Public Employees Retirement System of Ohio Sells 8,565 Shares of Xcel Energy Inc. $XEL

Public Employees Retirement System of Ohio lowered its stake in Xcel Energy Inc. (NASDAQ:XEL) by 2.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 296,075 shares of the company’s stock after selling 8,565 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Xcel Energy were worth $23,520,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of XEL. Evolution Wealth Management Inc. boosted its holdings in Xcel Energy by 365.3% in the first quarter. Evolution Wealth Management Inc. now owns 349 shares of the company’s stock worth $28,000 after acquiring an additional 274 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new stake in Xcel Energy during the 4th quarter valued at $30,000. Pittenger & Anderson Inc. raised its holdings in Xcel Energy by 73.8% during the fourth quarter. Pittenger & Anderson Inc. now owns 471 shares of the company’s stock worth $35,000 after buying an additional 200 shares during the last quarter. Cedar Mountain Advisors LLC acquired a new position in Xcel Energy during the first quarter worth $39,000. Finally, Measured Wealth Private Client Group LLC bought a new position in shares of Xcel Energy in the third quarter valued at $42,000. 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: 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.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on XEL. Barclays lifted their price objective on shares of Xcel Energy from $87.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, July 9th. JPMorgan Chase & Co. lifted their price objective on shares of Xcel Energy from $91.00 to $102.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Truist Financial upped their target price on shares of Xcel Energy from $92.00 to $94.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. Jefferies Financial Group set a $101.00 target price on shares of Xcel Energy in a report on Tuesday, July 7th. Finally, New Street Research set a $91.00 price target on shares of Xcel Energy in a research report on Tuesday, June 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Xcel Energy has an average rating of “Buy” and an average target price of $92.65.

Xcel Energy Stock Up 1.1%

XEL stock opened at $81.67 on Friday. The stock’s fifty day simple moving average is $79.59 and its two-hundred day simple moving average is $79.26. The company has a current ratio of 0.77, a quick ratio of 0.68 and a debt-to-equity ratio of 1.45. Xcel Energy Inc. has a 1-year low of $69.16 and a 1-year high of $84.23. The stock has a market cap of $50.98 billion, a P/E ratio of 23.54, a P/E/G ratio of 2.12 and a beta of 0.39.

Xcel Energy (NASDAQ:XEL) last announced its earnings results on Wednesday, April 29th. The company reported $0.91 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.91. The firm had revenue of $4.02 billion during the quarter, compared to analyst estimates of $4.21 billion. Xcel Energy had a return on equity of 10.37% and a net margin of 14.14%.The business’s revenue was up 2.9% compared to the same quarter last year. During the same period last year, the firm posted $0.84 EPS. Analysts expect that Xcel Energy Inc. will post 4.11 EPS for the current year.

Xcel Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Monday, June 15th were given 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 payout ratio is currently 68.30%.

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.