5 Biggest Green Energy Companies in the World

1. NextEra Energy, Inc. (NYSE:NEE)

Market Cap: $160.55 Billion

Number of Hedge Fund Holders: 55

NextEra Energy, Inc. (NYSE:NEE) generates, transmits, distributes, and sells electric power to retail and wholesale customers in North America. The company generates electricity through wind, solar, nuclear, coal, and natural gas facilities. On March 7, 2022, KeyBanc analyst Sophie Karp upgraded NextEra Energy, Inc. (NYSE:NEE) to Overweight from Sector Weight and gave the stock an $87 price target.

This January, NextEra Energy, Inc. (NYSE:NEE) reported earnings for the fiscal fourth quarter of 2021. The company reported earnings per share of $0.41, beating estimates by $0.01. The company’s revenue for the quarter came to $5.05 billion, up 14.81% year over year from $4.40 billion. As of March 23, 2022, NextEra Energy, Inc. (NYSE:NEE) is worth $160.55 billion and has gained 13.37% over the past twelve months.

Fisher Asset Management is the most prominent shareholder in NextEra Energy, Inc. (NYSE:NEE) as of March 22, 2022, having stakes worth $1.407 billion in the company. The investment covers 0.78% of Fisher Asset Management’s fourth-quarter 2021 investment portfolio.

In total, 55 hedge funds were bullish on NextEra Energy, Inc. (NYSE:NEE) by the close of the fourth quarter of 2021, having stakes worth $2.61 billion in the company. This is compared to $2.37 billion in the preceding quarter, with 53 positions.

You can also take a look at 10 Best Renewable Energy Stocks to Buy Now and 9 Best Hydrogen Fuel Cell Stocks To Buy.

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