Delta Global Management LP Invests $2.38 Million in Xcel Energy Inc. $XEL

Delta Global Management LP bought a new stake in Xcel Energy Inc. (NASDAQ:XEL) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 29,995 shares of the company’s stock, valued at approximately $2,383,000.

Several other institutional investors and hedge funds have also modified their holdings of XEL. Vanguard Group Inc. raised its stake in Xcel Energy by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 77,610,805 shares of the company’s stock worth $5,732,334,000 after purchasing an additional 885,085 shares in the last quarter. State Street Corp grew its position in shares of Xcel Energy by 1.2% during the 4th quarter. State Street Corp now owns 36,340,645 shares of the company’s stock worth $2,704,534,000 after purchasing an additional 444,092 shares in the last quarter. Bank of America Corp DE grew its position in shares of Xcel Energy by 9.0% during the 2nd quarter. Bank of America Corp DE now owns 26,262,079 shares of the company’s stock worth $1,788,448,000 after purchasing an additional 2,157,602 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Xcel Energy by 16.9% during the fourth quarter. JPMorgan Chase & Co. now owns 24,572,438 shares of the company’s stock worth $1,814,920,000 after purchasing an additional 3,546,423 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of Xcel Energy by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 16,496,124 shares of the company’s stock worth $1,214,035,000 after purchasing an additional 126,498 shares during the period. 78.38% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting 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 firm has a 50 day moving average of $79.59 and a 200-day moving average of $79.26. The stock has a market capitalization of $50.98 billion, a PE ratio of 23.54, a PEG ratio of 2.12 and a beta of 0.39. The company has a current ratio of 0.77, a quick ratio of 0.68 and a debt-to-equity ratio of 1.45. Xcel Energy Inc. has a 12 month low of $69.16 and a 12 month high of $84.23.

Xcel Energy (NASDAQ:XEL) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.91 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.91. The company had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $4.21 billion. Xcel Energy had a net margin of 14.14% and a return on equity of 10.37%. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.84 EPS. On average, equities research analysts predict that Xcel Energy Inc. will post 4.11 EPS for the current fiscal year.

Xcel Energy Dividend Announcement

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

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on XEL shares. UBS Group lifted their price target on shares of Xcel Energy from $89.00 to $91.00 and gave the company a “buy” rating in a research report on Monday, April 20th. Jefferies Financial Group set a $101.00 price target on Xcel Energy in a research report on Tuesday, July 7th. Morgan Stanley set a $89.00 price objective on Xcel Energy in a research note on Wednesday, June 24th. BTIG Research reaffirmed a “buy” rating and issued a $98.00 price objective on shares of Xcel Energy in a report on Friday, June 26th. Finally, Truist Financial upped their target price on Xcel Energy from $92.00 to $94.00 and gave the company a “buy” rating in a research report on Thursday, July 16th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $92.65.

Xcel Energy Company 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.