Reaves W H & Co. Inc. Has $255.19 Million Holdings in Xcel Energy Inc. $XEL

Reaves W H & Co. Inc. increased its stake in Xcel Energy Inc. (NASDAQ:XEL) by 25.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,164,159 shares of the company’s stock after purchasing an additional 647,834 shares during the quarter. Xcel Energy makes up approximately 4.5% of Reaves W H & Co. Inc.’s portfolio, making the stock its 5th biggest holding. Reaves W H & Co. Inc. owned 0.54% of Xcel Energy worth $255,189,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. Wealthfront Advisers LLC increased its position in Xcel Energy by 21.5% in the third quarter. Wealthfront Advisers LLC now owns 140,568 shares of the company’s stock worth $11,337,000 after buying an additional 24,913 shares during the last quarter. Navellier & Associates Inc. lifted its position in shares of Xcel Energy by 1.3% during the 3rd quarter. Navellier & Associates Inc. now owns 38,732 shares of the company’s stock valued at $3,124,000 after buying an additional 514 shares during the last quarter. Prospera Financial Services Inc grew its stake in shares of Xcel Energy by 18.4% during the 3rd quarter. Prospera Financial Services Inc now owns 8,338 shares of the company’s stock worth $673,000 after acquiring an additional 1,296 shares during the period. Profund Advisors LLC grew its stake in shares of Xcel Energy by 2.5% during the 3rd quarter. Profund Advisors LLC now owns 73,674 shares of the company’s stock worth $5,942,000 after acquiring an additional 1,775 shares during the period. Finally, Oppenheimer & Co. Inc. increased its holdings in Xcel Energy by 4.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 23,723 shares of the company’s stock worth $1,913,000 after acquiring an additional 1,034 shares during the last quarter. Hedge funds and other institutional investors own 78.38% of the company’s stock.

Xcel Energy Stock Performance

Xcel Energy stock opened at $76.43 on Tuesday. Xcel Energy Inc. has a 1-year low of $65.21 and a 1-year high of $83.01. The company has a current ratio of 0.79, a quick ratio of 0.69 and a debt-to-equity ratio of 1.51. The firm has a market capitalization of $45.21 billion, a PE ratio of 22.35, a price-to-earnings-growth ratio of 2.08 and a beta of 0.45. The firm’s 50 day simple moving average is $75.15 and its 200 day simple moving average is $76.28.

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

Xcel Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders of record on Monday, December 29th were issued a $0.57 dividend. The ex-dividend date of this dividend was Monday, December 29th. This represents a $2.28 annualized dividend and a dividend yield of 3.0%. Xcel Energy’s dividend payout ratio (DPR) is presently 66.67%.

Wall Street Analysts Forecast Growth

XEL has been the topic of several recent research reports. UBS Group dropped their price objective on shares of Xcel Energy from $86.00 to $81.00 and set a “neutral” rating on the stock in a report on Wednesday, December 17th. Citigroup boosted their price target on shares of Xcel Energy from $80.00 to $92.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Barclays cut their price objective on shares of Xcel Energy from $85.00 to $82.00 and set an “overweight” rating for the company in a report on Thursday, January 15th. Mizuho set a $86.00 price objective on shares of Xcel Energy in a research note on Friday, January 9th. Finally, Morgan Stanley restated an “underperform” rating on shares of Xcel Energy in a research report on Wednesday, January 21st. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Xcel Energy has a consensus rating of “Buy” and a consensus price target of $87.60.

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.