Curated Wealth Partners LLC cut its stake in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 85.5% during the third quarter, HoldingsChannel reports. The fund owned 8,198 shares of the utilities provider’s stock after selling 48,167 shares during the quarter. Curated Wealth Partners LLC’s holdings in NextEra Energy were worth $621,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Legal & General Group Plc purchased a new stake in shares of NextEra Energy during the 2nd quarter worth $1,465,987,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in NextEra Energy by 5.8% during 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 valued at $1,430,834,000 after purchasing an additional 895,824 shares in the last quarter. Amundi boosted its position in NextEra Energy by 46.5% during the second 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 in the last quarter. Bessemer Group Inc. grew its stake in NextEra Energy by 8.5% in the first quarter. Bessemer Group Inc. now owns 10,187,013 shares of the utilities provider’s stock valued at $946,169,000 after purchasing an additional 799,546 shares during the last quarter. Finally, Pictet Asset Management Holding SA grew its stake in 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 valued at $896,185,000 after purchasing an additional 394,898 shares during the last quarter. 78.72% of the stock is currently owned by hedge funds and other institutional investors.
NextEra Energy Stock Performance
Shares of NEE stock opened at $79.02 on Friday. NextEra Energy, Inc. has a 12-month low of $74.41 and a 12-month high of $98.75. The business’s fifty day simple moving average is $81.22 and its 200-day simple moving average is $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. The company has a market cap of $164.82 billion, a PE ratio of 17.76, a PEG ratio of 2.41 and a beta of 0.64.
NextEra Energy Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 28th were given a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a 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%.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on NEE shares. Jefferies Financial Group reiterated a “hold” rating on shares of NextEra Energy in a report on Thursday, October 8th. Wall Street Zen lowered shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a research report on Saturday, October 3rd. Wells Fargo & Company upgraded shares of NextEra Energy to a “strong-buy” rating in a report on Monday. Bank of America cut their price objective 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, Erste Group Bank downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $99.65.
Check Out Our Latest Analysis on NEE
Trending Headlines about NextEra Energy
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.
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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