Wells Fargo upgrades Portland General Electric stock rating on holding company benefits
Wells Fargo has upgraded Portland General Electric (NYSE:POR) from Equal Weight to Overweight, raising its price target to $58 due to benefits from a holding company structure, a Washington acquisition, and regulatory improvements. The firm also increased its 2026-2030 EPS CAGR forecast to 7.9%, surpassing consensus estimates. Despite a recent earnings miss, the utility maintains a 20-year dividend growth streak and a 4.4% yield, though it's currently trading above its Fair Value according to InvestingPro.
18,939 Shares in Xcel Energy Inc. $XEL Acquired by Ninepoint Partners LP
Ninepoint Partners LP recently acquired 18,939 shares of Xcel Energy Inc. (NASDAQ:XEL), valued at approximately $1,521,000, during the second quarter. This acquisition is part of broader institutional interest in Xcel Energy, with several other firms also modifying their holdings. The company has received a consensus "Buy" rating from analysts with an average target price of $92.41, and it recently announced a quarterly dividend of $0.5925 per share.
Morgan Stanley Adjusts Price Target on Xcel Energy to $89 From $92, Keeps Equalweight Rating
Morgan Stanley has lowered its price target for Xcel Energy (XEL) to $89 from $92, while maintaining an "Equalweight" rating on the stock. This adjustment comes after other analysts like JPMorgan, BMO Capital, Mizuho, Goldman Sachs, and BTIG also revised their price targets on Xcel Energy in recent weeks. The utility company recently reported its Q2 2026 earnings, topping profit estimates but seeing a decline in revenue.
Vise Technologies Inc. Purchases New Shares in Xcel Energy Inc. $XEL
Vise Technologies Inc. acquired 60,934 shares of Xcel Energy (NASDAQ:XEL) during the second quarter, valued at approximately $4.9 million, establishing a new position in the utility company. Institutional investors collectively hold 78.38% of Xcel's stock, and analysts maintain a "Buy" rating with an average price target of $92.41. Xcel Energy also reported stronger-than-expected Q2 EPS of $0.93 against estimates of $0.79, declared a quarterly dividend of $0.5925, but saw revenue decline by 5.1% year-over-year.
Allworth Financial LP Invests $17.47 Million in Xcel Energy Inc. $XEL
Allworth Financial LP has acquired a new stake in Xcel Energy Inc. (NASDAQ:XEL) worth approximately $17.47 million, purchasing 217,555 shares in the second quarter. Other institutional investors like BlackRock Inc., Deutsche Bank AG, Barclays PLC, and JPMorgan Chase & Co. also significantly bought or increased their holdings in Xcel Energy. The company reported strong quarterly earnings, beating consensus estimates, and declared a quarterly dividend of $0.5925 per share.
TVA to charge data centers new rate, offset burden for other customers
The Tennessee Valley Authority (TVA) Board of Directors has voted to establish a new, higher rate class for data centers, aiming to shield residential customers from increased utility bills caused by the high electricity demands of these facilities. Existing data centers will see a base rate increase of about 10% phased in over three years, while new facilities or expansions requiring more than 5 megawatts will face a significant Capacity Commitment Charge. This move aligns with a pledge to keep customer bills low and has been supported by Memphis Mayor Paul Young, who emphasized that companies creating extraordinary demand should contribute to the necessary infrastructure costs.
Xcel Energy stock holds steady as Colorado approves 4.77% electric rate hike
Xcel Energy's stock remained stable after Colorado regulators approved a 4.77% electric rate increase, which will raise residential bills by $5 per month and add $157 million in annual revenue for the utility. This decision, following nine months of deliberation, provides a fresh revenue tailwind and reinforces the company's regulated earnings visibility, aligning with its $50.28 billion market capitalization and an average analyst target of $92.41. The utility continues to balance infrastructure investments and renewable integration with consumer affordability and regulatory scrutiny.
