6,155 Shares in NorthWestern Energy Group, Inc. $NWE Bought by EntryPoint Capital LLC

Key Points

• EntryPoint Capital LLC has purchased 6,155 shares of NorthWestern Energy Group, Inc. (NYSE:NWE), valued at approximately $356,000, indicating increased institutional interest in the company.
• NorthWestern Energy Group reported a quarterly earnings per share (EPS) of $0.40, exceeding analysts' expectations, and has set guidance for FY 2025 EPS between 3.530-3.650.
• The company declared a quarterly dividend of $0.66 per share, with a dividend yield of 4.6%, which is to be paid on September 30th to stockholders of record as of September 15th.

EntryPoint Capital LLC purchased a new position in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,155 shares of the company's stock, valued at approximately $356,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its holdings in NorthWestern Energy Group by 155.3% in 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 during the period. BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of NorthWestern Energy Group in the 1st quarter worth approximately $116,000. GAMMA Investing LLC raised its position in shares of NorthWestern Energy Group by 27.7% in the 1st quarter. GAMMA Investing LLC now owns 2,297 shares of the company's stock worth $133,000 after acquiring an additional 498 shares in the last quarter. CWM LLC raised its position in shares of NorthWestern Energy Group by 38.0% in the 1st quarter. CWM LLC now owns 3,055 shares of the company's stock worth $177,000 after acquiring an additional 842 shares in the last quarter. Finally, KBC Group NV raised its position in shares of NorthWestern Energy Group by 30.6% in the 1st quarter. KBC Group NV now owns 3,266 shares of the company's stock worth $189,000 after acquiring an additional 765 shares in the last quarter. Hedge funds and other institutional investors own 96.07% of the company's stock.

NorthWestern Energy Group Stock Performance

Shares of NWE opened at $57.07 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.52 and a debt-to-equity ratio of 0.94. The business's 50 day moving average price is $53.09 and its 200-day moving average price is $54.74. NorthWestern Energy Group, Inc. has a 52 week low of $50.43 and a 52 week high of $59.89. The stock has a market cap of $3.50 billion, a P/E ratio of 15.64, a P/E/G ratio of 2.40 and a beta of 0.35.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last issued its quarterly earnings results 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%.During the same period in the previous year, the company posted $0.53 EPS. The business's revenue was up 7.1% on a year-over-year basis. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. Equities research analysts anticipate that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current fiscal year.

NorthWestern Energy Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Monday, September 15th. NorthWestern Energy Group's payout ratio is currently 71.93%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. LADENBURG THALM/SH SH reissued a "neutral" rating and issued a $56.00 target price (down previously from $57.50) on shares of NorthWestern Energy Group in a research report on Monday, June 2nd. BMO Capital Markets assumed coverage on NorthWestern Energy Group in a research report on Tuesday, May 13th. They issued a "market perform" rating and a $60.00 target price for the company. Finally, Wells Fargo & Company increased their target price on NorthWestern Energy Group from $62.00 to $64.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, NorthWestern Energy Group currently has a consensus rating of "Moderate Buy" and an average target price of $60.00.

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.

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