XEL stock icon

Xcel Energy
XEL

$57.36
0.86%

Market Cap: 31.9B

 

About: Xcel Energy manages utilities serving 3.8 million electric customers and 2.1 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 owners and suppliers in the US with more than half of its electricity sales coming from carbon-free energy.

Employees: 11,311

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 11 analysts
0
News positive %
of 7 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

8% more call options, than puts

Call options by funds: $130M | Put options by funds: $120M

0.62% less ownership

Funds ownership: 78.73% [Q4 2023] → 78.11% (-0.62%) [Q1 2024]

5% less funds holding

Funds holding: 998 [Q4 2023] → 948 (-50) [Q1 2024]

10% less repeat investments, than reductions

Existing positions increased: 326 | Existing positions reduced: 364

13% less capital invested

Capital invested by funds: $26.9B [Q4 2023] → $23.4B (-$3.57B) [Q1 2024]

17% less funds holding in top 10

Funds holding in top 10: 6 [Q4 2023] → 5 (-1) [Q1 2024]

32% less first-time investments, than exits

New positions opened: 104 | Existing positions closed: 154

Research analyst outlook

11 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$54
6%
downside
Avg. target
$61
7%
upside
High target
$68
19%
upside

11 analyst ratings

positive
55%
neutral
45%
negative
0%
Morgan Stanley
Stephen Byrd
8%upside
$62
Equal-Weight
Maintained
24 Jun 2024
Morgan Stanley
Stephen Byrd
13%upside
$65
Equal-Weight
Maintained
28 May 2024
Barclays
Nicholas Campanella
1%downside
$57
Overweight
Maintained
30 Apr 2024
B of A Securities
Julien Dumoulin-Smith
15%upside
$66
Buy
Maintained
29 Apr 2024
Evercore ISI Group
Durgesh Chopra
3%upside
$59
Outperform
Maintained
26 Apr 2024

Financial journalist opinion

Based on 7 articles about XEL published over the past 30 days