NorthWestern Energy Group, Inc. $NWE Shares Sold by William Blair Investment Management LLC

William Blair Investment Management LLC cut its stake in NorthWestern Energy Group, Inc. (NYSE:NWE) by 7.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 483,874 shares of the company’s stock after selling 40,404 shares during the period. William Blair Investment Management LLC’s holdings in NorthWestern Energy Group were worth $24,823,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Systematic Financial Management LP boosted its position in shares of NorthWestern Energy Group by 0.4% in the first quarter. Systematic Financial Management LP now owns 1,114,838 shares of the company’s stock worth $64,516,000 after acquiring an additional 4,264 shares during the last quarter. Westwood Holdings Group Inc. boosted its position in shares of 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 worth $57,940,000 after acquiring an additional 117,087 shares during the last quarter. Nuveen LLC acquired a new stake in shares of NorthWestern Energy Group in the first quarter worth approximately $53,538,000. AQR Capital Management LLC boosted its position in shares of NorthWestern Energy Group by 38.9% in the first quarter. AQR Capital Management LLC now owns 583,063 shares of the company’s stock worth $33,482,000 after acquiring an additional 163,147 shares during the last quarter. Finally, Voya Investment Management LLC boosted its position in shares of NorthWestern Energy Group by 38.2% in the first quarter. Voya Investment Management LLC now owns 289,229 shares of the company’s stock worth $16,738,000 after acquiring an additional 79,992 shares during the last quarter. 96.07% of the stock is owned by institutional investors and hedge funds.

NorthWestern Energy Group Price Performance

NWE opened at $59.27 on Monday. The company’s 50 day simple moving average is $57.31 and its 200 day simple moving average is $55.43. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.37 and a current ratio of 0.52. NorthWestern Energy Group, Inc. has a 1 year low of $50.43 and a 1 year high of $59.89. The stock has a market capitalization of $3.64 billion, a PE ratio of 16.24, a P/E/G ratio of 2.40 and a beta of 0.39.

NorthWestern Energy Group (NYSE:NWE) last released its earnings results 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 net margin of 14.81% and a return on equity of 7.40%. During the same period in the previous year, the firm earned $0.53 EPS. NorthWestern Energy Group’s quarterly revenue 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. As a group, sell-side analysts expect that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current year.

NorthWestern Energy Group Dividend Announcement

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

NorthWestern Energy Group Company 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.