Magellan Asset Management Ltd Grows Holdings in NextEra Energy, Inc. $NEE

Magellan Asset Management Ltd grew its position in NextEra Energy, Inc. (NYSE:NEE) by 15.9% in the first quarter, HoldingsChannel reports. The fund owned 569,640 shares of the utilities provider’s stock after acquiring an additional 78,171 shares during the quarter. Magellan Asset Management Ltd’s holdings in NextEra Energy were worth $52,908,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Anfield Capital Management LLC boosted its position in NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 270 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new stake in shares of NextEra Energy in the fourth quarter valued at approximately $25,000. Financial Life Planners purchased a new stake in shares of NextEra Energy in the first quarter valued at approximately $30,000. Wealth Watch Advisors INC raised its stake in shares of NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after buying an additional 226 shares during the period. Finally, Manning & Napier Advisors LLC lifted its position in shares of NextEra Energy by 104.9% during the 1st quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock valued at $31,000 after buying an additional 172 shares in the last quarter. 78.72% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about NextEra Energy

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

• Positive Sentiment: Several recent articles remain constructive on NextEra Energy’s long-term outlook, pointing to rising Florida electricity demand, renewable buildouts, and potential benefits from growing power needs tied to AI and data centers. NextEra Energy (NEE) And New York’s Data Center Pause Put Power Limits In Focus
• Positive Sentiment: Wall Street sentiment remains generally favorable, with one note saying NextEra Energy has a margin advantage versus Constellation Energy thanks to a higher dividend yield, stronger net margin, lower beta, and better one-year price performance. NEE vs. CEG: Which Energy Stock Offers Stronger Growth Prospects?
• Positive Sentiment: Analysts still see upside even after a price-target cut, since BMO Capital Markets reduced its target to $95 from $102 but kept an “outperform” rating. This suggests confidence in the stock’s medium-term earnings and dividend profile. Benzinga report on BMO Capital Markets target cut
• Neutral Sentiment: Commentary around NextEra Energy as a “buy” before earnings reflects a wait-and-see stance, with investors balancing growth opportunities against valuation concerns and gas-project costs. Should You Add NextEra Energy to Your Portfolio Before Q2 Earnings?
• Negative Sentiment: Multiple pieces frame NextEra Energy’s valuation as stretched, including one explicitly calling it a “valuation crossroads,” which may be weighing on the shares as investors question whether growth can keep pace with the current price. NextEra Energy (NYSE:NEE) Faces A Valuation Crossroads

NextEra Energy Stock Performance

NYSE NEE opened at $87.73 on Wednesday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The stock’s 50 day simple moving average is $87.67 and its 200-day simple moving average is $89.35. The company has a market cap of $182.95 billion, a PE ratio of 22.32, a price-to-earnings-growth ratio of 2.40 and a beta of 0.67. NextEra Energy, Inc. has a 1-year low of $69.24 and a 1-year high of $98.75.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS 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 firm 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 earned $0.99 earnings per share. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, equities research analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were issued a dividend of $0.6232 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.8%. NextEra Energy’s dividend payout ratio is presently 63.36%.

Wall Street Analyst Weigh In

NEE has been the topic of a number of research analyst reports. Sanford C. Bernstein set a $107.00 price target on shares of NextEra Energy and gave the company an “outperform” rating in a research note on Tuesday, June 16th. Barclays set a $91.00 price objective on shares of NextEra Energy and gave the stock an “equal weight” rating in a research report on Tuesday, July 7th. Wall Street Zen raised shares of NextEra Energy from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. DA Davidson lifted their target price on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Finally, Jefferies Financial Group set a $94.00 target price on shares of NextEra Energy in a research note on Tuesday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, NextEra Energy currently has a consensus rating of “Moderate Buy” and an average price target of $99.32.

About NextEra Energy

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.