NorthWestern Energy Group, Inc. $NWE Shares Purchased by Schnieders Capital Management LLC

Schnieders Capital Management LLC increased its position in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 19.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,123 shares of the company’s stock after acquiring an additional 3,775 shares during the period. Schnieders Capital Management LLC’s holdings in NorthWestern Energy Group were worth $1,186,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of NWE. Farther Finance Advisors LLC grew its holdings in NorthWestern Energy Group by 155.3% during the first quarter. Farther Finance Advisors LLC now owns 845 shares of the company’s stock worth $49,000 after acquiring an additional 514 shares during the period. USA Financial Formulas acquired a new position in NorthWestern Energy Group during the second quarter worth about $53,000. Costello Asset Management INC grew its holdings in NorthWestern Energy Group by 334.3% during the second quarter. Costello Asset Management INC now owns 1,290 shares of the company’s stock worth $66,000 after acquiring an additional 993 shares during the period. Ransom Advisory Ltd grew its holdings in NorthWestern Energy Group by 800.0% during the second quarter. Ransom Advisory Ltd now owns 1,800 shares of the company’s stock worth $92,000 after acquiring an additional 1,600 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new position in NorthWestern Energy Group during the first quarter worth about $116,000. 96.07% of the stock is owned by institutional investors and hedge funds.

NorthWestern Energy Group Price Performance

NYSE:NWE opened at $59.27 on Monday. The business’s 50-day moving average price is $57.31 and its 200 day moving average price is $55.43. The firm has a market cap of $3.64 billion, a P/E ratio of 16.24, a PEG ratio of 2.40 and a beta of 0.39. NorthWestern Energy Group, Inc. has a 52-week low of $50.43 and a 52-week high of $59.89. The company has a quick ratio of 0.37, a current ratio of 0.52 and a debt-to-equity ratio of 0.94.

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

NorthWestern Energy Group Announces Dividend

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