Aristotle Capital Management 13F: Cuts XEL Stake by $38M

Aristotle Capital Management has trimmed its stake in Xcel Energy Inc. (NasdaqGS: XEL), cutting 472,597 shares from its holdings. This reduction represents a 4.1% decrease, leaving Aristotle with 11,106,321 shares valued at approximately $879.8 million as of the latest SEC Form 13F filing, reflecting holdings at the end of the reporting period.

What Changed in Aristotle Capital Management's Xcel Energy Position

Aristotle Capital reduced its investment in Xcel Energy by 472,597 shares, bringing its total holdings to 11,106,321 shares. This marks a 4.1% decrease from its prior count of 11,578,918 shares. The current value of the stake is about $879.8 million.

Other Institutional Activity in Xcel Energy

Other major institutional investors have also been active in Xcel Energy. BlackRock, Inc. increased its holdings by 1,240,088 shares, reaching a total of 53,911,407 shares worth approximately $4.28 billion. Vanguard Capital Management LLC maintained its position with 39,489,162 shares valued at $3.14 billion. State Street Corp added 785,011 shares, bringing its total to 37,125,656 shares valued at about $2.97 billion. Bank of America Corp boosted its stake by 1,637,890 shares, totaling 29,441,811 shares worth $2.34 billion.

Xcel Energy Inc. Stock Up 11.1%

Shares of Xcel Energy Inc. (NasdaqGS: XEL) traded near $79.22. The company has a market capitalization of approximately $49.5 billion and a P/E ratio of 22.83, with a forward P/E of 17.48. Xcel Energy's stock has a 52-week low of $65.21 and a high of $84.23. Its 50-day moving average is $79.78, while the 200-day moving average is $78.36. The company's beta is 0.408, indicating lower volatility compared to the market.

Recent Earnings

Xcel Energy reported revenue of $14.78 billion, with a growth rate of 2.9%. The company's earnings per share (EPS) was $3.47. Xcel Energy achieved a net margin of 14.14% and a return on equity (ROE) of 9.59%. The next earnings report is expected on April 30, 2026.

Dividend

Xcel Energy offers an annual dividend rate of $2.37, yielding 2.99%. The dividend payout ratio stands at 66.35%.

Insider Buying and Selling at Xcel Energy Inc.

Recent insider activity at Xcel Energy includes purchases by several insiders, each buying 2,254 shares on May 21, 2026. This includes Charles Pardee, Timothy Welsh, Netha Johnson, Patricia Kampling, Maria Demaree Hutchinson, and George Kehl.

Analysts Set New Price Targets

On May 18, 2026, Truist Securities maintained its 'buy' rating on Xcel Energy with a price target of $92. JP Morgan also maintained a 'buy' rating with a $91 target on May 14, 2026. Barclays, on May 12, 2026, kept its 'buy' rating with an $87 target. Overall, analysts have a strong buy consensus with a mean target price of $91.39.

About Xcel Energy

Xcel Energy Inc., headquartered in Minneapolis, Minnesota, is a major utility company providing electric and natural gas services. Operating through its Regulated Electric and Natural Gas Utility segments, Xcel Energy serves customers across several U.S. states, including Colorado, Minnesota, and Texas. The company, led by CEO Robert C. Frenzel, employs over 11,500 people and is involved in generating, purchasing, and distributing electricity from various sources, including renewable energy and fossil fuels.

Bottom Line

Aristotle Capital Management's recent reduction in its Xcel Energy stake is part of its portfolio adjustments as of the last filing period. Investors often track these 13F filings to gauge institutional sentiment, although they reflect past positions. Xcel Energy remains a significant player in the utilities sector, with analysts maintaining a positive outlook on its stock performance.