Xcel Energy (XEL) has made notable financial movement with buys and sells by several investment firms, such as
Transcend Capital Advisors,
Oppenheimer & Co. Inc., and
Asset Management One Co. Ltd.
Farther Finance Advisors LLC and
SG Americas Securities LLC also bought considerable shares. Despite mixed opinions, some financial institutions find
XEL an undervalued utility stock. It seems to be lagging financial estimates, with Q1 earnings and revenues underperforming projections.
Morgan Stanley issued a pessimistic forecast for its stock price, while key personnel changes have been made. Notably,
Ryan Long has been appointed as Executive Vice President and Chief Legal and Compliance Officer. Investments continue to be made into the company, with an announced $45B investment after missing Q1 earnings and revenue estimates. Relations leadership transition and a split in the COO role followed the retirement of
Timothy O'Connor. Furthermore,
Xcel Energy's shareholders will receive a larger dividend than last year, and the company has a promising blue-chip utility outlook.
Xcel Energy XEL News Analytics from Mon, 04 Nov 2024 08:00:00 GMT to Sat, 28 Jun 2025 14:47:07 GMT -
Rating 0
- Innovation -4
- Information 6
- Rumor 2
