Xcel Energy Inc. has been the subject of various investment moves by multiple entities. For instance, a director of the company made a significant stock purchase worth $149,578.10, while various firms including Burkehill Global Management LP, Warwick Investment Management, and AlphaQuest LLC, among others, acquired positions in Xcel. However, other organizations like Intact Investment Management Inc., Cypress Capital Group, and Machina Capital S.A.S. sold their shares. In notable business developments, Xcel's Board declared and subsequently raised the common dividend by 4.1% which is a positive indication for income investors. Despite the solid earnings, there's speculation about weak foundations. The company's Chief Operations Officer is set to retire. The year-end reports of 2024 show good ongoing earnings despite some revenue lagging behind estimates. The earnings report further states the company's focus on grid modernization, reaffirming its commitment to innovation in the energy sector. Xcel recently completed a major stock offering, raising $1.18B to expand its capital position. Amidst these developments, investor sentiment towards Xcel Energy Inc. appears slightly mixed.
Xcel Energy XEL News Analytics from Wed, 28 Aug 2024 07:00:00 GMT to Sun, 16 Mar 2025 01:08:26 GMT -
Rating +6
- Innovation +7
- Information +5
- Rumor -1
