3,400 Shares in NorthWestern Energy Group, Inc. $NWE Acquired by Strs Ohio

Strs Ohio acquired a new position in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 3,400 shares of the company’s stock, valued at approximately $197,000.

Several other institutional investors have also recently modified their holdings of NWE. Squarepoint Ops LLC acquired a new position in shares of NorthWestern Energy Group during the 4th quarter worth approximately $210,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of NorthWestern Energy Group by 9.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 136,322 shares of the company’s stock valued at $7,288,000 after buying an additional 11,324 shares during the last quarter. Mackenzie Financial Corp raised its position in shares of NorthWestern Energy Group by 144.1% in the fourth quarter. Mackenzie Financial Corp now owns 10,247 shares of the company’s stock valued at $548,000 after buying an additional 6,049 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in shares of NorthWestern Energy Group in the fourth quarter valued at approximately $203,000. Finally, GAMMA Investing LLC raised its position in shares of NorthWestern Energy Group by 7,288.9% in the first quarter. GAMMA Investing LLC now owns 132,927 shares of the company’s stock valued at $7,692,000 after buying an additional 131,128 shares during the last quarter. 96.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

NorthWestern Energy Group Stock Up 1.1%

NWE opened at $57.43 on Thursday. The firm has a 50 day moving average price of $55.67 and a 200 day moving average price of $55.22. The company has a market cap of $3.53 billion, a PE ratio of 15.73, a price-to-earnings-growth ratio of 2.40 and a beta of 0.40. NorthWestern Energy Group, Inc. has a 1 year low of $50.43 and a 1 year high of $59.89. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.37 and a current ratio of 0.52.

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

NorthWestern Energy Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a $0.66 dividend. 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 71.93%.

NorthWestern Energy Group Company 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.