Arrowstreet Capital Limited Partnership Acquires New Position in MDU Resources Group, Inc. $MDU

Key Points

• Arrowstreet Capital acquired 280,708 shares of MDU Resources Group worth approximately $5.8 million, giving it a 0.14% stake. Institutional investors collectively own 71.44% of the company.
• MDU reported quarterly EPS of $0.39, below the $0.42 consensus estimate, while revenue fell 10.2% year over year to $606 million. The company maintained fiscal 2026 EPS guidance of $0.93–$1.00.
• MDU declared a quarterly dividend of $0.14, equivalent to $0.56 annually and a 2.8% yield. Analysts’ consensus rating remains Hold, with an average price target of $22.40 versus the stock’s $19.98 opening price.

Arrowstreet Capital Limited Partnership acquired a new stake in MDU Resources Group, Inc. (NYSE:MDU - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 280,708 shares of the utilities provider's stock, valued at approximately $5,816,000. Arrowstreet Capital Limited Partnership owned approximately 0.14% of MDU Resources Group at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Flagship Harbor Advisors LLC acquired a new stake in MDU Resources Group in the fourth quarter valued at $27,000. Geneos Wealth Management Inc. increased its holdings in shares of MDU Resources Group by 94.5% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,647 shares of the utilities provider's stock valued at $27,000 after purchasing an additional 800 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of MDU Resources Group by 6,404.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,496 shares of the utilities provider's stock valued at $27,000 after purchasing an additional 1,473 shares during the period. Global Retirement Partners LLC boosted its holdings in MDU Resources Group by 13,185.7% during the fourth quarter. Global Retirement Partners LLC now owns 1,860 shares of the utilities provider's stock worth $36,000 after buying an additional 1,846 shares in the last quarter. Finally, McMillan Office Inc. acquired a new position in MDU Resources Group during the fourth quarter worth about $40,000. 71.44% of the stock is owned by hedge funds and other institutional investors.

MDU Resources Group Stock Performance

Shares of MDU opened at $19.98 on Monday. The company has a current ratio of 0.78, a quick ratio of 0.75 and a debt-to-equity ratio of 0.82. The stock has a market cap of $4.09 billion, a P/E ratio of 21.72, a PEG ratio of 3.69 and a beta of 0.67. The company has a 50-day moving average of $21.07 and a two-hundred day moving average of $21.11. MDU Resources Group, Inc. has a 12-month low of $15.76 and a 12-month high of $22.98.

MDU Resources Group (NYSE:MDU - Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The utilities provider reported $0.39 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.03). MDU Resources Group had a net margin of 10.47% and a return on equity of 6.82%. The business had revenue of $605.98 million during the quarter, compared to analyst estimates of $688.34 million. During the same quarter in the prior year, the company earned $0.40 earnings per share. The firm's revenue for the quarter was down 10.2% compared to the same quarter last year. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. As a group, research analysts predict that MDU Resources Group, Inc. will post 0.98 EPS for the current fiscal year.

MDU Resources Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Thursday, June 11th were issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, June 11th. MDU Resources Group's payout ratio is 60.87%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. started coverage on shares of MDU Resources Group in a research report on Thursday, April 16th. They set a "neutral" rating and a $22.00 price target for the company. TD Cowen raised their price objective on MDU Resources Group to $22.00 and gave the company a "hold" rating in a research note on Friday, May 15th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of MDU Resources Group in a report on Wednesday, July 8th. Finally, Wells Fargo & Company initiated coverage on MDU Resources Group in a research report on Monday, July 13th. They set an "overweight" rating and a $25.00 target price on the stock. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $22.40.

MDU Resources Group Company Profile

MDU Resources Group, Inc is a diversified energy and services holding company headquartered in Bismarck, North Dakota. The company operates through two primary segments: Utilities and Construction Services and Pipelines & Midstream. Serving a broad geographic footprint across the upper Midwest and Pacific Northwest, MDU provides essential energy distribution and infrastructure services to residential, commercial and industrial customers.

The Utilities segment delivers electric and natural gas distribution services in Montana, North Dakota, South Dakota, Minnesota, Kansas, Wisconsin, Michigan and Washington.

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