Eastern Bank Trims NextEra Energy Stake

The bank reduced its holdings in the utility company by 2.8% during the fourth quarter.

Mar. 29, 2026 at 8:18am

Eastern Bank, a major institutional investor, reduced its stake in NextEra Energy, Inc. (NYSE: NEE) by 2.8% during the fourth quarter of 2025, according to a recent SEC filing. The bank now owns 809,461 shares of the utilities provider's stock, valued at $64.98 million.

Why it matters

NextEra Energy is one of the largest clean energy companies in the United States, with both regulated utility operations and a large portfolio of renewable generation assets. Institutional investor activity in the stock can provide insights into broader market sentiment around the company and the renewable energy sector.

The details

In its 13F filing, Eastern Bank reported selling 23,624 shares of NextEra Energy during the fourth quarter. The bank's total holdings in the company now represent approximately 1.1% of its investment portfolio. NextEra Energy's stock price has risen steadily over the past year as the company has continued to expand its renewable energy footprint and make progress on its decarbonization goals.

  • The share sale occurred during the fourth quarter of 2025.
  • Eastern Bank's 13F filing detailing the transaction was published on March 29, 2026.

The players

Eastern Bank

A major institutional investor and asset management firm based in Boston, Massachusetts.

NextEra Energy, Inc.

A leading clean energy company that operates regulated electric utilities and a large portfolio of renewable generation assets.

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What they’re saying

“NextEra Energy continues to be an attractive investment for institutional investors as the company makes progress on its renewable energy goals and expands its clean energy footprint.”

— Analyst

The takeaway

This transaction highlights the ongoing interest and investment in the renewable energy sector, as major institutions like Eastern Bank continue to adjust their portfolios to capitalize on the growth and long-term potential of companies like NextEra Energy.