California Public Employees Retirement System Sells 364,521 Shares of Xcel Energy Inc. $XEL

California Public Employees Retirement System lowered its holdings in Xcel Energy Inc. (NASDAQ:XEL) by 16.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,801,570 shares of the company’s stock after selling 364,521 shares during the quarter. California Public Employees Retirement System’s holdings in Xcel Energy were worth $145,297,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Quadrant Capital Group LLC increased its stake in shares of Xcel Energy by 1.7% during the third quarter. Quadrant Capital Group LLC now owns 7,358 shares of the company’s stock valued at $593,000 after buying an additional 125 shares during the period. TIAA Trust National Association lifted its stake in Xcel Energy by 1.0% in the third quarter. TIAA Trust National Association now owns 12,683 shares of the company’s stock worth $1,022,000 after acquiring an additional 126 shares during the period. Hanson & Doremus Investment Management boosted its holdings in Xcel Energy by 9.1% in the third quarter. Hanson & Doremus Investment Management now owns 1,592 shares of the company’s stock valued at $128,000 after acquiring an additional 133 shares in the last quarter. Segment Wealth Management LLC boosted its holdings in Xcel Energy by 2.2% in the third quarter. Segment Wealth Management LLC now owns 6,201 shares of the company’s stock valued at $500,000 after acquiring an additional 135 shares in the last quarter. Finally, Empirical Finance LLC increased its position in Xcel Energy by 0.7% during the 2nd quarter. Empirical Finance LLC now owns 19,196 shares of the company’s stock valued at $1,307,000 after purchasing an additional 140 shares during the period. 78.38% of the stock is currently owned by institutional investors.

Xcel Energy Stock Performance

Shares of XEL stock opened at $81.91 on Monday. Xcel Energy Inc. has a 12 month low of $65.21 and a 12 month high of $84.23. The stock has a market cap of $51.10 billion, a PE ratio of 23.95, a price-to-earnings-growth ratio of 2.24 and a beta of 0.45. The company has a current ratio of 0.71, a quick ratio of 0.60 and a debt-to-equity ratio of 1.35. The company’s fifty day moving average price is $78.41 and its 200-day moving average price is $77.76.

Xcel Energy (NASDAQ:XEL) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $0.96 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.96. Xcel Energy had a net margin of 13.76% and a return on equity of 10.46%. The company had revenue of $3.56 billion during the quarter, compared to analyst estimates of $3.77 billion. During the same period last year, the business earned $0.81 EPS. Xcel Energy’s quarterly revenue was up 14.1% compared to the same quarter last year. On average, equities analysts expect that Xcel Energy Inc. will post 3.82 EPS for the current fiscal year.

Xcel Energy Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 20th. Shareholders of record on Friday, March 13th will be paid a dividend of $0.5925 per share. This is a positive change from Xcel Energy’s previous quarterly dividend of $0.57. This represents a $2.37 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, March 13th. Xcel Energy’s payout ratio is 69.30%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on XEL shares. Royal Bank Of Canada restated an “outperform” rating and issued a $95.00 price objective on shares of Xcel Energy in a report on Friday, January 23rd. Argus set a $86.00 price target on shares of Xcel Energy in a research report on Thursday. BTIG Research set a $94.00 price target on shares of Xcel Energy in a research note on Friday, January 30th. KeyCorp decreased their price target on shares of Xcel Energy from $85.00 to $84.00 and set an “overweight” rating for the company in a research note on Friday, December 12th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $90.00 price objective on shares of Xcel Energy in a research report on Friday, February 6th. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Xcel Energy currently has an average rating of “Buy” and a consensus price target of $88.44.

Key Xcel Energy News

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

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.