Caprock Group LLC Makes New $1.06 Million Investment in Xcel Energy Inc. $XEL

Caprock Group LLC purchased a new stake in shares of Xcel Energy Inc. (NASDAQ:XEL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 13,107 shares of the company’s stock, valued at approximately $1,057,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of XEL. State Street Corp lifted its stake in shares of Xcel Energy by 0.4% during the 2nd quarter. State Street Corp now owns 34,144,257 shares of the company’s stock valued at $2,344,295,000 after buying an additional 126,790 shares in the last quarter. Bank of America Corp DE increased its stake in 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 worth $1,788,448,000 after buying an additional 2,157,602 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in Xcel Energy by 4.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 19,526,873 shares of the company’s stock valued at $1,574,842,000 after acquiring an additional 807,353 shares during the period. Geode Capital Management LLC lifted its position in shares of Xcel Energy by 2.9% in the second quarter. Geode Capital Management LLC now owns 16,191,204 shares of the company’s stock valued at $1,108,006,000 after acquiring an additional 460,103 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Xcel Energy by 29.0% in the second quarter. Invesco Ltd. now owns 7,366,422 shares of the company’s stock worth $501,653,000 after acquiring an additional 1,654,505 shares during the period. 78.38% of the stock is owned by hedge funds and other institutional investors.

Xcel Energy Stock Up 3.3%

Shares of NASDAQ XEL opened at $81.59 on Monday. The company has a current ratio of 0.79, a quick ratio of 0.69 and a debt-to-equity ratio of 1.51. Xcel Energy Inc. has a 12-month low of $65.21 and a 12-month high of $83.01. The firm’s 50-day moving average price is $75.22 and its 200-day moving average price is $76.47. The stock has a market capitalization of $48.26 billion, a price-to-earnings ratio of 23.86, a P/E/G ratio of 2.23 and a beta of 0.45.

Xcel Energy (NASDAQ:XEL) last issued its quarterly earnings data on Thursday, February 5th. The company reported $0.96 earnings per share for the quarter, hitting the consensus estimate of $0.96. Xcel Energy had a return on equity of 10.83% and a net margin of 13.76%.The company had revenue of $3.56 billion for the quarter, compared to analysts’ expectations of $3.77 billion. During the same period in the previous year, the firm posted $0.81 earnings per share. The firm’s revenue for the quarter was up 14.1% on a year-over-year basis. Xcel Energy has set its FY 2026 guidance at 4.040-4.160 EPS. On average, equities research analysts anticipate that Xcel Energy Inc. will post 3.82 EPS for the current fiscal year.

Xcel Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 20th. Investors of record on Monday, December 29th were given a $0.57 dividend. The ex-dividend date was Monday, December 29th. This represents a $2.28 dividend on an annualized basis and a yield of 2.8%. Xcel Energy’s dividend payout ratio (DPR) is currently 66.67%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on XEL shares. Mizuho set a $86.00 target price on Xcel Energy in a research note on Friday, January 9th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $95.00 price objective on shares of Xcel Energy in a report on Friday, January 23rd. BTIG Research set a $94.00 target price on shares of Xcel Energy in a report on Friday, January 30th. JPMorgan Chase & Co. dropped their target price on shares of Xcel Energy from $90.00 to $87.00 and set an “overweight” rating for the company in a research report on Thursday, December 11th. Finally, Barclays reduced their price target on shares of Xcel Energy from $85.00 to $82.00 and set an “overweight” rating on the stock in a report on Thursday, January 15th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price 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.