NorthWestern Energy Group, Inc. $NWE Shares Bought by Jane Street Group LLC

Key Points

• Jane Street Group LLC significantly increased its holdings in NorthWestern Energy Group, acquiring 228,338 additional shares, bringing its total to 243,070 shares, valued at approximately $14 million.
• NorthWestern Energy Group has set a FY 2025 guidance EPS of 3.530-3.650 and reported a quarterly EPS of $0.40, exceeding analysts' expectations.
• The company announced a quarterly dividend of $0.66 per share, indicating a 4.6% dividend yield with a payout ratio of 71.93%.

Jane Street Group LLC increased its holdings in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 1,549.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 243,070 shares of the company's stock after purchasing an additional 228,338 shares during the quarter. Jane Street Group LLC owned 0.40% of NorthWestern Energy Group worth $14,066,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its holdings in shares of 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 acquiring an additional 514 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of NorthWestern Energy Group during the first quarter valued at approximately $116,000. Kestra Investment Management LLC acquired a new position in shares of NorthWestern Energy Group during the first quarter valued at approximately $129,000. GAMMA Investing LLC raised its holdings in shares of 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 acquiring an additional 498 shares during the last quarter. Finally, CWM LLC raised its holdings in shares of 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 acquiring an additional 842 shares during the last quarter. Institutional investors and hedge funds own 96.07% of the company's stock.

Wall Street Analyst Weigh In

Separately, LADENBURG THALM/SH SH reissued a "neutral" rating and set a $56.00 target price (down previously from $57.50) on shares of NorthWestern Energy Group in a report on Monday, June 2nd. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $59.17.

NorthWestern Energy Group Trading Up 0.1%

NWE opened at $57.14 on Monday. NorthWestern Energy Group, Inc. has a 52 week low of $50.43 and a 52 week high of $59.89. The business has a fifty day simple moving average of $55.00 and a 200-day simple moving average of $55.17. The firm has a market cap of $3.51 billion, a P/E ratio of 15.65, a P/E/G ratio of 2.40 and a beta of 0.40. The company has a quick ratio of 0.37, a current ratio of 0.52 and a debt-to-equity ratio of 0.94.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.40 EPS for the quarter, topping 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%.During the same quarter last year, the company earned $0.53 earnings per share. The business's revenue for the quarter 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. On average, equities analysts expect that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current year.

NorthWestern Energy Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Monday, September 15th. NorthWestern Energy Group's dividend payout ratio (DPR) is presently 71.93%.

NorthWestern Energy Group Company 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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