Eagle Global Advisors LLC Has $1.31 Million Stock Holdings in NorthWestern Energy Group, Inc. $NWE

Key Points

• Eagle Global Advisors LLC increased its stake in NorthWestern Energy Group by 26%, now holding shares worth approximately $1.31 million.
• Analysts rate NorthWestern Energy Group with a consensus Hold and a price target of $59.17, with three analysts recommending a Buy.
• The company declared a $0.66 quarterly dividend, which reflects an annualized yield of 4.6%.

Eagle Global Advisors LLC grew its stake in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 26.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,550 shares of the company's stock after buying an additional 5,270 shares during the period. Eagle Global Advisors LLC's holdings in NorthWestern Energy Group were worth $1,311,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in NWE. Squarepoint Ops LLC acquired a new stake in NorthWestern Energy Group during the fourth quarter worth approximately $210,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in NorthWestern Energy Group by 9.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 136,322 shares of the company's stock worth $7,288,000 after purchasing an additional 11,324 shares during the period. Mackenzie Financial Corp grew its stake in NorthWestern Energy Group by 144.1% during the fourth quarter. Mackenzie Financial Corp now owns 10,247 shares of the company's stock worth $548,000 after purchasing an additional 6,049 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in NorthWestern Energy Group during the fourth quarter worth approximately $203,000. Finally, GAMMA Investing LLC grew its stake in NorthWestern Energy Group by 7,288.9% during the first quarter. GAMMA Investing LLC now owns 132,927 shares of the company's stock worth $7,692,000 after purchasing an additional 131,128 shares during the period. Institutional investors and hedge funds own 96.07% of the company's stock.

Wall Street Analyst Weigh In

Separately, LADENBURG THALM/SH SH reiterated 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. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $59.17.

NorthWestern Energy Group Stock Performance

Shares of NorthWestern Energy Group stock opened at $58.02 on Friday. The business's fifty day simple moving average is $55.89 and its 200 day simple moving average is $55.24. The firm has a market capitalization of $3.56 billion, a P/E ratio of 15.90, a price-to-earnings-growth ratio of 2.40 and a beta of 0.40. NorthWestern Energy Group, Inc. has a 12 month low of $50.43 and a 12 month high of $59.89. 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 (NYSE:NWE - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.02. NorthWestern Energy Group had a return on equity of 7.40% and a net margin of 14.81%.The firm's quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the company earned $0.53 EPS. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. As a group, analysts anticipate that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current year.

NorthWestern Energy Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a $0.66 dividend. The ex-dividend date is Monday, September 15th. This represents a $2.64 annualized dividend and a dividend yield of 4.6%. NorthWestern Energy Group's payout ratio is 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.

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