NextEra Energy, Inc. $NEE Stock Purchased by WASHINGTON TRUST Co

WASHINGTON TRUST Co boosted its stake in NextEra Energy, Inc. (NYSE:NEE) by 2.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 357,004 shares of the utilities provider’s stock after purchasing an additional 8,384 shares during the period. WASHINGTON TRUST Co’s holdings in NextEra Energy were worth $27,039,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Legal & General Group Plc acquired a new position in shares of NextEra Energy during the second quarter worth about $1,465,987,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of NextEra Energy by 5.8% in the second 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 worth $1,430,834,000 after buying an additional 895,824 shares during the period. Amundi boosted its position in shares of NextEra Energy by 46.5% in the second quarter. Amundi now owns 13,329,077 shares of the utilities provider’s stock worth $1,169,839,000 after buying an additional 4,231,814 shares during the period. Bessemer Group Inc. boosted its position in shares of NextEra Energy by 8.5% in the first quarter. Bessemer Group Inc. now owns 10,187,013 shares of the utilities provider’s stock worth $946,169,000 after buying an additional 799,546 shares during the period. Finally, Pictet Asset Management Holding SA boosted its position in shares of NextEra Energy by 4.3% in the first quarter. Pictet Asset Management Holding SA now owns 9,648,920 shares of the utilities provider’s stock worth $896,185,000 after buying an additional 394,898 shares during the period. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Wells Fargo & Company raised NextEra Energy to a “strong-buy” rating in a research report on Monday, October 12th. Mizuho lowered their price objective 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. Jefferies Financial Group reiterated a “hold” rating on shares of NextEra Energy in a research note on Thursday, October 8th. Bank of America reduced their target price on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a research report on Monday, July 13th. Finally, Morgan Stanley set a $110.00 target price on shares of NextEra Energy and gave the company an “overweight” rating in a research note on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $97.71.

More NextEra Energy News

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

NextEra Energy Stock Up 0.3%

NEE traded up $0.25 on Friday, reaching $82.15. The company’s stock had a trading volume of 11,735,283 shares, compared to its average volume of 12,948,959. NextEra Energy, Inc. has a 1 year low of $74.41 and a 1 year high of $98.75. The business’s 50 day moving average is $80.55 and its 200 day moving average is $86.17. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.53 and a quick ratio of 0.44. The stock has a market cap of $172.29 billion, a price-to-earnings ratio of 14.80, a price-to-earnings-growth ratio of 2.54 and a beta of 0.64.

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

NextEra Energy Announces Dividend

The business 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 dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, November 27th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. NextEra Energy’s dividend payout ratio (DPR) is presently 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.