NextEra Energy, Inc. $NEE Stock: Thurston Springer Miller Herd & Titak Inc. Reduces Position

Thurston Springer Miller Herd & Titak Inc. lowered its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 71.9% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 3,867 shares of the utilities provider’s stock after selling 9,911 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in NextEra Energy were worth $293,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NEE. Pin Oak Investment Advisors Inc. purchased a new stake in shares of NextEra Energy in the second quarter valued at approximately $26,000. Kilter Group LLC acquired a new stake in shares of NextEra Energy in the second quarter valued at about $25,000. Manning & Napier Advisors LLC purchased a new stake in shares of NextEra Energy during the second quarter worth about $26,000. Financial Life Planners purchased a new stake in shares of NextEra Energy during the first quarter worth about $30,000. Finally, Osbon Capital Management LLC purchased a new stake in shares of NextEra Energy during the fourth quarter worth about $27,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy News Summary

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

• Positive Sentiment: NextEra’s history of exceeding earnings expectations, together with favorable analyst-estimate trends and other indicators tracked by Zacks, is being cited as evidence that the company could beat consensus in its next quarterly report. Will NextEra Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: KeyCorp raised its fourth-quarter 2026 EPS estimate to $0.49 from $0.44, while Wells Fargo reiterated a Buy rating and a $108 price target. The company’s earnings outlook is also viewed as supportive of continued dividend growth after 31 consecutive years of increases. Wells Fargo Keeps Buy Rating on NextEra Energy
• Neutral Sentiment: NextEra disclosed a proposed $15.5 million insurance-funded settlement in shareholder litigation, along with governance reforms lasting at least four years. The resolution could reduce legal uncertainty, although investors may continue monitoring the reforms and their effect on management oversight. Governance Settlement and Earnings Expectations Could Be a Game Changer
• Negative Sentiment: KeyCorp lowered its Q3 2026 EPS estimate to $1.23 from $1.34 and reduced its FY2026, FY2027, FY2029, and FY2030 forecasts slightly. Its FY2026 estimate of $3.96 is below the roughly $4.03 consensus, tempering the earnings-beat narrative. KeyCorp Estimate Changes
• Negative Sentiment: Morgan Stanley reportedly warned that higher interest rates could pressure valuations across clean-tech companies, including NextEra. Higher rates can raise financing costs and reduce the value investors assign to long-duration renewable-energy growth projects. Clean-Tech Firms Facing Valuation Impact on Higher Rates

NextEra Energy Trading Up 0.0%

NYSE NEE traded up $0.02 during trading on Wednesday, hitting $78.24. The stock had a trading volume of 4,732,735 shares, compared to its average volume of 10,734,374. The company has a market capitalization of $163.22 billion, a PE ratio of 17.58, a PEG ratio of 2.41 and a beta of 0.64. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. The firm has a 50 day moving average price of $81.49 and a 200 day moving average price of $86.85. NextEra Energy, Inc. has a twelve month low of $74.41 and a twelve month high of $98.75.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating the consensus estimate of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The company had revenue of $7.53 billion during the quarter, compared to analysts’ expectations of $8.11 billion. During the same quarter last year, the company posted $1.05 EPS. The firm’s revenue was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities research analysts forecast that NextEra Energy, Inc. will post 4.03 earnings per share for the current year.

NextEra Energy Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on NEE shares. Morgan Stanley set a $110.00 price objective on NextEra Energy and gave the company an “overweight” rating in a report on Wednesday. Erste Group Bank lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. Barclays set a $91.00 target price on shares of NextEra Energy and gave the stock an “equal weight” rating in a report on Tuesday, July 7th. Bank of America reduced their target price on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research report on Monday, July 13th. Finally, Wall Street Zen downgraded shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday, October 3rd. Eighteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $99.65.

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.