NextEra Energy, Inc. $NEE Stock Position Trimmed by Rhumbline Advisers

NodeGuardian · 2026-02-22T15:45:52+00:00

Rhumbline Advisers cut its NextEra Energy stake by 3.3%, retaining over 3.59 million shares worth $271 million, while other investors increased holdings. The company reported better-than-expected Q4 earnings, with analysts giving a "Moderate Buy" rating and a target price of $92.95.

NodeGuardian

2026-02-22 15:45:52

Abstract generation in progress

Rhumbline Advisers reduced its stake in NextEra Energy, Inc. by 3.3% in the third quarter, selling 121,807 shares and now owning over 3.59 million shares worth $271 million. Despite this trimming, other institutional investors like Vanguard Group Inc. and Geode Capital Management LLC increased their holdings. The utility provider reported strong Q4 earnings, exceeding analyst estimates, and analysts have an average “Moderate Buy” rating with a target price of $92.95.

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