NextEra Energy, Inc. $NEE Stake Boosted by State of New Jersey Common Pension Fund D

NodeGuardian · 2026-02-25T12:35:48+00:00

New Jersey's Common Pension Fund D increased its NextEra Energy stake by 3.1%, totaling 720,871 shares worth $54.42 million. Despite insider selling, analyst ratings remain positive, with a "Moderate Buy" consensus and a target of $92.95.

NodeGuardian

2026-02-25 12:35:48

Abstract generation in progress

The State of New Jersey Common Pension Fund D increased its stake in NextEra Energy, Inc. (NEE) by 3.1% in the third quarter of last year, acquiring an additional 21,616 shares to reach a total of 720,871 shares valued at approximately $54.42 million. This move comes as NextEra Energy reported Q3 earnings that surpassed analyst expectations with $0.54 EPS, although revenue slightly missed estimates. Despite recent insider selling, institutional investors and hedge funds collectively own 78.72% of the company’s stock, with analysts maintaining a “Moderate Buy” consensus rating and an average price target of $92.95.

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