XELNasdaqElectric & Other Services CombinedFiscal year ends December 31Also trades as XELLL
XCEL ENERGY INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$75.14−1.17 (-1.53%)
Close on Oct 19, 2026
- Market cap
- $47.11B
- P/E (TTM)
- 20.6
- Dividend yield
- 3.03%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
598M
Shares held, 13F filers
Institutional holders
1,285
110 new, 75 sold out
Net institutional buying
28M
In Q2 2026
Insider trades, 12 months
0 buys · 2 sales
Net sold $1.40M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 49,987,090 | 9.10% | 13G (passive) amendment | Dec 31, 2023 |
| Vanguard Capital Management | 45,753,794 | 7.33% | 13G (passive) | Mar 31, 2026 |
| State Street Corporation | 37,150,945 | 6.70% | 13G (passive) amendment | Sep 30, 2024 |
| Vanguard Portfolio Management | 34,848,115 | 5.58% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of XEL | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 60,898,333 | – | $4.89B | +6,986,926 | 0.07% |
| Vanguard Capital Management LLC | 40,769,716 | – | $3.27B | +1,280,554 | 0.07% |
| State Street Corp | 38,896,012 | – | $3.15B | +1,770,356 | 0.09% |
| Vanguard Portfolio Management LLC | 35,610,992 | – | $2.86B | +834,517 | 0.13% |
| Bank Of America Corp /De/ | 29,933,748 | – | $2.40B | +491,937 | 0.15% |
| Capital Research Global Investors | 29,301,965 | – | $2.35B | +2,043,441 | 0.33% |
| JPMorgan Chase & Co | 21,741,661 | – | $1.78B | −6,957,306 | 0.10% |
| Invesco Ltd. | 21,381,193 | – | $1.72B | +212,731 | 0.14% |
| Geode Capital Management, LLC | 18,042,089 | – | $1.44B | +1,047,557 | 0.08% |
| Massachusetts Financial Services Co /Ma/ | 16,269,553 | – | $1.32B | −1,809,087 | 0.42% |
| FMR LLC | 11,152,597 | – | $895.55M | +4,433,391 | 0.04% |
| GQG Partners LLC | 11,104,441 | – | $891.69M | −88,721 | 1.66% |
| Goldman Sachs Group Inc | 10,997,965 | – | $883.14M | +3,986,326 | 0.08% |
| Aristotle Capital Management, LLC | 10,459,005 | – | $839.86M | −647,316 | 1.76% |
| Pictet Asset Management Holding SA | 9,038,572 | – | $725.81M | +166,709 | 0.69% |
| Barrow Hanley Mewhinney & Strauss LLC | 8,818,013 | – | $708.09M | +3,245,355 | 2.15% |
| Morgan Stanley | 7,894,693 | – | $633.94M | +724,974 | 0.03% |
| Franklin Resources Inc | 7,869,605 | – | $631.93M | +102,463 | 0.14% |
| Price T Rowe Associates Inc /Md/ | 7,034,477 | – | $564.87K | −529,033 | 0.06% |
| Legal & General Group Plc | 6,270,777 | – | $503.54M | +69,742 | 0.11% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 1,285 | 598M | 110 / 552 | 393 / 75 | 55M | 27M |
| Q1 2026 | 1,272 | 572M | 131 / 475 | 448 / 88 | 137M | 53M |
| Q4 2025 | 1,251 | 567M | 175 / 497 | 373 / 83 | 53M | 47M |
| Q3 2025 | 1,185 | 562M | 149 / 482 | 329 / 79 | 65M | 20M |
| Q2 2025 | 1,133 | 517M | 114 / 458 | 358 / 103 | 49M | 29M |
| Q1 2025 | 1,135 | 497M | 125 / 418 | 364 / 85 | 37M | 27M |
| Q4 2024 | 1,114 | 489M | 168 / 451 | 305 / 67 | 60M | 42M |
| Q3 2024 | 1,031 | 473M | 142 / 384 | 341 / 73 | 95M | 31M |
| Q2 2024 | 972 | 455M | 86 / 392 | 331 / 81 | 37M | 51M |
| Q1 2024 | 979 | 471M | 110 / 329 | 376 / 138 | 64M | 54M |
| Q4 2023 | 1,018 | 462M | 171 / 366 | 326 / 67 | 56M | 24M |