Colorado regulators approve Xcel Energy rate hike, raising monthly bills for customers
Colorado regulators have approved a rate hike for Xcel Energy, increasing monthly bills for residential customers by $5 and commercial customers by $7, effective at the end of December. While this is less than Xcel initially requested, it marks the eighth rate hike since September 2023, prompting consumer advocacy groups to call for more consumer-centric solutions. Xcel Energy states these increases are necessary to fund infrastructure improvements and maintain service, noting that Colorado customers still pay among the lowest electric rates nationally.
Colorado regulators approve Xcel Energy rate hike, raising monthly bills for customers
The Colorado Public Utilities Commission has approved a rate hike for Xcel Energy, leading to increased monthly bills for residential and commercial customers. This marks the eighth rate hike since September 2023, prompting The LIBRE Initiative to launch a campaign advocating for consumers. Xcel Energy states the increases are necessary to fund infrastructure improvements and maintain low rates compared to the national average.
Colorado regulators approve Xcel Energy rate hike, raising monthly bills for customers
The Colorado Public Utilities Commission (PUC) has approved a rate increase for Xcel Energy, which will result in higher monthly bills for customers. The article also includes several unrelated news updates on various topics.
Xcel Energy Rates to go Up
The Colorado Public Utilities Commission has approved a rate increase for Xcel Energy, raising residential bills by $5 and commercial bills by $7 monthly. This approved increase is about half of Xcel's initial request and is intended to fund infrastructure improvements. Despite the company's rates having risen 22.2% since September 2023, the settlement faced opposition from various consumer advocacy groups.
E Fund Management Co. Ltd. Invests $1.93 Million in Xcel Energy Inc. $XEL
E Fund Management Co. Ltd. has acquired a new stake in Xcel Energy Inc., purchasing 24,032 shares valued at approximately $1.93 million in the second quarter. Xcel Energy reported strong quarterly EPS of $0.93, exceeding estimates, and declared a quarterly dividend of $0.5925, resulting in a 3.0% yield. Analysts maintain a "Buy" rating for Xcel Energy, with an average price target of $92.41, reflecting confidence in the utility company.
Colorado regulators approve Xcel Energy rate hike, raising monthly bills for customers
Colorado regulators have approved a rate hike proposed by Xcel Energy, which will result in increased monthly utility bills for customers. This decision was made after a review process by the state's regulatory body. The article does not specify the exact increase amount or the reasons cited for the hike.
Colorado regulators approve Xcel Energy rate increase, raising monthly electric bills
The Colorado Public Utilities Commission has approved a rate increase for Xcel Energy, which will result in higher monthly electricity bills for some residents. This decision was made on a Wednesday.
Colorado regulators approve Xcel Energy rate hike, raising monthly bills for customers
The Colorado Public Utilities Commission (PUC) has approved an Xcel Energy rate increase, which will raise monthly bills by $5 for residential customers and $7 for commercial customers, effective at the end of December. This marks the eighth rate hike since September 2023, prompting advocacy groups like The LIBRE Initiative to launch campaigns urging regulators to prioritize consumers. Xcel Energy states that the increases are necessary to fund infrastructure improvements and that their Colorado customers still pay some of the lowest electric rates in the nation.
Colorado utilities commission approves electric rate increase
The Colorado Public Utilities Commission has approved a $157 million revenue increase for Xcel Energy, leading to higher electricity bills for residential and commercial customers. This decision comes despite public opposition and concerns from a PUC Commissioner about rising costs outpacing inflation and Xcel's declining sales but tripled spending. A similar revenue increase for gas utilities is also under consideration.
Colorado regulators approve Xcel Energy rate increase, raising monthly electric bills
The Colorado Public Utilities Commission has approved an Xcel Energy rate increase, which will lead to an average monthly bill increase of about $5 for residential customers and $7 for commercial customers, effective late December. This approved increase is significantly less than Xcel's initial request of $356 million, reduced to just over $150 million after public feedback. Despite the reduction, concerns remain about the long-term affordability of electricity, especially given Xcel's increasing capital spending.
