Amundi acquires 1,090,291 shares of Xcel Energy Inc. $XEL. July 31, 2026 Key points. * Amundi nearly doubled its Xcel Energy stake in the first quarter, acquiring 1,090,291 additional shares for a total of 2.21 million shares valued at approximately $175.8 million. Institutional investors collectively own 78.38% of Xcel's stock. * Xcel Energy reported quarterly earnings of $0.93 per share, beating the $0.79 consensus estimate, but revenue of $3.12 billion fell short of expectations and declined 5.1% year over year. * The company declared a quarterly dividend of $0.5925 per share, representing an annualized payout of $2.37 and a yield of about 3%. Analysts maintain a consensus "Buy" rating with an average price target of $92.65. * MarketBeat previews top five stocks to own in August. Amundi lifted its holdings in shares of Xcel Energy Inc. (NASDAQ:XEL - Free Report) by 97.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,212,376 shares of the company's stock after purchasing an additional 1,090,291 shares during the period. Amundi owned 0.35% of Xcel Energy worth $175,751,000 at the end of the most recent reporting period. Other large investors have also added to or reduced their stakes in the company. Cbre Investment Management Listed Real Assets LLC lifted its position in Xcel Energy by 18.1% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,324,667 shares of the company's stock valued at $171,700,000 after buying an additional 356,208 shares in the last quarter. PKO Investment Management Joint Stock Co acquired a new stake in shares of Xcel Energy in the fourth quarter worth $1,477,000. Geode Capital Management LLC raised its stake in shares of Xcel Energy by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 16,496,124 shares of the company's stock valued at $1,214,035,000 after acquiring an additional 126,498 shares during the period. Reaves W H & Co. Inc. raised its stake in shares of Xcel Energy by 13.1% in the 4th quarter. Reaves W H & Co. Inc. now owns 3,579,918 shares of the company's stock valued at $264,413,000 after acquiring an additional 415,759 shares during the period. Finally, Electron Capital Partners LLC raised its stake in shares of Xcel Energy by 15.2% in the 4th quarter. Electron Capital Partners LLC now owns 1,936,695 shares of the company's stock valued at $143,044,000 after acquiring an additional 255,884 shares during the period. Institutional investors and hedge funds own 78.38% of the company's stock. Xcel Energy stock performance. Xcel Energy stock opened at $78.23 on Friday. The company has a market cap of $48.84 billion, a PE ratio of 22.54, a P/E/G ratio of 2.05 and a beta of 0.39. The company has a fifty day moving average price of $79.60 and a two-hundred day moving average price of $79.45. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.77 and a quick ratio of 0.68. Xcel Energy Inc. has a 12 month low of $69.16 and a 12 month high of $84.23. Discover more Stock Profit Calculator Market Cap Calculator Xcel Energy (NASDAQ:XEL - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.79 by $0.14. Xcel Energy had a net margin of 14.14% and a return on equity of 10.37%. The company had revenue of $3.12 billion for the quarter, compared to analysts' expectations of $3.55 billion. During the same period in the prior year, the company earned $1.59 earnings per share. The firm's revenue was down 5.1% compared to the same quarter last year. Research analysts expect that Xcel Energy Inc. will post 4.11 earnings per share for the current year. Xcel Energy announces dividend. The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Tuesday, September 15th will be paid a $0.5925 dividend. This represents a $2.37 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Tuesday, September 15th. Xcel Energy's payout ratio is presently 68.30%. Key Xcel Energy news. Here are the key news stories impacting Xcel Energy this week: * Positive Sentiment: Xcel reported second-quarter GAAP and ongoing earnings of $0.93 per share, well above the $0.79 analyst consensus. Net income rose to $586 million from $444 million a year earlier. Higher infrastructure investment recovery and lower power costs helped drive the improvement. Xcel Energy Second Quarter 2026 Earnings Report * Positive Sentiment: The company declared a quarterly dividend of $0.5925 per share, equivalent to an annualized payout of approximately $2.37 and a yield near 3%. The dividend supports Xcel's appeal to income-focused investors. * Positive Sentiment: Management's earnings-call discussion highlighted continued infrastructure investment and associated regulatory recovery, potentially supporting longer-term rate-base growth. Xcel Energy Q2 2026 Earnings Call Transcript * Neutral Sentiment: Xcel elected Peter Carter, Delta Air Lines' president, to its board. The appointment adds an executive with experience in strategy, policy and sustainability, but is unlikely to materially affect near-term earnings. Xcel Energy Elects Peter Carter to Board of Directors * Negative Sentiment: Revenue totaled $3.12 billion, below the $3.54 billion consensus estimate and down 5.1% year over year. The revenue miss may be weighing on the stock despite the EPS beat, particularly because utility investors focus on the durability of underlying growth. Xcel Q2 Earnings Beat Estimates on Infrastructure Investment Recovery Wall Street analyst weigh in. Several analysts recently issued reports on the company. BTIG Research reiterated a "buy" rating and issued a $98.00 price target on shares of Xcel Energy in a report on Friday, June 26th. Morgan Stanley set a $89.00 target price on Xcel Energy in a research note on Wednesday, June 24th. BMO Capital Markets decreased their price target on Xcel Energy from $95.00 to $92.00 and set an "outperform" rating for the company in a report on Wednesday, July 22nd. JPMorgan Chase & Co. lifted their price objective on shares of Xcel Energy from $91.00 to $102.00 and gave the company an "overweight" rating in a research note on Thursday, July 16th. