Nordea trims stake in Xcel Energy as company raises dividend and posts steady earnings.

Nordea Investment Management reduced its holdings in Xcel Energy by 16.5% in Q4, now owning about $185 million worth of shares. Xcel Energy reported quarterly earnings of $0.96 per share, meeting expectations, with revenue up 14.1% year-over-year. The company also announced a dividend increase to $0.5925 per share, yielding 3.1%. Analysts remain mostly positive, with an average target price of $88.44, signaling confidence in Xcel's utility business and growth prospects.