DAVENPORT 13F: Cuts NextEra Energy (NEE) Stake by $26M

In a Form 13F filing on October 14, 2026, Davenport disclosed that it cut its investment in NextEra Energy, Inc. (NYSE: NEE). This regulatory report reflects holdings as of the end of the reporting period and may not represent the investor's current position today.

Inside Davenport's NextEra Energy Trade

Davenport lowered its stake by 17.5%, selling off 341,087 shares during the quarter. The firm wrapped up the period with 1,607,819 shares of the utility company, which had a reported value of $121,838,422. This followed a previous position of 1,948,906 shares.

Other Institutional Activity in NextEra Energy

Blackrock Inc. grew its holdings by 8,011,450 shares, ending with 186,838,459 shares worth about $14,909,709,598. Vanguard Capital Management LLC grew its holdings by 825,849 shares, ending with 136,210,944 shares worth about $10,869,633,746. State Street Corporation reduced its holdings by 718,025 shares, ending with 118,952,736 shares worth about $9,492,428,695. JPMORGAN CHASE & CO grew its holdings by 4,065,011 shares, ending with 116,048,771 shares worth about $9,260,692,279. Morgan Stanley reduced its holdings by 1,236,740 shares, ending with 63,514,030 shares worth about $5,068,419,787.

NextEra Energy, Inc. Stock Up 1.8%

NextEra Energy shares recently traded around $79.78, sitting below both its 50-day and 200-day moving averages. The stock rests below its 52-week high of $98.75 while holding above its 52-week low of $74.41.

Recent Earnings

NextEra Energy posted trailing twelve-month revenue of $28,700,000,256 with earnings of $4.45 per share. The company reported a net profit margin of 32.4% and a return on equity of 11.7%. Investors are awaiting the company's next financial update, which is scheduled for October 21, 2026.

Dividend

The company offers a dividend yield of 3.16% backed by a payout ratio of 53.5%.

Insider Buying and Selling at NextEra Energy, Inc.

Company insiders executed several sales earlier in the year. Terrell Kirk Crews II sold 19,672 shares on March 9, 2026, at an average price of $90.27 for a total of $1,775,791. James Michael May sold 7,161 shares on March 9, 2026, at $90.27 per share worth $646,423. Mark Lemasney sold 3,845 shares on March 9, 2026, at $90.27 for $347,088. Nicole J Daggs sold 4,934 shares on March 13, 2026, at $93.00 for a total value of $458,862.

Analysts Set New Price Targets

Morgan Stanley maintained an Overweight rating on August 21, 2026, with a target of $114.00. Morgan Stanley maintained an Overweight rating on September 18, 2026, lowering its target to $111.00. Seaport Global maintained a Sell rating on October 2, 2026, raising its target to $56.00. Mizuho maintained a Neutral rating on October 6, 2026, reducing its target to $80.00. Morgan Stanley maintained an Overweight rating on October 14, 2026, with a target of $110.00. Across 19 analyst opinions, the stock holds a consensus buy rating with a mean target price of $97.00.

About NextEra Energy, Inc.

Based in Juno Beach, Florida, NextEra Energy generates and distributes electric power across North America through regulated utilities and clean energy operations. The company produces electricity utilizing wind, solar, nuclear, and natural gas resources.

Bottom Line

Institutional reports like this one show past positioning and can shift as market conditions change. Investors will look toward the upcoming earnings release on October 21, 2026, for fresh details on the utility provider's financial health. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.