Xcel Energy stock holds steady as institutional buying supports outlook
Xcel Energy stock is trading in the high-$70s, supported by fresh institutional buying and a consensus analyst price target in the low-$90s. The company, a regulated utility, attracts large-scale capital due to its stable earnings, long-term capital plans, and dividend potential. Analysts view Xcel Energy as a stability-oriented holding, with its regulated structure and electricity demand trends driving its valuation narrative for the second half of 2026.
Wealthfront Advisers LLC Buys New Holdings in Xcel Energy Inc. $XEL
Wealthfront Advisers LLC has acquired 146,829 shares of Xcel Energy Inc. (NASDAQ:XEL), valued at approximately $11.8 million, making it a new position for the firm. This comes as Xcel Energy reported strong quarterly earnings, beating analyst estimates, and declared a quarterly dividend of $0.5925 per share. Analysts generally maintain a "Buy" rating for the stock with an average price target of $92.41, reflecting confidence in its stability and dividend yield.
Mitsubishi UFJ Asset Management Co. Ltd. Acquires Shares of 1,582,019 Xcel Energy Inc. $XEL
Mitsubishi UFJ Asset Management Co. Ltd. has acquired a new position of 1,582,019 shares in Xcel Energy Inc. (NASDAQ:XEL) during the second quarter, valued at approximately $127 million. This purchase gives Mitsubishi UFJ Asset Management Co. Ltd. a 0.25% stake in Xcel Energy. The article also details recent analyst ratings and other institutional investment activities concerning Xcel Energy.
Energy Income Partners LLC Invests $82.11 Million in Xcel Energy Inc. $XEL
Energy Income Partners LLC has acquired a new position in Xcel Energy Inc. (NASDAQ:XEL), purchasing 1,022,550 shares valued at approximately $82.11 million, making it their 29th largest holding. Other institutional investors have also adjusted their stakes in XEL. The article also covers analyst ratings, Xcel Energy's stock performance, and its recent earnings report and dividend declaration.
Citizens Financial Group Inc. RI Makes New Investment in Xcel Energy Inc. $XEL
Citizens Financial Group Inc. RI has acquired a new stake in Xcel Energy Inc. (NASDAQ:XEL), purchasing 13,474 shares valued at approximately $1,082,000. This investment comes as other institutional investors have also adjusted their holdings in XEL. Xcel Energy recently reported strong Q2 earnings, exceeding analyst estimates, and declared a quarterly dividend of $0.5925 per share.
JPMorgan Adjusts Xcel Energy Price Target to $97 From $102
JPMorgan has revised its price target for Xcel Energy (NASDAQ:XEL) shares, lowering it to $97 from the previous $102. The firm has decided to maintain an Overweight rating on the utility company's stock. This adjustment reflects JPMorgan's updated valuation for Xcel Energy.
Pallas Capital Advisors LLC Buys New Shares in Xcel Energy Inc. $XEL
Pallas Capital Advisors LLC has acquired a new position in Xcel Energy Inc. (NASDAQ:XEL), purchasing 26,038 shares valued at approximately $2.09 million during the second quarter. Xcel Energy stock opened at $79.21, has a market cap of $49.48 billion, and recently declared a quarterly dividend of $0.5925 per share. Analysts generally have a "Buy" rating on the stock, with a consensus target price of $92.41.
Global Retirement Partners LLC Makes New $1.35 Million Investment in Xcel Energy Inc. $XEL
Global Retirement Partners LLC has made a new investment of $1.35 million in Xcel Energy Inc. (NASDAQ:XEL) by purchasing 16,833 shares during the second quarter. Other institutional investors have also adjusted their holdings in XEL, with a significant portion of the stock owned by hedge funds. Analysts have issued varied price targets and ratings for Xcel Energy, which recently reported its quarterly earnings and announced a dividend.
