SouthState Bank Corp Increases Holdings in NextEra Energy, Inc. $NEE

SouthState Bank Corp raised its position in NextEra Energy, Inc. (NYSE:NEE) by 4.0% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 287,802 shares of the utilities provider’s stock after purchasing an additional 11,082 shares during the period. NextEra Energy comprises approximately 1.2% of SouthState Bank Corp’s portfolio, making the stock its 17th biggest holding. SouthState Bank Corp’s holdings in NextEra Energy were worth $26,731,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of NextEra Energy by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock valued at $17,343,185,000 after acquiring an additional 2,234,176 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of NextEra Energy by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock worth $3,781,790,000 after acquiring an additional 966,152 shares during the last quarter. Norges Bank purchased a new stake in shares of NextEra Energy during the 4th quarter valued at $2,816,327,000. Price T Rowe Associates Inc. MD grew its position in NextEra Energy by 6.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 18,365,788 shares of the utilities provider’s stock valued at $1,474,407,000 after acquiring an additional 1,136,074 shares during the period. Finally, Deutsche Bank AG grew its holdings in shares of NextEra Energy by 2.9% during the 4th quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock worth $1,387,347,000 after purchasing an additional 485,854 shares during the period. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy News Summary

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

• Positive Sentiment: Zacks highlighted NextEra Energy’s recent outperformance versus the broader market, likely reflecting investor confidence in the utility’s earnings resilience and defensive profile. NextEra Energy (NEE) Laps the Stock Market: Here’s Why
• Positive Sentiment: Analysts continue to view NextEra as positioned to benefit from surging power demand tied to AI and data centers, which could support long-term utility growth and investment in grid expansion.
• Positive Sentiment: Recent coverage also noted that NextEra has a history of beating earnings estimates, reinforcing expectations for steady execution when it reports results. Will NextEra (NEE) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Bank of America trimmed its price target on NextEra Energy to $93 from $95 while keeping a neutral rating, which signals continued caution but still implies limited upside from recent trading levels.
• Neutral Sentiment: Several articles discussed broader utility-sector themes, including renewable investment, nuclear restarts, and ETF stability, but they did not provide company-specific catalysts for NEE.
• Negative Sentiment: Rising power bills, grid strain, and unpaid utility bills tied to AI-driven electricity demand could pressure the utility sector overall, even if they also create growth opportunities for well-positioned utilities like NextEra. The AI-Driven Rise in Power Bills Are Causing a $25 Billion Problem for Utility Stocks

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on NEE. DA Davidson upped their target price on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Sanford C. Bernstein set a $107.00 target price on NextEra Energy and gave the stock an “outperform” rating in a research report on Tuesday, June 16th. Wells Fargo & Company set a $102.00 price objective on shares of NextEra Energy and gave the company an “overweight” rating in a research report on Friday, April 24th. Evercore restated an “outperform” rating and set a $107.00 price objective on shares of NextEra Energy in a research note on Monday, May 4th. Finally, Mizuho raised their price target on shares of NextEra Energy from $90.00 to $95.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $99.64.

NextEra Energy Stock Up 1.4%

NYSE NEE opened at $89.58 on Wednesday. The company has a market capitalization of $186.80 billion, a P/E ratio of 22.79, a PEG ratio of 2.59 and a beta of 0.67. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. The company’s 50 day simple moving average is $88.24 and its 200 day simple moving average is $89.06. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44.

NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, topping the consensus estimate 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 analyst estimates of $7.43 billion. During the same period last year, the company posted $0.99 EPS. The company’s revenue 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. Equities research analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were given a $0.6232 dividend. This represents a $2.49 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Friday, June 5th. NextEra Energy’s dividend payout ratio is 63.36%.

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.