Xcel Energy Inc. $XEL Shares Bought by Public Sector Pension Investment Board

Public Sector Pension Investment Board boosted its holdings in shares of Xcel Energy Inc. (NASDAQ:XEL) by 7.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 127,483 shares of the company’s stock after purchasing an additional 8,788 shares during the quarter. Public Sector Pension Investment Board’s holdings in Xcel Energy were worth $10,282,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in XEL. Hanson & Doremus Investment Management grew its stake in Xcel Energy by 9.1% in the 3rd quarter. Hanson & Doremus Investment Management now owns 1,592 shares of the company’s stock valued at $128,000 after acquiring an additional 133 shares during the period. Segment Wealth Management LLC raised its position in Xcel Energy by 2.2% during the third quarter. Segment Wealth Management LLC now owns 6,201 shares of the company’s stock worth $500,000 after acquiring an additional 135 shares during the period. Empirical Finance LLC lifted its holdings in Xcel Energy by 0.7% during the second quarter. Empirical Finance LLC now owns 19,196 shares of the company’s stock valued at $1,307,000 after purchasing an additional 140 shares in the last quarter. Warwick Investment Management Inc. grew its position in shares of Xcel Energy by 2.9% in the third quarter. Warwick Investment Management Inc. now owns 4,970 shares of the company’s stock valued at $401,000 after purchasing an additional 140 shares during the period. Finally, CENTRAL TRUST Co increased its stake in shares of Xcel Energy by 1.7% during the second quarter. CENTRAL TRUST Co now owns 8,315 shares of the company’s stock worth $566,000 after purchasing an additional 142 shares in the last quarter. 78.38% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. UBS Group raised shares of Xcel Energy from a “neutral” rating to a “buy” rating and raised their price target for the company from $81.00 to $89.00 in a research note on Friday. BTIG Research set a $94.00 target price on Xcel Energy in a research report on Friday, January 30th. Barclays lowered their price target on Xcel Energy from $85.00 to $82.00 and set an “overweight” rating on the stock in a research note on Thursday, January 15th. JPMorgan Chase & Co. reduced their price objective on Xcel Energy from $90.00 to $87.00 and set an “overweight” rating for the company in a research note on Thursday, December 11th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Xcel Energy in a report on Wednesday, January 21st. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $88.13.

Xcel Energy Price Performance

NASDAQ:XEL opened at $81.59 on Tuesday. Xcel Energy Inc. has a one year low of $65.21 and a one year high of $83.01. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.69 and a current ratio of 0.79. The stock has a market cap 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 has a 50 day moving average price of $75.34 and a 200 day moving average price of $76.53.

Xcel Energy (NASDAQ:XEL) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.96 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.96. Xcel Energy had a return on equity of 10.83% and a net margin of 13.76%.The company had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.77 billion. During the same quarter in the previous year, the company posted $0.81 earnings per share. The firm’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. Equities research analysts expect that Xcel Energy Inc. will post 3.82 EPS for the current fiscal year.

Xcel Energy Announces Dividend

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