And when looking at the top 10 equity holdings, most of them have struggled in 2023, most recently NextEra Energy () which has lost more than -31% YTD.

Source: https://seekingalpha.com/article/4638310-ztr-time-to-cut-bait-and-go-fishing-elsewhere?source=feed_all_articles

As a group, sell-side analysts expect that NextEra Energy, Inc. will post 3.11 EPS for the current year.

Source: https://www.etfdailynews.com/2023/09/03/nextera-energy-inc-nysenee-stake-decreased-by-cyrus-j-lawrence-llc/

Bank Julius Baer & Co. Ltd Zurich increased its holdings in NextEra Energy by 97,599.1% in the 2nd quarter.

Source: https://www.etfdailynews.com/2023/10/04/annex-advisory-services-llc-raises-holdings-in-nextera-energy-inc-nysenee/

Centurion Wealth Management LLC Purchases New Shares in NextEra Energy, Inc.

Source: https://www.americanbankingnews.com/2023/06/16/4043-shares-in-nextera-energy-inc-nysenee-acquired-by-callan-family-office-llc.html

Finally, Guggenheim reduced their price target on shares of NextEra Energy from $96.00 to $92.00 in a report on Monday, April 24th.

Source: https://www.americanbankingnews.com/2023/07/01/carmel-capital-partners-llc-invests-195000-in-nextera-energy-inc-nysenee.html

Guggenheim reduced their price target on shares of NextEra Energy from $92.00 to $86.00 in a research report on Friday, July 7th.

Source: https://www.americanbankingnews.com/2023/08/29/colonial-trust-co-sc-has-520000-stock-position-in-nextera-energy-inc-nysenee.html

In related news, EVP sold 21,231 shares of NextEra Energy stock in a transaction that occurred on Friday, December 9th.

Source: https://www.americanbankingnews.com/2023/01/23/amg-national-trust-bank-purchases-7170-shares-of-nextera-energy-inc-nysenee.html

Morgan Stanley cut their price target on shares of NextEra Energy from $79.00 to $76.00 and set an “overweight” rating for the company in a report on Tuesday, November 21st.

Source: https://www.etfdailynews.com/2023/12/29/solidarity-wealth-llc-has-3-46-million-position-in-nextera-energy-inc-nysenee/

Morgan Stanley decreased their price target on NextEra Energy Partners from $88.00 to $86.00 and set an “equal weight” rating for the company in a research report on Monday, January 23rd.

Source: https://www.etfdailynews.com/2023/02/25/14959-shares-in-nextera-energy-partners-lp-nysenep-bought-by-exoduspoint-capital-management-lp/

Morgan Stanley increased their target price on NextEra Energy from $94.00 to $96.00 and gave the company an “overweight” rating in a report on Thursday, April 20th.

Source: https://www.americanbankingnews.com/2023/04/25/eagle-strategies-llc-lowers-stock-holdings-in-nextera-energy-inc-nysenee.html

NextEra energy began as Florida Power and Light Company in the early 20 century, and eventually reformed into NextEra Energy in 2010.

Source: https://seekingalpha.com/article/4609870-nextera-energy-a-long-term-hold-until-it-fully-commits-to-renewables?source=feed_all_articles

NextEra energy began as Florida Power and Light Company in the early 20 century, and eventually reformed into NextEra Energy in 2010.

Source: https://seekingalpha.com/article/4609870-nextera-energy-a-long-term-hold-until-it-fully-commits-to-renewables?source=feed_all_articles

NextEra Energy had a net margin of 27.82% and a return on equity of 12.15%.

Source: https://www.etfdailynews.com/2023/11/02/kayne-anderson-capital-advisors-lp-cuts-stock-position-in-nextera-energy-inc-nysenee/

NextEra Energy Partners continues to rapidly grow its revenues, selling of renewable energy last year.

Source: https://investorplace.com/2023/02/7-green-stocks-to-buy-for-a-more-sustainable-future/

NextEra Energy Partners had a net margin of 39.39% and a return on equity of 4.00%.

Source: https://www.etfdailynews.com/2023/02/03/creative-planning-boosts-stake-in-nextera-energy-partners-lp-nysenep/

"NextEra Energy Partners is revising its long-term growth rate expectations for limited partner distributions to increase its flexibility as it continues to execute on its growth opportunities," said John Ketchum, chairman and chief executive officer.

Source: https://seekingalpha.com/article/4642341-the-death-of-renewables-september-dividend-income-report?source=feed_all_articles

NextEra has also donated funds to local schools to provide resources to enhance STEM education.

Source: https://www.americanpress.com/2023/03/21/harvesting-the-power-of-the-sun-new-2000-acre-solar-farm-in-beauregard-to-begin-at-end-of-2023/

NextEra is the world’s largest generator of energy from the wind and sun.

Source: https://investorplace.com/2023/08/sell-alert-3-utilities-stocks-to-dump-asap/

NextEra was recently embroiled in scandal after its Florida subsidiary was spending millions to fund “ghost candidates” trying to siphon votes away from Democratic candidates, aiding in the utility’s push to weaken solar programs in the Sunshine State.

Source: https://digboston.com/as-prices-soar-fossil-fuel-industry-looks-after-its-interests-on-beacon-hill/

Notwithstanding growth capacity and positive profitability outlook, NextEra Energy is facing some risks that can adversely affect its financial conditions.

Source: https://seekingalpha.com/article/4627986-nextera-energy-stock-promising-dividend-yield-strong-financials-bring-bright-future?source=feed_all_articles