The Manufacturers Life Insurance Company Trims Holdings in Xcel Energy Inc. $XEL

The Manufacturers Life Insurance Company trimmed its stake in shares of Xcel Energy Inc. (NASDAQ:XEL) by 5.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 617,464 shares of the company’s stock after selling 35,747 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Xcel Energy were worth $49,051,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Quadrant Capital Group LLC grew its holdings in Xcel Energy by 1.7% during the 3rd quarter. Quadrant Capital Group LLC now owns 7,358 shares of the company’s stock valued at $593,000 after buying an additional 125 shares in the last quarter. Bleakley Financial Group LLC lifted its holdings in shares of Xcel Energy by 0.5% in the fourth quarter. Bleakley Financial Group LLC now owns 28,949 shares of the company’s stock worth $2,138,000 after buying an additional 131 shares in the last quarter. Hills Bank & Trust Co lifted its holdings in shares of Xcel Energy by 2.2% in the fourth quarter. Hills Bank & Trust Co now owns 6,184 shares of the company’s stock worth $457,000 after buying an additional 133 shares in the last quarter. Keel Point LLC lifted its holdings in shares of Xcel Energy by 2.6% in the fourth quarter. Keel Point LLC now owns 5,485 shares of the company’s stock worth $405,000 after buying an additional 137 shares in the last quarter. Finally, KCM Investment Advisors LLC boosted its position in shares of Xcel Energy by 1.9% in the first quarter. KCM Investment Advisors LLC now owns 7,549 shares of the company’s stock valued at $600,000 after acquiring an additional 140 shares during the period. Hedge funds and other institutional investors own 78.38% of the company’s stock.

Xcel Energy Price Performance

Shares of NASDAQ:XEL opened at $78.23 on Friday. The company’s fifty day moving average price is $79.60 and its 200-day moving average price is $79.45. The firm has a market capitalization of $48.84 billion, a price-to-earnings ratio of 22.54, a PEG ratio of 2.05 and a beta of 0.39. Xcel Energy Inc. has a one year low of $69.16 and a one year high of $84.23. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.77 and a quick ratio of 0.68.

Xcel Energy (NASDAQ:XEL) last announced its earnings results on Thursday, July 30th. The company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.14. The company had revenue of $3.12 billion during the quarter, compared to analyst estimates of $3.55 billion. Xcel Energy had a net margin of 14.14% and a return on equity of 10.37%. The firm’s quarterly revenue was down 5.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.59 earnings per share. On average, equities research analysts anticipate that Xcel Energy Inc. will post 4.11 earnings per share for the current fiscal year.

Xcel Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Investors of record on Tuesday, September 15th will be given a $0.5925 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.37 dividend on an annualized basis and a yield of 3.0%. Xcel Energy’s payout ratio is presently 68.30%.

Key Stories Impacting Xcel Energy

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

• Positive Sentiment: Xcel reported second-quarter GAAP and ongoing earnings of $0.93 per share, well above the $0.79 analyst consensus. Net income rose to $586 million from $444 million a year earlier. Higher infrastructure investment recovery and lower power costs helped drive the improvement. Xcel Energy Second Quarter 2026 Earnings Report
• Positive Sentiment: The company declared a quarterly dividend of $0.5925 per share, equivalent to an annualized payout of approximately $2.37 and a yield near 3%. The dividend supports Xcel’s appeal to income-focused investors.
• Positive Sentiment: Management’s earnings-call discussion highlighted continued infrastructure investment and associated regulatory recovery, potentially supporting longer-term rate-base growth. Xcel Energy Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Xcel elected Peter Carter, Delta Air Lines’ president, to its board. The appointment adds an executive with experience in strategy, policy and sustainability, but is unlikely to materially affect near-term earnings. Xcel Energy Elects Peter Carter to Board of Directors
• Negative Sentiment: Revenue totaled $3.12 billion, below the $3.54 billion consensus estimate and down 5.1% year over year. The revenue miss may be weighing on the stock despite the EPS beat, particularly because utility investors focus on the durability of underlying growth. Xcel Q2 Earnings Beat Estimates on Infrastructure Investment Recovery

Analyst Ratings Changes

XEL has been the topic of a number of analyst reports. UBS Group upped their target price on shares of Xcel Energy from $89.00 to $91.00 and gave the stock a “buy” rating in a report on Monday, April 20th. Barclays raised their price target on shares of Xcel Energy from $87.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, July 9th. Jefferies Financial Group set a $101.00 price target on shares of Xcel Energy in a report on Tuesday, July 7th. Evercore reiterated an “outperform” rating and issued a $96.00 price objective on shares of Xcel Energy in a research report on Monday, May 4th. Finally, BTIG Research reissued a “buy” rating and set a $98.00 price objective on shares of Xcel Energy in a research note on Friday, June 26th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price 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.