Xcel Energy Shares Sold by Barrow Hanley Mewhinney & Strauss

Investment firm reduces stake in utility company by 0.6% in third quarter

Published on Mar. 11, 2026

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Barrow Hanley Mewhinney & Strauss LLC, a major investment firm, reduced its stake in Xcel Energy Inc. (NASDAQ:XEL) by 0.6% in the third quarter, according to a filing with the Securities and Exchange Commission. The firm now owns approximately 6.18 million shares of the utility company's stock, making it one of Xcel Energy's largest institutional investors.

Why it matters

Xcel Energy is a major electric and natural gas utility serving customers across eight states in the western and upper Midwest United States. Changes in ownership by large institutional investors can signal shifts in market sentiment and influence the company's stock price and access to capital.

The details

Barrow Hanley Mewhinney & Strauss sold 35,336 shares of Xcel Energy during the third quarter, reducing its total position to 6,184,668 shares. The firm now owns about 1.05% of Xcel Energy's outstanding stock, worth approximately $498.8 million as of the most recent SEC filing. Xcel Energy accounts for around 1.6% of Barrow Hanley Mewhinney & Strauss's total investment portfolio.

  • Barrow Hanley Mewhinney & Strauss reduced its Xcel Energy stake in the third quarter of 2026.

The players

Barrow Hanley Mewhinney & Strauss LLC

A major investment management firm that owns a significant stake in Xcel Energy.

Xcel Energy Inc.

A publicly traded utility holding company that develops, owns and operates regulated electricity and natural gas delivery systems, primarily in the western and upper Midwest United States.

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The takeaway

The reduction in Barrow Hanley Mewhinney & Strauss's Xcel Energy position, while relatively small, could signal a shift in investor sentiment around the utility company's stock. However, Xcel Energy remains one of the firm's largest holdings, indicating the investment manager still views the company as an attractive long-term investment.