NorthWestern Energy Group, Inc. $NWE Shares Sold by US Bancorp DE

US Bancorp DE cut its stake in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 5.3% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 12,499 shares of the company’s stock after selling 696 shares during the period. US Bancorp DE’s holdings in NorthWestern Energy Group were worth $641,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Farther Finance Advisors LLC grew its position in shares of NorthWestern Energy Group by 155.3% during the first quarter. Farther Finance Advisors LLC now owns 845 shares of the company’s stock worth $49,000 after buying an additional 514 shares in the last quarter. USA Financial Formulas acquired a new position in shares of NorthWestern Energy Group during the second quarter worth about $53,000. Ransom Advisory Ltd grew its position in shares of NorthWestern Energy Group by 800.0% during the second quarter. Ransom Advisory Ltd now owns 1,800 shares of the company’s stock worth $92,000 after buying an additional 1,600 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of NorthWestern Energy Group during the first quarter worth about $116,000. Finally, Kestra Investment Management LLC acquired a new position in shares of NorthWestern Energy Group during the first quarter worth about $129,000. 96.07% of the stock is owned by institutional investors and hedge funds.

NorthWestern Energy Group Stock Performance

Shares of NorthWestern Energy Group stock opened at $59.27 on Monday. NorthWestern Energy Group, Inc. has a one year low of $50.43 and a one year high of $59.89. The company has a market cap of $3.64 billion, a PE ratio of 16.24, 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. The business has a 50-day simple moving average of $57.31 and a 200-day simple moving average of $55.43.

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

NorthWestern Energy Group Dividend Announcement

The firm also recently announced 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 annualized dividend and a yield of 4.5%. NorthWestern Energy Group’s payout ratio is presently 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.