Fifth Third Bancorp Grows Position in MDU Resources Group, Inc. $MDU

Key Points

• Fifth Third Bancorp increased its stake in MDU Resources by 4,498.3% in Q4, owning 59,226 shares after adding 57,938 shares, with the position valued at about $1.156 million.
• MDU reported Q4 EPS of $0.37 (in line with estimates) but missed on revenue at $534 million versus $560.7 million, and set FY2026 guidance of 0.93–1.00 EPS (analysts expect ~0.98 EPS).
• The company pays a quarterly dividend of $0.14 (annualized $0.56, ~2.5% yield, DPR ~60%), and Wall Street currently has a consensus Hold rating with an average price target of $21.25.

Fifth Third Bancorp boosted its holdings in MDU Resources Group, Inc. (NYSE:MDU - Free Report) by 4,498.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 59,226 shares of the utilities provider's stock after acquiring an additional 57,938 shares during the quarter. Fifth Third Bancorp's holdings in MDU Resources Group were worth $1,156,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the business. Smith Moore & CO. raised its position in MDU Resources Group by 4.3% in the fourth quarter. Smith Moore & CO. now owns 12,855 shares of the utilities provider's stock worth $251,000 after acquiring an additional 535 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of MDU Resources Group by 2.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 22,414 shares of the utilities provider's stock valued at $408,000 after buying an additional 540 shares in the last quarter. GAMMA Investing LLC increased its position in shares of MDU Resources Group by 25.4% in the fourth quarter. GAMMA Investing LLC now owns 2,748 shares of the utilities provider's stock valued at $54,000 after buying an additional 556 shares in the last quarter. Koshinski Asset Management Inc. increased its position in shares of MDU Resources Group by 5.3% in the third quarter. Koshinski Asset Management Inc. now owns 11,098 shares of the utilities provider's stock valued at $198,000 after buying an additional 560 shares in the last quarter. Finally, DMKC Advisory Services LLC increased its position in shares of MDU Resources Group by 4.2% in the fourth quarter. DMKC Advisory Services LLC now owns 15,048 shares of the utilities provider's stock valued at $294,000 after buying an additional 600 shares in the last quarter. Hedge funds and other institutional investors own 71.44% of the company's stock.

MDU Resources Group Stock Down 0.3%

MDU opened at $22.47 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 0.91. The firm has a market cap of $4.60 billion, a P/E ratio of 24.16, a PEG ratio of 4.15 and a beta of 0.70. MDU Resources Group, Inc. has a 52 week low of $15.76 and a 52 week high of $22.83. The business's fifty day simple moving average is $21.18 and its 200 day simple moving average is $20.50.

MDU Resources Group (NYSE:MDU - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.37 EPS for the quarter, meeting analysts' consensus estimates of $0.37. MDU Resources Group had a return on equity of 6.98% and a net margin of 10.15%.The business had revenue of $534.00 million for the quarter, compared to analyst estimates of $560.72 million. During the same quarter last year, the company earned $0.90 earnings per share. The business's revenue for the quarter was down .3% compared to the same quarter last year. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. As a group, equities research analysts anticipate that MDU Resources Group, Inc. will post 0.98 EPS for the current fiscal year.

MDU Resources Group Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Thursday, March 12th were paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Thursday, March 12th. MDU Resources Group's dividend payout ratio (DPR) is presently 60.22%.

Insider Transactions at MDU Resources Group

In other MDU Resources Group news, Director Charles M. Kelley purchased 5,000 shares of the firm's stock in a transaction on Friday, February 13th. The shares were purchased at an average cost of $20.84 per share, with a total value of $104,200.00. Following the purchase, the director owned 8,031 shares in the company, valued at approximately $167,366.04. This represents a 164.96% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.50% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on MDU shares. Weiss Ratings restated a "hold (c)" rating on shares of MDU Resources Group in a research report on Friday, April 10th. JPMorgan Chase & Co. started coverage on MDU Resources Group in a research report on Thursday, April 16th. They issued a "neutral" rating and a $22.00 price target for the company. Citigroup restated a "neutral" rating on shares of MDU Resources Group in a research report on Thursday, January 15th. Finally, Loop Capital set a $21.00 price target on MDU Resources Group in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, MDU Resources Group presently has a consensus rating of "Hold" and an average price target of $21.25.

MDU Resources Group Company 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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