Hager Investment Management Services LLC Acquires 2,475 Shares of NorthWestern Energy Group, Inc. $NWE

Hager Investment Management Services LLC boosted its holdings in NorthWestern Energy Group, Inc. (NYSE:NWE) by 26.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 11,750 shares of the company’s stock after purchasing an additional 2,475 shares during the quarter. Hager Investment Management Services LLC’s holdings in NorthWestern Energy Group were worth $603,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Systematic Financial Management LP boosted its stake in NorthWestern Energy Group by 0.4% in 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 period. Westwood Holdings Group Inc. boosted its stake 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 worth $57,940,000 after purchasing an additional 117,087 shares during the period. Nuveen LLC bought a new position in NorthWestern Energy Group in the 1st quarter worth approximately $53,538,000. AQR Capital Management LLC boosted its stake in NorthWestern Energy Group by 38.9% in the 1st quarter. AQR Capital Management LLC now owns 583,063 shares of the company’s stock worth $33,482,000 after purchasing an additional 163,147 shares during the period. Finally, Voya Investment Management LLC boosted its stake in NorthWestern Energy Group by 38.2% in the 1st quarter. Voya Investment Management LLC now owns 289,229 shares of the company’s stock worth $16,738,000 after purchasing an additional 79,992 shares during the period. 96.07% of the stock is currently owned by institutional investors.

NorthWestern Energy Group Stock Up 0.2%

Shares of NWE opened at $59.00 on Thursday. The stock has a market capitalization of $3.62 billion, a price-to-earnings ratio of 16.16, a price-to-earnings-growth ratio of 2.40 and a beta of 0.39. NorthWestern Energy Group, Inc. has a 1 year low of $50.43 and a 1 year high of $59.89. The business’s 50 day simple moving average is $56.77 and its 200-day simple moving average is $55.37. 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 (NYSE:NWE) last issued 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 return on equity of 7.40% and a net margin of 14.81%.The firm’s revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.53 EPS. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. As a group, equities analysts expect that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current fiscal year.

NorthWestern Energy Group Announces Dividend

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