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Princeton Global Asset Management LLC Buys 42,351 Shares of Xcel Energy Inc. $XEL
Princeton Global Asset Management LLC significantly increased its stake in Xcel Energy Inc. (NASDAQ:XEL) by purchasing an additional 42,351 shares, bringing its total holdings to 42,411 shares valued at approximately $3.13 million. This increase reflects broader institutional interest in Xcel Energy, a utility company with a “Buy” consensus rating and a recently boosted quarterly dividend of $0.5925, offering a 2.9% yield. The company reported Q4 EPS of $0.96, meeting estimates, and revenue of $3.56 billion.