Xcel Energy Inc. $XEL Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. lifted its holdings in shares of Xcel Energy Inc. (NASDAQ:XEL) by 2.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 76,725,720 shares of the company’s stock after purchasing an additional 2,001,018 shares during the quarter. Vanguard Group Inc. owned approximately 0.13% of Xcel Energy worth $6,187,929,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Hanson & Doremus Investment Management raised its position in shares of Xcel Energy by 9.1% during the 3rd quarter. Hanson & Doremus Investment Management now owns 1,592 shares of the company’s stock worth $128,000 after purchasing an additional 133 shares during the period. Segment Wealth Management LLC increased its position in Xcel Energy by 2.2% in the third quarter. Segment Wealth Management LLC now owns 6,201 shares of the company’s stock worth $500,000 after buying an additional 135 shares during the period. Empirical Finance LLC lifted its stake in Xcel Energy by 0.7% in the second quarter. Empirical Finance LLC now owns 19,196 shares of the company’s stock valued at $1,307,000 after buying an additional 140 shares during the last quarter. Warwick Investment Management Inc. boosted its holdings in shares of Xcel Energy by 2.9% during the third quarter. Warwick Investment Management Inc. now owns 4,970 shares of the company’s stock valued at $401,000 after acquiring an additional 140 shares during the period. Finally, CENTRAL TRUST Co boosted its holdings in shares of Xcel Energy by 1.7% during the second quarter. CENTRAL TRUST Co now owns 8,315 shares of the company’s stock valued at $566,000 after acquiring an additional 142 shares during the period. 78.38% of the stock is currently owned by institutional investors and hedge funds.

Xcel Energy Stock Up 3.3%

NASDAQ XEL opened at $81.59 on Tuesday. Xcel Energy Inc. has a 12 month low of $65.21 and a 12 month high of $83.01. The company has a market capitalization of $48.26 billion, a P/E ratio of 23.86, a PEG ratio of 2.23 and a beta of 0.45. The company’s 50 day simple moving average is $75.34 and its 200 day simple moving average is $76.53. 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 (NASDAQ:XEL) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.96 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.96. The firm had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.77 billion. Xcel Energy had a net margin of 13.76% and a return on equity of 10.83%. The firm’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.81 earnings per share. Xcel Energy has set its FY 2026 guidance at 4.040-4.160 EPS. Equities research analysts expect that Xcel Energy Inc. will post 3.82 earnings per share for the current fiscal year.

Xcel Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders of record on Monday, December 29th were paid a dividend of $0.57 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a $2.28 dividend on an annualized basis and a yield of 2.8%. Xcel Energy’s dividend payout ratio is currently 66.67%.

Wall Street Analyst Weigh In

XEL has been the topic of several recent research reports. Citigroup lifted their price objective on shares of Xcel Energy from $80.00 to $92.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. UBS Group raised Xcel Energy from a “neutral” rating to a “buy” rating and lifted their price target for the company from $81.00 to $89.00 in a report on Friday. BTIG Research set a $94.00 price objective on Xcel Energy in a research report on Friday, January 30th. Barclays lowered their target price on Xcel Energy from $85.00 to $82.00 and set an “overweight” rating on the stock in a research report on Thursday, January 15th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $90.00 target price on shares of Xcel Energy in a research note on Friday, February 6th. Three analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $88.13.

About Xcel Energy

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.