KLP Kapitalforvaltning AS Boosts Stake in Excelerate Energy, Inc. $EE

Market Beat
2026.01.12 10:20
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KLP Kapitalforvaltning AS significantly increased its stake in Excelerate Energy, Inc. by 645.2% during Q3, now owning 69,300 shares valued at $1.75 million. Other hedge funds also boosted their holdings. Analysts have given Excelerate Energy a consensus rating of "Moderate Buy" with a target price of $32.25. The stock has seen a 1-year high of $32.99 and reported a 102.2% year-over-year revenue increase. The company also announced a $75 million stock buyback plan, indicating confidence in its valuation.