ProShare Advisors LLC reduced its stake in Xcel Energy (NASDAQ:XEL) by 18.2% in the third quarter of 2026, selling 166,276 shares and ending the period with 747,163 shares valued at approximately $60.26 million. Despite this reduction, institutional ownership in Xcel Energy remains high at 78.38%, with other firms like Balyasny Asset Management significantly increasing their positions. Xcel Energy reported Q3 EPS of $0.96, meeting estimates, and revenue of $3.56 billion, slightly below expectations, while maintaining a “Buy” consensus analyst rating and offering an annualized dividend of $2.28 per share for a 3.0% yield.
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ProShare Advisors LLC Lowers Stake in Xcel Energy Inc. $XEL
ProShare Advisors LLC reduced its stake in Xcel Energy (NASDAQ:XEL) by 18.2% in the third quarter of 2026, selling 166,276 shares and ending the period with 747,163 shares valued at approximately $60.26 million. Despite this reduction, institutional ownership in Xcel Energy remains high at 78.38%, with other firms like Balyasny Asset Management significantly increasing their positions. Xcel Energy reported Q3 EPS of $0.96, meeting estimates, and revenue of $3.56 billion, slightly below expectations, while maintaining a “Buy” consensus analyst rating and offering an annualized dividend of $2.28 per share for a 3.0% yield.