NextEra Energy draws institutional investors despite CEO’s stock sale
NextEra Energy has seen growing interest from major investors, despite a recent share sale by its CEO. The company’s strong dividend policy and earnings outlook continue to attract institutional buyers. Meanwhile, CEO Armando Pimentel Jr. has significantly reduced his personal stake in the firm.
Institutional investors have been increasing their positions in NextEra Energy. AlphaCore Capital raised its stake by 37.8 percent, while Boston Research & Management boosted its holdings by 2.9 percent in the second quarter. Charles Schwab Investment Management remains a major shareholder, with over 16 million shares valued at more than $1 billion.
NextEra Energy’s dividend growth and earnings forecasts continue to draw institutional investment. The CEO’s share sale has not dampened confidence among major shareholders. With a clear financial roadmap, the company remains a focus for long-term investors.