| Q3 2023 | 927 | 430M | 90 / 365 | 301 / 111 | 42M | 37M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of XEL | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 19,816,544 | – | $1.59B | 0.07% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 16,189,997 | – | $1.30B | 0.08% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 13,526,684 | – | $1.09B | 0.48% | Jun 30, 2026 |
| Invesco QQQ Trust, Series 1 | 13,251,484 | – | $1.06B | 0.22% | Jun 30, 2026 |
| State Street(R) Utilities Select Sector SPDR(R) ETF | 10,158,095 | – | $815.70M | 3.53% | Jun 30, 2026 |
| MFS Value Fund | 8,610,810 | – | $684.56M | 1.34% | May 31, 2026 |
| iShares Core S&P 500 ETF | 8,587,217 | – | $689.55M | 0.08% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 7,569,953 | – | $601.81M | 0.07% | May 31, 2026 |
| Capital World Growth & Income Fund | 7,382,459 | – | $586.91M | 0.37% | May 31, 2026 |
| JPMorgan Equity Income Fund | 6,647,239 | – | $533.77M | 1.23% | Jun 30, 2026 |
| Investment Co of America | 6,241,558 | – | $501.20M | 0.27% | Jun 30, 2026 |
| Vanguard Value Index Fund | 5,936,961 | – | $476.74M | 0.19% | Jun 30, 2026 |
| American Mutual Fund | 5,936,294 | – | $464.22M | 0.39% | Jul 31, 2026 |
| Capital Income Builder | 4,295,655 | – | $335.92M | 0.26% | Jul 31, 2026 |
| Vanguard Utilities Index Fund | 4,117,473 | – | $327.34M | 3.09% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Robert Frenzel | Chairman, President and CEO, Director | 512,597 | Mar 4, 2026 |
| Amanda J. Rome | EVP, Group President, Utilitie | 55,819 | Mar 23, 2026 |
| Melissa Ostrom | SVP, Controller | 12,734 | Mar 4, 2026 |
| Scott Sharp | EVP, Chief Generation Officer | 30,371 | Mar 4, 2026 |
| Patricia Correa | SVP, Chief Human Resources Off | 25,081 | Mar 4, 2026 |
| Ryan J. Long | EVP, Chief Legal and | 21,681 | Mar 4, 2026 |
| Abel Brian J. Van | EVP, Chief Financial Officer | 110,713 | Mar 4, 2026 |
| Michael G. Lamb | EVP, Chief Delivery Officer | 42,486 | Mar 4, 2026 |
| Timothy John O'Connor | EVP, Chief Operations Officer | 21,255 | Feb 27, 2025 |
| Robert Berntsen | EVP, Chief Legal | 6,283 | Jan 6, 2025 |
| Lynn Casey | Director | 44,520 | Sep 30, 2026 |
| Charles G. Pardee | Director | 34,643 | Sep 30, 2026 |
| Peter W. Carter | Director | 2,222 | Sep 30, 2026 |
| Patricia L. Kampling | Director | 26,011 | Sep 30, 2026 |
| Timothy A. Welsh | Director | 18,195 | Sep 30, 2026 |
| Megan D. Burkhart | Director | 24,703 | Sep 30, 2026 |
| Maria Demaree Hutchinson | Director | 3,234 | May 22, 2026 |
| Netha N. Johnson | Director | 19,340 | May 22, 2026 |
| Devin W. Stockfish | Director | 7,798 | May 22, 2026 |
| George J. Kehl | Director | 19,425 | May 22, 2026 |
| James T. Prokopanko | Director | 37,882 | May 23, 2025 |
| Richard T. Obrien | Director | 100,045 | May 23, 2025 |
| Christopher J. Policinski | Director | 140,042 | Mar 31, 2025 |
| Kim Williams | Director | 112,359 | Dec 9, 2024 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Charles G. Pardee Director | Sep 28, 2026 | Award | +666.19 | – | – | 34,643 |
| Timothy A. Welsh Director | Sep 28, 2026 | Award | +580.23 | – | – | 18,195 |
