Xcel Energy Inc. $XEL Shares Acquired by Jones Financial Companies Lllp

Jones Financial Companies Lllp increased its position in shares of Xcel Energy Inc. (NASDAQ:XELFree Report) by 33.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 32,884 shares of the company’s stock after buying an additional 8,298 shares during the quarter. Jones Financial Companies Lllp’s holdings in Xcel Energy were worth $2,613,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. State Street Corp increased its position in shares of Xcel Energy by 0.4% during the second quarter. State Street Corp now owns 34,144,257 shares of the company’s stock worth $2,344,295,000 after purchasing an additional 126,790 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Xcel Energy by 9.0% in the 2nd quarter. Bank of America Corp DE now owns 26,262,079 shares of the company’s stock valued at $1,788,448,000 after purchasing an additional 2,157,602 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Xcel Energy by 4.3% in the third quarter. Massachusetts Financial Services Co. MA now owns 19,526,873 shares of the company’s stock valued at $1,574,842,000 after buying an additional 807,353 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Xcel Energy by 2.9% in the second quarter. Geode Capital Management LLC now owns 16,191,204 shares of the company’s stock valued at $1,108,006,000 after purchasing an additional 460,103 shares during the period. Finally, Invesco Ltd. grew its holdings in Xcel Energy by 29.0% during the 2nd quarter. Invesco Ltd. now owns 7,366,422 shares of the company’s stock worth $501,653,000 after acquiring an additional 1,654,505 shares in the last quarter. Hedge funds and other institutional investors own 78.38% of the company’s stock.

Xcel Energy Stock Performance

Shares of XEL opened at $75.90 on Monday. The company has a quick ratio of 0.69, a current ratio of 0.79 and a debt-to-equity ratio of 1.51. The business’s 50 day moving average is $75.22 and its two-hundred day moving average is $76.25. 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 $44.90 billion, a price-to-earnings ratio of 22.19, a PEG ratio of 2.08 and a beta of 0.45.

Xcel Energy (NASDAQ:XELGet Free Report) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.96 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.96. Xcel Energy had a net margin of 13.76% and a return on equity of 10.83%. The business had revenue of $3.56 billion during the quarter, compared to the consensus estimate of $3.77 billion. During the same quarter in the prior year, the firm earned $0.81 EPS. The company’s revenue for the quarter 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 forecast that Xcel Energy Inc. will post 3.82 EPS for the current fiscal year.

Xcel Energy Dividend Announcement

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 $0.57 dividend. The ex-dividend date was Monday, December 29th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.0%. Xcel Energy’s dividend payout ratio is presently 66.67%.

Analysts Set New Price Targets

XEL has been the topic of a number of recent analyst reports. BMO Capital Markets reaffirmed an “outperform” rating and issued a $90.00 target price on shares of Xcel Energy in a research report on Friday. Argus raised shares of Xcel Energy to a “strong-buy” rating in a research note on Wednesday, December 3rd. Citigroup raised their price target on Xcel Energy from $80.00 to $92.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Royal Bank Of Canada reissued an “outperform” rating and issued a $95.00 target price on shares of Xcel Energy in a report on Friday, January 23rd. Finally, JPMorgan Chase & Co. lowered their price target on shares of Xcel Energy from $90.00 to $87.00 and set an “overweight” rating on the stock in a research report on Thursday, December 11th. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $87.60.

Check Out Our Latest Stock Report on XEL

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About Xcel Energy

(Free Report)

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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Institutional Ownership by Quarter for Xcel Energy (NASDAQ:XEL)

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