SG Americas Securities LLC Has $1.11 Million Holdings in MDU Resources Group, Inc. $MDU

SG Americas Securities LLC lifted its stake in shares of MDU Resources Group, Inc. (NYSE:MDU) by 111.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 57,042 shares of the utilities provider’s stock after purchasing an additional 30,104 shares during the quarter. SG Americas Securities LLC’s holdings in MDU Resources Group were worth $1,113,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of MDU. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of MDU Resources Group by 8.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 499,908 shares of the utilities provider’s stock worth $8,453,000 after buying an additional 39,978 shares in the last quarter. Quantbot Technologies LP acquired a new position in shares of MDU Resources Group during the second quarter worth $370,000. EverSource Wealth Advisors LLC increased its holdings in shares of MDU Resources Group by 56.4% during the second quarter. EverSource Wealth Advisors LLC now owns 2,508 shares of the utilities provider’s stock worth $42,000 after buying an additional 904 shares in the last quarter. Guggenheim Capital LLC increased its holdings in shares of MDU Resources Group by 27.2% during the second quarter. Guggenheim Capital LLC now owns 68,886 shares of the utilities provider’s stock worth $1,148,000 after buying an additional 14,728 shares in the last quarter. Finally, Amundi acquired a new position in shares of MDU Resources Group during the second quarter worth $564,000. 71.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on MDU shares. Loop Capital set a $21.00 price target on shares of MDU Resources Group in a report on Tuesday, February 24th. Weiss Ratings reissued a “hold (c-)” rating on shares of MDU Resources Group in a research note on Monday, December 29th. Finally, Citigroup reissued a “neutral” rating on shares of MDU Resources Group in a research note on Thursday, January 15th. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $21.00.

Insider Activity at MDU Resources Group

In related news, Director Charles M. Kelley acquired 5,000 shares of MDU Resources Group stock in a transaction dated Friday, February 13th. The stock was bought at an average price of $20.84 per share, with a total value of $104,200.00. Following the transaction, the director directly owned 8,031 shares in the company, valued at $167,366.04. This represents a 164.96% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. 0.94% of the stock is currently owned by company insiders.

MDU Resources Group Stock Performance

Shares of MDU opened at $22.17 on Thursday. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $4.54 billion, a P/E ratio of 23.83, a price-to-earnings-growth ratio of 3.67 and a beta of 0.70. The firm’s fifty day simple moving average is $20.68 and its two-hundred day simple moving average is $20.01. MDU Resources Group, Inc. has a 12 month low of $15.07 and a 12 month high of $22.22.

MDU Resources Group (NYSE:MDU) last issued its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.37 EPS for the quarter, meeting analysts’ consensus estimates of $0.37. The business had revenue of $534.00 million for the quarter, compared to analysts’ expectations of $560.72 million. MDU Resources Group had a net margin of 10.15% and a return on equity of 6.98%. The business’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.90 earnings per share. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. As a group, analysts predict that MDU Resources Group, Inc. will post 0.94 EPS for the current year.

MDU Resources Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Thursday, March 12th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $0.56 annualized dividend and a dividend yield of 2.5%. MDU Resources Group’s dividend payout ratio (DPR) is 60.22%.

MDU Resources Group Company Profile

MDU Resources Group, Inc is a diversified energy and services holding company headquartered in Bismarck, North Dakota. The company operates through two primary segments: Utilities and Construction Services and Pipelines & Midstream. Serving a broad geographic footprint across the upper Midwest and Pacific Northwest, MDU provides essential energy distribution and infrastructure services to residential, commercial and industrial customers.

The Utilities segment delivers electric and natural gas distribution services in Montana, North Dakota, South Dakota, Minnesota, Kansas, Wisconsin, Michigan and Washington.