Caprock Group LLC Invests $1.06 Million in Xcel Energy Inc. $XEL

Caprock Group LLC bought 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 and Exchange Commission. The firm bought 13,107 shares of the company’s stock, valued at approximately $1,057,000.

Several other hedge funds have also added to or reduced their stakes in the business. Balyasny Asset Management L.P. lifted its holdings in shares of Xcel Energy by 2,324.9% during the second quarter. Balyasny Asset Management L.P. now owns 1,716,351 shares of the company’s stock valued at $116,884,000 after purchasing an additional 1,645,571 shares during the last quarter. VCI Wealth Management LLC bought a new position in Xcel Energy during the 3rd quarter valued at approximately $1,176,000. Apollon Wealth Management LLC raised its stake in Xcel Energy by 94.0% during the third quarter. Apollon Wealth Management LLC now owns 31,131 shares of the company’s stock valued at $2,511,000 after buying an additional 15,083 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S raised its stake in Xcel Energy by 86.6% during the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 41,406 shares of the company’s stock valued at $3,339,000 after buying an additional 19,214 shares during the last quarter. Finally, Jump Financial LLC bought a new stake in Xcel Energy in the second quarter worth $9,196,000. 78.38% of the stock is owned by institutional investors.

Xcel Energy Trading Up 3.3%

Shares of NASDAQ:XEL opened at $81.59 on Monday. The stock’s 50-day simple moving average is $75.22 and its two-hundred day simple moving average is $76.47. The stock has a market capitalization of $48.26 billion, a price-to-earnings ratio of 23.86, a PEG ratio of 2.23 and a beta of 0.45. Xcel Energy Inc. has a 52-week low of $65.21 and a 52-week high of $83.01. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.69 and a current ratio of 0.79.

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 net margin of 13.76% and a return on equity of 10.83%. The firm had revenue of $3.56 billion for the quarter, compared to analysts’ expectations of $3.77 billion. During the same quarter in the prior year, the business earned $0.81 EPS. The business’s quarterly revenue was up 14.1% on a year-over-year basis. Xcel Energy has set its FY 2026 guidance at 4.040-4.160 EPS. Analysts expect that Xcel Energy Inc. will post 3.82 EPS for the current year.

Xcel Energy Dividend Announcement

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

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on XEL. Argus upgraded Xcel Energy to a “strong-buy” rating in a report on Wednesday, December 3rd. Citigroup raised their price objective on shares of Xcel Energy from $80.00 to $92.00 and gave the company a “buy” rating in a research note on Monday, November 3rd. Morgan Stanley reiterated an “underperform” rating on shares of Xcel Energy in a research note on Wednesday, January 21st. Barclays reduced their price target on shares of Xcel Energy from $85.00 to $82.00 and set an “overweight” rating for the company in a research report on Thursday, January 15th. Finally, BTIG Research set a $94.00 price objective on Xcel Energy in a research report on Friday, January 30th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $88.13.

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.