Bank of America Corp DE Has $2.33 Billion Stock Holdings in Xcel Energy Inc. $XEL

Bank of America Corp DE lifted its holdings in shares of Xcel Energy Inc. (NASDAQ:XEL) by 9.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 28,851,485 shares of the company’s stock after acquiring an additional 2,589,406 shares during the period. Bank of America Corp DE owned approximately 4.88% of Xcel Energy worth $2,326,872,000 as of its most recent filing with the SEC.

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

Xcel Energy Stock Performance

Xcel Energy stock opened at $81.91 on Monday. The company has a market cap of $51.10 billion, a PE ratio of 23.95, a PEG 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. Xcel Energy Inc. has a 1 year low of $65.21 and a 1 year high of $84.23. The company’s 50-day moving average is $78.41 and its two-hundred day moving average is $77.76.

Xcel Energy (NASDAQ:XEL) last issued its quarterly earnings results on Wednesday, February 4th. 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 10.46%. 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. Equities analysts anticipate that Xcel Energy Inc. will post 3.82 earnings per share for the current year.

Xcel Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 20th. Stockholders of record on Friday, March 13th will be given a $0.5925 dividend. The ex-dividend date is Friday, March 13th. This represents a $2.37 annualized dividend and a dividend yield of 2.9%. This is an increase from Xcel Energy’s previous quarterly dividend of $0.57. Xcel Energy’s dividend payout ratio is 69.30%.

Wall Street Analysts Forecast Growth

XEL has been the subject of a number of recent research reports. BMO Capital Markets reissued an “outperform” rating and issued a $90.00 target price on shares of Xcel Energy in a report on Friday, February 6th. Morgan Stanley set a $91.00 price target on Xcel Energy in a research note on Friday, February 20th. UBS Group upgraded Xcel Energy from a “neutral” rating to a “buy” rating and upped their price target for the company from $81.00 to $89.00 in a research report on Friday, February 13th. Barclays dropped their price objective on Xcel Energy from $85.00 to $82.00 and set an “overweight” rating for the company in a research note on Thursday, January 15th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Xcel Energy from $90.00 to $87.00 and set an “overweight” rating on the stock in a research note on Thursday, December 11th. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $88.44.

Key Headlines Impacting Xcel Energy

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

About Xcel Energy

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.