VIRGINIA RETIREMENT SYSTEMS ET Al Has $2.77 Million Stock Position in MDU Resources Group, Inc. $MDU

VIRGINIA RETIREMENT SYSTEMS ET Al lowered its position in shares of MDU Resources Group, Inc. (NYSE:MDU) by 15.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 141,801 shares of the utilities provider’s stock after selling 25,200 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in MDU Resources Group were worth $2,768,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of MDU. GoalVest Advisory LLC acquired a new position in MDU Resources Group during the 4th quarter worth approximately $26,000. Flagship Harbor Advisors LLC acquired a new stake in shares of MDU Resources Group in the 4th quarter valued at approximately $27,000. Geneos Wealth Management Inc. boosted its holdings in shares of MDU Resources Group by 94.5% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,647 shares of the utilities provider’s stock valued at $27,000 after buying an additional 800 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in shares of MDU Resources Group by 6,404.3% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,496 shares of the utilities provider’s stock valued at $27,000 after buying an additional 1,473 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its holdings in shares of MDU Resources Group by 42.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,211 shares of the utilities provider’s stock valued at $39,000 after buying an additional 663 shares during the last quarter. Institutional investors and hedge funds own 71.44% of the company’s stock.

MDU Resources Group Trading Down 0.3%

Shares of MDU Resources Group stock opened at $22.55 on Friday. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.78 and a quick ratio of 0.75. The company has a market capitalization of $4.62 billion, a price-to-earnings ratio of 24.51, a P/E/G ratio of 4.17 and a beta of 0.70. The business has a fifty day simple moving average of $21.47 and a two-hundred day simple moving average of $20.66. MDU Resources Group, Inc. has a 1 year low of $15.76 and a 1 year high of $22.98.

MDU Resources Group (NYSE:MDU) last posted its quarterly earnings data on Thursday, May 7th. The utilities provider reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.03). The firm had revenue of $605.98 million for the quarter, compared to the consensus estimate of $688.34 million. MDU Resources Group had a return on equity of 6.82% and a net margin of 10.47%.The firm’s quarterly revenue was down 10.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.40 EPS. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. Research analysts forecast that MDU Resources Group, Inc. will post 0.98 EPS for the current year.

MDU Resources Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Thursday, June 11th will be given a dividend of $0.14 per share. The ex-dividend date is Thursday, June 11th. This represents a $0.56 annualized dividend and a yield of 2.5%. MDU Resources Group’s dividend payout ratio (DPR) is presently 60.87%.

Analyst Upgrades and Downgrades

MDU has been the subject of several recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of MDU Resources Group in a report on Friday, April 10th. Loop Capital set a $21.00 price objective on MDU Resources Group in a report on Tuesday, February 24th. JPMorgan Chase & Co. initiated coverage on MDU Resources Group in a report on Thursday, April 16th. They issued a “neutral” rating and a $22.00 price objective for the company. Finally, Citigroup reaffirmed a “neutral” rating on shares of MDU Resources Group in a report on Thursday, January 15th. One analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $21.25.

About MDU Resources Group

MDU Resources Group, Inc is a diversified energy and services holding company headquartered in Bismarck, North Dakota. The company operates through two primary segments: Utilities and Construction Services and Pipelines & Midstream. Serving a broad geographic footprint across the upper Midwest and Pacific Northwest, MDU provides essential energy distribution and infrastructure services to residential, commercial and industrial customers.

The Utilities segment delivers electric and natural gas distribution services in Montana, North Dakota, South Dakota, Minnesota, Kansas, Wisconsin, Michigan and Washington.