5 Most Undervalued Dividend Stocks To Buy According To Analysts

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

Number of Hedge Fund Holders: 59

Average Analyst Price Estimate: $75

NextEra Energy, Inc. (NYSE:NEE) ranks 1st in our list of the most undervalued dividend stocks to buy according to analysts. Morgan Stanley recently met with NextEra Energy, Inc. (NYSE:NEE) management and reiterated an Overweight rating on the stock and a $91 price target. NextEra Energy, Inc. (NYSE:NEE) cited demand for renewables, and the “potential for new disclosures to improve transparency” for its bullish outlook.

As of the end of the second quarter of 2023, 59 hedge funds out of the 910 funds tracked by Insider Monkey had stakes in NextEra Energy, Inc. (NYSE:NEE). The biggest stakeholder of NextEra Energy, Inc. (NYSE:NEE) during this period was John Overdeck and David Siegel’s Two Sigma Advisors which owns a $190 million stake in the company.

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