Nordea Cuts Xcel Stake After Mixed Q3

Ed Don | January 15, 2026 | 0

Snack-Sized Version:

Nordea Investment Management AB reduced its stake in Xcel Energy by 6.8% during the third quarter. The firm sold over 219,000 shares, and its remaining position is now valued at about $240.5 million. This move comes after Xcel reported mixed third-quarter results. For instance, the company’s earnings per share of $1.24 missed analyst estimates by eight cents. However, its revenue of $3.92 billion slightly beat expectations. In addition, Xcel Energy continues to pay a quarterly dividend of $0.57 per share. This provides investors with a 3.0% annual yield.

At a Glance
Headline	Nordea Investment Management Trims Xcel Stake
Key fact	Sold 6.8% of its position in Q3, now holds 0.51% of the company.
Why it matters	Institutional selling can signal a shift in sentiment for a widely held utility stock.
Watch next	Monitor upcoming 13F filings from other large holders for similar moves.

Source: Company news; SEC filings.

Read the Full Meal:

Nordea Investment Management AB has trimmed its holdings in Xcel Energy. The investment firm sold 219,442 shares, which represents a 6.8% reduction in its stake during the third quarter. As a result, Nordea now owns just under 3 million shares worth around $240.5 million. This institutional selling follows Xcel’s latest earnings report. The utility company posted third-quarter earnings of $1.24 per share, and this figure missed consensus estimates. On the other hand, its quarterly revenue of $3.92 billion came in slightly ahead of expectations. The company also maintains its quarterly dividend of $0.57 per share.

Nordea Sells Xcel Shares Following Mixed Q3 Earnings

Stake Reduction: Nordea Investment Management sold 219,442 shares, reducing its holdings by 6.8% in the third quarter.
Q3 Earnings: The company reported $1.24 EPS, missing estimates, but its $3.92 billion revenue beat expectations.
Dividend Details: Xcel Energy pays a quarterly dividend of $0.57 per share, which represents a 3.0% yield.
Analyst View: Despite the institutional selling, the stock maintains a consensus ‘Buy’ rating from analysts.

Why this can matter for NASDAQ:XEL holders

Institutional Sentiment: A large fund trimming its position can sometimes pressure a stock or signal a change in outlook.
Income Stability: However, the company’s consistent dividend provides a stable income stream for investors.
Mixed Performance: The recent earnings miss suggests investors should watch profitability metrics in coming quarters.

For more details, see XEL SEC filings.

What to watch next

13F Filing Season: Watch for other institutional investors’ 13F filings to gauge broader sentiment.
Next Earnings Report: The company’s next quarterly earnings release will provide an update on its performance.
Dividend Declaration: Monitor the next dividend announcement for any changes to the payout policy.

Mini FAQ

What action did Nordea Investment Management take with Xcel Energy stock?
Nordea Investment Management AB reduced its stake by 6.8% in the third quarter. Consequently, it sold 219,442 shares of the company.

How did Xcel Energy perform in its most recent quarter?
Xcel Energy reported mixed results. For example, it missed EPS estimates with $1.24 but beat revenue expectations with $3.92 billion.

What is Xcel Energy’s current dividend?
The company recently declared a quarterly dividend of $0.57 per share. This payment represents an annualized yield of 3.0%.