Mutual of America Capital Management LLC Has $7.03 Million Stock Position in NorthWestern Energy Group, Inc. $NWE

Mutual of America Capital Management LLC increased its position in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 18.0% in the second quarter, HoldingsChannel reports. The firm owned 137,020 shares of the company’s stock after purchasing an additional 20,931 shares during the period. Mutual of America Capital Management LLC’s holdings in NorthWestern Energy Group were worth $7,029,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in NWE. Farther Finance Advisors LLC boosted its stake in shares of NorthWestern Energy Group by 155.3% in 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. GAMMA Investing LLC raised its holdings in shares of NorthWestern Energy Group by 27.7% in the first quarter. GAMMA Investing LLC now owns 2,297 shares of the company’s stock valued at $133,000 after purchasing an additional 498 shares during the last quarter. State of Alaska Department of Revenue raised its holdings in shares of NorthWestern Energy Group by 2.6% in the first quarter. State of Alaska Department of Revenue now owns 7,179 shares of the company’s stock valued at $415,000 after purchasing an additional 185 shares during the last quarter. Oppenheimer Asset Management Inc. grew its stake in shares of NorthWestern Energy Group by 32.8% in the first quarter. Oppenheimer Asset Management Inc. now owns 10,463 shares of the company’s stock valued at $605,000 after buying an additional 2,583 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of NorthWestern Energy Group by 53.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 7,448 shares of the company’s stock valued at $431,000 after buying an additional 2,610 shares in the last quarter. Institutional investors and hedge funds own 96.07% of the company’s stock.

NorthWestern Energy Group Trading Up 2.7%

NWE stock opened at $60.88 on Tuesday. The company has a fifty day moving average price of $57.42 and a two-hundred day moving average price of $55.46. The stock has a market cap of $3.74 billion, a price-to-earnings ratio of 16.68, a price-to-earnings-growth ratio of 2.40 and a beta of 0.39. NorthWestern Energy Group, Inc. has a one year low of $50.43 and a one year high of $60.90. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.52 and a quick ratio of 0.37.

NorthWestern Energy Group (NYSE:NWE) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.40 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 business’s revenue was up 7.1% compared to the same quarter last year. During the same period 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. Equities analysts anticipate that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current year.

NorthWestern Energy Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Monday, September 15th. NorthWestern Energy Group’s dividend payout ratio is presently 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.