Jacobi Capital Management LLC Purchases 1,414 Shares of NorthWestern Energy Group, Inc. $NWE

Jacobi Capital Management LLC boosted its stake in NorthWestern Energy Group, Inc. (NYSE:NWE) by 28.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,371 shares of the company’s stock after buying an additional 1,414 shares during the quarter. Jacobi Capital Management LLC’s holdings in NorthWestern Energy Group were worth $369,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Principal Financial Group Inc. raised its position in NorthWestern Energy Group by 4.1% in the 1st quarter. Principal Financial Group Inc. now owns 181,192 shares of the company’s stock valued at $10,486,000 after buying an additional 7,177 shares during the last quarter. SG Americas Securities LLC purchased a new stake in NorthWestern Energy Group in the 1st quarter valued at $626,000. GAMMA Investing LLC raised its position in NorthWestern Energy Group by 27.7% in the 1st quarter. GAMMA Investing LLC now owns 2,297 shares of the company’s stock valued at $133,000 after buying an additional 498 shares during the last quarter. EntryPoint Capital LLC purchased a new stake in NorthWestern Energy Group in the 1st quarter valued at $356,000. Finally, KBC Group NV raised its position in NorthWestern Energy Group by 30.6% in the 1st quarter. KBC Group NV now owns 3,266 shares of the company’s stock valued at $189,000 after buying an additional 765 shares during the last quarter. 96.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, LADENBURG THALM/SH SH reissued a “neutral” rating and issued a $56.00 price target (down from $57.50) on shares of NorthWestern Energy Group in a research report on Monday, June 2nd. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, NorthWestern Energy Group currently has an average rating of “Hold” and an average target price of $59.17.

NorthWestern Energy Group Stock Up 0.1%

NWE stock opened at $57.14 on Friday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.37 and a current ratio of 0.52. The company has a market capitalization of $3.51 billion, a price-to-earnings ratio of 15.65, a PEG ratio of 2.40 and a beta of 0.40. NorthWestern Energy Group, Inc. has a fifty-two week low of $50.43 and a fifty-two week high of $59.89. The stock has a fifty day moving average of $55.00 and a 200-day moving average of $55.17.

NorthWestern Energy Group (NYSE:NWE) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.02. NorthWestern Energy Group had a return on equity of 7.40% and a net margin of 14.81%.NorthWestern Energy Group’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.53 earnings per share. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. As a group, equities research analysts predict that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current year.

NorthWestern Energy Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a dividend of $0.66 per share. The ex-dividend date is Monday, September 15th. This represents a $2.64 annualized dividend and a dividend yield of 4.6%. NorthWestern Energy Group’s dividend payout ratio is presently 71.93%.

NorthWestern Energy Group Profile

NorthWestern Energy Group, Inc provides electricity and natural gas to residential, commercial, and various industrial customers. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities.