Xcel Energy Inc. $XEL Shares Sold by Shell Asset Management Co.

Shell Asset Management Co. lowered its stake in shares of Xcel Energy Inc. (NASDAQ:XEL) by 62.4% in the third quarter, Holdings Channel reports. The institutional investor owned 12,028 shares of the company’s stock after selling 19,939 shares during the quarter. Shell Asset Management Co.’s holdings in Xcel Energy were worth $970,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. HighTower Advisors LLC grew its holdings in Xcel Energy by 3.0% during the 3rd quarter. HighTower Advisors LLC now owns 151,779 shares of the company’s stock worth $12,241,000 after acquiring an additional 4,425 shares in the last quarter. BTC Capital Management Inc. raised its stake in shares of Xcel Energy by 104.4% in the 3rd quarter. BTC Capital Management Inc. now owns 215,470 shares of the company’s stock valued at $17,378,000 after purchasing an additional 110,053 shares in the last quarter. Metis Global Partners LLC lifted its position in shares of Xcel Energy by 18.8% during the third quarter. Metis Global Partners LLC now owns 61,259 shares of the company’s stock worth $4,941,000 after purchasing an additional 9,691 shares during the last quarter. Public Sector Pension Investment Board grew its stake in Xcel Energy by 7.4% in the third quarter. Public Sector Pension Investment Board now owns 127,483 shares of the company’s stock worth $10,282,000 after purchasing an additional 8,788 shares in the last quarter. Finally, GS Investments Inc. increased its holdings in Xcel Energy by 38.8% in the third quarter. GS Investments Inc. now owns 672 shares of the company’s stock valued at $54,000 after buying an additional 188 shares during the last quarter. Institutional investors own 78.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. BTIG Research set a $94.00 target price on Xcel Energy in a report on Friday, January 30th. Royal Bank Of Canada restated an “outperform” rating and set a $95.00 price objective on shares of Xcel Energy in a research note on Friday, January 23rd. Argus raised shares of Xcel Energy to a “strong-buy” rating in a report on Wednesday, December 3rd. UBS Group raised shares of Xcel Energy from a “neutral” rating to a “buy” rating and increased their target price for the stock from $81.00 to $89.00 in a report on Friday. Finally, BMO Capital Markets restated an “outperform” rating and issued a $90.00 price target on shares of Xcel Energy in a research report on Friday, February 6th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Xcel Energy has an average rating of “Buy” and an average target price of $88.13.

Xcel Energy Price Performance

Shares of NASDAQ XEL opened at $81.59 on Tuesday. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.79 and a quick ratio of 0.69. The firm has a market capitalization of $48.26 billion, a PE ratio of 23.86, a P/E/G ratio of 2.23 and a beta of 0.45. Xcel Energy Inc. has a 1-year low of $65.21 and a 1-year high of $83.01. The business’s fifty day moving average price is $75.34 and its two-hundred day moving average price is $76.53.

Xcel Energy (NASDAQ:XEL) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.96 EPS for the quarter, meeting the consensus estimate of $0.96. Xcel Energy had a net margin of 13.76% and a return on equity of 10.83%. The company had revenue of $3.56 billion for the quarter, compared to analyst estimates of $3.77 billion. During the same quarter last year, the business earned $0.81 earnings per share. Xcel Energy’s revenue was up 14.1% compared to the same quarter last year. Xcel Energy has set its FY 2026 guidance at 4.040-4.160 EPS. On average, research analysts expect that Xcel Energy Inc. will post 3.82 EPS for the current year.

Xcel Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 20th. Stockholders of record on Monday, December 29th were issued a $0.57 dividend. The ex-dividend date was Monday, December 29th. This represents a $2.28 annualized dividend and a dividend yield of 2.8%. Xcel Energy’s dividend payout ratio (DPR) is 66.67%.

Xcel Energy Company 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.