AQR Capital Management LLC Grows Stake in NorthWestern Energy Group, Inc. $NWE

AQR Capital Management LLC lifted its position in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 38.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 583,063 shares of the company's stock after buying an additional 163,147 shares during the period. AQR Capital Management LLC owned approximately 0.95% of NorthWestern Energy Group worth $33,482,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of NWE. Farther Finance Advisors LLC boosted its stake in shares of NorthWestern Energy Group by 155.3% in the 1st quarter. Farther Finance Advisors LLC now owns 845 shares of the company's stock worth $49,000 after buying an additional 514 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of NorthWestern Energy Group in the 1st quarter worth $116,000. GAMMA Investing LLC boosted its stake in shares of NorthWestern Energy Group by 27.7% in the 1st quarter. GAMMA Investing LLC now owns 2,297 shares of the company's stock worth $133,000 after buying an additional 498 shares during the last quarter. CWM LLC boosted its stake in shares of NorthWestern Energy Group by 38.0% in the 1st quarter. CWM LLC now owns 3,055 shares of the company's stock worth $177,000 after buying an additional 842 shares during the last quarter. Finally, KBC Group NV boosted its stake in shares of NorthWestern Energy Group by 30.6% in the 1st quarter. KBC Group NV now owns 3,266 shares of the company's stock worth $189,000 after buying an additional 765 shares during the last quarter. 96.07% of the stock is currently owned by hedge funds and other institutional investors.

NorthWestern Energy Group Stock Performance

NorthWestern Energy Group stock traded down $0.12 during trading on Friday, reaching $56.98. The company had a trading volume of 48,244 shares, compared to its average volume of 465,976. NorthWestern Energy Group, Inc. has a 52 week low of $50.43 and a 52 week high of $59.89. The firm's 50-day simple moving average is $54.91 and its 200 day simple moving average is $55.15. The firm has a market capitalization of $3.50 billion, a price-to-earnings ratio of 15.61, a price-to-earnings-growth ratio of 2.40 and a beta of 0.40. 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 posted its quarterly earnings results on Thursday, July 31st. The company reported $0.40 EPS for the quarter, beating 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 company's revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.53 EPS. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. Sell-side analysts forecast 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 dividend of $0.66 per share. 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 dividend payout ratio (DPR) is currently 71.93%.

Wall Street Analysts Forecast Growth

Separately, LADENBURG THALM/SH SH restated a "neutral" rating and issued a $56.00 price target (down from $57.50) on shares of NorthWestern Energy Group in a research note on Monday, June 2nd. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $59.17.

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.