California Public Employees Retirement System Trims Position in NextEra Energy, Inc. $NEE

15 Mar 2026, 08:22 by Scott Moore · The Cerbat Gem

California Public Employees Retirement System decreased its stake in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 32.4% in the third quarter, HoldingsChannel reports. The institutional investor owned 4,860,593 shares of the utilities provider’s stock after selling 2,328,061 shares during the period. California Public Employees Retirement System’s holdings in NextEra Energy were worth $366,926,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of NextEra Energy by 0.4% during the third quarter. Vanguard Group Inc. now owns 213,799,521 shares of the utilities provider’s stock worth $16,139,726,000 after acquiring an additional 922,500 shares during the period. Norges Bank bought a new stake in shares of NextEra Energy during the second quarter valued at approximately $2,375,545,000. Legal & General Group Plc boosted its holdings in shares of NextEra Energy by 2.3% in the third quarter. Legal & General Group Plc now owns 16,787,191 shares of the utilities provider’s stock valued at $1,267,265,000 after purchasing an additional 373,088 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of NextEra Energy by 2.1% in the second quarter. Charles Schwab Investment Management Inc. now owns 16,786,728 shares of the utilities provider’s stock valued at $1,165,896,000 after purchasing an additional 340,315 shares during the period. Finally, Amundi grew its stake in NextEra Energy by 16.7% in the third quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock worth $1,012,129,000 after purchasing an additional 1,780,881 shares in the last quarter. 78.72% of the stock is owned by hedge funds and other institutional investors.

NextEra Energy Trading Up 1.2%

Shares of NYSE:NEE opened at $92.81 on Friday. The company has a market capitalization of $193.38 billion, a PE ratio of 28.21 and a beta of 0.76. The company has a current ratio of 0.60, a quick ratio of 0.49 and a debt-to-equity ratio of 1.35. NextEra Energy, Inc. has a 12-month low of $61.72 and a 12-month high of $95.91. The business’s fifty day simple moving average is $88.42 and its 200-day simple moving average is $82.89.

NextEra Energy (NYSE:NEE – Get Free Report) last issued its quarterly earnings data on Tuesday, January 27th. The utilities provider reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.01. NextEra Energy had a return on equity of 12.18% and a net margin of 24.93%.The firm had revenue of $6.50 billion during the quarter, compared to analysts’ expectations of $7.07 billion. During the same period in the prior year, the business posted $0.53 EPS. The firm’s quarterly revenue was up 20.7% on a year-over-year basis. As a group, equities research analysts predict that NextEra Energy, Inc. will post 3.68 earnings per share for the current fiscal year.

NextEra Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Friday, February 27th will be issued a $0.6232 dividend. The ex-dividend date is Friday, February 27th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.7%. This is an increase from NextEra Energy’s previous quarterly dividend of $0.57. NextEra Energy’s dividend payout ratio (DPR) is 75.68%.

Analysts Set New Price Targets

Several research analysts have commented on the company. The Goldman Sachs Group raised their price objective on NextEra Energy from $94.00 to $98.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Weiss Ratings downgraded NextEra Energy from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, February 17th. Morgan Stanley restated an “overweight” rating and set a $106.00 price target on shares of NextEra Energy in a research note on Friday, February 20th. Wall Street Zen upgraded NextEra Energy from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Seaport Research Partners lowered their price objective on shares of NextEra Energy from $56.00 to $55.00 and set a “sell” rating for the company in a research note on Monday, February 2nd. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, NextEra Energy currently has an average rating of “Moderate Buy” and an average price target of $94.16.

Get Our Latest Report on NEE

Insiders Place Their Bets

In other news, EVP Terrell Kirk Crews II sold 19,672 shares of NextEra Energy stock in a transaction that occurred on Monday, March 9th. The shares were sold at an average price of $90.27, for a total value of $1,775,791.44. Following the transaction, the executive vice president owned 73,857 shares of the company’s stock, valued at $6,667,071.39. The trade was a 21.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Charles E. Sieving sold 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $90.00, for a total transaction of $2,700,000.00. Following the transaction, the executive vice president owned 167,481 shares of the company’s stock, valued at approximately $15,073,290. This trade represents a 15.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 185,882 shares of company stock worth $16,616,757. Insiders own 0.20% of the company’s stock.

NextEra Energy Profile

(Free Report)

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.