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By the People, for the People
LGT Group Foundation Reduces NextEra Energy Stake
Institutional investor sells 14,702 shares of utility provider
Published on Mar. 9, 2026
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LGT Group Foundation, an institutional investor, reduced its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 0.8% during the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The foundation now owns 1,766,844 shares of the utilities provider's stock, valued at around $139 million.
Why it matters
NextEra Energy is one of the largest utility companies in the United States, focused on renewable energy generation. The reduction in LGT Group Foundation's stake, though relatively small, could signal a shift in investor sentiment towards the company or the broader utility sector.
The details
According to the 13F filing, LGT Group Foundation sold 14,702 shares of NextEra Energy during the third quarter. The foundation now owns approximately 1.8 million shares, or about 0.08% of the company's outstanding stock. NextEra Energy's shares have seen strong performance over the past year, rising nearly 20% as the company continues to invest in renewable energy projects.
- The 13F filing was submitted on March 9, 2026, covering the third quarter of 2025.
The players
LGT Group Foundation
An institutional investor and foundation that manages a diversified portfolio of investments.
NextEra Energy, Inc.
A leading clean energy company with regulated utility operations and competitive renewable generation businesses, headquartered in Juno Beach, Florida.
The takeaway
The reduction in LGT Group Foundation's stake in NextEra Energy, though small, could signal a broader shift in investor sentiment towards the utility sector as a whole. However, NextEra Energy remains a dominant player in the renewable energy space, and its long-term growth prospects continue to be strong.
