NorthWestern Energy Group, Inc. $NWE Shares Sold by Hotchkis & Wiley Capital Management LLC

Key Points

• Hotchkis & Wiley Capital Management LLC has sold 7,469 shares of NorthWestern Energy Group, reducing its stake by 3.0% to approximately 240,811 shares, valued at about $13.9 million.
• NorthWestern Energy Group's recent quarterly earnings showed an EPS of $0.40, surpassing analysts' expectations, while also announcing a $0.66 dividend per share payable on September 30th.
• Several analysts have offered mixed ratings on the stock, with a consensus rating of "Moderate Buy" and an average price target of $60.00, indicating a potential for growth.

Hotchkis & Wiley Capital Management LLC lessened its holdings in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 3.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 240,811 shares of the company's stock after selling 7,469 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned approximately 0.39% of NorthWestern Energy Group worth $13,936,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Systematic Financial Management LP raised its holdings in shares of NorthWestern Energy Group by 3.7% during the 4th quarter. Systematic Financial Management LP now owns 1,110,574 shares of the company's stock worth $59,371,000 after acquiring an additional 40,140 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of NorthWestern Energy Group by 0.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,033,437 shares of the company's stock worth $55,248,000 after acquiring an additional 4,544 shares during the period. Westwood Holdings Group Inc. raised its holdings in shares of NorthWestern Energy Group by 13.2% during the 1st quarter. Westwood Holdings Group Inc. now owns 1,001,201 shares of the company's stock worth $57,940,000 after acquiring an additional 117,087 shares during the period. Nuveen LLC purchased a new position in shares of NorthWestern Energy Group during the 1st quarter worth $53,538,000. Finally, Northern Trust Corp raised its holdings in shares of NorthWestern Energy Group by 11.5% during the 4th quarter. Northern Trust Corp now owns 894,163 shares of the company's stock worth $47,802,000 after acquiring an additional 91,977 shares during the period. Hedge funds and other institutional investors own 96.07% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Wells Fargo & Company boosted their price objective on shares of NorthWestern Energy Group from $62.00 to $64.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. BMO Capital Markets assumed coverage on shares of NorthWestern Energy Group in a report on Tuesday, May 13th. They issued a "market perform" rating and a $60.00 price objective on the stock. Finally, LADENBURG THALM/SH SH restated a "neutral" rating and issued a $56.00 price objective (down from $57.50) on shares of NorthWestern Energy Group in a report on Monday, June 2nd. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $60.00.

NorthWestern Energy Group Stock Down 1.0%

Shares of NorthWestern Energy Group stock traded down $0.60 on Thursday, reaching $57.52. 366,735 shares of the company were exchanged, compared to its average volume of 474,939. NorthWestern Energy Group, Inc. has a 1-year low of $50.43 and a 1-year high of $59.89. The company has a market cap of $3.53 billion, a P/E ratio of 15.76, a price-to-earnings-growth ratio of 2.40 and a beta of 0.35. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.52 and a quick ratio of 0.37. The stock's 50 day moving average price is $53.64 and its 200-day moving average price is $54.86.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last announced its quarterly earnings data 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%.During the same quarter in the prior year, the firm earned $0.53 earnings per share. The business's quarterly revenue was up 7.1% on a year-over-year basis. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. As a group, equities analysts forecast that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current year.

NorthWestern Energy Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Monday, September 15th. NorthWestern Energy Group's dividend 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.