Zions Bancorporation National Association UT Sells 18,918 Shares of Xcel Energy Inc. $XEL

Zions Bancorporation National Association UT decreased its holdings in shares of Xcel Energy Inc. (NASDAQ:XEL) by 14.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 115,930 shares of the company’s stock after selling 18,918 shares during the period. Zions Bancorporation National Association UT’s holdings in Xcel Energy were worth $9,350,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Balyasny Asset Management L.P. grew its holdings in Xcel Energy by 2,324.9% during the second quarter. Balyasny Asset Management L.P. now owns 1,716,351 shares of the company’s stock valued at $116,884,000 after purchasing an additional 1,645,571 shares during the period. VCI Wealth Management LLC purchased a new position in shares of Xcel Energy during the 3rd quarter valued at $1,176,000. Apollon Wealth Management LLC increased its holdings in Xcel Energy by 94.0% in the 3rd quarter. Apollon Wealth Management LLC now owns 31,131 shares of the company’s stock worth $2,511,000 after acquiring an additional 15,083 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S increased its holdings in Xcel Energy by 86.6% in the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 41,406 shares of the company’s stock worth $3,339,000 after acquiring an additional 19,214 shares during the last quarter. Finally, Jump Financial LLC bought a new stake in Xcel Energy in the 2nd quarter valued at about $9,196,000. 78.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on XEL. Royal Bank Of Canada reiterated an “outperform” rating and issued a $95.00 target price on shares of Xcel Energy in a research note on Friday, January 23rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Xcel Energy in a research note on Wednesday, January 21st. Argus raised shares of Xcel Energy to a “strong-buy” rating in a report on Wednesday, December 3rd. BTIG Research set a $94.00 target price on Xcel Energy in a research report on Friday, January 30th. Finally, Barclays reduced their price target on Xcel Energy from $85.00 to $82.00 and set an “overweight” rating for the company in a research report on Thursday, January 15th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, Xcel Energy currently has an average rating of “Buy” and a consensus price target of $88.13.

Xcel Energy Stock Performance

NASDAQ XEL opened at $81.59 on Monday. The company’s 50 day simple moving average is $75.22 and its two-hundred day simple moving average is $76.47. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.79 and a quick ratio of 0.69. Xcel Energy Inc. has a 1 year low of $65.21 and a 1 year high of $83.01. The stock has a market capitalization of $48.26 billion, a PE ratio of 23.86, a P/E/G ratio of 2.23 and a beta of 0.45.

Xcel Energy (NASDAQ:XEL) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.96 EPS for the quarter, meeting analysts’ consensus estimates of $0.96. Xcel Energy had a net margin of 13.76% and a return on equity of 10.83%. The firm had revenue of $3.56 billion during the quarter, compared to analyst estimates of $3.77 billion. During the same period in the previous year, the business earned $0.81 EPS. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. Xcel Energy has set its FY 2026 guidance at 4.040-4.160 EPS. Analysts predict that Xcel Energy Inc. will post 3.82 earnings per share for the current fiscal year.

Xcel Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders of record on Monday, December 29th were issued a $0.57 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a $2.28 annualized dividend and a dividend yield of 2.8%. Xcel Energy’s dividend payout ratio (DPR) is presently 66.67%.

Xcel Energy Company Profile

Xcel Energy (NASDAQ: XEL) is a Minneapolis-based, publicly traded utility holding company that develops, owns and operates regulated electricity and natural gas delivery systems. The company’s core activities include generation, transmission and distribution of electricity, the delivery of natural gas to customers, and related customer service operations. Xcel provides a mix of utility services to residential, commercial and industrial customers and participates in wholesale energy markets where appropriate.

Its generation portfolio combines nuclear, natural gas, coal and a growing share of renewable resources such as wind and solar.