Citigroup Inc. Acquires 1,160,205 Shares of Xcel Energy Inc. $XEL

Citigroup Inc. lifted its holdings in shares of Xcel Energy Inc. (NASDAQ:XEL) by 135.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,017,717 shares of the company’s stock after purchasing an additional 1,160,205 shares during the period. Citigroup Inc. owned 0.34% of Xcel Energy worth $162,729,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of XEL. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Xcel Energy in the 2nd quarter valued at about $25,000. ORG Partners LLC boosted its holdings in Xcel Energy by 168.4% in the third quarter. ORG Partners LLC now owns 314 shares of the company’s stock valued at $25,000 after acquiring an additional 197 shares during the last quarter. Clearstead Trust LLC increased its position in Xcel Energy by 202.2% during the 2nd quarter. Clearstead Trust LLC now owns 417 shares of the company’s stock valued at $28,000 after purchasing an additional 279 shares during the period. First Command Advisory Services Inc. bought a new position in Xcel Energy during the 3rd quarter worth approximately $32,000. Finally, Collier Financial acquired a new position in shares of Xcel Energy in the 3rd quarter worth approximately $38,000. Institutional investors own 78.38% of the company’s stock.

Xcel Energy Stock Performance

Shares of Xcel Energy stock opened at $81.55 on Friday. The business has a 50-day simple moving average of $75.79 and a 200 day simple moving average of $76.70. Xcel Energy Inc. has a one year low of $65.21 and a one year high of $83.01. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.79 and a quick ratio of 0.69. The firm has a market capitalization of $48.24 billion, a price-to-earnings ratio of 23.85, a PEG ratio of 2.23 and a beta of 0.46.

Xcel Energy (NASDAQ:XEL) last announced its quarterly earnings results on Thursday, February 5th. The company reported $0.96 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.96. The business had revenue of $3.56 billion for 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 quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.81 earnings per share. Xcel Energy has set its FY 2026 guidance at 4.040-4.160 EPS. On average, research analysts anticipate that Xcel Energy Inc. will post 3.82 earnings per share for the current fiscal year.

Xcel Energy Announces Dividend

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

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. JPMorgan Chase & Co. decreased their price objective 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. Mizuho set a $86.00 price target on Xcel Energy in a report on Friday, January 9th. Citigroup boosted their price objective on Xcel Energy from $80.00 to $92.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Royal Bank Of Canada restated an “outperform” rating and set a $95.00 target price on shares of Xcel Energy in a research report on Friday, January 23rd. Finally, Morgan Stanley set a $91.00 target price on Xcel Energy in a report on Friday. Three analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $88.60.

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.