Entropy Technologies LP Cuts Stock Position in Xcel Energy Inc. $XEL

Entropy Technologies LP lessened its stake in shares of Xcel Energy Inc. (NASDAQ:XEL) by 10.6% in the first quarter, Holdings Channel reports. The institutional investor owned 82,632 shares of the company’s stock after selling 9,789 shares during the period. Entropy Technologies LP’s holdings in Xcel Energy were worth $6,564,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in XEL. Barclays PLC grew its stake in shares of 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 acquiring an additional 3,881,011 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Xcel Energy by 16.9% in the 4th quarter. JPMorgan Chase & Co. now owns 24,572,438 shares of the company’s stock worth $1,814,920,000 after purchasing an additional 3,546,423 shares during the last quarter. Pictet Asset Management Holding SA boosted its stake in Xcel Energy by 37.1% in the 1st quarter. Pictet Asset Management Holding SA now owns 8,871,863 shares of the company’s stock worth $704,780,000 after purchasing an additional 2,399,089 shares in the last quarter. Bank of America Corp DE grew its position in Xcel Energy by 9.0% during 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 last quarter. Finally, Boston Partners increased its stake in Xcel Energy by 4,530.7% during 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 in the last quarter. Hedge funds and other institutional investors own 78.38% of the company’s stock.

Xcel Energy News Summary

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 Price Performance

NASDAQ XEL opened at $81.67 on Friday. The business’s fifty day moving average price is $79.59 and its 200-day moving average price is $79.26. The stock has a market capitalization of $50.98 billion, a price-to-earnings ratio of 23.54, a PEG ratio of 2.10 and a beta of 0.39. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.77 and a quick ratio of 0.68. Xcel Energy Inc. has a 1-year low of $69.16 and a 1-year high of $84.23.

Xcel Energy (NASDAQ:XEL) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.91 EPS 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 company had revenue of $4.02 billion during the quarter, compared to analyst estimates of $4.21 billion. During the same quarter in the previous year, the company posted $0.84 earnings per share. Xcel Energy’s revenue was up 2.9% compared to the same quarter last year. On average, equities analysts predict that Xcel Energy Inc. will post 4.11 earnings per share for the current year.

Xcel Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, July 20th. Shareholders 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 of this dividend was Monday, June 15th. Xcel Energy’s dividend payout ratio (DPR) is presently 68.30%.

Analyst Ratings Changes

XEL has been the topic of a number of recent analyst reports. UBS Group increased their price target on shares of Xcel Energy from $89.00 to $91.00 and gave the company a “buy” rating in a report on Monday, April 20th. Weiss Ratings restated a “buy (b-)” rating on shares of Xcel Energy in a report on Wednesday, June 17th. Truist Financial increased their target price on Xcel Energy from $92.00 to $94.00 and gave the company a “buy” rating in a research note on Thursday, July 16th. Wall Street Zen lowered Xcel Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 9th. Finally, BMO Capital Markets decreased their price target on Xcel Energy from $95.00 to $92.00 and set an “outperform” rating for the company in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Xcel Energy currently has an average rating of “Buy” and an average target price of $92.65.

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.