Zions Bancorporation National Association UT Has $9.35 Million Position in Xcel Energy Inc. $XEL

Zions Bancorporation National Association UT lessened its holdings in Xcel Energy Inc. (NASDAQ:XEL) by 14.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 115,930 shares of the company’s stock after selling 18,918 shares during the quarter. Zions Bancorporation National Association UT’s holdings in Xcel Energy were worth $9,350,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new position in shares of Xcel Energy during the fourth quarter worth $240,000. Empowered Funds LLC raised its position in Xcel Energy by 30.7% during the 1st quarter. Empowered Funds LLC now owns 13,810 shares of the company’s stock worth $978,000 after purchasing an additional 3,242 shares during the last quarter. Woodline Partners LP lifted its holdings in Xcel Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 48,515 shares of the company’s stock worth $3,434,000 after buying an additional 14,029 shares during the period. TD Asset Management Inc grew its position in shares of Xcel Energy by 2.5% in the 2nd quarter. TD Asset Management Inc now owns 231,099 shares of the company’s stock valued at $15,738,000 after buying an additional 5,705 shares during the last quarter. Finally, Mutual Advisors LLC grew its position in shares of Xcel Energy by 5.8% in the 2nd quarter. Mutual Advisors LLC now owns 3,114 shares of the company’s stock valued at $226,000 after buying an additional 172 shares during the last quarter. 78.38% of the stock is owned by institutional investors.

Xcel Energy Stock Up 3.3%

Shares of NASDAQ XEL opened at $81.59 on Monday. 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 firm has a market cap of $48.26 billion, a PE ratio of 23.86, a P/E/G ratio of 2.23 and a beta of 0.45. The company’s fifty day simple moving average is $75.22 and its 200 day simple moving average is $76.47. Xcel Energy Inc. has a 12-month low of $65.21 and a 12-month high of $83.01.

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

Xcel Energy Announces Dividend

The company 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 was Monday, December 29th. This represents a $2.28 annualized dividend and a yield of 2.8%. Xcel Energy’s dividend payout ratio is presently 66.67%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on XEL shares. BTIG Research set a $94.00 price objective on Xcel Energy in a research note on Friday, January 30th. Morgan Stanley restated an “underperform” rating on shares of Xcel Energy in a report on Wednesday, January 21st. Citigroup boosted their price target on shares of Xcel Energy from $80.00 to $92.00 and gave the stock a “buy” rating in a research report on Monday, November 3rd. Mizuho set a $86.00 price objective on shares of Xcel Energy in a research report on Friday, January 9th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $95.00 target price on shares of Xcel Energy in a report on Friday, January 23rd. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $88.13.

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.