Demars Financial Group LLC purchased a new stake in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 12,086 shares of the utilities provider’s stock, valued at approximately $915,000.
Other hedge funds also recently made changes to their positions in the company. Walker Asset Management LLC grew its holdings in NextEra Energy by 2.2% in the 1st quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock worth $465,000 after buying an additional 107 shares in the last quarter. PUREfi Wealth LLC raised its stake in NextEra Energy by 0.9% during the 1st quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock valued at $1,170,000 after acquiring an additional 107 shares in the last quarter. Cornerstone Planning Group LLC raised its stake in NextEra Energy by 12.8% during the 1st quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock valued at $94,000 after acquiring an additional 111 shares in the last quarter. Legacy Wealth Managment LLC ID raised its stake in NextEra Energy by 23.2% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider’s stock valued at $55,000 after acquiring an additional 112 shares in the last quarter. Finally, Fingerlakes Wealth Management Inc. boosted its position in NextEra Energy by 0.7% during the 2nd quarter. Fingerlakes Wealth Management Inc. now owns 16,669 shares of the utilities provider’s stock worth $1,463,000 after acquiring an additional 116 shares during the period. Institutional investors own 78.72% of the company’s stock.
Key Stories Impacting NextEra Energy
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: Q3 earnings beat estimates: NextEra reported adjusted earnings of $1.24 per share, up from $1.13 a year earlier and ahead of the $1.20 consensus estimate. Florida Power & Light’s performance and growth at NextEra Energy Resources supported the result. NextEra Energy beats third-quarter profit estimates
- Positive Sentiment: Guidance and growth remain intact: Management maintained its 2026 adjusted EPS forecast of $3.92 to $4.02 and said it is targeting the high end. Energy Resources added 3.7 gigawatts of renewable and storage projects to its backlog, bringing the total to approximately 36.7 GW. Management also highlighted a potential $20 billion data-center pipeline. NextEra Energy Posts Third-Quarter GAAP Net Income
- Positive Sentiment: Dividend supports income appeal: The board declared a quarterly dividend of $0.6232 per share, payable Dec. 15 to shareholders of record Nov. 27. The announcement reinforces NextEra’s appeal to utility and income-oriented investors. NextEra Energy board declares quarterly dividend
- Neutral Sentiment: Analysts remain broadly constructive but divided: Sanford C. Bernstein reaffirmed an Outperform rating with a $108 target, while HSBC reduced its target to $103 from $114. These revisions suggest upside is still seen, but expectations have moderated.
- Negative Sentiment: Revenue missed expectations: Third-quarter revenue of $8.09 billion increased 1.6% year over year but fell short of the $8.47 billion consensus, which could limit enthusiasm if earnings growth does not translate into stronger sales.
- Negative Sentiment: Merger-related regulatory uncertainty persists: Virginia Governor Abigail Spanberger is urging regulators to reject or modify the proposed Dominion-NextEra deal and is seeking a six-year rate freeze and additional customer protections. A prolonged review or tougher conditions could raise execution and financial risks. Spanberger critical of Dominion-NextEra merger deal
Analysts Set New Price Targets
Several research analysts have recently issued reports on the company. Wells Fargo & Company raised NextEra Energy to a “strong-buy” rating in a research note on Monday, October 12th. HSBC set a $103.00 price objective on shares of NextEra Energy in a research note on Thursday. Bank of America reduced their price objective on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a report on Monday, July 13th. Weiss Ratings reiterated a “buy (b-)” rating on shares of NextEra Energy in a research report on Tuesday, September 8th. Finally, BMO Capital Markets set a $88.00 target price on shares of NextEra Energy and gave the company an “outperform” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, NextEra Energy presently has an average rating of “Moderate Buy” and a consensus target price of $97.95.
View Our Latest Report on NextEra Energy
NextEra Energy Price Performance
Shares of NYSE NEE opened at $81.90 on Friday. NextEra Energy, Inc. has a twelve month low of $74.41 and a twelve month high of $98.75. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.33. The firm has a 50-day moving average of $80.63 and a two-hundred day moving average of $86.20. The company has a market capitalization of $170.85 billion, a price-to-earnings ratio of 19.47, a PEG ratio of 2.43 and a beta of 0.64.
NextEra Energy (NYSE:NEE – Get Free Report) last announced 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 net margin of 40.37% and a return on equity of 12.27%. The company had revenue of $8.09 billion for the quarter, compared to analysts’ expectations of $8.47 billion. During the same quarter in the previous year, the company posted $1.13 EPS. The business’s revenue was up 1.6% compared to the same quarter last year. As a group, analysts expect that NextEra Energy, Inc. will post 4.00 earnings per share for the current fiscal year.
NextEra Energy Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Friday, November 27th will be given a $0.6232 dividend. The ex-dividend date is Friday, November 27th. This represents a $2.49 annualized dividend and a yield of 3.0%. NextEra Energy’s payout ratio is 55.96%.
NextEra Energy Company 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.
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