2,529 Shares in Xcel Energy Inc. $XEL Bought by Hilltop National Bank

Hilltop National Bank purchased a new position in Xcel Energy Inc. (NASDAQ:XEL) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,529 shares of the company’s stock, valued at approximately $172,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Accent Capital Management LLC purchased a new stake in Xcel Energy in the first quarter worth $29,000. BankPlus Trust Department purchased a new stake in shares of Xcel Energy in the first quarter worth $34,000. Rise Advisors LLC grew its stake in shares of Xcel Energy by 62.9% in the second quarter. Rise Advisors LLC now owns 518 shares of the company’s stock worth $35,000 after acquiring an additional 200 shares during the last quarter. Marshall & Sullivan Inc. WA purchased a new stake in shares of Xcel Energy in the second quarter worth $44,000. Finally, Rossby Financial LCC purchased a new stake in shares of Xcel Energy in the first quarter worth $50,000. 78.38% of the stock is owned by hedge funds and other institutional investors.

Xcel Energy Stock Performance

Shares of XEL opened at $80.26 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.96 and a debt-to-equity ratio of 1.48. The business has a 50-day simple moving average of $73.77 and a two-hundred day simple moving average of $70.88. The stock has a market cap of $47.47 billion, a price-to-earnings ratio of 22.23, a PEG ratio of 2.70 and a beta of 0.37. Xcel Energy Inc. has a 52 week low of $62.12 and a 52 week high of $81.15.

Xcel Energy (NASDAQ:XEL) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. Xcel Energy had a return on equity of 10.52% and a net margin of 14.85%.The business had revenue of $3.29 billion during the quarter, compared to analysts’ expectations of $3.31 billion. During the same quarter in the prior year, the business posted $0.54 earnings per share. The business’s quarterly revenue was up 8.6% on a year-over-year basis. Xcel Energy has set its FY 2025 guidance at 3.750-3.850 EPS. On average, analysts expect that Xcel Energy Inc. will post 3.82 EPS for the current year.

Xcel Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 20th. Investors of record on Monday, September 15th will be given a dividend of $0.57 per share. The ex-dividend date is Monday, September 15th. This represents a $2.28 annualized dividend and a dividend yield of 2.8%. Xcel Energy’s dividend payout ratio (DPR) is currently 63.16%.

Analyst Ratings Changes

A number of research firms have recently commented on XEL. UBS Group set a $82.00 target price on Xcel Energy in a research note on Thursday, September 25th. Morgan Stanley lowered their price target on Xcel Energy from $81.00 to $80.00 and set an “equal weight” rating on the stock in a report on Thursday, September 25th. BMO Capital Markets set a $84.00 price target on Xcel Energy in a report on Thursday, September 25th. Bank of America upped their price target on Xcel Energy from $78.00 to $84.00 and gave the company a “buy” rating in a report on Thursday, September 25th. Finally, Mizuho set a $83.00 price target on Xcel Energy in a report on Thursday, September 25th. Nine research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $80.36.

Xcel Energy Company Profile

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.