Integrity Alliance LLC. Invests $274,000 in Xcel Energy Inc. $XEL

Key Points

• Integrity Alliance LLC invested approximately $274,000 in Xcel Energy Inc. by purchasing 3,874 shares in the first quarter.
• Analysts have a consensus rating of "Moderate Buy" for Xcel Energy, with a price target of $76.80, and various analysts have issued both upgrades and downgrades on the stock.
• Xcel Energy announced a quarterly dividend of $0.57, representing an annual yield of 3.1%, with the ex-dividend date set for September 15th.

Integrity Alliance LLC. bought a new position in shares of Xcel Energy Inc. (NASDAQ:XEL - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 3,874 shares of the company's stock, valued at approximately $274,000.

Other large investors also recently modified their holdings of the company. Accent Capital Management LLC acquired a new stake in shares of Xcel Energy during the 1st quarter worth $29,000. BankPlus Trust Department acquired a new stake in Xcel Energy in the first quarter valued at about $34,000. Ransom Advisory Ltd acquired a new stake in Xcel Energy in the first quarter valued at about $50,000. Rossby Financial LCC acquired a new stake in Xcel Energy in the first quarter valued at about $50,000. Finally, Alpine Bank Wealth Management acquired a new stake in Xcel Energy in the first quarter valued at about $53,000. 78.38% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Morgan Stanley reaffirmed an "outperform" rating on shares of Xcel Energy in a research note on Thursday, August 21st. Mizuho raised their price objective on Xcel Energy from $74.00 to $78.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. Finally, Wall Street Zen downgraded Xcel Energy from a "hold" rating to a "sell" rating in a research report on Tuesday, May 20th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Xcel Energy has a consensus rating of "Moderate Buy" and a consensus price target of $76.80.

Xcel Energy Price Performance

Shares of XEL opened at $73.35 on Friday. Xcel Energy Inc. has a 1 year low of $62.12 and a 1 year high of $74.57. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.96 and a quick ratio of 0.85. The company has a market capitalization of $43.38 billion, a price-to-earnings ratio of 20.32, a price-to-earnings-growth ratio of 2.45 and a beta of 0.35. The business has a 50-day moving average of $71.92 and a 200-day moving average of $70.21.

Xcel Energy (NASDAQ:XEL - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.75 earnings per share for the quarter, topping analysts' consensus estimates of $0.66 by $0.09. The business had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.31 billion. Xcel Energy had a return on equity of 10.52% and a net margin of 14.85%.The firm's revenue for the quarter was up 8.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.54 earnings per share. Xcel Energy has set its FY 2025 guidance at 3.750-3.850 EPS. As a group, equities research analysts anticipate that Xcel Energy Inc. will post 3.82 earnings per share for the current year.

Xcel Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 20th. Shareholders of record on Monday, September 15th will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Monday, September 15th. Xcel Energy's payout ratio is presently 63.16%.

Xcel Energy Company Profile

Xcel Energy Inc, through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through wind, nuclear, hydroelectric, biomass, and solar energy sources, as well as coal, natural gas, oil, wood, and refuse-derived fuels.

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