NorthWestern Energy Group, Inc. $NWE Shares Acquired by Envestnet Portfolio Solutions Inc.

Key Points

• Envestnet Portfolio Solutions Inc. increased its holdings in NorthWestern Energy Group, Inc. by 207.8% during the 2nd quarter, now owning 20,848 shares worth approximately $1,069,000.
• The company reported a Q2 EPS of $0.40, exceeding the consensus estimate of $0.38, with a revenue increase of 7.1% compared to the same quarter last year.
• NorthWestern Energy recently declared a quarterly dividend of $0.66 per share, representing a 4.5% yield with a payout ratio of 71.93%.

Envestnet Portfolio Solutions Inc. grew its holdings in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 207.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,848 shares of the company's stock after purchasing an additional 14,074 shares during the period. Envestnet Portfolio Solutions Inc.'s holdings in NorthWestern Energy Group were worth $1,069,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Principal Financial Group Inc. raised its holdings in shares of NorthWestern Energy Group by 4.1% in the 1st quarter. Principal Financial Group Inc. now owns 181,192 shares of the company's stock valued at $10,486,000 after buying an additional 7,177 shares during the period. SG Americas Securities LLC purchased a new stake in shares of NorthWestern Energy Group in the 1st quarter valued at $626,000. GAMMA Investing LLC raised its holdings 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 valued at $133,000 after buying an additional 498 shares during the period. EntryPoint Capital LLC purchased a new stake in shares of NorthWestern Energy Group in the 1st quarter valued at $356,000. Finally, KBC Group NV raised its holdings 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 valued at $189,000 after buying an additional 765 shares during the period. Hedge funds and other institutional investors own 96.07% of the company's stock.

NorthWestern Energy Group Price Performance

NWE stock opened at $59.27 on Friday. 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 capitalization of $3.64 billion, a PE ratio of 16.24, a P/E/G ratio of 2.40 and a beta of 0.39. NorthWestern Energy Group, Inc. has a 12-month low of $50.43 and a 12-month high of $59.89. The business's fifty day moving average price is $57.31 and its 200 day moving average price is $55.45.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.40 earnings per share (EPS) for the quarter, beating 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%.NorthWestern Energy Group's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.53 EPS. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. On average, sell-side analysts anticipate that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current year.

NorthWestern Energy Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a dividend of $0.66 per share. The ex-dividend date was Monday, September 15th. This represents a $2.64 annualized dividend and a yield of 4.5%. 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.

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