Reaves W H & Co. Inc. significantly increased its stake in Xcel Energy Inc. (NASDAQ:XEL) by 25.7% during the third quarter, now holding 3,164,159 shares valued at $255.19 million, making it their 5th largest position. Xcel Energy met EPS estimates at $0.96 but missed revenue estimates, reporting $3.56 billion, and provided FY2026 EPS guidance of $4.040-$4.160. The company has a market cap of $45.2 billion, a P/E of 22.35, and pays a quarterly dividend of $0.57, with analysts maintaining a “Buy” consensus rating and an $87.60 price target. Several other institutional investors also adjusted their holdings in Xcel Energy during the same period.
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Reaves W H & Co. Inc. Has $255.19 Million Holdings in Xcel Energy Inc. $XEL
Reaves W H & Co. Inc. significantly increased its stake in Xcel Energy Inc. (NASDAQ:XEL) by 25.7% during the third quarter, now holding 3,164,159 shares valued at $255.19 million, making it their 5th largest position. Xcel Energy met EPS estimates at $0.96 but missed revenue estimates, reporting $3.56 billion, and provided FY2026 EPS guidance of $4.040-$4.160. The company has a market cap of $45.2 billion, a P/E of 22.35, and pays a quarterly dividend of $0.57, with analysts maintaining a “Buy” consensus rating and an $87.60 price target. Several other institutional investors also adjusted their holdings in Xcel Energy during the same period.