The **Xcel Energy XEL** seems to have positive traction in the market. It received approval for a rate increase in Wisconsin, indicating strong regulatory support. Financial institutions like Barclays have maintained an Overweight recommendation and increased the price target to $85. Major acquisitions are noticed with Ohio's state teachers retirement system, Quaero Capital, and Cbre Investment Management listed among the buyers of XEL shares. There are expectations for Xcel Energy's earnings growth, with positive sentiments from Wall Street analysts. However, XEL's Q3 earnings and revenues missed estimates, leading to a reduction in holdings by figures like the Bank of Montreal and Bank of New York Mellon Corp. Nonetheless, XEL's stock performance continues to surpass its underlying earnings growth over the last three years, and is predicted to continue in an upward direction. The company's recent announcement of its five-year investment plan and the subsequent rise in stock price show strong investor confidence. Despite lower than expected profits due to high interest and expenses, dividends on common stock were declared, and Norway's Investment Management AB, Cookson Peirce & Co, and Texas teachers retirement system purchased considerable shares.
Xcel Energy XEL News Analytics from Wed, 21 May 2025 07:00:00 GMT to Sat, 08 Nov 2025 22:11:21 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor 4
