SteelPeak Wealth LLC Has $214,000 Stock Holdings in NorthWestern Energy Group, Inc. $NWE

SteelPeak Wealth LLC lessened its stake in NorthWestern Energy Group, Inc. (NYSE:NWE) by 4.7% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,174 shares of the company’s stock after selling 207 shares during the quarter. SteelPeak Wealth LLC’s holdings in NorthWestern Energy Group were worth $214,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in NWE. Systematic Financial Management LP increased its stake in shares of NorthWestern Energy Group by 0.4% during the 1st quarter. Systematic Financial Management LP now owns 1,114,838 shares of the company’s stock worth $64,516,000 after purchasing an additional 4,264 shares during the last quarter. Westwood Holdings Group Inc. boosted its holdings in NorthWestern Energy Group by 13.2% in the 1st quarter. Westwood Holdings Group Inc. now owns 1,001,201 shares of the company’s stock valued at $57,940,000 after purchasing an additional 117,087 shares during the period. Nuveen LLC bought a new stake in NorthWestern Energy Group in the 1st quarter valued at $53,538,000. AQR Capital Management LLC boosted its position in shares of NorthWestern Energy Group by 38.9% during the 1st quarter. AQR Capital Management LLC now owns 583,063 shares of the company’s stock valued at $33,482,000 after acquiring an additional 163,147 shares in the last quarter. Finally, Voya Investment Management LLC boosted its position in shares of NorthWestern Energy Group by 38.2% during the 1st quarter. Voya Investment Management LLC now owns 289,229 shares of the company’s stock valued at $16,738,000 after acquiring an additional 79,992 shares in the last quarter. Institutional investors and hedge funds own 96.07% of the company’s stock.

NorthWestern Energy Group Price Performance

Shares of NorthWestern Energy Group stock opened at $58.31 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 firm’s 50-day simple moving average is $56.86 and its 200-day simple moving average is $55.39. NorthWestern Energy Group, Inc. has a twelve month low of $50.43 and a twelve month high of $59.89. The firm has a market cap of $3.58 billion, a P/E ratio of 15.98, a price-to-earnings-growth ratio of 2.40 and a beta of 0.39.

NorthWestern Energy Group (NYSE:NWE) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.40 earnings per share (EPS) for the quarter, beating 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 posted $0.53 earnings per share. The firm’s revenue was up 7.1% on a year-over-year basis. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. As a group, research analysts expect that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current fiscal year.

NorthWestern Energy Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were issued a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Monday, September 15th. NorthWestern Energy Group’s dividend payout ratio (DPR) is currently 71.93%.

About NorthWestern Energy Group

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.