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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 6 analysts
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]
62% more first-time investments, than exits
New positions opened: 139 | Existing positions closed: 86
25% more capital invested
Capital invested by funds: $23.7B [Q2] → $29.7B (+$6.01B) [Q3]
14% more repeat investments, than reductions
Existing positions increased: 380 | Existing positions reduced: 334
6% more funds holding
Funds holding: 958 [Q2] → 1,011 (+53) [Q3]
1.92% more ownership
Funds ownership: 79.72% [Q2] → 81.65% (+1.92%) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$66
2%
downside
Avg. target
$74
10%
upside
High target
$80
19%
upside
6 analyst ratings
4 positive
67%
2 neutral
33%
0 negative
0%
JP Morgan Jeremy Tonet 62% 1-year accuracy 18 / 29 met price target | 19%upside $80 | Overweight Upgraded | 12 Dec 2024 |
Keybanc Sophie Karp 50% 1-year accuracy 23 / 46 met price target | 17%upside $79 | Overweight Maintained | 4 Dec 2024 |
Barclays Nicholas Campanella 63% 1-year accuracy 45 / 71 met price target | 5%upside $71 | Overweight Maintained | 26 Nov 2024 |
Morgan Stanley Stephen Byrd 52% 1-year accuracy 58 / 111 met price target | 7%upside $72 | Equal-Weight Maintained | 22 Nov 2024 |
Jefferies Paul Zimbardo 67% 1-year accuracy 4 / 6 met price target | 13%upside $76 | Buy Upgraded | 1 Nov 2024 |
Financial journalist opinion
Based on 10 articles about XEL published over the past 30 days
Positive
Zacks Investment Research
1 day ago
ITRI, XEL Team Up to Power DER Management: Will Itron Stock Benefit?
Itron and Xcel Energy collaborate to optimize distributed energy resources, aiming to innovate the future of the energy landscape.
Neutral
Business Wire
2 days ago
Xcel Energy Inc. Board Declares Dividend on Common Stock
MINNEAPOLIS--(BUSINESS WIRE)--The Board of Directors of Xcel Energy Inc. (NASDAQ: XEL) today declared a quarterly dividend on its common stock of 54.75 cents per share. The dividends are payable January 20, 2025, to shareholders of record on January 6, 2025. Xcel Energy is a major U.S. electricity and natural gas company, with operations in 8 Western and Midwestern states. Xcel Energy provides a comprehensive portfolio of energy-related products and services to 3.8 million electricity customers.
Neutral
Business Wire
4 days ago
Xcel Energy Announces the Pricing Terms and Upsizing of its Cash Tender Offers for Outstanding First Mortgage Bonds Issued by Northern States Power Company (a Minnesota Corporation)
MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) (Xcel Energy) announced today the pricing terms of its previously announced offers to purchase for cash (the Tender Offers) in the order of priority set forth in the table below certain outstanding first mortgage bonds issued by Northern States Power Company, a Minnesota corporation (NSPM), a wholly-owned subsidiary of Xcel Energy (the Bonds), pursuant to an Offer to Purchase, dated December 2, 2024 (as amended by this press release,.
Neutral
Business Wire
5 days ago
Xcel Energy Announces the Early Results of its Cash Tender Offers for Outstanding First Mortgage Bonds Issued by Northern States Power Company (a Minnesota corporation)
MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) (Xcel Energy) announced today the early results of its previously announced offers to purchase for cash (the Tender Offers) in the order of priority set forth in the table below up to $110,000,000 aggregate principal amount (the Aggregate Tender Cap) of certain outstanding first mortgage bonds issued by Northern States Power Company, a Minnesota corporation (NSPM), a wholly owned subsidiary of Xcel Energy (the Bonds), pursuant to an O.
Positive
Seeking Alpha
1 week ago
Xcel Energy: A Quality Dividend Grower To Buy Now
Xcel Energy has outperformed the S&P 500 index since my last article co-produced for Brad Thomas in September. The electric and gas utility's $45 billion, five-year capital spending plan bodes well for future growth. XEL pays a safe and growing dividend to shareholders and is financially healthy.
Positive
Kiplinger
1 week ago
The Best Utility Stocks to Buy
Utility stocks are defensive plays for investors, offering stability and reliable dividends. Here, we look at how you can find the best ones to buy.
Positive
Zacks Investment Research
2 weeks ago
Xcel Fortifies Infrastructure Using AI Technology to Detect Wildfire
XEL continues to strengthen its infrastructure through planned capital expenditure and provide reliable services to its customers.
Neutral
Business Wire
2 weeks ago
Xcel Energy Using AI Technology to Detect Wildfires in Texas Panhandle
AMARILLO, Texas--(BUSINESS WIRE)--Xcel Energy is increasing its wildfire detection and mitigation efforts in the Texas Panhandle by introducing artificial intelligence to spot fires early. We are partnering with Pano AI to install more than 50 camera stations across the region. Carson, Gray, Roberts, Hutchinson, Wheeler, Hemphill, Garza, Cochran, Moore, Potter and Yoakum counties are currently being considered. First responders and firefighters will have immediate access to this data, shortenin.
Neutral
PRNewsWire
2 weeks ago
Xcel Energy Announces Cash Tender Offers for up to $110,000,000 of Outstanding First Mortgage Bonds Issued By Northern States Power Company (a Minnesota corporation)
MINNEAPOLIS , Dec. 2, 2024 /PRNewswire/ -- Xcel Energy Inc. (NASDAQ: XEL) (Xcel Energy) announced today the commencement of offers to purchase for cash (the Tender Offers) up to $110,000,000 aggregate principal amount (the Aggregate Tender Cap) of the outstanding first mortgage bonds issued by Northern States Power Company, a Minnesota corporation (NSPM), a wholly owned subsidiary of Xcel Energy, listed in the table below (the Bonds). The table below summarizes certain information regarding the Bonds and the Tender Offers, including the acceptance priority levels (the Acceptance Priority Levels), subject to the Aggregate Tender Cap for the Bonds.
Positive
Zacks Investment Research
4 weeks ago
Xcel Energy Benefits From Investments & Expanding Customer Base
XEL continues to benefit from its long-term investment plans, clean power generation and expanding customer base.
Charts implemented using Lightweight Charts™