Sei Investments Co. increased its holdings in shares of Xcel Energy Inc. (NASDAQ:XEL – Free Report) by 3.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,157,937 shares of the company’s stock after acquiring an additional 40,369 shares during the period. Sei Investments Co.’s holdings in Xcel Energy were worth $91,986,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Barclays PLC raised its position in Xcel Energy by 63.6% in the fourth quarter. Barclays PLC now owns 9,979,397 shares of the company’s stock worth $737,078,000 after purchasing an additional 3,881,011 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Xcel Energy by 16.9% during the fourth quarter. JPMorgan Chase & Co. now owns 24,572,438 shares of the company’s stock valued at $1,814,920,000 after purchasing an additional 3,546,423 shares in the last quarter. Pictet Asset Management Holding SA boosted its holdings in Xcel Energy by 37.1% during the first quarter. Pictet Asset Management Holding SA now owns 8,871,863 shares of the company’s stock valued at $704,780,000 after purchasing an additional 2,399,089 shares in the last quarter. Bank of America Corp DE grew 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 period. Finally, Boston Partners grew its stake in shares of Xcel Energy by 4,530.7% in the 4th quarter. Boston Partners now owns 2,024,541 shares of the company’s stock valued at $149,538,000 after purchasing an additional 1,980,821 shares during the period. Institutional investors own 78.38% of the company’s stock.
Trending Headlines about Xcel Energy
Here are the key news stories impacting Xcel Energy this week:
- Positive Sentiment: KeyCorp reiterated an Overweight rating on Xcel Energy and raised its longer-term earnings estimates, including FY2027, FY2028, FY2029, and FY2030, signaling confidence in the utility’s multi-year growth profile.
- Positive Sentiment: KeyCorp also lifted its FY2029 EPS forecast to $5.34 from $5.13 and FY2028 EPS to $4.89 from $4.77, which supports the view that earnings can improve steadily over time.
- Positive Sentiment: Recent commentary also pointed to Xcel as potentially undervalued relative to its earnings and dividend profile, with additional investor focus on clean energy spending and AI-driven power demand as possible longer-term tailwinds.
- Neutral Sentiment: KeyCorp’s near-term FY2026 EPS estimate was slightly reduced to $4.12 from $4.13, a small change that does not materially alter the broader thesis.
- Neutral Sentiment: Other recent coverage included Morgan Stanley reiterating a Hold rating and Zacks noting the company is due to report earnings next week, keeping attention centered on the upcoming results rather than any major new fundamental shock.
Xcel Energy Stock Up 1.1%
Xcel Energy (NASDAQ:XEL – Get Free Report) last announced its earnings results on Wednesday, April 29th. The company reported $0.91 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.91. Xcel Energy had a net margin of 14.14% and a return on equity of 10.37%. The company had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $4.21 billion. During the same period in the previous year, the firm posted $0.84 earnings per share. The company’s revenue was up 2.9% on a year-over-year basis. As a group, research analysts forecast that Xcel Energy Inc. will post 4.11 EPS for the current fiscal year.
Xcel Energy Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Monday, June 15th were given a $0.5925 dividend. This represents a $2.37 annualized dividend and a yield of 2.9%. The ex-dividend date was Monday, June 15th. Xcel Energy’s payout ratio is 68.30%.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on XEL shares. JPMorgan Chase & Co. raised their target price on Xcel Energy from $91.00 to $102.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Wall Street Zen cut Xcel Energy from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Truist Financial increased their price objective on Xcel Energy from $92.00 to $94.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. New Street Research set a $91.00 price objective on Xcel Energy in a research note on Tuesday, June 23rd. Finally, Barclays lifted their price objective on Xcel Energy from $87.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $92.65.
View Our Latest Stock Analysis on Xcel Energy
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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