Dimensional Fund Advisors LP Buys 339,573 Shares of MDU Resources Group, Inc. $MDU

Key Points

• Dimensional Fund Advisors LP increased its stake in MDU by 339,573 shares (a 3.6% lift), owning 9,764,097 shares — about 4.78% of the company worth ~$173.9 million, amid 71.44% institutional ownership.
• MDU announced a quarterly dividend of $0.14 (annualized $0.56, yield 2.6%) with an ex-dividend date of March 12 and a payout ratio of 60.22%.
• MDU reported Q results with $0.37 EPS that met estimates but revenue missed ($534M vs. $560.7M), set FY2026 guidance of $0.93–1.00 EPS, and carries a consensus analyst rating of "Hold" with a $21 price target.

Dimensional Fund Advisors LP lifted its holdings in MDU Resources Group, Inc. (NYSE:MDU - Free Report) by 3.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,764,097 shares of the utilities provider's stock after acquiring an additional 339,573 shares during the quarter. Dimensional Fund Advisors LP owned approximately 4.78% of MDU Resources Group worth $173,898,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of MDU. Salomon & Ludwin LLC bought a new position in MDU Resources Group in the third quarter valued at approximately $25,000. Geneos Wealth Management Inc. grew its stake in shares of MDU Resources Group by 94.5% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,647 shares of the utilities provider's stock worth $27,000 after acquiring an additional 800 shares in the last quarter. Country Trust Bank acquired a new position in shares of MDU Resources Group during the 2nd quarter worth about $33,000. GAMMA Investing LLC boosted its holdings in shares of MDU Resources Group by 61.3% in the 3rd quarter. GAMMA Investing LLC now owns 2,192 shares of the utilities provider's stock valued at $39,000 after buying an additional 833 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its stake in shares of MDU Resources Group by 42.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,211 shares of the utilities provider's stock worth $39,000 after acquiring an additional 663 shares during the period. 71.44% of the stock is currently owned by institutional investors.

MDU Resources Group Stock Up 1.7%

Shares of NYSE MDU opened at $21.33 on Tuesday. The stock has a market capitalization of $4.36 billion, a P/E ratio of 22.93, a P/E/G ratio of 3.61 and a beta of 0.74. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.84 and a quick ratio of 0.78. MDU Resources Group, Inc. has a 1 year low of $15.04 and a 1 year high of $21.49. The company has a 50-day moving average price of $20.41 and a 200-day moving average price of $19.33.

MDU Resources Group (NYSE:MDU - Get Free Report) last issued its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.37 EPS for the quarter, hitting the consensus estimate of $0.37. The firm had revenue of $534.00 million during the quarter, compared to the consensus estimate of $560.72 million. MDU Resources Group had a return on equity of 6.98% and a net margin of 10.15%.The company's quarterly revenue was down .3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.90 earnings per share. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. On average, equities research analysts forecast that MDU Resources Group, Inc. will post 0.94 EPS for the current fiscal year.

MDU Resources Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Thursday, March 12th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $0.56 annualized dividend and a dividend yield of 2.6%. MDU Resources Group's dividend payout ratio is currently 60.22%.

Analysts Set New Price Targets

Several research analysts have weighed in on MDU shares. Citigroup reiterated a "neutral" rating on shares of MDU Resources Group in a research report on Thursday, January 15th. Loop Capital set a $21.00 target price on MDU Resources Group in a research report on Tuesday, February 24th. Zacks Research upgraded MDU Resources Group from a "strong sell" rating to a "hold" rating in a report on Thursday, December 4th. Finally, Weiss Ratings reiterated a "hold (c-)" rating on shares of MDU Resources Group in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $21.00.

Insiders Place Their Bets

In other MDU Resources Group news, Director Charles M. Kelley acquired 5,000 shares of MDU Resources Group stock in a transaction on Friday, February 13th. The stock was purchased at an average price of $20.84 per share, for a total transaction of $104,200.00. Following the purchase, the director directly owned 8,031 shares of the company's stock, valued at $167,366.04. This trade represents a 164.96% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.94% of the company's stock.

MDU Resources Group 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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