NorthWestern Energy Group, Inc. $NWE Shares Sold by William Blair Investment Management LLC

Key Points

• William Blair Investment Management LLC reduced its stake in NorthWestern Energy Group by 7.7%, selling 40,404 shares and leaving it with 483,874 shares valued at approximately $24.8 million.
• NorthWestern Energy reported Q2 earnings of $0.40 per share, exceeding analyst expectations of $0.38, while also announcing a quarterly dividend of $0.66 per share, representing a 4.5% dividend yield.
• The company's stock trades at a market cap of $3.64 billion, with a price-to-earnings ratio of 16.24 and a 52-week range between $50.43 and $59.89.

William Blair Investment Management LLC trimmed its holdings in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 7.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 483,874 shares of the company's stock after selling 40,404 shares during the period. William Blair Investment Management LLC owned 0.79% of NorthWestern Energy Group worth $24,823,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in NWE. Nuveen LLC acquired a new stake in NorthWestern Energy Group in the 1st quarter valued at about $53,538,000. Jane Street Group LLC grew its stake in NorthWestern Energy Group by 1,549.9% in the 1st quarter. Jane Street Group LLC now owns 243,070 shares of the company's stock valued at $14,066,000 after acquiring an additional 228,338 shares during the last quarter. Jupiter Asset Management Ltd. acquired a new stake in NorthWestern Energy Group in the 1st quarter valued at about $9,899,000. AQR Capital Management LLC grew its stake in NorthWestern Energy Group by 38.9% in the 1st quarter. AQR Capital Management LLC now owns 583,063 shares of the company's stock valued at $33,482,000 after acquiring an additional 163,147 shares during the last quarter. Finally, Westwood Holdings Group Inc. grew its stake in NorthWestern Energy Group by 13.2% in the 1st quarter. Westwood Holdings Group Inc. now owns 1,001,201 shares of the company's stock valued at $57,940,000 after acquiring an additional 117,087 shares during the last quarter. 96.07% of the stock is owned by institutional investors and hedge funds.

NorthWestern Energy Group Price Performance

Shares of NYSE NWE opened at $59.27 on Monday. The stock has a market cap of $3.64 billion, a price-to-earnings ratio of 16.24, a PEG ratio of 2.40 and a beta of 0.39. NorthWestern Energy Group, Inc. has a 52 week low of $50.43 and a 52 week high of $59.89. The company's 50-day moving average price is $57.31 and its 200 day moving average price is $55.43. 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 issued its quarterly earnings data 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 net margin of 14.81% and a return on equity of 7.40%. During the same period in the previous year, the business posted $0.53 EPS. The business's quarterly revenue was up 7.1% compared to the same quarter last year. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. As a group, research analysts forecast that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current fiscal year.

NorthWestern Energy Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were paid a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, September 15th. NorthWestern Energy Group's dividend payout ratio (DPR) is currently 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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