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of Xcel Energy in a research report on Wednesday, June 17th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Xcel Energy currently has an average rating of "Buy" and a consensus target price of $92.65. Xcel Energy company profile. Xcel Energy NASDAQ: XEL is a Minneapolis-based, publicly traded utility holding company that develops, owns and operates regulated electricity and natural gas delivery systems. The company's core activities include generation, transmission and distribution of electricity, the delivery of natural gas to customers, and related customer service operations. Xcel provides a mix of utility services to residential, commercial and industrial customers and participates in wholesale energy markets where appropriate. Its generation portfolio combines nuclear, natural gas, coal and a growing share of renewable resources such as wind and solar. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Xcel Energy, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Xcel Energy wasn't on the list. While Xcel Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

Xcel Energy Q2 earnings call highlights. July 30, 2026 Key points. * Second-quarter earnings rose to $0.93 per share from $0.75 a year earlier, driven by higher electric revenue, AFUDC and lower depreciation. Xcel reaffirmed its 2026 EPS guidance of $4.04-$4.16 and expects average annual EPS growth above 9% through 2030. * Xcel invested more than $6 billion year to date in generation, transmission and distribution infrastructure, with over $10 billion in additional investment opportunities identified beyond its base plan. Its pipeline includes nearly 13 gigawatts of renewable generation and storage, more than 3 gigawatts of natural-gas generation and nearly 2,000 miles of transmission. * Data-center demand is becoming a major growth driver, with more than 20 gigawatts in the high-probability pipeline and 4 gigawatts of additional load expected by the end of 2027. Xcel is introducing large-load tariffs to ensure these customers cover their share of generation and interconnection costs, while continuing regulatory and wildfire-mitigation efforts. * Interested in Xcel Energy? Here are five stocks we like better. Xcel Energy NASDAQ: XEL reported second-quarter 2026 earnings of $0.93 per share, up from $0.75 per share a year earlier, as higher electric revenues, allowance for funds used during construction (AFUDC), and lower depreciation and amortization more than offset increased financing costs. The utility reaffirmed its 2026 ongoing earnings guidance of $4.04 to $4.16 per share and said it remains confident in delivering long-term earnings growth of 6% to 8% or more. The company also said it expects average EPS growth of more than 9% through 2030, supported by a growing pipeline of investment opportunities beyond its base capital plan. Infrastructure investment and generation pipeline. Chairman, President and Chief Executive Officer Bob Frenzel said Xcel invested $3 billion during the second quarter and more than $6 billion year to date in generation, transmission and distribution infrastructure across its eight-state service territory. During the quarter, the company placed Group 2 of Colorado's Power Pathway transmission project into commercial operation, began construction on a 150-mile, 345-kilovolt transmission project in the Upper Midwest, and completed Phase III of the Sherco Solar facility. The latter brought Sherco Solar's total capacity to 710 megawatts, which Frenzel said makes it one of the country's largest utility-scale solar facilities. Xcel also highlighted an independent monitor's report related to its SPS competitive request for proposals in Texas and New Mexico. The company was selected to provide 2,400 megawatts of renewable generation and 200 megawatts of natural gas-fired generation, representing about 70% of the recommended portfolio and approximately $6 billion in potential investment. Chief Financial Officer Brian Van Abel said the company now has line of sight to more than $10 billion in investments beyond its base plan, though some of those opportunities are expected to extend into the early 2030s. The company's five-year portfolio includes nearly 13 gigawatts of renewable generation and battery storage, more than 3 gigawatts of new natural-gas generation, and nearly 2,000 miles of high-voltage transmission. Discover more Business News Management said it has sought to support project execution by deepening