Siemens Fonds Invest GmbH increased its position in shares of Xcel Energy Inc. (NASDAQ:XEL – Free Report) by 24.1% during the third quarter, Holdings Channel reports. The institutional investor owned 49,275 shares of the company’s stock after buying an additional 9,563 shares during the quarter. Siemens Fonds Invest GmbH’s holdings in Xcel Energy were worth $3,974,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in XEL. Vanguard Group Inc. lifted its stake in Xcel Energy by 2.7% in the third quarter. Vanguard Group Inc. now owns 76,725,720 shares of the company’s stock worth $6,187,929,000 after acquiring an additional 2,001,018 shares during the last quarter. State Street Corp increased its position in shares of Xcel Energy by 0.4% in the 2nd quarter. State Street Corp now owns 34,144,257 shares of the company’s stock valued at $2,344,295,000 after purchasing an additional 126,790 shares during the last quarter. Bank of America Corp DE increased its position in shares of Xcel Energy by 9.0% in the 2nd quarter. Bank of America Corp DE now owns 26,262,079 shares of the company’s stock valued at $1,788,448,000 after purchasing an additional 2,157,602 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Xcel Energy by 4.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 21,026,015 shares of the company’s stock valued at $1,695,748,000 after purchasing an additional 831,639 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Xcel Energy by 4.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 19,526,873 shares of the company’s stock worth $1,574,842,000 after purchasing an additional 807,353 shares during the last quarter. Institutional investors and hedge funds 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: Analysts maintain a favorable view — XEL recently received an average “Buy” rating from analysts, which supports investor confidence. Xcel Energy Inc. (NASDAQ:XEL) Receives Average Rating of “Buy” from Analysts
- Positive Sentiment: Storm-response readiness highlighted — Xcel says crews are staged and ready to respond to outages from the winter storm, which reduces operational risk and limits potential outage duration. Workers ready to respond to outages during winter storm, Xcel Energy says
- Positive Sentiment: Planned logistics/maintenance underway — Xcel is moving equipment this weekend (with some traffic impacts), indicating proactive grid work to manage storm impacts. Xcel Energy moving equipment this weekend with impacts to traffic on I-25 near exit 243
- Neutral Sentiment: Safety outreach — Xcel and the American Red Cross published severe‑weather safety tips for customers; this is reputationally positive but not material to near‑term financials. Xcel Energy, American Red Cross offer tips to stay safe during severe weather
- Neutral Sentiment: Market performance context — commentary that XEL is outperforming the Nasdaq provides sentiment context but doesn’t change fundamentals. Is Xcel Energy stock outperforming the Nasdaq?
- Negative Sentiment: Environmental/operational risk — Xcel confirmed mineral oil leaked into the Mississippi River near the Monticello nuclear plant. Even if described as a “small amount,” the incident raises potential cleanup, regulatory and reputational costs. Xcel Energy confirms mineral oil leaked into Mississippi River near Monticello nuclear plant
- Negative Sentiment: Planned/preventive power shutoffs — Weather alerts indicate likely shutoffs that could affect tens of thousands of customers (reports cite ~43,000 at risk in Colorado), increasing short‑term customer disruption and outage-management costs. Xcel Energy: Power shutoff ‘likely’ Saturday in Boulder, Jefferson counties
- Negative Sentiment: Wider storm impacts in the Upper Midwest — Xcel warns of outages in Wisconsin and recent wind events left 20k+ Minnesota customers without power, signaling elevated storm-related operational costs across service territories. Xcel Energy warns of outages in Wisconsin amid forecasted snowstorm
Analyst Ratings Changes
Get Our Latest Stock Analysis on XEL
Xcel Energy Trading Up 1.3%
NASDAQ XEL opened at $81.91 on Friday. The firm’s fifty day moving average price is $78.41 and its 200 day moving average price is $77.69. Xcel Energy Inc. has a 12 month low of $65.21 and a 12 month high of $84.23. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.71 and a quick ratio of 0.60. The company has a market capitalization of $51.10 billion, a price-to-earnings ratio of 23.95, a price-to-earnings-growth ratio of 2.21 and a beta of 0.45.
Xcel Energy (NASDAQ:XEL – Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.96 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.96. Xcel Energy had a net margin of 13.76% and a return on equity of 10.46%. The firm had revenue of $3.56 billion during the quarter, compared to analysts’ expectations of $3.77 billion. During the same period in the previous year, the company earned $0.81 earnings per share. Xcel Energy’s quarterly revenue was up 14.1% compared to the same quarter last year. On average, sell-side analysts expect that Xcel Energy Inc. will post 3.82 earnings per share for the current fiscal year.
Xcel Energy Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, April 20th. Stockholders of record on Friday, March 13th will be issued a $0.5925 dividend. This represents a $2.37 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, March 13th. This is an increase from Xcel Energy’s previous quarterly dividend of $0.57. Xcel Energy’s dividend payout ratio (DPR) is presently 66.67%.
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.
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