Xcel Energy Inc. $XEL Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System lowered its holdings in Xcel Energy Inc. (NASDAQ:XEL) by 3.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 684,478 shares of the company’s stock after selling 21,625 shares during the period. California State Teachers Retirement System’s holdings in Xcel Energy were worth $54,375,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Evolution Wealth Management Inc. increased its holdings in shares of 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 buying an additional 274 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new stake in shares of Xcel Energy during the 4th quarter worth $30,000. Pittenger & Anderson Inc. grew 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 worth $35,000 after acquiring an additional 200 shares during the last quarter. Advocate Investing Services LLC acquired a new position in shares of Xcel Energy in the 4th quarter worth $38,000. Finally, Cedar Mountain Advisors LLC acquired a new position in shares of Xcel Energy in the 1st quarter worth $39,000. 78.38% of the stock is currently owned by institutional investors.

Xcel Energy News Roundup

Here are the key news stories impacting Xcel Energy this week:

• Positive Sentiment: Xcel reported second-quarter GAAP and ongoing earnings of $0.93 per share, well above the $0.79 analyst consensus. Net income rose to $586 million from $444 million a year earlier. Higher infrastructure investment recovery and lower power costs helped drive the improvement. Xcel Energy Second Quarter 2026 Earnings Report
• Positive Sentiment: The company declared a quarterly dividend of $0.5925 per share, equivalent to an annualized payout of approximately $2.37 and a yield near 3%. The dividend supports Xcel’s appeal to income-focused investors.
• Positive Sentiment: Management’s earnings-call discussion highlighted continued infrastructure investment and associated regulatory recovery, potentially supporting longer-term rate-base growth. Xcel Energy Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Xcel elected Peter Carter, Delta Air Lines’ president, to its board. The appointment adds an executive with experience in strategy, policy and sustainability, but is unlikely to materially affect near-term earnings. Xcel Energy Elects Peter Carter to Board of Directors
• Negative Sentiment: Revenue totaled $3.12 billion, below the $3.54 billion consensus estimate and down 5.1% year over year. The revenue miss may be weighing on the stock despite the EPS beat, particularly because utility investors focus on the durability of underlying growth. Xcel Q2 Earnings Beat Estimates on Infrastructure Investment Recovery

Xcel Energy Price Performance

XEL opened at $78.23 on Friday. The firm has a market capitalization of $48.84 billion, a P/E ratio of 22.54, a PEG ratio of 2.05 and a beta of 0.39. The stock has a fifty day moving average of $79.60 and a 200-day moving average of $79.45. The company has a quick ratio of 0.68, a current ratio of 0.77 and a debt-to-equity ratio of 1.45. Xcel Energy Inc. has a 12-month low of $69.16 and a 12-month high of $84.23.

Xcel Energy (NASDAQ:XEL) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.14. The business had revenue of $3.12 billion for the quarter, compared to the consensus estimate of $3.55 billion. Xcel Energy had a return on equity of 10.37% and a net margin of 14.14%.Xcel Energy’s revenue for the quarter was down 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.59 earnings per share. Equities analysts forecast that Xcel Energy Inc. will post 4.11 EPS for the current fiscal year.

Xcel Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.5925 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.37 dividend on an annualized basis and a yield of 3.0%. Xcel Energy’s dividend payout ratio (DPR) is presently 68.30%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on XEL. UBS Group upped their target price on Xcel Energy from $89.00 to $91.00 and gave the company a “buy” rating in a report on Monday, April 20th. BMO Capital Markets dropped their price target on Xcel Energy from $95.00 to $92.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 22nd. Barclays boosted their price objective on Xcel Energy from $87.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, July 9th. Truist Financial raised their target price on shares of Xcel Energy from $92.00 to $94.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. Finally, KeyCorp reiterated an “overweight” rating on shares of Xcel Energy in a report on Monday, June 8th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of $92.65.

About Xcel Energy

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.