Principal Financial Group Inc. cut its stake in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 1.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,110,078 shares of the utilities provider’s stock after selling 95,142 shares during the period. Principal Financial Group Inc.’s holdings in NextEra Energy were worth $385,763,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Norges Bank bought a new stake in shares of NextEra Energy in the 2nd quarter worth about $2,375,545,000. Vanguard Group Inc. increased its position in shares of NextEra Energy by 2.7% during the 2nd quarter. Vanguard Group Inc. now owns 212,877,021 shares of the utilities provider’s stock worth $14,777,923,000 after purchasing an additional 5,554,603 shares in the last quarter. Assenagon Asset Management S.A. increased its position in shares of NextEra Energy by 1,765.3% during the 3rd quarter. Assenagon Asset Management S.A. now owns 3,968,305 shares of the utilities provider’s stock worth $299,567,000 after purchasing an additional 3,755,563 shares in the last quarter. Schroder Investment Management Group lifted its holdings in NextEra Energy by 18.7% during the 2nd quarter. Schroder Investment Management Group now owns 10,796,329 shares of the utilities provider’s stock valued at $749,481,000 after purchasing an additional 1,701,648 shares during the last quarter. Finally, Adage Capital Partners GP L.L.C. boosted its position in NextEra Energy by 181.9% in the second quarter. Adage Capital Partners GP L.L.C. now owns 2,185,513 shares of the utilities provider’s stock valued at $151,718,000 after buying an additional 1,410,200 shares in the last quarter. Institutional investors own 78.72% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on NEE. JPMorgan Chase & Co. raised their price objective on shares of NextEra Energy from $94.00 to $97.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Barclays increased their price target on NextEra Energy from $84.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 15th. UBS Group set a $91.00 price objective on NextEra Energy and gave the company a “buy” rating in a research report on Wednesday, December 17th. BTIG Research restated a “buy” rating and set a $103.00 target price on shares of NextEra Energy in a report on Wednesday. Finally, BMO Capital Markets set a $95.00 target price on NextEra Energy in a research note on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, NextEra Energy presently has a consensus rating of “Moderate Buy” and an average price target of $92.95.
Insider Buying and Selling
In other NextEra Energy news, CEO Armando Pimentel, Jr. sold 145,140 shares of NextEra Energy stock in a transaction on Monday, November 17th. The shares were sold at an average price of $83.91, for a total transaction of $12,178,697.40. Following the completion of the sale, the chief executive officer owned 162,693 shares of the company’s stock, valued at approximately $13,651,569.63. The trade was a 47.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Ronald R. Reagan sold 10,826 shares of the company’s stock in a transaction on Thursday, January 22nd. The shares were sold at an average price of $85.00, for a total transaction of $920,210.00. Following the sale, the executive vice president owned 15,643 shares of the company’s stock, valued at $1,329,655. The trade was a 40.90% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.20% of the stock is currently owned by company insiders.
NextEra Energy News Roundup
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: Evercore ISI reaffirmed its Buy rating on NEE, supporting investor confidence in management’s growth plan and long‑term outlook. Evercore ISI Reaffirms Their Buy Rating on NextEra Energy (NEE)
- Positive Sentiment: BMO Capital Markets raised its price target for NEE to $93, signaling continued analyst support that can buoy the stock as investors chase growth names. BMO Capital Markets Increases NextEra Energy Price Target
- Positive Sentiment: Coverage highlights a meaningful new revenue driver: NextEra is actively courting data‑center operators by combining nuclear, renewables and grid buildouts — a large‑load market that could boost long‑term contracted demand. NextEra Energy Courts Data Center Giants With Nuclear And Grid Buildout
- Positive Sentiment: Multiple bullish writeups (The Motley Fool, Seeking Alpha) spotlight NextEra’s combination of growth and yield (the “chowder” metric), reinforcing the narrative that the company can deliver durable cash returns to shareholders. NextEra Energy: Don’t Miss This Massive 13% Chowder Number
- Neutral Sentiment: Market coverage notes NEE is trading near 52‑week highs and at a premium multiple; some analysts argue the premium is justified by the growth runway, while others flag lower margin for error. NextEra Energy: Priced for Perfection, or Justified Premium?
- Neutral Sentiment: Coverage points to mixed analyst views overall — several firms remain bullish but opinions vary on timing and valuation, creating short‑term trading friction. Analysts Have Conflicting Sentiments on These Utilities Companies
- Negative Sentiment: Operationally, Q4 showed a small EPS beat but a notable revenue miss versus expectations — a near‑term top‑line concern that can cap upside until growth visibility improves. (Investors are focused on whether data‑center contracts and the development backlog translate quickly into booked revenue.)
NextEra Energy Price Performance
Shares of NEE stock opened at $87.88 on Friday. The firm has a market cap of $183.02 billion, a price-to-earnings ratio of 26.71, a PEG ratio of 2.73 and a beta of 0.74. NextEra Energy, Inc. has a 12 month low of $61.72 and a 12 month high of $89.19. The company has a quick ratio of 0.45, a current ratio of 0.60 and a debt-to-equity ratio of 1.35. The stock has a 50-day moving average price of $82.53 and a 200 day moving average price of $79.05.
NextEra Energy (NYSE:NEE – Get Free Report) last issued its earnings results on Tuesday, January 27th. The utilities provider reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.01. NextEra Energy had a net margin of 24.93% and a return on equity of 12.18%. The company had revenue of $6.56 billion for the quarter, compared to analyst estimates of $7.07 billion. During the same quarter last year, the firm earned $0.53 EPS. The company’s revenue for the quarter was up 20.7% on a year-over-year basis. Research analysts expect that NextEra Energy, Inc. will post 3.68 EPS for the current year.
NextEra Energy 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.
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