Reaves W H & Co. Inc. Has $255.19 Million Stock Holdings in Xcel Energy Inc. $XEL

Reaves W H & Co. Inc. grew its stake in Xcel Energy Inc. (NASDAQ:XEL) by 25.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 3,164,159 shares of the company’s stock after buying an additional 647,834 shares during the quarter. Xcel Energy makes up approximately 4.5% of Reaves W H & Co. Inc.’s portfolio, making the stock its 5th biggest position. Reaves W H & Co. Inc.’s holdings in Xcel Energy were worth $255,189,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Wealthfront Advisers LLC lifted its holdings in shares of Xcel Energy by 21.5% during the 3rd quarter. Wealthfront Advisers LLC now owns 140,568 shares of the company’s stock worth $11,337,000 after acquiring an additional 24,913 shares during the last quarter. Navellier & Associates Inc. increased its stake in Xcel Energy by 1.3% in the third quarter. Navellier & Associates Inc. now owns 38,732 shares of the company’s stock valued at $3,124,000 after acquiring an additional 514 shares during the last quarter. Prospera Financial Services Inc raised its position in Xcel Energy by 18.4% during the third quarter. Prospera Financial Services Inc now owns 8,338 shares of the company’s stock valued at $673,000 after purchasing an additional 1,296 shares in the last quarter. Profund Advisors LLC lifted its stake in Xcel Energy by 2.5% during the third quarter. Profund Advisors LLC now owns 73,674 shares of the company’s stock worth $5,942,000 after purchasing an additional 1,775 shares during the last quarter. Finally, Oppenheimer & Co. Inc. lifted its stake in Xcel Energy by 4.6% during the third quarter. Oppenheimer & Co. Inc. now owns 23,723 shares of the company’s stock worth $1,913,000 after purchasing an additional 1,034 shares during the last quarter. Institutional investors own 78.38% of the company’s stock.

Xcel Energy Price Performance

Shares of Xcel Energy stock opened at $76.43 on Tuesday. 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 one year low of $65.21 and a one year high of $83.01. The business’s 50 day simple moving average is $75.15 and its two-hundred day simple moving average is $76.28. The stock has a market capitalization of $45.21 billion, a P/E ratio of 22.35, a price-to-earnings-growth ratio of 2.08 and a beta of 0.45.

Xcel Energy (NASDAQ:XEL) last issued its 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. 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 for the quarter, compared to analysts’ expectations of $3.77 billion. During the same quarter last year, the business earned $0.81 earnings per share. The business’s revenue 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 forecast that Xcel Energy Inc. will post 3.82 EPS for the current year.

Xcel Energy Dividend Announcement

The company 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. This represents a $2.28 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Monday, December 29th. Xcel Energy’s dividend payout ratio (DPR) is 66.67%.

Analyst Ratings Changes

XEL has been the topic of several recent research reports. Mizuho set a $86.00 price objective on Xcel Energy in a research report on Friday, January 9th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Xcel Energy in a research note on Wednesday, January 21st. Morgan Stanley reiterated an “underperform” rating on shares of Xcel Energy in a research report on Wednesday, January 21st. Royal Bank Of Canada restated an “outperform” rating and issued a $95.00 price objective on shares of Xcel Energy in a report on Friday, January 23rd. Finally, BTIG Research set a $94.00 price objective on shares of Xcel Energy in a research note on Friday, January 30th. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $87.60.

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.