First National Bank of Omaha purchased a new position in Xcel Energy Inc. (NASDAQ:XEL – Free Report) in the third quarter, HoldingsChannel reports. The firm purchased 111,865 shares of the company’s stock, valued at approximately $9,022,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Xcel Energy during the 2nd quarter valued at $25,000. ORG Partners LLC raised its holdings in Xcel Energy by 168.4% during the third 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. Clearstead Trust LLC raised its holdings in Xcel Energy by 202.2% during the second quarter. Clearstead Trust LLC now owns 417 shares of the company’s stock valued at $28,000 after acquiring an additional 279 shares during the period. First Command Advisory Services Inc. purchased a new position in shares of Xcel Energy in the third quarter valued at about $32,000. Finally, Collier Financial bought a new position in shares of Xcel Energy in the third quarter worth about $38,000. 78.38% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several research firms recently issued reports on XEL. Morgan Stanley reiterated an “underperform” rating on shares of Xcel Energy in a research report on Wednesday, January 21st. Argus raised shares of Xcel Energy to a “strong-buy” rating in a report on Wednesday, December 3rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Xcel Energy in a research report on Wednesday, January 21st. Barclays lowered their target price on shares of Xcel Energy from $85.00 to $82.00 and set an “overweight” rating on the stock in a report on Thursday, January 15th. Finally, BTIG Research set a $94.00 target price on shares of Xcel Energy in a research note on Friday, January 30th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $88.13.
Xcel Energy Price Performance
XEL stock opened at $80.75 on Wednesday. Xcel Energy Inc. has a 52 week low of $65.21 and a 52 week high of $83.01. The firm has a market capitalization of $47.77 billion, a P/E ratio of 23.61, a price-to-earnings-growth ratio of 2.23 and a beta of 0.46. The company has a fifty day simple moving average of $75.44 and a two-hundred day simple moving average of $76.58. 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 – Get Free Report) last announced its earnings results on Thursday, February 5th. The company reported $0.96 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.96. Xcel Energy had a net margin of 13.76% and a return on equity of 10.83%. The firm had revenue of $3.56 billion for the quarter, compared to analysts’ expectations of $3.77 billion. During the same period in the prior year, the company earned $0.81 EPS. The business’s revenue was up 14.1% compared to the same quarter last year. Xcel Energy has set its FY 2026 guidance at 4.040-4.160 EPS. Analysts anticipate that Xcel Energy Inc. will post 3.82 earnings per share for the current fiscal year.
Xcel Energy Dividend Announcement
The business also recently disclosed 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 was Monday, December 29th. This represents a $2.28 dividend on an annualized basis and a yield of 2.8%. Xcel Energy’s dividend payout ratio is 66.67%.
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.
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