JPMorgan Chase & Co. Increases Position in Xcel Energy Inc. $XEL

Posted by George Bondi on Jun 9th, 2026

JPMorgan Chase & Co. grew its stake in Xcel Energy Inc. (NASDAQ:XEL – Free Report) by 16.9% during the fourth quarter, HoldingsChannel reports. The fund owned 24,572,438 shares of the company’s stock after acquiring an additional 3,546,423 shares during the quarter. JPMorgan Chase & Co.’s holdings in Xcel Energy were worth $1,814,920,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vermillion & White Wealth Management Group LLC purchased a new position in shares of Xcel Energy in the 3rd quarter valued at $27,000. Abound Wealth Management increased its holdings in shares of Xcel Energy by 394.5% in the 4th quarter. Abound Wealth Management now owns 361 shares of the company’s stock valued at $27,000 after acquiring an additional 288 shares during the period. Beacon Financial Strategies CORP purchased a new position in shares of Xcel Energy in the 4th quarter valued at $33,000. Pittenger & Anderson Inc. increased its holdings in shares of Xcel Energy by 73.8% in the 4th quarter. Pittenger & Anderson Inc. now owns 471 shares of the company’s stock valued at $35,000 after acquiring an additional 200 shares during the period. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of Xcel Energy in the 3rd quarter valued at $42,000. 78.38% of the stock is currently owned by hedge funds and other institutional investors.

Xcel Energy Stock Down 1.8%

Shares of XEL stock opened at $77.62 on Tuesday. Xcel Energy Inc. has a 1-year low of $65.21 and a 1-year high of $84.23. The stock’s fifty day moving average price is $79.80 and its 200 day moving average price is $78.47. 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 company has a market cap of $48.46 billion, a price-to-earnings ratio of 22.37, a price-to-earnings-growth ratio of 2.05 and a beta of 0.39.

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 the consensus estimate of $0.91. Xcel Energy had a return on equity of 10.37% and a net margin of 14.14%.The firm had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $4.21 billion. During the same period in the previous year, the business earned $0.84 EPS. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. On average, research analysts expect that Xcel Energy Inc. will post 4.11 earnings per share for the current fiscal year.

Xcel Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 20th. Shareholders of record on Monday, June 15th will be given a dividend of $0.5925 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $2.37 dividend on an annualized basis and a yield of 3.1%. Xcel Energy’s payout ratio is currently 68.30%.

Analyst Ratings Changes

XEL has been the topic of a number of analyst reports. Weiss Ratings upgraded Xcel Energy from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, March 20th. Wall Street Zen downgraded Xcel Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Morgan Stanley set a $87.00 target price on Xcel Energy in a research note on Thursday, May 21st. Truist Financial dropped their target price on Xcel Energy from $95.00 to $92.00 and set a “buy” rating on the stock in a research note on Monday, May 18th. Finally, Barclays dropped their target price on Xcel Energy from $91.00 to $87.00 and set an “overweight” rating on the stock in a research note on Tuesday, May 12th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $90.63.

Get Our Latest Report on Xcel Energy

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.