DRW Securities LLC Decreases Stock Position in NorthWestern Energy Group, Inc. $NWE

Key Points

• DRW Securities LLC has significantly reduced its stake in NorthWestern Energy Group, Inc. by 88.0%, selling 185,697 shares and holding only 25,203 shares worth $1,458,000 at the end of the first quarter.
• NorthWestern Energy Group recently announced a quarterly dividend of $0.66, set to be paid on September 30th, yielding an annualized rate of 4.6% with a payout ratio of 71.93%!
• The company reported $0.40 earnings per share for the last quarter, exceeding analyst estimates, with a year-over-year revenue increase of 7.1%.

DRW Securities LLC reduced its position in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 88.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 25,203 shares of the company's stock after selling 185,697 shares during the period. DRW Securities LLC's holdings in NorthWestern Energy Group were worth $1,458,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Principal Financial Group Inc. grew its stake in NorthWestern Energy Group by 4.1% in the 1st quarter. Principal Financial Group Inc. now owns 181,192 shares of the company's stock worth $10,486,000 after acquiring an additional 7,177 shares during the period. SG Americas Securities LLC purchased a new position in NorthWestern Energy Group during the first quarter worth approximately $626,000. GAMMA Investing LLC raised its stake in NorthWestern Energy Group by 27.7% during the first quarter. GAMMA Investing LLC now owns 2,297 shares of the company's stock worth $133,000 after purchasing an additional 498 shares during the period. EntryPoint Capital LLC purchased a new position in NorthWestern Energy Group during the first quarter worth approximately $356,000. Finally, KBC Group NV raised its stake in NorthWestern Energy Group by 30.6% during the first quarter. KBC Group NV now owns 3,266 shares of the company's stock worth $189,000 after purchasing an additional 765 shares during the period. 96.07% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. BMO Capital Markets assumed coverage on shares of NorthWestern Energy Group in a research note on Tuesday, May 13th. They set a "market perform" rating and a $60.00 price target on the stock. LADENBURG THALM/SH SH reaffirmed a "neutral" rating and set a $56.00 price target (down previously from $57.50) on shares of NorthWestern Energy Group in a research note on Monday, June 2nd. Four investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $60.00.

NorthWestern Energy Group Trading Up 0.4%

NWE traded up $0.24 during trading on Friday, hitting $57.95. 384,913 shares of the company's stock were exchanged, compared to its average volume of 470,849. The company has a current ratio of 0.52, a quick ratio of 0.37 and a debt-to-equity ratio of 0.94. NorthWestern Energy Group, Inc. has a 1 year low of $50.43 and a 1 year high of $59.89. The stock has a 50 day moving average price of $54.53 and a 200 day moving average price of $55.07. The firm has a market cap of $3.56 billion, a P/E ratio of 15.88, a price-to-earnings-growth ratio of 2.40 and a beta of 0.40.

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 (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.02. NorthWestern Energy Group had a net margin of 14.81% and a return on equity of 7.40%. During the same quarter in the prior year, the company earned $0.53 earnings per share. 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, analysts expect that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current fiscal year.

NorthWestern Energy Group Announces Dividend

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

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.