Canandaigua National Trust Co of Florida Makes New Investment in NextEra Energy, Inc. $NEE

Canandaigua National Trust Co of Florida bought a new stake in NextEra Energy, Inc. (NYSE:NEE) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 7,897 shares of the utilities provider’s stock, valued at approximately $598,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Deutsche Bank AG grew its stake in NextEra Energy by 2.9% during the 4th quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock valued at $1,387,347,000 after purchasing an additional 485,854 shares during the last quarter. Legal & General Group Plc purchased a new position in shares of NextEra Energy in the second quarter worth about $1,465,987,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of NextEra Energy by 5.8% in 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 worth $1,430,834,000 after purchasing an additional 895,824 shares during the last quarter. Amundi lifted its holdings in shares of NextEra Energy by 46.5% during the second quarter. Amundi now owns 13,329,077 shares of the utilities provider’s stock worth $1,169,839,000 after purchasing an additional 4,231,814 shares during the period. Finally, Bessemer Group Inc. lifted its holdings in shares of NextEra Energy by 8.5% during the first quarter. Bessemer Group Inc. now owns 10,187,013 shares of the utilities provider’s stock worth $946,169,000 after purchasing an additional 799,546 shares during the period. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Performance

NEE stock traded down $0.81 during trading on Wednesday, hitting $77.07. 10,602,677 shares of the company traded hands, compared to its average volume of 10,815,638. NextEra Energy, Inc. has a 1 year low of $74.41 and a 1 year high of $98.75. The company has a market cap of $160.77 billion, a PE ratio of 17.32, a P/E/G ratio of 2.36 and a beta of 0.64. The stock’s 50-day simple moving average is $82.47 and its 200 day simple moving average is $87.32. 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 released its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping the consensus estimate of $1.11 by $0.04. The business had revenue of $7.53 billion for the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The business’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, equities analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, August 28th were given a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a yield of 3.2%. The ex-dividend date was Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.

NextEra Energy News Summary

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

• Positive Sentiment: NextEra and its partners were selected to develop Project Star, a proposed energy campus in Texas exceeding $22 billion and featuring approximately 6.47 gigawatts of generation capacity. If completed, the project could support significant long-term growth in NextEra’s generation and infrastructure business, although its financial contribution and timeline remain unclear. NextEra Just Landed a $22 Billion Project
• Neutral Sentiment: NextEra scheduled its third-quarter 2026 results for before the market opens on October 21. Analysts reportedly expect a single-digit increase in earnings, so the release could become the next major catalyst for the shares. Investors will focus on earnings, revenue, renewable development and updated guidance. NextEra Energy Announces Third-Quarter Results Date
• Negative Sentiment: Virginia Lieutenant Governor Hashmi announced opposition to the proposed NextEra-Dominion merger as public hearings begin. Although the opposition does not determine the final regulatory outcome, it adds political and approval risk to the transaction. NextEra said it respectfully disagrees with the decision. Virginia Lieutenant Governor Opposes NextEra-Dominion Merger
• Negative Sentiment: Mizuho lowered its NextEra price target from $95 to $80 and kept a neutral rating, citing limited upside from the current level. The cut reinforces concerns about valuation and near-term catalysts. NextEra Energy Price Target Lowered at Mizuho
• Negative Sentiment: NextEra disclosed a proposed settlement of shareholder derivative actions that is subject to court review. The legal process creates ongoing uncertainty and could result in additional costs or governance scrutiny. Proposed Settlement of Derivative Actions

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Mizuho cut their price target on shares of NextEra Energy from $95.00 to $80.00 and set a “neutral” rating on the stock in a report on Tuesday. Scotiabank decreased their price objective on shares of NextEra Energy from $110.00 to $99.00 and set an “outperform” rating for the company in a research note on Wednesday, September 30th. HC Wainwright reaffirmed a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. Bank of America cut their price objective on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a research note on Monday, July 13th. Finally, Erste Group Bank cut shares of NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. Eighteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $98.95.

NextEra Energy Profile

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.