NextEra Energy Trims Stake in Utility Provider

Faithward Advisors LLC sells 36,146 shares of NextEra Energy, Inc.

Mar. 18, 2026 at 10:35am

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Faithward Advisors LLC, an institutional investor, has trimmed its stake in NextEra Energy, Inc. (NYSE:NEE) by 70.1% in the third quarter, according to a recent SEC filing. The firm now owns 15,453 shares of the utilities provider's stock, down from 51,599 shares previously.

Why it matters

NextEra Energy is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company's performance and growth outlook have been closely watched by investors, making changes to major institutional holdings noteworthy.

The details

According to the SEC filing, Faithward Advisors LLC sold 36,146 shares of NextEra Energy during the third quarter, reducing its position in the company by 70.1%. The firm now holds 15,453 shares of the utilities provider's stock, which were valued at $1,167,000 at the end of the reporting period.

  • Faithward Advisors LLC trimmed its stake in the third quarter of the year.

The players

Faithward Advisors LLC

An institutional investor that has reduced its position in NextEra Energy, Inc.

NextEra Energy, Inc.

A leading clean energy company with regulated utility operations and competitive renewable generation businesses.

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The takeaway

The reduction in Faithward Advisors' stake in NextEra Energy is noteworthy, as the company is a closely watched player in the clean energy and utility sectors. However, the filing does not provide insight into the firm's specific reasons for trimming its position, so the broader implications for NextEra Energy's outlook remain unclear.