GQG Partners LLC Makes New $891.69 Million Investment in Xcel Energy Inc. $XEL

Posted by Geri Gentry on Aug 23rd, 2026

GQG Partners LLC purchased a new position in shares of Xcel Energy Inc. (NASDAQ:XEL – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 11,104,441 shares of the company’s stock, valued at approximately $891,688,000. Xcel Energy makes up 1.7% of GQG Partners LLC’s holdings, making the stock its 19th largest position.

A number of other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Xcel Energy in the second quarter valued at $6,649,000. Quantbot Technologies LP purchased a new position in Xcel Energy during the 2nd quarter valued at about $6,096,000. Evolve Private Wealth LLC purchased a new position in Xcel Energy during the 2nd quarter valued at about $384,000. Madison Wealth Partners Inc acquired a new position in Xcel Energy in the 2nd quarter valued at about $230,000. Finally, Westpac Banking Corp purchased a new stake in Xcel Energy during the second quarter worth about $1,566,000. 78.38% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

XEL has been the subject of several recent research reports. BMO Capital Markets lowered their price objective on shares of Xcel Energy from $95.00 to $92.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Wall Street Zen lowered shares of Xcel Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. New Street Research set a $91.00 price target on shares of Xcel Energy in a research note on Tuesday, June 23rd. Mizuho set a $92.00 price objective on Xcel Energy in a research note on Friday, July 31st. Finally, Morgan Stanley decreased their target price on Xcel Energy from $92.00 to $89.00 and set an “equal weight” rating for the company in a report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $92.41.

Check Out Our Latest Report on XEL

Xcel Energy Stock Performance

Shares of XEL stock opened at $76.30 on Friday. The company has a market cap of $47.66 billion, a P/E ratio of 20.90, a PEG ratio of 1.98 and a beta of 0.39. The firm has a fifty day moving average price of $79.35 and a 200 day moving average price of $79.70. The company has a current ratio of 0.70, a quick ratio of 0.62 and a debt-to-equity ratio of 1.49. Xcel Energy Inc. has a 12 month low of $71.29 and a 12 month high of $84.23.

Xcel Energy (NASDAQ:XEL – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.14. The company had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $3.54 billion. Xcel Energy had a return on equity of 10.65% and a net margin of 15.28%.Xcel Energy’s revenue for the quarter was down 5.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.59 EPS. Sell-side analysts predict that Xcel Energy Inc. will post 4.12 earnings per share for the current fiscal year.

Xcel Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Tuesday, September 15th will be paid a $0.5925 dividend. This represents a $2.37 annualized dividend and a yield of 3.1%. The ex-dividend date is Tuesday, September 15th. Xcel Energy’s dividend payout ratio is currently 64.93%.

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.