| Patricia L. Kampling Director | Sep 28, 2026 | Award | +773.64 | – | – | 26,011 |
| Lynn Casey Director | Sep 28, 2026 | Award | +580.23 | – | – | 44,520 |
| Peter W. Carter Director | Sep 28, 2026 | Award | +403.64 | – | – | 2,222 |
| Megan D. Burkhart Director | Sep 28, 2026 | Award | +687.68 | – | – | 24,703 |
| Peter W. Carter Director | Jul 29, 2026 | Award | +1,818.74 | – | – | 1,819 |
| Patricia L. Kampling Director | Jun 28, 2026 | Award | +607.78 | – | – | 25,158 |
| Charles G. Pardee Director | Jun 28, 2026 | Award | +541.03 | – | – | 33,852 |
| Lynn Casey Director | Jun 28, 2026 | Award | +492.52 | – | – | 43,616 |
| Timothy A. Welsh Director | Jun 28, 2026 | Award | +468.07 | – | – | 17,487 |
| Megan D. Burkhart Director | Jun 28, 2026 | Award | +583.73 | – | – | 23,841 |
| George J. Kehl Director | May 21, 2026 | Award | +2,253.94 | – | – | 19,425 |
| Timothy A. Welsh Director | May 21, 2026 | Award | +2,253.94 | – | – | 17,018 |
| Netha N. Johnson Director | May 21, 2026 | Award | +2,253.94 | – | – | 19,340 |
| Patricia L. Kampling Director | May 21, 2026 | Award | +2,253.94 | – | – | 24,551 |
| Devin W. Stockfish Director | May 21, 2026 | Award | +2,253.94 | – | – | 7,798 |
| Lynn Casey Director | May 21, 2026 | Award | +2,253.94 | – | – | 43,123 |
| Megan D. Burkhart Director | May 21, 2026 | Award | +2,253.94 | – | – | 23,257 |
| Charles G. Pardee Director | May 21, 2026 | Award | +2,253.94 | – | – | 33,311 |
| Maria Demaree Hutchinson Director | May 21, 2026 | Award | +2,253.94 | – | – | 3,234 |
| Charles G. Pardee Director | Mar 28, 2026 | Award | +580.53 | – | – | 30,941 |
| Megan D. Burkhart Director | Mar 28, 2026 | Award | +614.68 | – | – | 20,854 |
| Patricia L. Kampling Director | Mar 28, 2026 | Award | +614.68 | – | – | 22,225 |
| Timothy A. Welsh Director | Mar 28, 2026 | Award | +480.22 | – | – | 14,660 |
| Lynn Casey Director | Mar 28, 2026 | Award | +518.63 | – | – | 40,576 |
| Amanda J. Rome EVP, Group President, Utilitie | Mar 20, 2026 | Inheritance | +6 | – | – | 55,819 |
| Ryan J. Long EVP, Chief Legal and | Mar 4, 2026 | Sale | −800 | $82.91 | $66.33K | 19,761 |
| Amanda J. Rome EVP, Group President, Utilitie | Mar 2, 2026 | Sale | −15,969 | $83.61 | $1.34M | 47,937 |
| Amanda J. Rome EVP, Group President, Utilitie | Mar 2, 2026 | Award | +7,876 | – | – | 55,813 |
| Scott Sharp EVP, Chief Generation Officer | Mar 2, 2026 | Award | +4,118 | – | – | 30,274 |
| Michael G. Lamb EVP, Chief Delivery Officer | Mar 2, 2026 | Award | +4,655 | – | – | 16,654 |
| Abel Brian J. Van EVP, Chief Financial Officer | Mar 2, 2026 | Award | +9,129 | – | – | 110,697 |
| Robert Frenzel Chairman, President and CEO, Director | Mar 2, 2026 | Award | +42,065 | – | – | 512,597 |
| Patricia Correa SVP, Chief Human Resources Off | Mar 2, 2026 | Award | +4,207 | – | – | 25,081 |
| Melissa Ostrom SVP, Controller | Mar 2, 2026 | Award | +1,450 | – | – | 12,330 |
| Ryan J. Long EVP, Chief Legal and | Mar 2, 2026 | Award | +5,370 | – | – | 20,561 |
| Melissa Ostrom SVP, Controller | Feb 24, 2026 | Tax withholding | −1,546.14 | $83.35 | $128.87K | 10,880 |
| Melissa Ostrom SVP, Controller | Feb 24, 2026 | Award | +3,775 | – | – | 11,322 |
