SCP Investment LP Decreases Position in Xcel Energy Inc. $XEL

SCP Investment LP trimmed its holdings in shares of Xcel Energy Inc. (NASDAQ:XEL) by 62.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,800 shares of the company’s stock after selling 8,000 shares during the period. SCP Investment LP’s holdings in Xcel Energy were worth $387,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of XEL. Hanson & Doremus Investment Management grew its position in Xcel Energy by 9.1% during the 3rd quarter. Hanson & Doremus Investment Management now owns 1,592 shares of the company’s stock worth $128,000 after acquiring an additional 133 shares during the last quarter. Segment Wealth Management LLC lifted its position in Xcel Energy by 2.2% in the third quarter. Segment Wealth Management LLC now owns 6,201 shares of the company’s stock valued at $500,000 after purchasing an additional 135 shares during the last quarter. Empirical Finance LLC boosted its stake in shares of Xcel Energy by 0.7% during the second quarter. Empirical Finance LLC now owns 19,196 shares of the company’s stock valued at $1,307,000 after purchasing an additional 140 shares during the period. Warwick Investment Management Inc. grew its holdings in shares of Xcel Energy by 2.9% in the third quarter. Warwick Investment Management Inc. now owns 4,970 shares of the company’s stock worth $401,000 after purchasing an additional 140 shares during the last quarter. Finally, CENTRAL TRUST Co grew its holdings in shares of Xcel Energy by 1.7% in the second quarter. CENTRAL TRUST Co now owns 8,315 shares of the company’s stock worth $566,000 after purchasing an additional 142 shares during the last quarter. Hedge funds and other institutional investors own 78.38% of the company’s stock.

Xcel Energy Price Performance

Shares of XEL stock opened at $80.75 on Wednesday. The business’s fifty day moving average is $75.44 and its 200 day moving average is $76.58. The company has a quick ratio of 0.69, a current ratio of 0.79 and a debt-to-equity ratio of 1.51. The stock has a market cap of $47.77 billion, a price-to-earnings ratio of 23.61, a PEG ratio of 2.23 and a beta of 0.46. Xcel Energy Inc. has a twelve month low of $65.21 and a twelve month high of $83.01.

Xcel Energy (NASDAQ:XEL) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.96 EPS for the quarter, meeting the consensus estimate of $0.96. The business 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 10.83% and a net margin of 13.76%.The company’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.81 earnings per share. Xcel Energy has set its FY 2026 guidance at 4.040-4.160 EPS. Research analysts expect that Xcel Energy Inc. will post 3.82 EPS for the current fiscal year.

Xcel Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders of record on Monday, December 29th were issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Monday, December 29th. Xcel Energy’s dividend payout ratio is 66.67%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on XEL shares. Barclays lowered their price target 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. BTIG Research set a $94.00 price objective on shares of Xcel Energy in a research note on Friday, January 30th. Morgan Stanley reissued an “underperform” rating on shares of Xcel Energy in a research note on Wednesday, January 21st. Argus raised Xcel Energy to a “strong-buy” rating in a research report on Wednesday, December 3rd. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Xcel Energy in a report on Wednesday, January 21st. Three research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $88.13.

Xcel Energy 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.