Geode Capital Management LLC Trims Stock Position in Excelerate Energy, Inc. (NYSE:EE) (2025)

Posted by Defense World Staff on Apr 22nd, 2025

Geode Capital Management LLC lessened its stake in shares of Excelerate Energy, Inc. (NYSE:EE – Free Report) by 2.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 388,487 shares of the company’s stock after selling 10,125 shares during the quarter. Geode Capital Management LLC owned 0.37% of Excelerate Energy worth $11,754,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EE. SBI Securities Co. Ltd. acquired a new stake in shares of Excelerate Energy during the fourth quarter worth about $27,000. Pictet Asset Management Holding SA purchased a new position in shares of Excelerate Energy in the 4th quarter valued at $174,000. Cable Hill Partners LLC purchased a new position in shares of Excelerate Energy during the fourth quarter worth about $202,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Excelerate Energy in the fourth quarter valued at approximately $212,000. Finally, Intech Investment Management LLC purchased a new position in Excelerate Energy during the 4th quarter worth $220,000. Hedge funds and other institutional investors own 21.79% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on EE shares. Wells Fargo & Company reissued an “underweight” rating on shares of Excelerate Energy in a report on Friday, March 28th. JPMorgan Chase & Co. reissued an “underweight” rating and set a $31.00 price target (up previously from $22.00) on shares of Excelerate Energy in a research note on Tuesday, January 7th. Barclays raised their target price on shares of Excelerate Energy from $31.00 to $32.00 and gave the company an “overweight” rating in a report on Friday, February 28th. Morgan Stanley restated an “underweight” rating and issued a $29.00 price objective (up from $25.00) on shares of Excelerate Energy in a research report on Friday, January 31st. Finally, Stephens restated an “overweight” rating and set a $36.00 target price on shares of Excelerate Energy in a research report on Monday, March 3rd. Three equities research analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $31.17.

Check Out Our Latest Analysis on EE

Excelerate Energy Stock Performance

Excelerate Energy stock opened at $26.21 on Tuesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.12 and a quick ratio of 4.12. Excelerate Energy, Inc. has a 12 month low of $16.15 and a 12 month high of $32.99. The stock’s 50-day moving average is $28.06 and its 200-day moving average is $28.38. The company has a market cap of $2.78 billion, a price-to-earnings ratio of 26.47, a price-to-earnings-growth ratio of 5.82 and a beta of 1.37.

Excelerate Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Wednesday, March 12th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.92%. Excelerate Energy’s payout ratio is currently 19.20%.

Excelerate Energy Company Profile

(Free Report)

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