Xcel Energy Inc. $XEL Shares Purchased by Hennion & Walsh Asset Management Inc.

robot
Abstract generation in progress

Hennion & Walsh Asset Management Inc. significantly increased its stake in Xcel Energy Inc. by 37.1% in the fourth quarter, holding 47,946 shares valued at $3.54 million. Xcel Energy reported Q4 EPS of $0.96, matching estimates, but revenue came in below expectations at $3.56 billion, though up 14.1% year-over-year. The company also raised its quarterly dividend to $0.5925, offering a 3.0% yield, with a payout ratio near 69%.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin