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Xcel Energy XEL - News Analyzed: 5,374 - Last Week: 100 - Last Month: 400

↝ Institutional Ownership Dominates; Xcel Energy to Navigate New Investments and Clean Energy Goals

Institutional Ownership Dominates; Xcel Energy to Navigate New Investments and Clean Energy Goals
Hennessy Advisors Inc., a substantial holder in Xcel Energy Inc., possesses $8.10 million in stocks. There is a heavy dominance of institutional owners in Xcel Energy Inc. shares, accounting for around 81% of total ownership. Wells Fargo recently chose to upgrade Xcel Energy (XEL), while Wedge Capital Management LLC decided to offload 35,797 of its shares. Roopesh Aggarwal was named Xcel's new VP of Investor Relations due to the impending retirement of Paul Johnson. Various institutions like AdvisorNet Financial Inc and Oak Thistle LLC boost their portfolio by adjusting their holdings in Xcel Energy Inc. Xcel also managed to raise $1.18B in major stock offering slated to enhance its capital position. Moreover, Xcel's Monticello Nuclear Plant was given a 20-year extension, demonstrating strategic advancements. However, its shares went down by 5.47% on Jan 10, impacting investor sentiments. Xcel Energy's upcoming Q4 2024 Earnings, dividend growth, and strategic positioning are anticipated closely by the market.

Xcel Energy XEL News Analytics from Tue, 30 Jul 2024 07:00:00 GMT to Sat, 18 Jan 2025 14:00:22 GMT - Rating 0 - Innovation -4 - Information 7 - Rumor -3

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