Illinois Municipal Retirement Fund Sells 36,761 Shares of Xcel Energy Inc. $XEL

Illinois Municipal Retirement Fund reduced its stake in Xcel Energy Inc. (NASDAQ:XEL) by 25.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 110,568 shares of the company’s stock after selling 36,761 shares during the period. Illinois Municipal Retirement Fund’s holdings in Xcel Energy were worth $8,917,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Twin Peaks Wealth Advisors LLC acquired a new stake in Xcel Energy in the 2nd quarter valued at $25,000. ORG Partners LLC raised its stake in Xcel Energy by 168.4% during the third quarter. ORG Partners LLC now owns 314 shares of the company’s stock worth $25,000 after acquiring an additional 197 shares in the last quarter. Clearstead Trust LLC lifted its holdings in shares of Xcel Energy by 202.2% during the second quarter. Clearstead Trust LLC now owns 417 shares of the company’s stock valued at $28,000 after acquiring an additional 279 shares during the period. First Command Advisory Services Inc. bought a new position in shares of Xcel Energy during the third quarter valued at $32,000. Finally, Collier Financial acquired a new stake in shares of Xcel Energy in the 3rd quarter valued at $38,000. 78.38% of the stock is owned by institutional investors and hedge funds.

Xcel Energy Trading Up 3.3%

XEL stock opened at $81.59 on Friday. The company has a quick ratio of 0.69, a current ratio of 0.79 and a debt-to-equity ratio of 1.51. Xcel Energy Inc. has a twelve month low of $65.21 and a twelve month high of $83.01. The company has a market cap of $48.26 billion, a P/E ratio of 23.86, a PEG ratio of 2.16 and a beta of 0.46. The business has a fifty day moving average of $75.22 and a 200-day moving average of $76.42.

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

Xcel Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 20th. Shareholders of record on Monday, December 29th were paid a $0.57 dividend. The ex-dividend date of this dividend 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 presently 66.67%.

Analysts Set New Price Targets

A number of research firms have commented on XEL. Citigroup boosted their price target on shares of Xcel Energy from $80.00 to $92.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Mizuho set a $86.00 target price on shares of Xcel Energy in a research note on Friday, January 9th. Argus upgraded Xcel Energy to a “strong-buy” rating in a research report on Wednesday, December 3rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Xcel Energy in a report on Wednesday, January 21st. Finally, Barclays reduced their price objective on Xcel Energy from $85.00 to $82.00 and set an “overweight” rating on the stock in a research note on Thursday, January 15th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $88.13.

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.