NextEra Energy (NEE) – Among the Best Utility Stocks to Invest in According to Hedge Funds

Core Insights - NextEra Energy, Inc. (NYSE:NEE) is recognized as one of the best utility stocks to invest in according to hedge funds, with a market capitalization exceeding $168 billion, making it the most valuable utility company globally [2] Financial Performance and Guidance - The company has raised its 2025 adjusted earnings guidance to a range of $3.62-$3.70 per share, up from a previous range of $3.45-$3.70, and updated its 2026 adjusted EPS guidance to $3.92-$4.02 from $3.63-$4.00, targeting long-term adjusted EPS growth of at least 8% through 2035 [4] - NextEra Energy's CEO announced plans to build 15 GW of new power generation for data center hubs by 2035, driven by increasing power demand from data centers [4] Dividend Policy - The company has a strong history of dividend growth and reaffirmed its target to increase dividends per share by approximately 10% annually through 2026, starting from a 2024 base, followed by an expected growth of around 6% annually in 2027 and 2028 [5] Analyst Ratings - UBS analyst William Appicelli reduced the price target for NextEra Energy from $94 to $91 while maintaining a 'Buy' rating, while Morgan Stanley lowered its target from $97 to $95 but kept an Overweight rating [3]