Commerzbank Aktiengesellschaft FI Makes New $2.62 Million Investment in Xcel Energy Inc. $XEL
Commerzbank Aktiengesellschaft FI has made a new investment of $2.62 million in Xcel Energy Inc. by purchasing 32,695 shares. This move is part of broader institutional interest, with several other firms also adjusting their stakes in Xcel Energy. The article details Xcel Energy's stock performance, recent earnings, dividend announcement, and current analyst ratings, which generally recommend a "Buy."
Xos soars on back of Air Force energy storage tech contract
Xos Inc (NASDAQ: XOS) shares surged after securing a prototype contract with the United States Air Force to adapt its mobile battery energy storage system into a rugged, deployable charging unit. This deal marks the company's entry into the defense sector, expanding on its existing commercial applications for Xos Hub systems. Despite the strategic potential, the company faces ongoing financial challenges, including tight cash runway and lagging core vehicle volumes.
Oppenheimer Asset Management Inc. Invests $1.12 Million in Xcel Energy Inc. $XEL
Oppenheimer Asset Management Inc. has initiated a new position in Xcel Energy Inc. (NASDAQ:XEL), purchasing 14,001 shares valued at approximately $1.12 million. Xcel Energy, a utility holding company, maintains a "Buy" consensus rating from analysts with an average target price of $92.41, and recently reported strong quarterly earnings of $0.93 per share, surpassing estimates. The company also declared a quarterly dividend of $0.5925 per share, offering a 3.0% annualized yield.
AMG National Trust Bank Makes New Investment in Xcel Energy Inc. $XEL
AMG National Trust Bank has initiated a new investment in Xcel Energy Inc. by purchasing 31,019 shares valued at approximately $2.491 million during the second quarter. Other institutional investors have also increased their stakes in Xcel Energy, bringing the total institutional ownership to 78.38%. The company recently reported earnings of $0.93 EPS, surpassing analyst estimates, and announced a quarterly dividend of $0.5925 per share.
Fermi Inc. Earnings Call Shows Big AI Power Bet
Fermi Inc.'s recent Q2 earnings call highlighted significant progress in commercial deals, operational capacity expansion, and improved liquidity, particularly noting a binding agreement with TensorWave for up to 650 MW, expected to generate $6.5 billion in revenue. The company detailed a clear roadmap to deliver 640 MW of nameplate capacity by Q4 2027, underpinned by major equipment arrivals and a strategic alliance with Hillcore that doubles Project Matador's capacity. Despite these positive developments, risks remain regarding project finance finalization, execution towards 2027 power targets, and concentration with a single anchor tenant, alongside limited immediate CapEx and margin detail.
Energy company locks Colorado mom’s thermostat during scorching heat wave — ‘not safe’
A Colorado woman, Kyri Baker, found her thermostat locked by Xcel Energy during a heatwave, preventing her from lowering her home's temperature below 79 degrees. This occurred despite her voluntary enrollment in Xcel's Saver's Switch program, which offers a $40 monthly credit for allowing the company to manage AC usage during peak demand. Baker raised concerns about the safety implications of such restrictions, especially for vulnerable populations, and highlighted the need for infrastructure upgrades rather than relying solely on customer demand reduction.
Fermi Announces Second Quarter 2026 Results and Delivers on All Five 90-Day Objectives
Fermi Inc. announced its second quarter 2026 results, highlighting the successful completion of all five aggressive 90-day objectives. Key achievements include signing a binding agreement with TensorWave as their first anchor customer, appointing Lee McIntire as CEO, establishing a strategic alliance with Hillcore for additional power generation, receiving three F-class turbines, and strengthening liquidity through a $431 million convertible note offering. These milestones position Fermi to advance its large-scale private power grid for AI and advanced computing.
Fund Update: 501,775 XCEL ENERGY (XEL) shares added to Magellan Asset Management Ltd portfolio
Magellan Asset Management Ltd has increased its holdings in XCEL ENERGY (XEL) by 501,775 shares, as revealed in a recent SEC 13F filing for the report period ending June 30, 2026. The article also details other significant institutional investor activities, insider trading data, government contracts awarded to XCEL ENERGY, and recent analyst price targets for the stock.
