Metis Global Partners LLC Buys 9,691 Shares of Xcel Energy Inc. $XEL

Metis Global Partners LLC raised its stake in Xcel Energy Inc. (NASDAQ:XEL) by 18.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 61,259 shares of the company’s stock after purchasing an additional 9,691 shares during the period. Metis Global Partners LLC’s holdings in Xcel Energy were worth $4,941,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC bought a new stake in shares of Xcel Energy in the fourth quarter valued at about $240,000. Empowered Funds LLC increased its stake in Xcel Energy by 30.7% during the first quarter. Empowered Funds LLC now owns 13,810 shares of the company’s stock valued at $978,000 after acquiring an additional 3,242 shares during the period. Woodline Partners LP raised its holdings in Xcel Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 48,515 shares of the company’s stock valued at $3,434,000 after acquiring an additional 14,029 shares in the last quarter. TD Asset Management Inc lifted its position in shares of Xcel Energy by 2.5% in the 2nd quarter. TD Asset Management Inc now owns 231,099 shares of the company’s stock worth $15,738,000 after acquiring an additional 5,705 shares during the period. Finally, Sagespring Wealth Partners LLC grew its holdings in shares of Xcel Energy by 62.8% during the 2nd quarter. Sagespring Wealth Partners LLC now owns 8,534 shares of the company’s stock worth $581,000 after purchasing an additional 3,292 shares in the last quarter. 78.38% of the stock is currently owned by institutional investors and hedge funds.

Xcel Energy Stock Up 3.3%

XEL opened at $81.59 on Friday. The firm’s 50-day simple moving average is $75.22 and its 200-day simple moving average is $76.42. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.69 and a current ratio of 0.79. Xcel Energy Inc. has a twelve month low of $65.21 and a twelve month high of $83.01. The firm has a market cap of $48.26 billion, a price-to-earnings ratio of 23.86, a PEG ratio of 2.16 and a beta of 0.46.

Xcel Energy (NASDAQ:XEL) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.96 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.96. The firm had revenue of $3.56 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the firm posted $0.81 EPS. Xcel Energy has set its FY 2026 guidance at 4.040-4.160 EPS. Equities research analysts anticipate that Xcel Energy Inc. will post 3.82 EPS for the current fiscal year.

Xcel Energy Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. BMO Capital Markets restated an “outperform” rating and issued a $90.00 target price on shares of Xcel Energy in a research note on Friday, February 6th. JPMorgan Chase & Co. lowered their price target on shares of Xcel Energy from $90.00 to $87.00 and set an “overweight” rating on the stock in a report on Thursday, December 11th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Xcel Energy in a report on Wednesday, January 21st. Morgan Stanley reiterated an “underperform” rating on shares of Xcel Energy in a research report on Wednesday, January 21st. Finally, KeyCorp dropped their price target on shares of Xcel Energy from $85.00 to $84.00 and set an “overweight” rating for the company in a research report on Friday, December 12th. Three analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has given a Sell rating to the company. According to MarketBeat, Xcel Energy has an average rating of “Buy” and a consensus 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.