Public Employees Retirement System of Ohio Reduces Stock Holdings in Xcel Energy Inc. $XEL

Public Employees Retirement System of Ohio trimmed its position in shares of Xcel Energy Inc. (NASDAQ:XEL) by 2.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 296,075 shares of the company’s stock after selling 8,565 shares during the period. Public Employees Retirement System of Ohio’s holdings in Xcel Energy were worth $23,520,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Modern Wealth Management LLC increased its position in Xcel Energy by 22.2% in the first quarter. Modern Wealth Management LLC now owns 18,845 shares of the company’s stock worth $1,502,000 after buying an additional 3,427 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Xcel Energy by 1,087.4% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 936,583 shares of the company’s stock valued at $74,402,000 after buying an additional 857,708 shares during the last quarter. Mizuho Markets Americas LLC purchased a new position in shares of Xcel Energy during the 1st quarter valued at $63,957,000. Bank of Nova Scotia grew its stake in shares of Xcel Energy by 16.6% during the 1st quarter. Bank of Nova Scotia now owns 159,351 shares of the company’s stock worth $12,659,000 after acquiring an additional 22,722 shares during the period. Finally, Sei Investments Co. grew its stake in shares of Xcel Energy by 3.6% during the 1st quarter. Sei Investments Co. now owns 1,157,937 shares of the company’s stock worth $91,986,000 after acquiring an additional 40,369 shares during the period. 78.38% of the stock is owned by institutional investors.

Trending Headlines about Xcel Energy

Here are the key news stories impacting Xcel Energy this week:

• Positive Sentiment: KeyCorp reiterated an Overweight rating on Xcel Energy and raised its longer-term earnings estimates, including FY2027, FY2028, FY2029, and FY2030, signaling confidence in the utility’s multi-year growth profile.
• Positive Sentiment: KeyCorp also lifted its FY2029 EPS forecast to $5.34 from $5.13 and FY2028 EPS to $4.89 from $4.77, which supports the view that earnings can improve steadily over time.
• Positive Sentiment: Recent commentary also pointed to Xcel as potentially undervalued relative to its earnings and dividend profile, with additional investor focus on clean energy spending and AI-driven power demand as possible longer-term tailwinds.
• Neutral Sentiment: KeyCorp’s near-term FY2026 EPS estimate was slightly reduced to $4.12 from $4.13, a small change that does not materially alter the broader thesis.
• Neutral Sentiment: Other recent coverage included Morgan Stanley reiterating a Hold rating and Zacks noting the company is due to report earnings next week, keeping attention centered on the upcoming results rather than any major new fundamental shock.

Xcel Energy Price Performance

Shares of NASDAQ XEL opened at $81.67 on Friday. The stock has a market cap of $50.98 billion, a PE ratio of 23.54, a price-to-earnings-growth ratio of 2.12 and a beta of 0.39. Xcel Energy Inc. has a fifty-two week low of $69.16 and a fifty-two week high of $84.23. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.68 and a current ratio of 0.77. The stock has a fifty day moving average of $79.59 and a 200-day moving average of $79.26.

Xcel Energy (NASDAQ:XEL) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.91 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.91. The company had revenue of $4.02 billion for the quarter, compared to analyst estimates of $4.21 billion. Xcel Energy had a return on equity of 10.37% and a net margin of 14.14%.The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.84 EPS. Equities research analysts anticipate that Xcel Energy Inc. will post 4.11 earnings per share for the current year.

Xcel Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, July 20th. Stockholders of record on Monday, June 15th were given a dividend of $0.5925 per share. The ex-dividend date was Monday, June 15th. This represents a $2.37 annualized dividend and a dividend yield of 2.9%. Xcel Energy’s dividend payout ratio is currently 68.30%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. BTIG Research restated a “buy” rating and issued a $98.00 price objective on shares of Xcel Energy in a research note on Friday, June 26th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Xcel Energy in a research report on Wednesday, June 17th. Morgan Stanley set a $89.00 target price on shares of Xcel Energy in a research report on Wednesday, June 24th. New Street Research set a $91.00 price target on shares of Xcel Energy in a research report on Tuesday, June 23rd. Finally, Wall Street Zen lowered shares of Xcel Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $92.65.

Xcel Energy 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.