Free Trial

Envestnet Asset Management Inc. Sells 78,352 Shares of NorthWestern Energy Group, Inc. (NYSE:NWE)

NorthWestern Energy Group logo with Utilities background

Key Points

  • Envestnet Asset Management Inc. has reduced its stake in NorthWestern Energy Group by 58.9% during Q1, holding approximately 54,756 shares worth about $3.17 million.
  • NorthWestern Energy Group's stock has a current market capitalization of $3.23 billion, with a P/E ratio of 14.42 and a dividend yield of 5.02%.
  • Recent earnings reports show NorthWestern Energy reported $1.22 earnings per share, exceeding estimates, although revenue was down 1.8% compared to the same quarter last year.
  • Five stocks to consider instead of NorthWestern Energy Group.

Envestnet Asset Management Inc. decreased its position in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 58.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,756 shares of the company's stock after selling 78,352 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.09% of NorthWestern Energy Group worth $3,169,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Trust Advisors LP boosted its stake in shares of NorthWestern Energy Group by 391.6% in the 4th quarter. First Trust Advisors LP now owns 999,884 shares of the company's stock valued at $53,454,000 after purchasing an additional 796,500 shares in the last quarter. Norges Bank bought a new stake in shares of NorthWestern Energy Group in the 4th quarter valued at about $40,236,000. Raymond James Financial Inc. bought a new stake in shares of NorthWestern Energy Group in the 4th quarter valued at about $29,978,000. DRW Securities LLC bought a new stake in NorthWestern Energy Group during the 4th quarter worth approximately $11,275,000. Finally, Nuveen Asset Management LLC increased its stake in NorthWestern Energy Group by 24.7% during the 4th quarter. Nuveen Asset Management LLC now owns 752,441 shares of the company's stock worth $40,225,000 after purchasing an additional 148,870 shares in the last quarter. Institutional investors own 96.07% of the company's stock.

NorthWestern Energy Group Price Performance

Shares of NYSE NWE traded up $0.23 during midday trading on Thursday, hitting $52.84. 97,627 shares of the company's stock were exchanged, compared to its average volume of 462,332. 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. The company has a market cap of $3.24 billion, a price-to-earnings ratio of 14.51, a PEG ratio of 2.40 and a beta of 0.35. The business's fifty day moving average price is $52.56 and its two-hundred day moving average price is $54.55.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.40 EPS for the quarter, topping 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 quarter last year, the business earned $0.53 earnings per share. The firm's revenue was up 7.1% compared to the same quarter last year. As a group, research analysts forecast that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on NWE shares. Wells Fargo & Company upped their price target on NorthWestern Energy Group from $62.00 to $64.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. LADENBURG THALM/SH SH reissued a "neutral" rating and set a $56.00 target price (down previously from $57.50) on shares of NorthWestern Energy Group in a report on Monday, June 2nd. BMO Capital Markets assumed coverage on shares of NorthWestern Energy Group in a research report on Tuesday, May 13th. They issued a "market perform" rating and a $60.00 target price for the company. Finally, Barclays increased their price objective on shares of NorthWestern Energy Group from $56.00 to $59.00 and gave the stock an "overweight" rating in a research note on Tuesday, April 22nd. Five analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $60.00.

Get Our Latest Research Report on NWE

About NorthWestern Energy Group

(Free Report)

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.

Featured Stories

Institutional Ownership by Quarter for NorthWestern Energy Group (NYSE:NWE)

Should You Invest $1,000 in NorthWestern Energy Group Right Now?

Before you consider NorthWestern Energy Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NorthWestern Energy Group wasn't on the list.

While NorthWestern Energy Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Stocks Set to Soar in Summer 2025 Cover

Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in August 2025
The $2.5B Merger No One Is Talking About
ALERT: Big Tech Earnings – Watch Before Wednesday

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines