Aberdeen Group plc Has $15.80 Million Holdings in Xcel Energy Inc. $XEL

Aberdeen Group plc trimmed its stake in Xcel Energy Inc. (NASDAQ:XEL) by 7.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 195,866 shares of the company’s stock after selling 14,830 shares during the period. Aberdeen Group plc’s holdings in Xcel Energy were worth $15,797,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Hanson & Doremus Investment Management grew its holdings in shares of Xcel Energy by 9.1% in the 3rd quarter. Hanson & Doremus Investment Management now owns 1,592 shares of the company’s stock worth $128,000 after purchasing an additional 133 shares during the last quarter. Segment Wealth Management LLC lifted its holdings in Xcel Energy by 2.2% during the 3rd quarter. Segment Wealth Management LLC now owns 6,201 shares of the company’s stock valued at $500,000 after purchasing an additional 135 shares during the last quarter. Empirical Finance LLC boosted its position in Xcel Energy by 0.7% in the second quarter. Empirical Finance LLC now owns 19,196 shares of the company’s stock valued at $1,307,000 after buying an additional 140 shares in the last quarter. Warwick Investment Management Inc. grew its stake in Xcel Energy by 2.9% during the third quarter. Warwick Investment Management Inc. now owns 4,970 shares of the company’s stock worth $401,000 after buying an additional 140 shares during the last quarter. Finally, CENTRAL TRUST Co increased its holdings in shares of Xcel Energy by 1.7% during the second quarter. CENTRAL TRUST Co now owns 8,315 shares of the company’s stock worth $566,000 after buying an additional 142 shares in the last quarter. 78.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently commented on XEL. BTIG Research set a $94.00 target price on Xcel Energy in a report on Friday, January 30th. JPMorgan Chase & Co. cut their price objective on Xcel Energy from $90.00 to $87.00 and set an “overweight” rating for the company in a research report on Thursday, December 11th. Citigroup increased their target price on Xcel Energy from $80.00 to $92.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Royal Bank Of Canada restated an “outperform” rating and issued a $95.00 target price on shares of Xcel Energy in a research note on Friday, January 23rd. Finally, Morgan Stanley reiterated an “underperform” rating on shares of Xcel Energy in a research report on Wednesday, January 21st. Three investment 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. According to data from MarketBeat, Xcel Energy presently has a consensus rating of “Buy” and a consensus target price of $88.13.

Xcel Energy Stock Performance

Shares of NASDAQ:XEL opened at $79.68 on Thursday. 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 1-year low of $65.21 and a 1-year high of $83.01. The stock has a market capitalization of $47.13 billion, a P/E ratio of 23.30, a P/E/G ratio of 2.21 and a beta of 0.46. The business has a 50-day moving average price of $75.54 and a two-hundred day moving average price of $76.60.

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

Xcel Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders of record on Monday, December 29th were given a dividend of $0.57 per share. The ex-dividend date was Monday, December 29th. This represents a $2.28 annualized dividend and a dividend yield of 2.9%. Xcel Energy’s payout ratio is presently 66.67%.

Xcel Energy 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.