Xcel Energy (XEL)

• Market cap: $40.2B
• 1 day: 0.89%
• 5 days: 1.95%
• 1 month: 3.34%
• 3 months: -2.02%
• 6 months: 16.64%
• Year to date: 4.61%
• 1 year: 16.94%
• 5 years: -1.24%
• 10 years: 92.25%
• Sector: Utilities
• Industry: Electric & Other Services Combined

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 Q4 regulatory filings by fund managers ($100M+ AUM)

507% more call options, than puts

Call options by funds: $161M | Put options by funds: $26.5M

117% more funds holding in top 10

Funds holding in top 10: 6 [Q3] → 13 (+7) [Q4]

115% more first-time investments, than exits

New positions opened: 144 | Existing positions closed: 67

47% more repeat investments, than reductions

Existing positions increased: 431 | Existing positions reduced: 293

8% more capital invested

Capital invested by funds: $30.9B [Q3] → $33.5B (+$2.56B) [Q4]

3% more funds holding

Funds holding: 1,015 [Q3] → 1,049 (+34) [Q4]

0.56% less ownership

Funds ownership: 84.93% [Q3] → 84.37% (-0.56%) [Q4]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $69 1% downside
• Avg. target: $75 7% upside
• High target: $80 14% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

Wells Fargo Neil Kalton 70% 1-year accuracy 35 / 50 met price target	7% upside $75	Overweight Maintained	7 Feb 2025
Barclays Nicholas Campanella 64% 1-year accuracy 50 / 78 met price target	1% downside $69	Overweight Maintained	22 Jan 2025
JP Morgan Jeremy Tonet 90% 1-year accuracy 27 / 30 met price target	14% upside $80	Overweight Upgraded	12 Dec 2024
Keybanc Sophie Karp 68% 1-year accuracy 28 / 41 met price target	13% upside $79	Overweight Maintained	4 Dec 2024
Morgan Stanley Stephen Byrd 58% 1-year accuracy 64 / 111 met price target	3% upside $72	Equal-Weight Maintained	22 Nov 2024