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flag Legal & General boosted its Xcel Energy stake in Q2 2025 as earnings slightly missed estimates.

flag Legal & General Group increased its stake in Xcel Energy by 7.8% in Q2 2025, holding 5.65 million shares worth about $385 million, while Franklin Resources reduced its position by 0.5%. flag Xcel Energy reported Q2 earnings of $1.24 per share, slightly below estimates, with revenue up 7.4% to $3.92 billion. flag The stock traded around $79.67 in late November, with a market cap of $47.13 billion, a P/E ratio of 22.07, and a consensus “Moderate Buy” rating and $87.14 target price.

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