Elevation Point Wealth Partners LLC Acquires 28,645 Shares of Xcel Energy Inc. $XEL

Elevation Point Wealth Partners LLC increased its holdings in Xcel Energy Inc. (NASDAQ:XEL) by 467.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,767 shares of the company’s stock after acquiring an additional 28,645 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Xcel Energy were worth $2,824,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in XEL. Quadrant Capital Group LLC raised its stake in shares of Xcel Energy by 1.7% in the third quarter. Quadrant Capital Group LLC now owns 7,358 shares of the company’s stock worth $593,000 after purchasing an additional 125 shares during the last quarter. TIAA Trust National Association boosted its position in shares of Xcel Energy by 1.0% during the third quarter. TIAA Trust National Association now owns 12,683 shares of the company’s stock valued at $1,022,000 after buying an additional 126 shares during the last quarter. Hanson & Doremus Investment Management boosted its position in shares of Xcel Energy by 9.1% during the third quarter. Hanson & Doremus Investment Management now owns 1,592 shares of the company’s stock valued at $128,000 after buying an additional 133 shares during the last quarter. Segment Wealth Management LLC grew its holdings in Xcel Energy by 2.2% during the third quarter. Segment Wealth Management LLC now owns 6,201 shares of the company’s stock worth $500,000 after buying an additional 135 shares in the last quarter. Finally, Empirical Finance LLC grew its holdings in Xcel Energy by 0.7% during the second quarter. Empirical Finance LLC now owns 19,196 shares of the company’s stock worth $1,307,000 after buying an additional 140 shares in the last quarter. Institutional investors own 78.38% of the company’s stock.

Key Stories Impacting Xcel Energy

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

• Positive Sentiment: Analysts maintain a favorable view — XEL recently received an average “Buy” rating from analysts, which supports investor confidence. Xcel Energy Inc. (NASDAQ:XEL) Receives Average Rating of “Buy” from Analysts
• Positive Sentiment: Storm-response readiness highlighted — Xcel says crews are staged and ready to respond to outages from the winter storm, which reduces operational risk and limits potential outage duration. Workers ready to respond to outages during winter storm, Xcel Energy says
• Positive Sentiment: Planned logistics/maintenance underway — Xcel is moving equipment this weekend (with some traffic impacts), indicating proactive grid work to manage storm impacts. Xcel Energy moving equipment this weekend with impacts to traffic on I-25 near exit 243
• Neutral Sentiment: Safety outreach — Xcel and the American Red Cross published severe‑weather safety tips for customers; this is reputationally positive but not material to near‑term financials. Xcel Energy, American Red Cross offer tips to stay safe during severe weather
• Neutral Sentiment: Market performance context — commentary that XEL is outperforming the Nasdaq provides sentiment context but doesn’t change fundamentals. Is Xcel Energy stock outperforming the Nasdaq?
• Negative Sentiment: Environmental/operational risk — Xcel confirmed mineral oil leaked into the Mississippi River near the Monticello nuclear plant. Even if described as a “small amount,” the incident raises potential cleanup, regulatory and reputational costs. Xcel Energy confirms mineral oil leaked into Mississippi River near Monticello nuclear plant
• Negative Sentiment: Planned/preventive power shutoffs — Weather alerts indicate likely shutoffs that could affect tens of thousands of customers (reports cite ~43,000 at risk in Colorado), increasing short‑term customer disruption and outage-management costs. Xcel Energy: Power shutoff ‘likely’ Saturday in Boulder, Jefferson counties
• Negative Sentiment: Wider storm impacts in the Upper Midwest — Xcel warns of outages in Wisconsin and recent wind events left 20k+ Minnesota customers without power, signaling elevated storm-related operational costs across service territories. Xcel Energy warns of outages in Wisconsin amid forecasted snowstorm

Analyst Upgrades and Downgrades

XEL has been the topic of several recent analyst reports. UBS Group upgraded Xcel Energy from a “neutral” rating to a “buy” rating and raised their price objective for the company from $81.00 to $89.00 in a research note on Friday, February 13th. BTIG Research set a $94.00 target price on shares of Xcel Energy in a research note on Friday, January 30th. Argus set a $86.00 target price on shares of Xcel Energy in a report on Thursday. BMO Capital Markets reissued an “outperform” rating and set a $90.00 price target on shares of Xcel Energy in a research report on Friday, February 6th. Finally, Barclays cut their price target on shares of Xcel Energy from $85.00 to $82.00 and set an “overweight” rating on the stock in a report on Thursday, January 15th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Xcel Energy currently has an average rating of “Buy” and an average target price of $88.44.

Xcel Energy Stock Up 1.3%

Shares of NASDAQ:XEL opened at $81.91 on Friday. The company has a market capitalization of $51.10 billion, a PE ratio of 23.95, a price-to-earnings-growth ratio of 2.24 and a beta of 0.45. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.71 and a quick ratio of 0.60. The business has a fifty day moving average price of $78.41 and a two-hundred day moving average price of $77.73. Xcel Energy Inc. has a 1 year low of $65.21 and a 1 year high of $84.23.

Xcel Energy (NASDAQ:XEL) last announced its earnings results on Wednesday, February 4th. The company reported $0.96 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.96. The firm had revenue of $3.56 billion during the quarter, compared to analyst estimates of $3.77 billion. Xcel Energy had a return on equity of 10.46% and a net margin of 13.76%.The business’s revenue was up 14.1% compared to the same quarter last year. During the same period last year, the firm posted $0.81 EPS. Analysts forecast that Xcel Energy Inc. will post 3.82 earnings per share for the current year.

Xcel Energy Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 20th. Investors of record on Friday, March 13th will be issued a dividend of $0.5925 per share. This represents a $2.37 dividend on an annualized basis and a yield of 2.9%. This is a boost from Xcel Energy’s previous quarterly dividend of $0.57. The ex-dividend date is Friday, March 13th. Xcel Energy’s dividend payout ratio is 66.67%.

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.