Illinois Municipal Retirement Fund Sells 36,761 Shares of Xcel Energy Inc. $XEL

Illinois Municipal Retirement Fund lowered its stake in shares of Xcel Energy Inc. (NASDAQ:XEL) by 25.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 110,568 shares of the company’s stock after selling 36,761 shares during the period. Illinois Municipal Retirement Fund’s holdings in Xcel Energy were worth $8,917,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of XEL. ORG Partners LLC raised its position in shares of Xcel Energy by 168.4% in the 3rd quarter. ORG Partners LLC now owns 314 shares of the company’s stock valued at $25,000 after acquiring an additional 197 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in Xcel Energy during the second quarter valued at approximately $25,000. First Command Advisory Services Inc. bought a new stake in Xcel Energy in the third quarter valued at approximately $32,000. Clearstead Trust LLC raised its holdings in Xcel Energy by 202.2% in the second quarter. Clearstead Trust LLC now owns 417 shares of the company’s stock worth $28,000 after purchasing an additional 279 shares during the period. Finally, Collier Financial bought a new position in shares of Xcel Energy during the third quarter worth $38,000. 78.38% of the stock is currently owned by institutional investors and hedge funds.

Xcel Energy Stock Up 3.3%

Shares of Xcel Energy stock opened at $81.59 on Friday. The business’s 50 day simple moving average is $75.22 and its 200 day simple moving average is $76.42. Xcel Energy Inc. has a 52-week low of $65.21 and a 52-week high of $83.01. The firm has a market cap of $48.26 billion, a PE ratio of 23.86, a P/E/G ratio of 2.16 and a beta of 0.46. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.69 and a current ratio of 0.79.

Xcel Energy (NASDAQ:XEL) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.96 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.96. The company had revenue of $3.56 billion for the quarter, compared to the consensus estimate of $3.77 billion. Xcel Energy had a net margin of 13.76% and a return on equity of 10.83%. The firm’s revenue was up 14.1% compared to the same quarter last year. During the same period last year, the company earned $0.81 earnings per share. Xcel Energy has set its FY 2026 guidance at 4.040-4.160 EPS. On average, analysts predict that Xcel Energy Inc. will post 3.82 earnings per share for the current fiscal year.

Xcel Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders of record on Monday, December 29th were given a dividend of $0.57 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a $2.28 annualized dividend and a yield of 2.8%. Xcel Energy’s payout ratio is 66.67%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on XEL. JPMorgan Chase & Co. lowered their price objective on shares of Xcel Energy from $90.00 to $87.00 and set an “overweight” rating for the company in a research report on Thursday, December 11th. BMO Capital Markets reissued an “outperform” rating and issued a $90.00 target price on shares of Xcel Energy in a research note on Friday, February 6th. Weiss Ratings restated a “buy (b-)” rating on shares of Xcel Energy in a report on Wednesday, January 21st. Argus upgraded Xcel Energy to a “strong-buy” rating in a report on Wednesday, December 3rd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $95.00 price objective on shares of Xcel Energy in a research report on Friday, January 23rd. Three analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Xcel Energy has an average rating of “Buy” and a consensus target price of $88.13.

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.