FMR LLC lifted its holdings in Xcel Energy Inc. (NASDAQ:XEL - Free Report) by 118.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,608,044 shares of the company's stock after buying an additional 3,581,436 shares during the period. FMR LLC owned approximately 1.15% of Xcel Energy worth $446,175,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently bought and sold shares of XEL. Sierra Ocean LLC purchased a new stake in Xcel Energy in the fourth quarter valued at $26,000. Fairway Wealth LLC purchased a new stake in Xcel Energy in the 4th quarter valued at about $27,000. Crews Bank & Trust purchased a new stake in Xcel Energy in the 4th quarter valued at about $34,000. MCF Advisors LLC boosted its stake in Xcel Energy by 566.3% during the fourth quarter. MCF Advisors LLC now owns 593 shares of the company's stock worth $40,000 after buying an additional 504 shares during the period. Finally, First Financial Corp IN acquired a new stake in shares of Xcel Energy during the fourth quarter valued at about $46,000. 78.38% of the stock is currently owned by institutional investors and hedge funds.
Xcel Energy Stock Up 0.0 %
Shares of XEL stock traded up $0.02 during trading hours on Tuesday, reaching $70.75. 425,533 shares of the stock were exchanged, compared to its average volume of 3,588,507. Xcel Energy Inc. has a 12-month low of $51.97 and a 12-month high of $73.38. The business's fifty day moving average is $69.15 and its two-hundred day moving average is $67.70. The company has a debt-to-equity ratio of 1.42, a current ratio of 0.93 and a quick ratio of 0.82. The firm has a market capitalization of $40.75 billion, a P/E ratio of 20.57, a P/E/G ratio of 2.62 and a beta of 0.39.
Xcel Energy (NASDAQ:XEL - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.06). Xcel Energy had a return on equity of 10.65% and a net margin of 14.40%. As a group, research analysts expect that Xcel Energy Inc. will post 3.82 EPS for the current fiscal year.
Xcel Energy Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Sunday, April 20th. Investors of record on Friday, March 14th will be given a $0.57 dividend. This is an increase from Xcel Energy's previous quarterly dividend of $0.55. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.28 annualized dividend and a yield of 3.22%. Xcel Energy's dividend payout ratio is 66.28%.
Wall Street Analyst Weigh In
Several brokerages have recently commented on XEL. Wells Fargo & Company upped their price objective on shares of Xcel Energy from $72.00 to $75.00 and gave the stock an "overweight" rating in a report on Friday, February 7th. UBS Group upped their price target on Xcel Energy from $73.00 to $77.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 1st. Barclays lifted their price objective on Xcel Energy from $69.00 to $72.00 and gave the company an "overweight" rating in a research note on Monday, March 31st. Finally, Morgan Stanley increased their target price on Xcel Energy from $75.00 to $78.00 and gave the stock an "equal weight" rating in a research note on Thursday, March 20th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Xcel Energy presently has a consensus rating of "Moderate Buy" and an average target price of $73.00.
Read Our Latest Analysis on XEL
Insider Buying and Selling
In other news, Director Devin W. Stockfish acquired 2,170 shares of the stock in a transaction that occurred on Tuesday, March 11th. The shares were purchased at an average cost of $68.93 per share, for a total transaction of $149,578.10. Following the transaction, the director now directly owns 3,007 shares in the company, valued at approximately $207,272.51. This represents a 259.26 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. 0.09% of the stock is owned by company insiders.
Xcel Energy Profile
(
Free Report)
Xcel Energy Inc, through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through wind, nuclear, hydroelectric, biomass, and solar energy sources, as well as coal, natural gas, oil, wood, and refuse-derived fuels.
Featured Stories
Before you consider Xcel Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Xcel Energy wasn't on the list.
While Xcel Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
