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XEL

XCEL ENERGY INC

At today's price, XCEL ENERGY INC (XEL) is priced for +1.7% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+1.7% growth
Priced In
within-range

Key Takeaways

The balance sheet tells you what kind of company this is: a regulated utility carrying about $36.6 billion of net debt to fund a $60 billion-plus capital plan, with management investing a record roughly $14 billion this year. That spending is the growth engine. Q1 2026 ongoing EPS rose about 8% to $0.91, the company reaffirmed full-year guidance of $4.04 to $4.16, and it is targeting 6 gigawatts of data-center load by 2027, anchored by a Google agreement. At $77.38 (as of June 27, 2026) the pr

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Institutional ownership

1,231 institutional managers reported holding XEL in 13F filings for the quarter ended 2026-03-31. Together they hold about 85% of the company; the top 10 hold 47%. 106 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 37.2M shares were sold short as of the 2026-06-15 count, about 6% of shares outstanding (6 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

XEL's share count grew 15.8% over the past five years. It pays a dividend, and has paid one every year in our records (18 and counting), raised 17 years straight; the current rate is $2.28 a share annually. Cash returned over the past three years: $3.36B in dividends.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

Open-market insider buys at XEL over the trailing three years: 2025: 1 buy totaling $150k. 24 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

XEL's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-07-28-3.3%-9.0%
2023-10-28-2.4%+6.2%
2024-02-22+0.6%-7.3%
2024-04-26-2.5%-1.0%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

XEL's latest 8-K filings: 2026-07-14 (items 8.01); 2026-06-23 (items 8.01); 2026-06-22 (items 8.01); 2026-06-09 (items 8.01); 2026-06-03 (items 8.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

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Last analyzed: July 3, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.