Xcel Energy Inc. stock outperforms competitors on strong trading day
Xcel Energy Inc. (XEL) saw its stock rise by 1.21% to $78.60 on Wednesday, outperforming the S&P 500 which rose 0.26%, and the Dow Jones Industrial Average which fell 0.04%. This marks the second consecutive day of gains for the company's stock.
Tema ETFs LLC Acquires 59,458 Shares of Xcel Energy Inc. $XEL
Tema ETFs LLC significantly increased its stake in Xcel Energy Inc. by 43.3% in the second quarter, bringing its total holdings to 196,808 shares valued at $15.8 million. Wall Street analysts maintain a "Buy" rating for Xcel Energy, with an average price target of $92.76, while the company reported beating EPS expectations but a 5.1% decline in revenue. Xcel Energy also declared a quarterly dividend of $0.5925, resulting in a 3.1% annualized yield.
New Mexico Electricity Costs & Rates (August 2026)
New Mexico's average residential electricity rate in August 2026 is 14.12¢/kWh, which is about 23% below the U.S. average, with a typical household spending around $82/month. The state is regulated, meaning residents cannot choose their electricity provider, and it is pursuing 100% carbon-free electricity by 2045 through its Energy Transition Act. The article details the state's significant solar growth, the utilities operating within its borders, the controversial acquisition of PNM by Avangrid, and the ongoing transition away from coal power.
Barclays Reaffirms Their Buy Rating on Constellation Energy Corporation (CEG)
Barclays has maintained a Buy rating on Constellation Energy Corporation (CEG) with a price target of $324.00, according to analyst Nicholas Campanella. Scotiabank also issued a Buy rating recently, while Goldman Sachs maintained a Hold rating. The company reported quarterly revenues of $7.51 billion and a net profit of $513 million for the quarter ending June 30.
Xcel's coal plant has been offline for a year. Who will pay the repair bill?
Xcel Energy's Comanche 3 power plant has been offline for a year due to turbine damage, raising concerns that customers might bear the repair costs and associated power expenses. A watchdog group, CoPIRG, is advocating against customers paying, citing the plant's history of unreliability, while Xcel Energy states that capital repair costs are not part of current customer bills and future cost recovery proposals will be subject to PUC review. The Colorado Public Utilities Commission will decide who ultimately pays for the repairs and power gaps.
Xcel Energy Inc. stock underperforms Tuesday when compared to competitors despite daily gains
Xcel Energy Inc. (XEL) shares advanced 1.03% on Tuesday, closing at $77.66, despite an overall negative trading session for the broader market. The S&P 500 Index and Dow Jones Industrial Average both saw declines. The company's stock closed 7.80% below its 52-week high of $84.23, achieved on February 26th.
PowerBank signs lease for 4-MW solar project in Ontario
PowerBank has signed a lease agreement for a 4-MW solar project located in Ontario, Canada. This development is part of the ongoing expansion in the solar power sector within the region. The article indicates a growing trend in renewable energy projects.
15,855 Shares in Xcel Energy Inc. $XEL Purchased by Sapient Capital LLC
Sapient Capital LLC recently acquired 15,855 shares of Xcel Energy Inc. (NASDAQ:XEL), valued at approximately $1.27 million, marking a new stake for the fund. This comes as institutional investors collectively own 78.38% of the company, with several major firms also increasing their holdings. Analysts maintain a "Buy" rating for Xcel Energy, with an average price target of $92.76, following a positive earnings report where the company beat EPS estimates despite a slight revenue decline.
Xcel Energy (XEL) Elects Peter Carter To Its Board Of Directors
Xcel Energy (XEL) has appointed Peter Carter, president of Delta Air Lines, to its board of directors as an independent director. This move is expected to bring new perspectives on operations, customer service, and large-scale capital planning. While not a major strategic shift, Carter's role on key committees will likely influence risk oversight, funding, and long-term project delivery, particularly concerning grid expansion and data center growth.
