Xcel Energy Inc. $XEL Shares Sold by SummitTX Capital L.P.

SummitTX Capital L.P. reduced its position in Xcel Energy Inc. (NASDAQ:XEL) by 28.7% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 203,625 shares of the company’s stock after selling 82,141 shares during the period. Xcel Energy accounts for about 0.5% of SummitTX Capital L.P.’s holdings, making the stock its 27th largest holding. SummitTX Capital L.P.’s holdings in Xcel Energy were worth $16,176,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. raised its holdings in shares of Xcel Energy by 365.3% in the 1st quarter. Evolution Wealth Management Inc. now owns 349 shares of the company’s stock worth $28,000 after purchasing an additional 274 shares during the period. Garton & Associates Financial Advisors LLC acquired a new position in Xcel Energy during the fourth quarter valued at approximately $30,000. Pittenger & Anderson Inc. lifted its position in Xcel Energy by 73.8% during the fourth quarter. Pittenger & Anderson Inc. now owns 471 shares of the company’s stock valued at $35,000 after buying an additional 200 shares in the last quarter. Advocate Investing Services LLC purchased a new stake in Xcel Energy during the fourth quarter worth approximately $38,000. Finally, Cedar Mountain Advisors LLC acquired a new stake in shares of Xcel Energy in the first quarter worth $39,000. Hedge funds and other institutional investors own 78.38% of the company’s stock.

Key Headlines Impacting Xcel Energy

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.

Analyst Ratings Changes

A number of research analysts have commented on the company. Truist Financial boosted their price objective on Xcel Energy from $92.00 to $94.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. Barclays boosted their target price on shares of Xcel Energy from $87.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, July 9th. BMO Capital Markets decreased their target price on shares of Xcel Energy from $95.00 to $92.00 and set an “outperform” rating for the company in a research note on Wednesday. KeyCorp reaffirmed an “overweight” rating on shares of Xcel Energy in a report on Monday, June 8th. Finally, BTIG Research reiterated a “buy” rating and issued a $98.00 price objective on shares of Xcel Energy in a report on Friday, June 26th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $92.65.

Xcel Energy Price Performance

XEL stock opened at $81.67 on Monday. The stock’s 50 day moving average is $79.59 and its two-hundred day moving average is $79.29. Xcel Energy Inc. has a 52-week low of $69.16 and a 52-week high of $84.23. The company has a market capitalization of $50.98 billion, a PE ratio of 23.54, a P/E/G ratio of 2.12 and a beta of 0.39. 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 released its earnings results on Wednesday, April 29th. The company reported $0.91 EPS for the quarter, meeting the consensus estimate of $0.91. Xcel Energy had a return on equity of 10.37% and a net margin of 14.14%.The company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $4.21 billion. During the same period in the prior year, the business posted $0.84 EPS. The business’s revenue was up 2.9% on a year-over-year basis. Analysts predict that Xcel Energy Inc. will post 4.11 earnings per share for the current fiscal year.

Xcel Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 20th. Investors of record on Monday, June 15th were issued a $0.5925 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.37 annualized dividend and a yield of 2.9%. Xcel Energy’s dividend payout ratio is currently 68.30%.

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.