Fulton Bank N.A. Cuts Stake in Xcel Energy Inc. $XEL

Posted by Brian Himes on Jul 3rd, 2026

Fulton Bank N.A. cut its holdings in shares of Xcel Energy Inc. (NASDAQ:XEL – Free Report) by 29.1% during the first quarter, Holdings Channel.com reports. The institutional investor owned 21,490 shares of the company’s stock after selling 8,815 shares during the period. Fulton Bank N.A.’s holdings in Xcel Energy were worth $1,707,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XEL. Quadrant Capital Group LLC grew its stake in shares of Xcel Energy by 1.7% in the third quarter. Quadrant Capital Group LLC now owns 7,358 shares of the company’s stock worth $593,000 after acquiring an additional 125 shares in the last quarter. Bleakley Financial Group LLC raised its stake in shares of Xcel Energy by 0.5% in the fourth quarter. Bleakley Financial Group LLC now owns 28,949 shares of the company’s stock valued at $2,138,000 after acquiring an additional 131 shares in the last quarter. Hills Bank & Trust Co raised its stake in shares of Xcel Energy by 2.2% in the fourth quarter. Hills Bank & Trust Co now owns 6,184 shares of the company’s stock valued at $457,000 after acquiring an additional 133 shares in the last quarter. Keel Point LLC grew its stake in Xcel Energy by 2.6% during the 4th quarter. Keel Point LLC now owns 5,485 shares of the company’s stock worth $405,000 after purchasing an additional 137 shares in the last quarter. Finally, GeoWealth Management LLC grew its stake in Xcel Energy by 4.8% during the 3rd quarter. GeoWealth Management LLC now owns 3,185 shares of the company’s stock worth $257,000 after purchasing an additional 145 shares in the last quarter. Hedge funds and other institutional investors own 78.38% of the company’s stock.

Xcel Energy Stock Performance

NASDAQ:XEL opened at $81.96 on Friday. Xcel Energy Inc. has a 12 month low of $66.56 and a 12 month high of $84.23. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.77 and a quick ratio of 0.68. The firm has a market capitalization of $51.17 billion, a PE ratio of 23.62, a price-to-earnings-growth ratio of 2.07 and a beta of 0.39. The business’s fifty day moving average price is $79.54 and its 200 day moving average price is $78.61.

Xcel Energy (NASDAQ:XEL – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.91 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.91. The company had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $4.21 billion. Xcel Energy had a return on equity of 10.37% and a net margin of 14.14%.Xcel Energy’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.84 EPS. On average, sell-side analysts anticipate that Xcel Energy Inc. will post 4.11 earnings per share for the current fiscal year.

Xcel Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Investors of record on Monday, June 15th will be issued a $0.5925 dividend. This represents a $2.37 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Monday, June 15th. Xcel Energy’s dividend payout ratio is 68.30%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on XEL shares. Evercore reaffirmed an “outperform” rating and issued a $96.00 price target on shares of Xcel Energy in a research report on Monday, May 4th. Truist Financial lowered their price objective on Xcel Energy from $95.00 to $92.00 and set a “buy” rating for the company in a research report on Monday, May 18th. Wall Street Zen lowered shares of Xcel Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th. Mizuho reduced their target price on shares of Xcel Energy from $94.00 to $91.00 and set an “outperform” rating on the stock in a report on Tuesday, June 23rd. Finally, New Street Research set a $91.00 price target on shares of Xcel Energy in a research note on Tuesday, June 23rd. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $91.29.

Check Out Our Latest Analysis on Xcel Energy

Xcel Energy Profile

(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.