NorthWestern Energy Group, Inc. $NWE Shares Sold by Invesco Ltd.

Key Points

• Invesco Ltd. reduced its stake in NorthWestern Energy Group by 10.9% during Q1, now holding approximately 1.31% of the company's shares valued at $46.67 million.
• Analysts have varied opinions on NorthWestern Energy Group, with target prices ranging from $56.00 to $64.00, reflecting a consensus "Hold" rating.
• The company announced a quarterly dividend of $0.66 per share, with an annualized yield of 4.8%, expected to be paid on September 30th.

Invesco Ltd. lowered its position in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 10.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 806,422 shares of the company's stock after selling 98,157 shares during the quarter. Invesco Ltd. owned about 1.31% of NorthWestern Energy Group worth $46,668,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its stake in NorthWestern Energy Group by 155.3% during the first quarter. Farther Finance Advisors LLC now owns 845 shares of the company's stock valued at $49,000 after buying an additional 514 shares in the last quarter. 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 valued at $133,000 after buying an additional 498 shares in the last quarter. CWM LLC raised its stake in NorthWestern Energy Group by 38.0% during the first quarter. CWM LLC now owns 3,055 shares of the company's stock valued at $177,000 after buying an additional 842 shares in the last quarter. 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 valued at $189,000 after buying an additional 765 shares in the last quarter. Finally, Thoroughbred Financial Services LLC acquired a new stake in NorthWestern Energy Group during the first quarter valued at approximately $200,000. Institutional investors and hedge funds own 96.07% of the company's stock.

NorthWestern Energy Group Stock Performance

Shares of NorthWestern Energy Group stock traded up $1.30 on Friday, reaching $58.37. 98,313 shares of the company were exchanged, compared to its average volume of 476,781. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.37 and a current ratio of 0.52. The company's 50-day moving average is $53.09 and its two-hundred day moving average is $54.74. The firm has a market cap of $3.58 billion, a price-to-earnings ratio of 15.98, a P/E/G ratio of 2.40 and a beta of 0.35. NorthWestern Energy Group, Inc. has a 1-year low of $50.43 and a 1-year high of $59.89.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.40 earnings per share 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%.NorthWestern Energy Group's revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.53 EPS. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. As a group, research analysts expect that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current fiscal year.

NorthWestern Energy Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a $0.66 dividend. This represents a $2.64 annualized dividend and a yield of 4.5%. The ex-dividend date is Monday, September 15th. NorthWestern Energy Group's dividend payout ratio (DPR) is currently 71.93%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on NWE shares. BMO Capital Markets started coverage on NorthWestern Energy Group in a research note on Tuesday, May 13th. They set a "market perform" rating and a $60.00 price objective on the stock. LADENBURG THALM/SH SH reiterated a "neutral" rating and set a $56.00 price target (down from $57.50) on shares of NorthWestern Energy Group in a research report on Monday, June 2nd. Finally, Wells Fargo & Company increased 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. Four research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $60.00.

About NorthWestern Energy Group

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.