Penn Capital Management Company LLC Increases Position in Northwest Natural Gas Company $NWN

Posted by Brenda Bartman on Aug 30th, 2026

Penn Capital Management Company LLC increased its position in shares of Northwest Natural Gas Company (NYSE:NWN – Free Report) by 224.5% during the 2nd quarter, Holdings Channel reports. The firm owned 43,387 shares of the utilities provider’s stock after acquiring an additional 30,016 shares during the period. Penn Capital Management Company LLC’s holdings in Northwest Natural Gas were worth $2,129,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Sei Investments Co. increased its stake in Northwest Natural Gas by 0.7% in the 3rd quarter. Sei Investments Co. now owns 30,005 shares of the utilities provider’s stock worth $1,348,000 after buying an additional 208 shares in the last quarter. Hantz Financial Services Inc. lifted its position in shares of Northwest Natural Gas by 16.6% in the fourth quarter. Hantz Financial Services Inc. now owns 1,783 shares of the utilities provider’s stock valued at $83,000 after acquiring an additional 254 shares in the last quarter. Guardian Wealth Management Inc. lifted its position in shares of Northwest Natural Gas by 1.6% in the fourth quarter. Guardian Wealth Management Inc. now owns 16,967 shares of the utilities provider’s stock valued at $793,000 after acquiring an additional 268 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of Northwest Natural Gas by 5.9% in the fourth quarter. Captrust Financial Advisors now owns 5,098 shares of the utilities provider’s stock valued at $238,000 after acquiring an additional 283 shares in the last quarter. Finally, Bessemer Group Inc. boosted its stake in shares of Northwest Natural Gas by 0.5% in the first quarter. Bessemer Group Inc. now owns 67,961 shares of the utilities provider’s stock worth $3,617,000 after acquiring an additional 317 shares during the period. Institutional investors own 75.13% of the company’s stock.

Insiders Place Their Bets

In other Northwest Natural Gas news, Director David Hugo Anderson sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $50.86, for a total transaction of $76,290.00. Following the completion of the transaction, the director owned 50,759 shares in the company, valued at $2,581,602.74. This trade represents a 2.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.55% of the stock is owned by corporate insiders.

Northwest Natural Gas Stock Performance

Shares of NYSE NWN opened at $49.41 on Friday. The company has a market cap of $2.08 billion, a P/E ratio of 16.47 and a beta of 0.43. Northwest Natural Gas Company has a 52-week low of $40.90 and a 52-week high of $55.99. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.55 and a current ratio of 0.77. The firm’s fifty day moving average is $50.25 and its two-hundred day moving average is $50.96.

Northwest Natural Gas (NYSE:NWN – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.08) by $0.09. The business had revenue of $243.55 million during the quarter, compared to the consensus estimate of $271.87 million. Northwest Natural Gas had a net margin of 9.75% and a return on equity of 8.33%. The business’s revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.01 EPS. Northwest Natural Gas has set its FY 2026 guidance at 2.950-3.150 EPS. As a group, analysts anticipate that Northwest Natural Gas Company will post 3.04 EPS for the current fiscal year.

Northwest Natural Gas Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 31st were issued a dividend of $0.4925 per share. This represents a $1.97 annualized dividend and a yield of 4.0%. The ex-dividend date was Friday, July 31st. Northwest Natural Gas’s dividend payout ratio (DPR) is currently 65.67%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on NWN. Freedom Capital upgraded Northwest Natural Gas from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 7th. Wells Fargo & Company raised Northwest Natural Gas from an “underweight” rating to an “equal weight” rating and set a $50.00 price target on the stock in a report on Thursday, August 6th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Northwest Natural Gas in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $55.25.

Read Our Latest Report on Northwest Natural Gas

About Northwest Natural Gas

(Free Report)

Northwest Natural Gas (NYSE: NWN), commonly known as NW Natural, is a publicly traded energy utility primarily engaged in the distribution of natural gas to residential, commercial and industrial customers. Headquartered in Portland, Oregon, the company operates an extensive pipeline network spanning thousands of miles across Oregon and southwest Washington. Its core business activities include gas procurement, system operation and maintenance, safety inspections and customer service support.

Dating back to the mid-19th century, Northwest Natural traces its origins to the Portland Gas Light Company, which first illuminated Portland streets with manufactured gas in 1859.