482,744 Shares of Xcel Energy Inc. $XEL Purchased by Mirae Asset Global Investments Co. Ltd.

Key Points

• Mirae Asset Global Investments purchased 482,744 shares of Xcel Energy valued at approximately $34 million, giving it a 0.08% stake. Institutional investors collectively own 78.38% of the company.
• Xcel Energy’s quarterly EPS reached $1.52, beating the $1.39 consensus and rising from $1.24 a year earlier, while revenue increased 6.6% to $4.17 billion but missed estimates.
• Analysts maintained a broadly positive outlook, with the stock carrying a consensus “Buy” rating and an average price target of $90.28, despite some reductions to individual targets and earnings guidance.

Mirae Asset Global Investments Co. Ltd. bought a new position in Xcel Energy Inc. (NASDAQ:XEL - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 482,744 shares of the company's stock, valued at approximately $34,024,000. Mirae Asset Global Investments Co. Ltd. owned 0.08% of Xcel Energy as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. James T. Borello RIA lifted its holdings in shares of Xcel Energy by 59.6% in the 3rd quarter. James T. Borello RIA now owns 367 shares of the company's stock valued at $26,000 after acquiring an additional 137 shares during the last quarter. KCM Investment Advisors LLC boosted its position in Xcel Energy by 1.9% in the 1st quarter. KCM Investment Advisors LLC now owns 7,549 shares of the company's stock valued at $600,000 after buying an additional 140 shares during the period. Cidel Asset Management Inc. increased its holdings in Xcel Energy by 3.3% during the 2nd quarter. Cidel Asset Management Inc. now owns 4,692 shares of the company's stock worth $377,000 after purchasing an additional 149 shares during the period. Birchwood Financial Partners Inc. raised its holdings in shares of Xcel Energy by 1.7% in the first quarter. Birchwood Financial Partners Inc. now owns 9,252 shares of the company's stock valued at $735,000 after acquiring an additional 158 shares in the last quarter. Finally, Wealth Group Ltd. boosted its stake in shares of Xcel Energy by 6.1% during the third quarter. Wealth Group Ltd. now owns 2,914 shares of the company's stock valued at $208,000 after purchasing an additional 167 shares in the last quarter. Hedge funds and other institutional investors own 78.38% of the company's stock.

Xcel Energy Stock Performance

Shares of Xcel Energy stock opened at $79.82 on Monday. The firm has a market capitalization of $51.23 billion, a PE ratio of 18.61, a P/E/G ratio of 2.65 and a beta of 0.34. Xcel Energy Inc. has a twelve month low of $68.72 and a twelve month high of $84.23. The firm's 50-day moving average price is $74.68 and its 200 day moving average price is $78.19. The company has a current ratio of 0.69, a quick ratio of 0.61 and a debt-to-equity ratio of 1.43.

Xcel Energy (NASDAQ:XEL - Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.39 by $0.13. Xcel Energy had a return on equity of 11.10% and a net margin of 17.94%. The company had revenue of $4.17 billion during the quarter, compared to analyst estimates of $4.26 billion. During the same period in the previous year, the business earned $1.24 EPS. Xcel Energy's quarterly revenue was up 6.6% on a year-over-year basis. On average, sell-side analysts predict that Xcel Energy Inc. will post 4.13 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Weiss Ratings cut shares of Xcel Energy from a "buy (b)" rating to a "buy (b-)" rating in a report on Monday, October 19th. JPMorgan Chase & Co. reduced their price objective on Xcel Energy from $97.00 to $92.00 and set an "overweight" rating for the company in a research note on Tuesday, October 13th. The Goldman Sachs Group reduced their price target on Xcel Energy from $95.00 to $93.00 in a research report on Thursday, October 15th. UBS Group boosted their price target on Xcel Energy from $91.00 to $96.00 in a report on Monday, July 6th. Finally, KeyCorp lowered their price objective on Xcel Energy from $90.00 to $87.00 and set an "overweight" rating on the stock in a research report on Tuesday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $90.28.

Key Headlines Impacting Xcel Energy

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

• Positive Sentiment: Third-quarter EPS beat expectations. Xcel reported ongoing earnings of $1.52 per share, up from $1.24 a year earlier and above the $1.39 analyst consensus. Higher electric sales, favorable weather and increased recovery of electric costs supported results. Xcel Energy Q3 revenue jumps 6.6% to $4.17B as EPS beats forecasts
• Positive Sentiment: Long-term growth investment increased. Xcel outlined a roughly $70 billion, five-year capital investment plan, aimed at expanding and upgrading its electric system to meet rising demand. The company also initiated 2027 EPS guidance of $4.48 to $4.62, providing investors with a new earnings framework. Xcel outlines $70B 5-year investment plan while initiating 2027 EPS guidance
• Positive Sentiment: Analyst sentiment remained supportive. Barclays raised its price target to $94 from $85, while RBC Capital Markets maintained a Buy rating, signaling confidence in Xcel’s regulated utility growth prospects. Barclays Adjusts Price Target on Xcel Energy to $94 From $85
• Neutral Sentiment: Revenue grew but missed estimates. Third-quarter revenue rose 6.6% year over year to $4.17 billion, though it fell short of the $4.26 billion consensus, limiting the impact of the earnings beat. Xcel Energy Q3 Earnings Beat Estimates, Revenues Increase Year over Year
• Negative Sentiment: 2026 earnings guidance was lowered or narrowed. Management reduced its full-year ongoing EPS outlook despite the quarterly beat, reflecting uncertainty around the timing of cost recovery and operating conditions. The large investment program may also increase financing and execution requirements. Xcel Energy Q3 Earnings Beat Estimates, Revenues Increase Year over Year

Xcel Energy Profile

Xcel Energy Inc is a public utility holding company that provides electricity and natural gas services to residential, commercial, and industrial customers. Its operations include the generation, transmission, distribution, and sale of electricity, as well as the distribution and sale of natural gas.

The company serves customers across Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin through operating companies including Northern States Power, Public Service Company of Colorado, Southwestern Public Service Company, and NSP-Wisconsin.

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