Annex Advisory Services 13F: Cuts NEE Stake by $50M

Annex Advisory Services reported a significant reduction in its holdings of NextEra Energy, Inc. (NYSE: NEE) in a filing on October 16, 2026. The firm cut its position by 665,542 shares, leaving it with 45,467 shares valued at approximately $3.44 million. This represents a 93.6% decrease from its previous holdings of 711,009 shares.

Other Institutional Activity in NextEra Energy

BlackRock Inc. increased its stake in NextEra Energy, adding 8,011,450 shares to hold a total of 186,838,459 shares worth about $14.91 billion. Vanguard Capital Management LLC also boosted its holdings, adding 825,849 shares for a total of 136,210,944 shares valued at around $10.87 billion. Meanwhile, State Street Corporation reduced its position by 718,025 shares, decreasing its total to 118,952,736 shares worth about $9.49 billion. JPMorgan Chase & Co. increased its holdings by 4,065,011 shares, bringing its total to 116,048,771 shares valued at approximately $9.26 billion. Morgan Stanley trimmed its stake by 1,236,740 shares, ending with 63,514,030 shares worth about $5.07 billion.

NextEra Energy, Inc. Stock Up 1.8%

As of October 16, 2026, NextEra Energy’s stock was recently trading around $79.78, which is below its 50-day moving average of $81.25 and its 200-day average of $87.29. The shares are also 19.2% below their 52-week high of $98.75, but they are 7.2% above the 52-week low of $74.41. The stock's performance may have influenced Annex Advisory's decision to cut its stake.

Recent Earnings

NextEra Energy reported trailing twelve-month revenue of approximately $28.7 billion and an earnings per share (EPS) of $4.45. The company has shown a year-over-year revenue growth of 12.4%. It is scheduled to announce its next earnings on October 21, 2026.

Insider Buying and Selling at NextEra Energy, Inc.

Several insiders at NextEra Energy sold shares earlier this year. On March 9, 2026, Officer Terrell Kirk Crews II sold 19,672 shares at an average price of $90.27, totaling about $1.78 million. Other officers, including James Michael May and Mark Lemasney, also sold shares on the same day. Nicole J. Daggs sold 4,934 shares on March 13, 2026, for about $458,862 at a price of $93.00.

Analysts Set New Price Targets

On October 14, 2026, Morgan Stanley maintained an Overweight rating on NextEra Energy with a price target of $110. This was a slight decrease from the previous target of $111. Earlier, on October 6, Mizuho maintained a Neutral rating but lowered its target to $80 from $95. The consensus among analysts, based on 19 opinions, suggests a mean price target of $97.0 with a recommendation to buy.

About NextEra Energy

NextEra Energy, Inc. is a leading clean energy company that generates electricity from various sources, including wind, solar, and nuclear power. It operates primarily through its subsidiaries, Florida Power & Light Company and NextEra Energy Resources. The company is focused on sustainable energy solutions and is one of the largest producers of renewable energy in North America.

Bottom Line

NextEra Energy's stock has had some challenges recently, and its next earnings report is coming up on October 21, 2026. The latest filing reflects Annex Advisory's reduced position and may not represent their current holdings. Investors will be watching closely for any further developments in the company’s performance and stock activity.