Yousif Capital Management LLC Sells 348 Shares of NorthWestern Energy Group, Inc. $NWE

Yousif Capital Management LLC cut its stake in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 1.7% in the 2nd quarter, Holdings Channel.com reports. The fund owned 20,543 shares of the company’s stock after selling 348 shares during the period. Yousif Capital Management LLC’s holdings in NorthWestern Energy Group were worth $1,054,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of NWE. Farther Finance Advisors LLC increased its holdings 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 valued at $49,000 after acquiring an additional 514 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of NorthWestern Energy Group by 27.7% during the first quarter. GAMMA Investing LLC now owns 2,297 shares of the company’s stock valued at $133,000 after acquiring an additional 498 shares in the last quarter. State of Alaska Department of Revenue boosted its position in shares of NorthWestern Energy Group by 2.6% during the first quarter. State of Alaska Department of Revenue now owns 7,179 shares of the company’s stock valued at $415,000 after buying an additional 185 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its position in shares of NorthWestern Energy Group by 32.8% during 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 during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its position in shares of NorthWestern Energy Group by 53.9% during 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 during the last quarter. 96.07% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Barclays increased their price objective on NorthWestern Energy Group from $56.00 to $61.00 and gave the company an “overweight” rating in a research report on Tuesday. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $60.25.

NorthWestern Energy Group Trading Up 0.4%

Shares of NYSE:NWE opened at $61.15 on Wednesday. The stock has a market capitalization of $3.75 billion, a price-to-earnings ratio of 16.75, a PEG 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 stock’s 50-day simple moving average is $57.53 and its two-hundred day simple moving average is $55.50. NorthWestern Energy Group, Inc. has a 52-week low of $50.43 and a 52-week high of $61.45.

NorthWestern Energy Group (NYSE:NWE) last announced its earnings results on Thursday, July 31st. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.02. NorthWestern Energy Group had a return on equity of 7.40% and a net margin of 14.81%.NorthWestern Energy Group’s revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.53 EPS. 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 year.

NorthWestern Energy Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a $0.66 dividend. This represents a $2.64 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Monday, September 15th. NorthWestern Energy Group’s dividend payout ratio (DPR) 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.