Xcel Energy Inc. $XEL Stake Raised by Wealthfront Advisers LLC

Wealthfront Advisers LLC boosted its holdings in shares of Xcel Energy Inc. (NASDAQ:XEL) by 21.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 140,568 shares of the company’s stock after acquiring an additional 24,913 shares during the quarter. Wealthfront Advisers LLC’s holdings in Xcel Energy were worth $11,337,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Sequoia Financial Advisors LLC lifted its holdings in shares of Xcel Energy by 35.4% during the second quarter. Sequoia Financial Advisors LLC now owns 35,803 shares of the company’s stock worth $2,438,000 after buying an additional 9,355 shares during the last quarter. Balyasny Asset Management L.P. increased its position 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 worth $116,884,000 after acquiring an additional 1,645,571 shares during the period. Apollon Wealth Management LLC increased its position in Xcel Energy by 94.0% during the third 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 period. VCI Wealth Management LLC acquired a new position in Xcel Energy during the 3rd quarter valued at $1,176,000. Finally, Jump Financial LLC bought a new stake in Xcel Energy in the 2nd quarter valued at $9,196,000. Institutional investors and hedge funds own 78.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on XEL. BMO Capital Markets reaffirmed an “outperform” rating and set a $90.00 price objective on shares of Xcel Energy in a research report on Friday. Royal Bank Of Canada restated an “outperform” rating and set a $95.00 price target on shares of Xcel Energy in a research note on Friday, January 23rd. Citigroup upped their price target on Xcel Energy from $80.00 to $92.00 and gave the company a “buy” rating in a report on Monday, November 3rd. JPMorgan Chase & Co. decreased their price objective on Xcel Energy from $90.00 to $87.00 and set an “overweight” rating on the stock in a report on Thursday, December 11th. Finally, Barclays lowered their price objective 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. Three 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 company. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $87.60.

Xcel Energy Trading Up 1.4%

XEL stock opened at $77.50 on Wednesday. Xcel Energy Inc. has a 1-year low of $65.21 and a 1-year high of $83.01. The company has a current ratio of 0.79, a quick ratio of 0.69 and a debt-to-equity ratio of 1.51. The business’s 50 day moving average is $75.12 and its 200-day moving average is $76.31. The firm has a market cap of $45.84 billion, a P/E ratio of 22.66, a P/E/G ratio of 2.09 and a beta of 0.46.

Xcel Energy (NASDAQ:XEL) last posted its earnings results on Thursday, February 5th. The company reported $0.96 EPS for the quarter, hitting the consensus estimate of $0.96. Xcel Energy had a return on equity of 10.83% and a net margin of 13.76%.The business had revenue of $3.56 billion during the quarter, compared to the consensus estimate of $3.77 billion. During the same quarter last year, the company earned $0.81 EPS. Xcel Energy’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. Equities analysts anticipate that Xcel Energy Inc. will post 3.82 earnings per share for the current fiscal year.

Xcel Energy Dividend Announcement

The company 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. The ex-dividend date of this dividend was Monday, December 29th. This represents a $2.28 annualized dividend and a dividend yield of 2.9%. Xcel Energy’s dividend payout ratio is presently 66.67%.

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.