Xcel Energy Inc. $XEL Stock: Tectonic Advisors LLC Lowers Holdings

Posted by Brian Himes on Oct 26th, 2026

Tectonic Advisors LLC cut its holdings in Xcel Energy Inc. (NASDAQ:XEL – Free Report) by 59.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,416 shares of the company’s stock after selling 7,841 shares during the period. Tectonic Advisors LLC’s holdings in Xcel Energy were worth $382,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Evolution Wealth Management Inc. grew its position in Xcel Energy by 365.3% in the first quarter. Evolution Wealth Management Inc. now owns 349 shares of the company’s stock valued at $28,000 after purchasing an additional 274 shares in the last quarter. Pin Oak Investment Advisors Inc. acquired a new stake in Xcel Energy in the 2nd quarter valued at $29,000. James T. Borello RIA increased its stake in Xcel Energy by 59.6% in the 3rd quarter. James T. Borello RIA now owns 367 shares of the company’s stock valued at $26,000 after buying an additional 137 shares during the last quarter. GK Wealth Management LLC acquired a new stake in Xcel Energy in the 3rd quarter valued at $28,000. Finally, First Bancorp Inc ME acquired a new stake in Xcel Energy in the 2nd quarter valued at $36,000. Institutional investors own 78.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. BTIG Research reissued a “buy” rating and set a $91.00 price target (down from $99.00) on shares of Xcel Energy in a research report on Tuesday, October 20th. Weiss Ratings downgraded shares of Xcel Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, October 19th. JPMorgan Chase & Co. decreased their price objective on Xcel Energy from $97.00 to $92.00 and set an “overweight” rating for the company in a report on Tuesday, October 13th. The Goldman Sachs Group lowered their target price on Xcel Energy from $95.00 to $93.00 in a research report on Thursday, October 15th. Finally, Mizuho set a $92.00 target price on Xcel Energy and gave the company an “outperform” rating in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Xcel Energy presently has a consensus rating of “Buy” and an average target price of $90.21.

View Our Latest Report on XEL

Xcel Energy Stock Performance

Shares of Xcel Energy stock opened at $78.05 on Monday. Xcel Energy Inc. has a 12-month low of $68.72 and a 12-month high of $84.23. The stock has a market cap of $48.75 billion, a P/E ratio of 21.38, a P/E/G ratio of 2.59 and a beta of 0.36. The company has a quick ratio of 0.62, a current ratio of 0.70 and a debt-to-equity ratio of 1.49. The business’s 50 day moving average is $74.68 and its 200-day moving average is $77.85.

Xcel Energy (NASDAQ:XEL – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.14. Xcel Energy had a net margin of 15.28% and a return on equity of 10.65%. The business had revenue of $3.12 billion during the quarter, compared to analysts’ expectations of $3.54 billion. During the same period last year, the business earned $1.59 earnings per share. The firm’s revenue was down 5.1% on a year-over-year basis. Equities research analysts predict that Xcel Energy Inc. will post 4.13 earnings per share for the current fiscal year.

Xcel Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, September 15th were given a dividend of $0.5925 per share. This represents a $2.37 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend was Tuesday, September 15th. Xcel Energy’s dividend payout ratio is 64.93%.

Xcel Energy Profile

(Free Report)

Xcel Energy Inc is a public utility holding company that provides electricity and natural gas services to residential, commercial, and industrial customers. Its operations include the generation, transmission, distribution, and sale of electricity, as well as the distribution and sale of natural gas.

The company serves customers across Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin through operating companies including Northern States Power, Public Service Company of Colorado, Southwestern Public Service Company, and NSP-Wisconsin.