut reinforces concerns about valuation and near-term catalysts. NextEra Energy Price Target Lowered at Mizuho
• Negative Sentiment: NextEra disclosed a proposed settlement of shareholder derivative actions that is subject to court review. The legal process creates ongoing uncertainty and could result in additional costs or governance scrutiny. Proposed Settlement of Derivative Actions

NextEra Energy 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.