Janus Henderson Group PLC Decreases Holdings in Xcel Energy Inc. $XEL

Janus Henderson Group PLC reduced its stake in Xcel Energy Inc. (NASDAQ:XEL) by 10.7% in the 1st quarter, Holdings Channel reports. The firm owned 1,163,008 shares of the company’s stock after selling 139,206 shares during the quarter. Janus Henderson Group PLC’s holdings in Xcel Energy were worth $92,387,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Bull Harbor Capital LLC acquired a new position in shares of Xcel Energy during the first quarter worth about $710,000. Strategic Investment Advisors MI purchased a new stake in shares of Xcel Energy during the 1st quarter valued at about $779,000. IFS Group LLC purchased a new stake in shares of Xcel Energy during the 1st quarter valued at about $222,000. Altshuler Shaham Ltd lifted its position in Xcel Energy by 13.7% during the 1st quarter. Altshuler Shaham Ltd now owns 12,337 shares of the company’s stock worth $980,000 after acquiring an additional 1,489 shares in the last quarter. Finally, Amundi lifted its position in Xcel Energy by 97.2% during the 1st quarter. Amundi now owns 2,212,376 shares of the company’s stock worth $175,751,000 after acquiring an additional 1,090,291 shares in the last quarter. 78.38% of the stock is owned by hedge funds and other institutional investors.

Xcel Energy Stock Down 0.0%

XEL stock opened at $78.20 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.68 and a debt-to-equity ratio of 1.45. The firm has a 50 day simple moving average of $79.54 and a 200-day simple moving average of $79.44. The company has a market capitalization of $48.82 billion, a P/E ratio of 21.42, a PEG ratio of 2.06 and a beta of 0.39. Xcel Energy Inc. has a twelve month low of $69.16 and a twelve month high of $84.23.

Xcel Energy (NASDAQ:XEL) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.14. Xcel Energy had a net margin of 15.28% and a return on equity of 10.79%. The firm had revenue of $3.12 billion for the quarter, compared to analysts’ expectations of $3.54 billion. During the same period in the prior year, the company posted $1.59 earnings per share. The firm’s quarterly revenue was down 5.1% on a year-over-year basis. On average, equities research analysts predict that Xcel Energy Inc. will post 4.05 earnings per share for the current fiscal year.

Xcel Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Tuesday, September 15th will be given a $0.5925 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.37 annualized dividend and a dividend yield of 3.0%. Xcel Energy’s payout ratio is presently 64.93%.

Key Headlines Impacting Xcel Energy

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

• Positive Sentiment: Quarterly earnings exceeded expectations. Xcel reported second-quarter GAAP and ongoing earnings of $0.93 per share, up from $0.75 a year earlier and above the $0.79 analyst consensus. Results benefited from increased recovery of infrastructure investments and lower power costs. Xcel Energy Second Quarter 2026 Earnings Report
• Positive Sentiment: Management reaffirmed 2026 guidance and outlined strong longer-term growth. Xcel maintained its ongoing EPS forecast of $4.04 to $4.16 for 2026 and projected average EPS growth of more than 9% through 2030, supported by utility infrastructure investment and regulatory recovery. Xcel outlines 9 percent average EPS growth through 2030
• Positive Sentiment: Income investors continue to receive a meaningful yield. Xcel declared a quarterly dividend of $0.5925 per share, equivalent to an annualized yield of approximately 3.0%, with payment scheduled for October 20 to eligible shareholders. Xcel Energy dividend announcement
• Neutral Sentiment: Analyst commentary focused on Xcel’s utility outlook and valuation. Recent analyst coverage compared Xcel with WEC Energy Group, offering investors updated perspectives on regulated utility growth, capital spending and expected returns. Analysts offer insights on utilities companies
• Negative Sentiment: Revenue missed expectations. Second-quarter revenue was $3.12 billion, below the $3.55 billion consensus and down 5.1% year over year. The earnings beat was therefore driven primarily by cost and recovery factors rather than stronger top-line growth. Xcel Q2 earnings beat estimates

Analyst Upgrades and Downgrades

Several analysts have issued reports on XEL shares. Evercore reaffirmed an “outperform” rating and issued a $96.00 price objective on shares of Xcel Energy in a research report on Monday, May 4th. JPMorgan Chase & Co. boosted 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. BTIG Research restated a “buy” rating and issued a $99.00 target price on shares of Xcel Energy in a research note on Friday. Morgan Stanley set a $89.00 price target on shares of Xcel Energy in a report on Wednesday, June 24th. Finally, UBS Group lifted their price target on shares of Xcel Energy from $89.00 to $91.00 and gave the stock a “buy” rating in a research note on Monday, April 20th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Xcel Energy currently has an average rating of “Buy” and an average target price of $92.76.

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.