Bessemer Group Inc. Acquires 592,883 Shares of NextEra Energy, Inc. $NEE

Bessemer Group Inc. boosted its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 6.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,387,467 shares of the utilities provider’s stock after buying an additional 592,883 shares during the period. NextEra Energy comprises 1.2% of Bessemer Group Inc.’s portfolio, making the stock its 10th largest holding. Bessemer Group Inc.’s holdings in NextEra Energy were worth $753,625,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Wedbush Securities Inc. boosted its stake in shares of NextEra Energy by 24.8% in the 3rd quarter. Wedbush Securities Inc. now owns 64,158 shares of the utilities provider’s stock valued at $4,843,000 after purchasing an additional 12,738 shares in the last quarter. Varma Mutual Pension Insurance Co boosted its stake in shares of NextEra Energy by 5.0% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 326,193 shares of the utilities provider’s stock valued at $24,624,000 after purchasing an additional 15,600 shares in the last quarter. National Pension Service boosted its stake in shares of NextEra Energy by 1.3% in the 3rd quarter. National Pension Service now owns 4,845,447 shares of the utilities provider’s stock valued at $365,783,000 after purchasing an additional 60,324 shares in the last quarter. Indivisible Partners acquired a new stake in shares of NextEra Energy in the 4th quarter valued at $1,355,000. Finally, Y Intercept Hong Kong Ltd boosted its stake in shares of NextEra Energy by 61.8% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 60,985 shares of the utilities provider’s stock valued at $4,604,000 after purchasing an additional 23,288 shares in the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on NEE shares. Morgan Stanley set a $108.00 target price on shares of NextEra Energy and gave the company an “overweight” rating in a research note on Friday, April 17th. Barclays lifted their price target on NextEra Energy from $85.00 to $89.00 and gave the company an “equal weight” rating in a report on Tuesday, April 7th. Scotiabank lifted their price target on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a report on Friday, April 24th. Mizuho lifted their price target on NextEra Energy from $90.00 to $95.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Finally, Evercore reaffirmed an “outperform” rating and issued a $107.00 price target on shares of NextEra Energy in a report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, NextEra Energy presently has a consensus rating of “Moderate Buy” and an average price target of $99.10.

Insiders Place Their Bets

In other NextEra Energy news, EVP Terrell Kirk Crews II sold 19,672 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $90.27, for a total transaction of $1,775,791.44. Following the completion of the sale, the executive vice president directly owned 73,857 shares of the company’s stock, valued at approximately $6,667,071.39. The trade was a 21.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Nicole J. Daggs sold 4,934 shares of the business’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $93.00, for a total value of $458,862.00. Following the sale, the executive vice president directly owned 16,905 shares of the company’s stock, valued at $1,572,165. This represents a 22.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 31,767 shares of company stock valued at $2,881,077. 0.18% of the stock is currently owned by insiders.

NextEra Energy Stock Performance

NextEra Energy stock opened at $95.55 on Friday. The stock has a 50-day simple moving average of $92.93 and a 200 day simple moving average of $87.77. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. NextEra Energy, Inc. has a 12-month low of $63.88 and a 12-month high of $98.75. The stock has a market capitalization of $199.25 billion, a price-to-earnings ratio of 24.31, a P/E/G ratio of 2.78 and a beta of 0.73.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The business had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.43 billion. During the same period in the previous year, the business posted $0.99 earnings per share. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. On average, research analysts anticipate that NextEra Energy, Inc. will post 4 earnings per share for the current fiscal year.

NextEra Energy News Roundup

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

• Positive Sentiment: J.P. Morgan raised its price target on NextEra Energy to $105 and maintained an Overweight rating, signaling continued analyst confidence in the company’s earnings and growth outlook. NextEra Energy (NYSE:NEE) Price Target Raised to $105.00 at JPMorgan Chase & Co.
• Positive Sentiment: Another note from J.P. Morgan reiterated a Buy stance on NextEra Energy, adding to the positive sentiment around the stock. NextEra Energy (NEE) Receives a Buy from J.P. Morgan
• Positive Sentiment: Recent articles framing NextEra Energy as a top clean-energy pick suggest investors remain focused on its renewables leadership and potential benefit from higher energy prices. 1 Clean Energy Stock to Buy While Oil Prices Are High
• Neutral Sentiment: Coverage questioning whether NextEra Energy is “too late” to buy after a strong one-year rally may temper enthusiasm, but it also reflects the stock’s strong recent performance and ongoing investor debate about valuation. Is It Too Late To Consider NextEra Energy (NEE) After A 35% One Year Rally?
• Neutral Sentiment: Reuters reported that NextEra Energy settled a nuclear plant wage lawsuit for $9.5 million, which removes an overhang but is too small to materially change the company’s outlook. NextEra Energy settles nuclear plant wage lawsuit for $9.5 million

NextEra Energy Company Profile

NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.