Dean Capital Management Raises Stock Holdings in NorthWestern Energy Group, Inc. $NWE

Key Points

• Dean Capital Management increased its stake in NorthWestern Energy Group by 65.3% in the first quarter, owning 16,483 shares valued at approximately $954,000.
• NorthWestern Energy Group recently declared a quarterly dividend of $0.66 per share, providing an annualized yield of 4.7%.
• The company reported EPS of $0.40 for the last quarter, surpassing expectations and experiencing a 7.1% uptick in revenue compared to the previous year.

Dean Capital Management boosted its holdings in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 65.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,483 shares of the company's stock after purchasing an additional 6,511 shares during the period. Dean Capital Management's holdings in NorthWestern Energy Group were worth $954,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Principal Financial Group Inc. boosted its holdings in NorthWestern Energy Group by 4.1% in the first quarter. Principal Financial Group Inc. now owns 181,192 shares of the company's stock valued at $10,486,000 after purchasing an additional 7,177 shares during the last quarter. SG Americas Securities LLC purchased a new position in NorthWestern Energy Group in the first quarter valued at about $626,000. GAMMA Investing LLC boosted its holdings in 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. EntryPoint Capital LLC purchased a new position in NorthWestern Energy Group in the first quarter valued at about $356,000. Finally, KBC Group NV boosted its holdings in NorthWestern Energy Group by 30.6% in the first quarter. KBC Group NV now owns 3,266 shares of the company's stock valued at $189,000 after purchasing an additional 765 shares during the last quarter. Hedge funds and other institutional investors own 96.07% of the company's stock.

NorthWestern Energy Group Stock Up 0.3%

NWE opened at $56.65 on Wednesday. NorthWestern Energy Group, Inc. has a 12 month low of $50.43 and a 12 month high of $59.89. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.52 and a quick ratio of 0.37. The stock has a market cap of $3.48 billion, a P/E ratio of 15.52, a P/E/G ratio of 2.40 and a beta of 0.40. The stock's 50 day moving average price is $54.73 and its 200 day moving average price is $55.12.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.40 EPS for the quarter, beating 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%.During the same period in the previous year, the company posted $0.53 EPS. The company's revenue was up 7.1% compared to the same quarter last year. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. As a group, research analysts predict that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current year.

NorthWestern Energy Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend is Monday, September 15th. NorthWestern Energy Group's dividend payout ratio (DPR) is presently 71.93%.

Analyst Ratings Changes

Several brokerages have issued reports on NWE. LADENBURG THALM/SH SH restated a "neutral" rating and set a $56.00 price objective (down previously from $57.50) on shares of NorthWestern Energy Group in a research note on Monday, June 2nd. BMO Capital Markets began coverage on NorthWestern Energy Group in a research note on Tuesday, May 13th. They set a "market perform" rating and a $60.00 price objective on the stock. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, NorthWestern Energy Group has a consensus rating of "Moderate Buy" and a consensus price target of $60.00.

NorthWestern Energy Group Company 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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