NorthWestern Energy Group, Inc. $NWE Shares Sold by Deutsche Bank AG

Deutsche Bank AG decreased its position in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 6.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,385 shares of the company's stock after selling 5,429 shares during the period. Deutsche Bank AG owned 0.12% of NorthWestern Energy Group worth $4,247,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Principal Financial Group Inc. lifted its position in NorthWestern Energy Group by 4.1% during the first quarter. Principal Financial Group Inc. now owns 181,192 shares of the company's stock valued at $10,486,000 after acquiring an additional 7,177 shares during the last quarter. SG Americas Securities LLC purchased a new stake in NorthWestern Energy Group during the first quarter valued at approximately $626,000. GAMMA Investing LLC lifted its position in 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 during the last quarter. KBC Group NV lifted its position in NorthWestern Energy Group by 30.6% during the first quarter. KBC Group NV now owns 3,266 shares of the company's stock valued at $189,000 after acquiring an additional 765 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in 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 acquiring an additional 2,610 shares during the last quarter. Hedge funds and other institutional investors own 96.07% of the company's stock.

Wall Street Analyst Weigh In

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

NorthWestern Energy Group Stock Performance

Shares of NYSE:NWE traded up $1.1640 during midday trading on Friday, reaching $58.2340. The company's stock had a trading volume of 78,773 shares, compared to its average volume of 476,695. The firm has a market capitalization of $3.58 billion, a PE ratio of 15.96, a P/E/G ratio of 2.40 and a beta of 0.35. NorthWestern Energy Group, Inc. has a twelve month low of $50.43 and a twelve month high of $59.89. The stock has a fifty day moving average of $53.09 and a 200 day moving average of $54.74. The company has a quick ratio of 0.37, a current ratio of 0.52 and a debt-to-equity ratio of 0.94.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.38 by $0.02. NorthWestern Energy Group had a net margin of 14.81% and a return on equity of 7.40%. NorthWestern Energy Group's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period last year, the company earned $0.53 EPS. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. On average, equities analysts expect that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current fiscal year.

NorthWestern Energy Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a yield of 4.5%. The ex-dividend date is Monday, September 15th. NorthWestern Energy Group's dividend payout ratio (DPR) is currently 71.93%.

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.