Barclays Reaffirms Their Buy Rating on Constellation Energy Corporation (CEG)
Barclays analyst Nicholas Campanella has maintained a Buy rating on Constellation Energy Corporation (CEG) with a price target of $324.00. This affirmation comes after the company reported strong Q2 earnings with a revenue of $7.51 billion and a net profit of $513 million, surpassing last year's figures in revenue. While Scotiabank also issued a Buy rating, Goldman Sachs maintained a Hold rating on CEG.
Ausbil Investment Management Ltd Makes New Investment in Xcel Energy Inc. $XEL
Ausbil Investment Management Ltd has acquired a new position in Xcel Energy Inc. (NASDAQ:XEL), purchasing 94,283 shares valued at approximately $7.51 million, making it their 9th largest holding. Other hedge funds have also adjusted their stakes in Xcel Energy, with institutional investors now owning 78.38% of the stock. Xcel Energy recently reported strong quarterly earnings, surpassing analyst estimates, and announced a quarterly dividend, while analysts maintain a "Buy" consensus rating for the utility company.
Xcel Energy rate increase request scaled back, but Colorado customers say any hike is too much
Xcel Energy's proposed rate increase has been scaled back by the Public Utilities Commission from $225 million to $166 million, but Colorado residents are still pushing back, stating that current bills are already unmanageable, especially during hot summer months. Customers highlight the struggle to afford their electricity, with some accumulating hundreds of dollars in overdue payments, despite Xcel Energy's claim of affordable rates compared to the national average. Xcel Energy has justified the increase by detailing investments in infrastructure upgrades.
Xcel Energy Inc. (NASDAQ:XEL) Given Average Rating of "Buy" by Brokerages
Xcel Energy Inc. (NASDAQ:XEL) has received an average rating of "Buy" from brokerages, with 14 out of 17 analysts recommending a buy, two a strong buy, and one a sell. The average 12-month price target is $92.76, exceeding its current share price of $78.07. The company recently reported adjusted earnings of $0.93 per share, surpassing expectations, and declared a quarterly dividend of $0.5925, offering a 3.0% yield.
Czech National Bank Acquires 16,588 Shares of Xcel Energy Inc. $XEL
The Czech National Bank has increased its stake in Xcel Energy Inc. (NASDAQ:XEL) by 10.3% in the second quarter, acquiring an additional 16,588 shares to bring its total holdings to 177,691 shares valued at approximately $14.3 million. Xcel Energy reported strong Q2 earnings per share of $0.93, surpassing analyst estimates, though revenue declined 5.1% year-over-year. The company maintains a "Buy" consensus rating from analysts with an average price target of $92.76, and recently declared a quarterly dividend of $0.5925 per share.
Xcel Energy Stock Outlook: Is Wall Street Bullish or Bearish?
Xcel Energy (XEL) has underperformed the S&P 500 over the past year but has edged out its utility peers. The company recently reported strong Q2 results, driven by infrastructure investments and robust electricity demand, and reaffirmed its full-year EPS guidance for 2026. Analysts maintain a "Strong Buy" consensus rating for XEL, with price targets indicating significant potential upside.
Assenagon Asset Management S.A. Grows Stake in Xcel Energy Inc. $XEL
Assenagon Asset Management S.A. significantly increased its stake in Xcel Energy Inc. (NASDAQ:XEL) during the second quarter, raising its holdings by 6,158.2% to own over 1.17 million shares worth approximately $94.2 million. Other institutional investors also adjusted their positions in XEL. The company recently reported its Q2 earnings, surpassing analyst estimates, and declared a quarterly dividend of $0.5925 per share.
Xcel Energy Inc. stock outperforms competitors on strong trading day
Shares of Xcel Energy Inc. (XEL) rose 1.43% to $78.07 on Friday, outperforming the broader market during a strong trading session. The S&P 500 Index (SPX) increased by 0.62%, and the Dow Jones Industrial Average (DJIA) rose by 0.28%. This gain broke a two-day losing streak for Xcel Energy Inc.
