Jane Street Group LLC Increases Stock Holdings in NorthWestern Energy Group, Inc. $NWE

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 grew its stake in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 1,549.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 243,070 shares of the company's stock after acquiring an additional 228,338 shares during the quarter. Jane Street Group LLC owned about 0.40% of NorthWestern Energy Group worth $14,066,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of NWE. Farther Finance Advisors LLC increased 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 in 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 about $116,000. Kestra Investment Management LLC acquired a new position in shares of NorthWestern Energy Group during the first quarter valued at about $129,000. GAMMA Investing LLC increased 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 in the last quarter. Finally, CWM LLC increased 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 in the last quarter. Institutional investors and hedge funds own 96.07% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, LADENBURG THALM/SH SH reiterated a "neutral" rating and issued a $56.00 price target (down previously from $57.50) on shares of NorthWestern Energy Group in a report on Monday, June 2nd. Three 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, the company currently has an average rating of "Hold" and an average price target of $59.17.

NorthWestern Energy Group Stock Performance

NorthWestern Energy Group stock traded down $0.36 during mid-day trading on Friday, hitting $56.08. The company had a trading volume of 930,246 shares, compared to its average volume of 466,865. 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, Inc. has a 12-month low of $50.43 and a 12-month high of $59.89. The company's fifty day moving average is $55.38 and its 200-day moving average is $55.19. The company has a market capitalization of $3.44 billion, a price-to-earnings ratio of 15.36, a P/E/G ratio of 2.40 and a beta of 0.40.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last released its quarterly earnings data 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 period last year, the firm posted $0.53 EPS. The company's 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. Equities research analysts predict that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current year.

NorthWestern Energy Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.7%. NorthWestern Energy Group's dividend payout ratio (DPR) is 71.93%.

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.