Cornerstone Enterprises LLC acquired a new position in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 9,762 shares of the utilities provider’s stock, valued at approximately $739,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Walker Asset Management LLC increased its position in NextEra Energy by 2.2% in the 1st quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock valued at $465,000 after acquiring an additional 107 shares during the period. PUREfi Wealth LLC raised its stake in NextEra Energy by 0.9% during the 1st quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock valued at $1,170,000 after acquiring an additional 107 shares in the last quarter. Cornerstone Planning Group LLC boosted its position in NextEra Energy by 12.8% during the 1st quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock worth $94,000 after acquiring an additional 111 shares during the period. Legacy Wealth Managment LLC ID boosted its position in NextEra Energy by 23.2% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider’s stock worth $55,000 after acquiring an additional 112 shares during the period. Finally, Fingerlakes Wealth Management Inc. boosted its position in NextEra Energy by 0.7% during the 2nd quarter. Fingerlakes Wealth Management Inc. now owns 16,669 shares of the utilities provider’s stock worth $1,463,000 after acquiring an additional 116 shares during the period. 78.72% of the stock is currently owned by institutional investors and hedge funds.
More NextEra Energy News
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: Wells Fargo upgraded NextEra Energy to “strong buy,” providing a favorable signal for the utility’s valuation and growth outlook. Wells Fargo upgrades NextEra Energy
- Positive Sentiment: NextEra and Brookfield plan to develop a roughly $100 billion Kentucky AI hub, including a 1.8-gigawatt data-center campus, 2 GW of gas-fired generation and 2.6 GW of battery storage. The project highlights potential long-term electricity-demand growth, although execution and financing risks remain. Brookfield and NextEra AI hub
- Positive Sentiment: Analysts expect NextEra to benefit from its history of earnings surprises, while KeyCorp raised its fourth-quarter 2026 EPS estimate to $0.49 from $0.44. The company’s long-term earnings outlook also supports the case for continued dividend growth. NextEra earnings outlook
- Neutral Sentiment: NextEra disclosed a proposed settlement of shareholder litigation in which insurers would pay the company $15.5 million, alongside at least four years of governance reforms. The settlement could reduce legal and governance overhangs, but it also keeps prior management issues in focus. NextEra governance settlement
- Negative Sentiment: Investors face uncertainty over NextEra’s proposed $67 billion acquisition, while higher interest rates, persistent inflation and weaker appetite for growth stocks have pressured renewable-energy valuations. NextEra proposed acquisition uncertainty
- Negative Sentiment: KeyCorp lowered its EPS forecasts for 2026, 2027, 2028, 2029 and 2030, including 2026 EPS to $3.96 from $4.02 and 2030 EPS to $5.45 from $5.50. Its Q3 estimate also fell to $1.23 from $1.34, potentially limiting near-term upside.
Analyst Ratings Changes
Several research analysts have recently issued reports on the company. 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. Erste Group Bank cut shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $108.00 price objective on shares of NextEra Energy in a report on Monday, July 27th. HC Wainwright reissued a “buy” rating on shares of NextEra Energy in a research note on Monday, July 27th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of NextEra Energy in a research report on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, NextEra Energy presently has an average rating of “Moderate Buy” and an average target price of $99.65.
View Our Latest Report on NextEra Energy
NextEra Energy Price Performance
Shares of NYSE NEE opened at $79.02 on Friday. The company has a market capitalization of $164.82 billion, a price-to-earnings ratio of 17.76, a PEG ratio of 2.41 and a beta of 0.64. NextEra Energy, Inc. has a twelve month low of $74.41 and a twelve month high of $98.75. The firm has a 50-day moving average of $81.22 and a two-hundred day moving average of $86.67. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45.
NextEra Energy (NYSE:NEE – Get Free Report) last announced its quarterly earnings data 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 the consensus estimate of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%. The company’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, analysts expect that NextEra Energy, Inc. will post 4.03 earnings per share for the current fiscal year.
NextEra Energy Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th were issued a dividend of $0.6232 per share. 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 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.
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