Lesa Sroufe & Co Raises Position in NorthWestern Energy Group, Inc. $NWE

Lesa Sroufe & Co boosted its stake in NorthWestern Energy Group, Inc. (NYSE:NWE) by 6.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 39,656 shares of the company’s stock after buying an additional 2,263 shares during the period. NorthWestern Energy Group accounts for approximately 1.9% of Lesa Sroufe & Co’s portfolio, making the stock its 21st largest position. Lesa Sroufe & Co’s holdings in NorthWestern Energy Group were worth $2,034,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. lifted its holdings in NorthWestern Energy Group by 207.8% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 20,848 shares of the company’s stock worth $1,069,000 after buying an additional 14,074 shares during the period. Sequoia Financial Advisors LLC bought a new position in shares of NorthWestern Energy Group during the second quarter valued at approximately $347,000. CWM LLC increased its stake in shares of NorthWestern Energy Group by 31.1% during the second quarter. CWM LLC now owns 4,004 shares of the company’s stock valued at $205,000 after purchasing an additional 949 shares in the last quarter. Costello Asset Management INC increased its stake in shares of NorthWestern Energy Group by 334.3% during the second 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. Finally, Hager Investment Management Services LLC increased its stake in shares of NorthWestern Energy Group by 26.7% during the second quarter. Hager Investment Management Services LLC now owns 11,750 shares of the company’s stock valued at $603,000 after purchasing an additional 2,475 shares in the last quarter. 96.07% of the stock is currently owned by hedge funds and other institutional investors.

NorthWestern Energy Group Price Performance

Shares of NYSE NWE opened at $59.00 on Thursday. NorthWestern Energy Group, Inc. has a fifty-two week low of $50.43 and a fifty-two week high of $59.89. The company has a 50 day simple moving average of $57.16 and a two-hundred day simple moving average of $55.46. The company has a market capitalization of $3.62 billion, a price-to-earnings ratio of 16.16, a P/E/G ratio of 2.40 and a beta of 0.39. 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 (NYSE:NWE) last announced its earnings results on Thursday, July 31st. The company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates 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 prior year, the business earned $0.53 earnings per share. The firm’s 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. Analysts expect that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current fiscal year.

NorthWestern Energy Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were paid a dividend of $0.66 per share. The ex-dividend date of this dividend 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 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.