Wed Sep 25 09:05:37 UTC 2024: ## NextEra Energy Sees Mixed Activity from Institutional Investors

**Fort Lauderdale, FL – September 25, 2024** – NextEra Energy, Inc. (NYSE: NEE) has been attracting attention from institutional investors, with some reducing their holdings while others increase their positions.

Kayne Anderson Rudnick Investment Management LLC notably decreased its stake in the utilities provider by 34.9% during the second quarter, selling 269 shares. However, several other institutions took a different approach. Proffitt & Goodson Inc. raised its holdings by 64.0%, acquiring 144 shares. Clear Investment Research LLC also significantly increased its position, boosting it by 387.2%.

American Capital Advisory LLC and Valley Wealth Managers Inc. joined the group of buyers, adding new positions to their portfolios. Neo Ivy Capital Management also purchased a new stake in NextEra Energy during the fourth quarter.

Overall, institutional investors now own 78.72% of the company’s stock.

NextEra Energy’s stock opened at $84.30 on Wednesday, with a 52-week low of $47.15 and a 52-week high of $85.56. The company’s dividend payout ratio is 56.13%, and it recently paid a quarterly dividend of $0.515 per share.

Analysts remain optimistic about NextEra Energy’s prospects. Barclays lifted its price objective to $76.00, while Royal Bank of Canada raised theirs to $84.00. Evercore ISI and Scotiabank also increased their target prices. Jefferies Financial Group initiated coverage with a “hold” rating and an $87.00 price target.

In other news, EVP Nicole J. Daggs sold 658 shares of NextEra Energy stock, worth approximately $50,646.26, on August 1st.

NextEra Energy generates and distributes electricity to retail and wholesale customers across North America, utilizing wind, solar, nuclear, and other clean energy sources. The company also invests in clean energy solutions such as renewable generation facilities and electric transmission facilities.

For more information on NextEra Energy and its institutional investors, visit HoldingsChannel.com.

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