OMERS ADMINISTRATION Corp Purchases 6,268 Shares of Xcel Energy Inc. $XEL

OMERS ADMINISTRATION Corp raised its stake in shares of Xcel Energy Inc. (NASDAQ:XEL) by 0.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,791,423 shares of the company’s stock after acquiring an additional 6,268 shares during the period. OMERS ADMINISTRATION Corp owned about 0.29% of Xcel Energy worth $142,311,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Barclays PLC boosted its holdings in shares of Xcel Energy by 63.6% in the 4th quarter. Barclays PLC now owns 9,979,397 shares of the company’s stock worth $737,078,000 after buying an additional 3,881,011 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Xcel Energy by 16.9% in the fourth quarter. JPMorgan Chase & Co. now owns 24,572,438 shares of the company’s stock worth $1,814,920,000 after acquiring an additional 3,546,423 shares during the period. 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 during the period. Bank of America Corp DE grew its stake in Xcel Energy by 9.0% during the second quarter. Bank of America Corp DE now owns 26,262,079 shares of the company’s stock valued at $1,788,448,000 after acquiring an additional 2,157,602 shares in the last quarter. Finally, Boston Partners grew its position in shares of 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 Trading Up 1.1%

NASDAQ:XEL opened at $81.67 on Friday. The stock has a market cap of $50.98 billion, a price-to-earnings ratio of 23.54, a PEG ratio of 2.12 and a beta of 0.39. The company’s 50 day moving average price is $79.59 and its 200-day moving average price is $79.26. Xcel Energy Inc. has a 52 week low of $69.16 and a 52 week high of $84.23. 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 (NASDAQ:XEL) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.91 earnings per share 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 firm had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $4.21 billion. During the same quarter in the previous year, the business earned $0.84 earnings per share. The company’s revenue was up 2.9% on a year-over-year basis. On average, equities research analysts forecast that Xcel Energy Inc. will post 4.11 earnings per share for the current fiscal year.

Xcel Energy Dividend Announcement

The business 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 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Monday, June 15th. Xcel Energy’s payout ratio is 68.30%.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Evercore restated an “outperform” rating and issued a $96.00 price objective on shares of Xcel Energy in a research report on Monday, May 4th. Morgan Stanley set a $89.00 price objective on Xcel Energy in a report on Wednesday, June 24th. New Street Research set a $91.00 price target on shares of Xcel Energy in a report on Tuesday, June 23rd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Xcel Energy in a report on Wednesday, June 17th. Finally, JPMorgan Chase & Co. raised their target price on shares of Xcel Energy from $91.00 to $102.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $92.65.

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 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.