Xcel Energy
About: Xcel Energy manages utilities serving 3.8 million electric customers and 2.2 million natural gas customers in eight states. Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan; Public Service Company of Colorado; and Southwestern Public Service Company, which serves customers in Texas and New Mexico. It is one of the largest renewable energy suppliers in the US with more than half of its electricity sales coming from carbon-free energy.
Employees: 11,311
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
119% more call options, than puts
Call options by funds: $113M | Put options by funds: $51.8M
100% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 6 (+3) [Q3]
90% more first-time investments, than exits
New positions opened: 139 | Existing positions closed: 73
25% more capital invested
Capital invested by funds: $24.8B [Q2] → $30.9B (+$6.13B) [Q3]
14% more repeat investments, than reductions
Existing positions increased: 381 | Existing positions reduced: 334
6% more funds holding
Funds holding: 958 [Q2] → 1,012 (+54) [Q3]
1.59% more ownership
Funds ownership: 83.33% [Q2] → 84.92% (+1.59%) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Wells Fargo Neil Kalton 63% 1-year accuracy 31 / 49 met price target | 6%upside $72 | Overweight Upgraded | 13 Jan 2025 |
JP Morgan Jeremy Tonet 77% 1-year accuracy 23 / 30 met price target | 18%upside $80 | Overweight Upgraded | 12 Dec 2024 |
Keybanc Sophie Karp 54% 1-year accuracy 22 / 41 met price target | 17%upside $79 | Overweight Maintained | 4 Dec 2024 |
Barclays Nicholas Campanella 68% 1-year accuracy 50 / 74 met price target | 5%upside $71 | Overweight Maintained | 26 Nov 2024 |
Morgan Stanley Stephen Byrd 53% 1-year accuracy 59 / 111 met price target | 6%upside $72 | Equal-Weight Maintained | 22 Nov 2024 |
Financial journalist opinion
Based on 9 articles about XEL published over the past 30 days