MQS Management LLC Buys New Shares in NorthWestern Energy Group, Inc. $NWE

MQS Management LLC bought a new stake in NorthWestern Energy Group, Inc. (NYSE:NWE) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 11,050 shares of the company’s stock, valued at approximately $567,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NWE. Nuveen LLC purchased a new position in NorthWestern Energy Group in the first quarter valued at $53,538,000. Jane Street Group LLC raised its stake in NorthWestern Energy Group by 1,549.9% in the first quarter. Jane Street Group LLC now owns 243,070 shares of the company’s stock valued at $14,066,000 after buying an additional 228,338 shares in the last quarter. Jupiter Asset Management Ltd. acquired a new stake in NorthWestern Energy Group in the first quarter valued at $9,899,000. AQR Capital Management LLC raised its stake in NorthWestern Energy Group by 38.9% in the first quarter. AQR Capital Management LLC now owns 583,063 shares of the company’s stock valued at $33,482,000 after buying an additional 163,147 shares in the last quarter. Finally, Westwood Holdings Group Inc. raised its stake in NorthWestern Energy Group by 13.2% in the first quarter. Westwood Holdings Group Inc. now owns 1,001,201 shares of the company’s stock valued at $57,940,000 after buying an additional 117,087 shares in the last quarter. 96.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Barclays raised their price target on NorthWestern Energy Group from $56.00 to $61.00 and gave the company an “overweight” rating in a research note on Tuesday. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $60.25.

NorthWestern Energy Group Stock Up 1.0%

NorthWestern Energy Group stock opened at $62.32 on Friday. NorthWestern Energy Group, Inc. has a fifty-two week low of $50.43 and a fifty-two week high of $62.43. 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 company has a market capitalization of $3.83 billion, a P/E ratio of 17.07, a PEG ratio of 2.40 and a beta of 0.39. The stock has a 50-day simple moving average of $57.90 and a 200-day simple moving average of $55.65.

NorthWestern Energy Group (NYSE:NWE) last posted its earnings results on Thursday, July 31st. The company reported $0.40 earnings per share for the quarter, beating 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%.During the same period in the prior year, the company posted $0.53 earnings per share. NorthWestern Energy Group’s revenue for the quarter 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. Equities research 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 was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, September 15th. NorthWestern Energy Group’s payout ratio is presently 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.