State Street Corp disclosed on September 25, 2026, that it increased its holdings in FuelCell Energy, Inc. (FCEL) by 818% during the second quarter.
It purchased an additional 1.91 million shares. Its total holdings rose to 2.14 million shares, representing a 2.68% ownership stake in the company.
Rising long-term Treasury yields have pressured clean-energy companies, including fuel-cell firms, by increasing financing costs for capital-intensive projects. FuelCell Energy has continued to build its project pipeline amid these conditions. Its stock has been volatile, and the company recently missed analyst estimates for quarterly earnings.