In recent events surrounding Xcel Energy Inc., the company has seen significant financial activity and strong returns, which has pleased investors. During the past year, shares sold by Martingale Asset Management and other entities, including the Bank of Montreal and BNP Paribas Financial Markets. Yet, shares have also been acquired by Healthcare of Ontario Pension Plan Trust Fund, Barclays, and numerous others.
Positive activity also comes from the closing of a common stock offering with a forward component, along with the launch of a $1.2B stock offering. This has fueled a significant growth in Xcel Energy's stock value, hitting a 52-week high at $71.99. Despite a missed revenue of 7.2%, Xcel Energy is supporting clean energy goals and has posted higher quarterly profits while launching a $45 billion investment plan. The firm's EPS is $3.37, as of Sep. 2024, and it's believed to show a promising 6.60% upside coupled with a strong dividend growth.
Xcel Energy XEL News Analytics from Tue, 25 Jun 2024 07:00:00 GMT to Sat, 30 Nov 2024 11:31:08 GMT - Rating 8 - Innovation 2 - Information 7 - Rumor 4