partnerships with major suppliers and engineering, procurement and construction firms, while consolidating project planning and execution under one organization. Frenzel said the approach is intended to improve capital efficiency, lower execution risk and provide greater schedule certainty. Financial drivers and financing plan. Van Abel said higher electric revenues from non-fuel riders and sales growth increased second-quarter earnings by $0.17 per share. Higher AFUDC added $0.08 per share, while lower depreciation and amortization also contributed $0.08 per share. Other items contributed $0.03 per share, primarily due to positive returns from venture capital portfolios. These gains were partly offset by a $0.12-per-share impact from higher interest expense and a $0.06-per-share impact from common equity financing. Van Abel said the financing costs reflect the company's efforts to fund infrastructure investment while maintaining a strong balance sheet. Weather-adjusted electric sales rose 2.1% year to date, driven by activity in the energy sector at Southwestern Public Service and manufacturing growth across operating companies. Xcel continues to expect weather-adjusted electric sales to increase 3% for the full year. The company said it has addressed approximately $6 billion, or 85%, of the $7 billion equity need associated with its base five-year plan through equity forward and collar contracts, its at-the-market program and junior subordinated note issuances. Van Abel said Xcel still expects a long-term difference of roughly 200 to 250 basis points between rate-base growth and EPS growth. He said the company plans to provide an updated five-year capital plan, financing plan and 2027-2031 outlook during its third-quarter update. Data centers, tariffs and customer affordability. Xcel said it has 1 gigawatt of data-center load either operating or under construction and another 1 gigawatt under signed electric service agreements. The company expects to secure an additional 4 gigawatts of data-center load by the end of 2027, including at least 1 gigawatt by the end of 2026. Frenzel said the company's high-probability data-center pipeline exceeds 20 gigawatts, with near-term interest concentrated in the Upper Midwest and Southwest. The pipeline includes projects ranging from smaller urban facilities to campuses of roughly 1,000 megawatts. Management said future investments tied to data centers are generally part of its upside plan rather than its base plan. Frenzel said that in Xcel's resource-rich regions, a gigawatt of data-center demand could require roughly $5 billion to $6 billion, or more, of generation investment when supported by wind, solar, storage and natural-gas backup. Xcel received approval for a large-load tariff in Minnesota and has filed similar tariffs in Colorado and Wisconsin. The company also expects to file a tariff in Texas during the third quarter and is working on one in New Mexico. Management said the tariffs are designed to ensure large-load customers pay their full and fair share of generation and interconnection costs while allowing existing customers to benefit from greater use of grid assets. Regulatory progress and wildfire mitigation. Frenzel said Xcel advanced settlements or decisions in six active rate cases, including commission decisions in Minnesota's electric rate case and a South Dakota electric rate-case settlement. The company also cited proposed settlements in Colorado electric and natural-gas cases, as well as New Mexico electric and Minnesota natural-gas cases. The company said its Colorado settlement would provide a path to nearly double the size and participation in energy-assistance programs, while its Minnesota electric rate case expanded access to and funding for customer assistance programs. In Colorado, Frenzel said Xcel has intensified wildfire-mitigation work amid drought conditions and a low snowpack year. The company has installed more than 50 artificial-intelligence-enabled cameras and nearly 300 weather stations in the state, while also using enhanced power-safety settings, public-safety power shutoffs, system hardening and customer communication measures. Xcel expects to file its next Colorado wildfire mitigation plan in early 2027 and said it will also pursue state-level wildfire legislation during the 2027 legislative session. About Xcel Energy (NASDAQ:XEL). Xcel Energy NASDAQ: XEL is a Minneapolis-based, publicly traded utility holding company that develops, owns and operates regulated electricity and natural gas delivery systems. The company's core activities include generation, transmission and distribution of electricity, the delivery of natural gas to customers, and related customer service operations. Xcel provides a mix of utility services to residential, commercial and industrial customers and participates in wholesale energy markets where appropriate. Its generation portfolio combines nuclear, natural gas, coal and a growing share of renewable resources such as wind and solar. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Xcel Energy, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Xcel Energy wasn't on the list. While Xcel Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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