Stratos Wealth Partners LTD. Increases Stake in Xcel Energy Inc. $XEL

Stratos Wealth Partners LTD. lifted its holdings in shares of Xcel Energy Inc. (NASDAQ:XEL) by 117.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 12,503 shares of the company’s stock after purchasing an additional 6,762 shares during the period. Stratos Wealth Partners LTD.’s holdings in Xcel Energy were worth $1,008,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in shares of Xcel Energy by 9.0% during the second quarter. Bank of America Corp DE now owns 26,262,079 shares of the company’s stock valued at $1,788,448,000 after buying an additional 2,157,602 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in Xcel Energy by 10.3% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 18,719,520 shares of the company’s stock worth $1,274,799,000 after acquiring an additional 1,746,066 shares during the last quarter. Invesco Ltd. increased its stake in Xcel Energy by 29.0% in the 2nd quarter. Invesco Ltd. now owns 7,366,422 shares of the company’s stock worth $501,653,000 after purchasing an additional 1,654,505 shares during the period. Balyasny Asset Management L.P. lifted its position in Xcel Energy by 2,324.9% in the second quarter. Balyasny Asset Management L.P. now owns 1,716,351 shares of the company’s stock valued at $116,884,000 after purchasing an additional 1,645,571 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of Xcel Energy by 100.3% during the second quarter. Raymond James Financial Inc. now owns 2,519,061 shares of the company’s stock valued at $171,548,000 after purchasing an additional 1,261,439 shares during the period. 78.38% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Barclays lowered their price target on shares of Xcel Energy from $85.00 to $82.00 and set an “overweight” rating for the company in a report on Thursday, January 15th. UBS Group raised shares of Xcel Energy from a “neutral” rating to a “buy” rating and upped their price objective for the company from $81.00 to $89.00 in a research note on Friday. KeyCorp dropped their target price on shares of Xcel Energy from $85.00 to $84.00 and set an “overweight” rating for the company in a report on Friday, December 12th. Royal Bank Of Canada restated an “outperform” rating and set a $95.00 price target on shares of Xcel Energy in a report on Friday, January 23rd. Finally, Morgan Stanley reiterated an “underperform” rating on shares of Xcel Energy in a report on Wednesday, January 21st. Three research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $88.13.

Xcel Energy Trading Up 3.3%

NASDAQ XEL opened at $81.59 on Tuesday. The firm has a market capitalization of $48.26 billion, a PE ratio of 23.86, a P/E/G ratio of 2.23 and a beta of 0.45. The stock’s 50 day moving average is $75.34 and its 200 day moving average is $76.53. Xcel Energy Inc. has a twelve month low of $65.21 and a twelve month high of $83.01. The company has a quick ratio of 0.69, a current ratio of 0.79 and a debt-to-equity ratio of 1.51.

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

Xcel Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 20th. Stockholders of record on Monday, December 29th were issued a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Monday, December 29th. Xcel Energy’s dividend payout ratio (DPR) 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.