Farther Finance Advisors LLC Sells 346 Shares of NorthWestern Energy Group, Inc. $NWE

Farther Finance Advisors LLC reduced its position in NorthWestern Energy Group, Inc. (NYSE:NWE) by 40.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 499 shares of the company’s stock after selling 346 shares during the quarter. Farther Finance Advisors LLC’s holdings in NorthWestern Energy Group were worth $26,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ransom Advisory Ltd raised its position in NorthWestern Energy Group by 800.0% in the 2nd quarter. Ransom Advisory Ltd now owns 1,800 shares of the company’s stock worth $92,000 after purchasing an additional 1,600 shares during the period. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in NorthWestern Energy Group in the 1st quarter worth about $116,000. Kestra Investment Management LLC purchased a new stake in NorthWestern Energy Group in the 1st quarter worth about $129,000. 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 worth $133,000 after purchasing an additional 498 shares during the period. Finally, CWM LLC raised its position in NorthWestern Energy Group by 38.0% in the 1st quarter. CWM LLC now owns 3,055 shares of the company’s stock worth $177,000 after purchasing an additional 842 shares during the period. 96.07% of the stock is owned by hedge funds and other institutional investors.

NorthWestern Energy Group Stock Performance

NorthWestern Energy Group stock opened at $59.00 on Thursday. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.52 and a quick ratio of 0.37. NorthWestern Energy Group, Inc. has a 1-year low of $50.43 and a 1-year high of $59.89. The firm has a market capitalization of $3.62 billion, a P/E ratio of 16.16, a price-to-earnings-growth ratio of 2.40 and a beta of 0.39. The company’s 50-day moving average is $56.77 and its 200 day moving average is $55.37.

NorthWestern Energy Group (NYSE:NWE) last issued its earnings results on Thursday, July 31st. The company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.02. NorthWestern Energy Group had a net margin of 14.81% and a return on equity of 7.40%. The company’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.53 EPS. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. Research analysts forecast that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current year.

NorthWestern Energy Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a dividend of $0.66 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.5%. NorthWestern Energy Group’s dividend payout ratio (DPR) is 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.