Hager Investment Management Services LLC Grows Stock Position in NorthWestern Energy Group, Inc. $NWE

Hager Investment Management Services LLC grew its holdings in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 26.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,750 shares of the company’s stock after purchasing an additional 2,475 shares during the quarter. Hager Investment Management Services LLC’s holdings in NorthWestern Energy Group were worth $603,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in NWE. Farther Finance Advisors LLC increased its position in shares of NorthWestern Energy Group by 155.3% during the 1st quarter. Farther Finance Advisors LLC now owns 845 shares of the company’s stock valued at $49,000 after purchasing an additional 514 shares during the last quarter. USA Financial Formulas purchased a new stake in shares of NorthWestern Energy Group during the 2nd quarter valued at about $53,000. Ransom Advisory Ltd increased its position 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 during the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of NorthWestern Energy Group during the 1st quarter valued at about $116,000. Finally, Kestra Investment Management LLC purchased 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 Price Performance

NYSE NWE opened at $59.00 on Thursday. NorthWestern Energy Group, Inc. has a 52 week low of $50.43 and a 52 week high of $59.89. The firm has a market capitalization of $3.62 billion, a P/E ratio of 16.16, a PEG ratio of 2.40 and a beta of 0.39. 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 company has a 50-day moving average price of $56.77 and a 200-day moving average price of $55.37.

NorthWestern Energy Group (NYSE:NWE) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.40 earnings per share (EPS) for the quarter, beating 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%.The company’s quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.53 earnings per share. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. Equities research analysts anticipate that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current year.

NorthWestern Energy Group Dividend Announcement

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