| Melissa Ostrom SVP, Controller | Feb 24, 2026 | Option exercise | +1,104.14 | – | – | 12,426 |
| Amanda J. Rome EVP, Group President, Utilitie | Feb 24, 2026 | Tax withholding | −10,787.34 | $83.35 | $899.12K | 63,906 |
| Amanda J. Rome EVP, Group President, Utilitie | Feb 24, 2026 | Award | +20,700 | – | – | 68,637 |
| Amanda J. Rome EVP, Group President, Utilitie | Feb 24, 2026 | Option exercise | +6,056.34 | – | – | 74,693 |
| Patricia Correa SVP, Chief Human Resources Off | Feb 24, 2026 | Tax withholding | −4,921.05 | $83.35 | $410.17K | 20,874 |
| Patricia Correa SVP, Chief Human Resources Off | Feb 24, 2026 | Award | +11,053 | – | – | 22,560 |
| Patricia Correa SVP, Chief Human Resources Off | Feb 24, 2026 | Option exercise | +3,235.05 | – | – | 25,795 |
| Robert Frenzel Chairman, President and CEO, Director | Feb 24, 2026 | Award | +97,065 | – | – | 499,335 |
| Robert Frenzel Chairman, President and CEO, Director | Feb 24, 2026 | Tax withholding | −57,195.65 | $83.35 | $4.77M | 470,532 |
| Robert Frenzel Chairman, President and CEO, Director | Feb 24, 2026 | Option exercise | +28,392.65 | – | – | 527,728 |
| Abel Brian J. Van EVP, Chief Financial Officer | Feb 24, 2026 | Option exercise | +8,202.03 | – | – | 116,813 |
| Abel Brian J. Van EVP, Chief Financial Officer | Feb 24, 2026 | Award | +28,041 | – | – | 108,611 |
| Abel Brian J. Van EVP, Chief Financial Officer | Feb 24, 2026 | Tax withholding | −15,245.03 | $83.35 | $1.27M | 101,568 |
| Michael G. Lamb EVP, Chief Delivery Officer | Feb 24, 2026 | Tax withholding | −1,977.78 | $83.35 | $164.85K | 11,999 |
| Michael G. Lamb EVP, Chief Delivery Officer | Feb 24, 2026 | Option exercise | +2,887.78 | – | – | 13,977 |
| Michael G. Lamb EVP, Chief Delivery Officer | Feb 24, 2026 | Award | +3,615 | – | – | 11,089 |
| Ryan J. Long EVP, Chief Legal and | Feb 24, 2026 | Tax withholding | −1,725.36 | $83.35 | $143.81K | 15,191 |
| Ryan J. Long EVP, Chief Legal and | Feb 24, 2026 | Award | +4,322 | – | – | 15,789 |
| Ryan J. Long EVP, Chief Legal and | Feb 24, 2026 | Option exercise | +1,127.36 | – | – | 16,916 |
| Scott Sharp EVP, Chief Generation Officer | Feb 24, 2026 | Tax withholding | −1,619.51 | $83.35 | $134.99K | 26,156 |
| Scott Sharp EVP, Chief Generation Officer | Feb 24, 2026 | Option exercise | +1,065.51 | – | – | 27,776 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| James T. Prokopanko Director | May 26, 2026 | 1,000 | $81.03K | May 26, 2026 | Open Market Purchase |
| John Long Ryan Officer | Mar 4, 2026 | 800 | $66.32K | Mar 4, 2026 | Restricted stock vesting under a registered plan |
| Jane Rome Amanda Officer | Mar 2, 2026 | 15,969 | $1.34M | Mar 2, 2026 | Restricted stock vesting under a registered plan |
| Timothy John O'Connor Officer | May 1, 2025 | 13,338 | $943.01K | May 1, 2025 | Vesting of equity compensation |
| Timothy John O'Connor Officer | May 21, 2024 | 17,563 | $984.76K | May 20, 2024 | Vesting of equity compensation |
| Brett C. Carter Officer | May 1, 2023 | 30,000 | $2.10M | May 1, 2023 | Vesting of equity compensation |
| Timothy John O'Connor Officer | Apr 28, 2023 | 15,625 | $1.10M | Apr 28, 2023 | Vesting of equity compensation |