NextEra Energy, Inc. $NEE Stock: Cardinal Capital Management Inc. Raises Holdings

Cardinal Capital Management Inc. boosted its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 4.9% during the third quarter, Holdings Channel reports. The fund owned 460,576 shares of the utilities provider’s stock after acquiring an additional 21,571 shares during the period. Cardinal Capital Management Inc.’s holdings in NextEra Energy were worth $34,884,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in NEE. Legal & General Group Plc acquired a new position in shares of NextEra Energy during the second quarter worth approximately $1,465,987,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of 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 during the last quarter. Amundi increased its holdings 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 valued at $1,169,839,000 after purchasing an additional 4,231,814 shares in the last quarter. Bessemer Group Inc. increased its holdings 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 valued at $946,169,000 after purchasing an additional 799,546 shares in the last quarter. Finally, Pictet Asset Management Holding SA raised its position in NextEra Energy by 4.3% in the 1st quarter. Pictet Asset Management Holding SA now owns 9,648,920 shares of the utilities provider’s stock worth $896,185,000 after purchasing an additional 394,898 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Trending Headlines about NextEra Energy

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

• Positive Sentiment: AI infrastructure investment offers significant growth potential. NextEra and Brookfield plan to develop a potential $100 billion AI hub in Kentucky, including a 1.8-gigawatt data-center campus, gas-fired generation and battery storage. The project could create substantial long-term electricity demand, although execution and financing remain important considerations. Brookfield, NextEra to Build $100 Billion AI Hub on Cold War Nuclear Site
• Positive Sentiment: Wells Fargo upgraded NextEra to “strong buy,” providing a favorable analyst signal after the recent pullback. Separately, analysts continue to cite strong clean-energy demand and improving earnings estimates as potential growth drivers. NEE Stock Falls Behind Industry in 3 Months: Should You Buy Now?
• Neutral Sentiment: NextEra’s proposed $67 billion Dominion Energy acquisition remains uncertain. Investor commentary highlights pressure from higher interest rates, inflation and weaker sentiment toward renewable-energy stocks, while the deal’s regulatory outcome remains unresolved. NextEra Energy Faces Uncertainty Over Its Proposed Acquisition
• Neutral Sentiment: A former NextEra public-affairs executive joined AIB Data Centers, a move that is not expected to materially affect NEE’s near-term financial results but underscores competition for data-center and infrastructure expertise. Former NextEra Veteran Joins AIB to Lead Public Affairs and Community Engagement
• Negative Sentiment: KeyCorp slightly reduced its FY2028 EPS forecast to $4.70 from $4.73, signaling modestly lower expected earnings power. NextEra Energy Stock Earnings Estimates Lowered by KeyCorp
• Negative Sentiment: A $4 million donation connected to President Trump’s proposed ballroom has drawn watchdog criticism while regulators consider the Dominion transaction. The controversy could increase reputational risk and complicate scrutiny of the merger. NextEra’s $4M Trump Ballroom Donation Muddies Dominion Merger Debate
• Negative Sentiment: NextEra’s premium valuation remains a concern despite clean-energy growth prospects, particularly as higher rates pressure capital-intensive utilities and renewable-energy companies. Rising household electricity costs may also increase political and regulatory pressure on the sector. The Average Electric Utility Bill Is $147 a Month

Wall Street Analyst Weigh In

NEE has been the topic of several research reports. Mizuho reduced their price objective on NextEra Energy from $95.00 to $80.00 and set a “neutral” rating on the stock in a report on Tuesday, October 6th. Wells Fargo & Company upgraded NextEra Energy to a “strong-buy” rating in a research report on Monday, October 12th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $108.00 price target on shares of NextEra Energy in a research note on Monday, July 27th. Seaport Research Partners reaffirmed a “sell” rating and set a $56.00 price target (up from $55.00) on shares of NextEra Energy in a research note on Friday, October 2nd. Finally, Scotiabank decreased their price target on NextEra Energy from $110.00 to $99.00 and set an “outperform” rating on the stock in a report on Wednesday, September 30th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, NextEra Energy currently has an average rating of “Moderate Buy” and an average target price of $99.65.

NextEra Energy Trading Up 1.1%

Shares of NYSE NEE opened at $79.80 on Friday. The company’s 50 day simple moving average is $81.13 and its 200 day simple moving average is $86.62. NextEra Energy, Inc. has a fifty-two week low of $74.41 and a fifty-two week high of $98.75. The firm has a market capitalization of $166.47 billion, a P/E ratio of 17.93, a P/E/G ratio of 2.43 and a beta of 0.64. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. During the same period last year, the firm earned $1.05 earnings per share. The business’s revenue for the quarter was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, analysts predict that NextEra Energy, Inc. will post 4.03 EPS for the current year.

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th were given a $0.6232 dividend. This represents a $2.49 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.

About NextEra Energy

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.