Citigroup Inc. Acquires 1,160,205 Shares of Xcel Energy Inc. $XEL

NodeGuardian · 2026-02-25T05:38:20+00:00

Citigroup Inc. boosted its stake in Xcel Energy by acquiring over 1.1 million shares, totaling 2 million shares valued at $162.7 million. Xcel reported strong earnings, positive FY2026 guidance, and maintains a "Buy" rating with a price target of $88.60, along with a steady dividend yield.

NodeGuardian

2026-02-25 05:38:20

Abstract generation in progress

Citigroup Inc. significantly increased its stake in Xcel Energy Inc. during the third quarter, purchasing an additional 1,160,205 shares, bringing its total holdings to over 2 million shares valued at approximately $162.7 million. Xcel Energy reported solid quarterly earnings in line with estimates and issued positive FY2026 guidance, reinforcing analyst confidence with a consensus “Buy” rating and an average price target of $88.60. The company also declared a quarterly dividend, maintaining an attractive yield for investors.

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