OMERS ADMINISTRATION Corp Buys 6,268 Shares of Xcel Energy Inc. $XEL

OMERS ADMINISTRATION Corp boosted its position in shares of Xcel Energy Inc. (NASDAQ:XEL) by 0.4% during the first quarter, Holdings Channel.com reports. The fund owned 1,791,423 shares of the company’s stock after acquiring an additional 6,268 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Xcel Energy were worth $142,311,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of XEL. Quadrant Capital Group LLC raised its position in shares of Xcel Energy by 1.7% during the third quarter. Quadrant Capital Group LLC now owns 7,358 shares of the company’s stock valued at $593,000 after buying an additional 125 shares during the last quarter. Bleakley Financial Group LLC raised its holdings in Xcel Energy by 0.5% during the 4th quarter. Bleakley Financial Group LLC now owns 28,949 shares of the company’s stock valued at $2,138,000 after buying an additional 131 shares during the period. Hills Bank & Trust Co raised its stake in shares of Xcel Energy by 2.2% in the fourth quarter. Hills Bank & Trust Co now owns 6,184 shares of the company’s stock valued at $457,000 after acquiring an additional 133 shares during the period. Keel Point LLC lifted its stake in Xcel Energy by 2.6% in the fourth quarter. Keel Point LLC now owns 5,485 shares of the company’s stock worth $405,000 after purchasing an additional 137 shares during the last quarter. Finally, GeoWealth Management LLC lifted its stake in shares of Xcel Energy by 4.8% during the 3rd quarter. GeoWealth Management LLC now owns 3,185 shares of the company’s stock worth $257,000 after acquiring an additional 145 shares during the last quarter. 78.38% of the stock is owned by institutional investors.

Key Xcel Energy News

Here are the key news stories impacting Xcel Energy this week:

• Positive Sentiment: KeyCorp reiterated an Overweight rating on Xcel Energy and raised its longer-term earnings estimates, including FY2027, FY2028, FY2029, and FY2030, signaling confidence in the utility’s multi-year growth profile.
• Positive Sentiment: KeyCorp also lifted its FY2029 EPS forecast to $5.34 from $5.13 and FY2028 EPS to $4.89 from $4.77, which supports the view that earnings can improve steadily over time.
• Positive Sentiment: Recent commentary also pointed to Xcel as potentially undervalued relative to its earnings and dividend profile, with additional investor focus on clean energy spending and AI-driven power demand as possible longer-term tailwinds.
• Neutral Sentiment: KeyCorp’s near-term FY2026 EPS estimate was slightly reduced to $4.12 from $4.13, a small change that does not materially alter the broader thesis.
• Neutral Sentiment: Other recent coverage included Morgan Stanley reiterating a Hold rating and Zacks noting the company is due to report earnings next week, keeping attention centered on the upcoming results rather than any major new fundamental shock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on XEL shares. BTIG Research reiterated a “buy” rating and set a $98.00 price objective on shares of Xcel Energy in a report on Friday, June 26th. Jefferies Financial Group set a $101.00 target price on Xcel Energy in a research note on Tuesday, July 7th. New Street Research set a $91.00 price target on shares of Xcel Energy in a report on Tuesday, June 23rd. Morgan Stanley set a $89.00 price target on Xcel Energy in a report on Wednesday, June 24th. Finally, KeyCorp restated an “overweight” rating on shares of Xcel Energy in a research note on Monday, June 8th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $92.65.

Xcel Energy Price Performance

NASDAQ:XEL opened at $81.67 on Friday. Xcel Energy Inc. has a 1-year low of $69.16 and a 1-year high of $84.23. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.77 and a quick ratio of 0.68. The company has a 50 day moving average price of $79.59 and a 200-day moving average price of $79.26. The firm has a market cap of $50.98 billion, a price-to-earnings ratio of 23.54, a price-to-earnings-growth ratio of 2.12 and a beta of 0.39.

Xcel Energy (NASDAQ:XEL) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.91 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.91. Xcel Energy had a return on equity of 10.37% and a net margin of 14.14%.The company had revenue of $4.02 billion for the quarter, compared to analyst estimates of $4.21 billion. During the same quarter last year, the firm posted $0.84 EPS. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. Equities research analysts forecast that Xcel Energy Inc. will post 4.11 EPS for the current year.

Xcel Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Monday, June 15th were paid a dividend of $0.5925 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.37 annualized dividend and a yield of 2.9%. Xcel Energy’s dividend payout ratio (DPR) is 68.30%.

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.