AlphaQuest LLC Decreases Stock Holdings in NorthWestern Energy Group, Inc. $NWE

AlphaQuest LLC decreased its position in NorthWestern Energy Group, Inc. (NYSE:NWE) by 49.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,015 shares of the company’s stock after selling 29,973 shares during the quarter. AlphaQuest LLC owned approximately 0.05% of NorthWestern Energy Group worth $1,591,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of NWE. USA Financial Formulas bought a new stake in shares of NorthWestern Energy Group during the 2nd quarter valued at about $53,000. Costello Asset Management INC boosted its stake in shares of NorthWestern Energy Group by 334.3% during the 2nd quarter. Costello Asset Management INC now owns 1,290 shares of the company’s stock valued at $66,000 after purchasing an additional 993 shares in the last quarter. Ransom Advisory Ltd boosted its stake in shares of NorthWestern Energy Group by 800.0% during the 2nd quarter. Ransom Advisory Ltd now owns 1,800 shares of the company’s stock valued at $92,000 after purchasing an additional 1,600 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of NorthWestern Energy Group during the 1st quarter valued at about $116,000. Finally, Kestra Investment Management LLC bought a new stake in shares of NorthWestern Energy Group during the 1st quarter valued at about $129,000. Hedge funds and other institutional investors own 96.07% of the company’s stock.

NorthWestern Energy Group Stock Up 1.0%

NWE opened at $62.32 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.52 and a debt-to-equity ratio of 0.94. The firm has a 50 day moving average price of $57.90 and a 200-day moving average price of $55.64. NorthWestern Energy Group, Inc. has a twelve month low of $50.43 and a twelve month high of $62.43. The stock has a market capitalization of $3.83 billion, a price-to-earnings ratio of 17.07, a PEG ratio of 2.40 and a beta of 0.39.

NorthWestern Energy Group (NYSE:NWE) last released its quarterly earnings data 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 net margin of 14.81% and a return on equity of 7.40%. During the same quarter in the previous year, the business earned $0.53 earnings per share. 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. Equities research analysts forecast that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current year.

NorthWestern Energy Group Announces Dividend

The business 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 4.2%. The ex-dividend date of this dividend was Monday, September 15th. NorthWestern Energy Group’s payout ratio is presently 71.93%.

Wall Street Analyst Weigh In

Separately, Barclays boosted their price objective on shares of NorthWestern Energy Group from $56.00 to $61.00 and gave the stock an “overweight” rating in a research note on Tuesday. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $60.25.

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.