Van Lanschot Kempen Investment Management N.V. Purchases 7,857 Shares of NorthWestern Energy Group, Inc. $NWE

Key Points

• Van Lanschot Kempen Investment Management N.V. increased its stake in NorthWestern Energy Group, Inc. by 8.0%, owning approximately 0.17% of the company valued at $6.16 million.
• NorthWestern Energy Group recently announced a quarterly dividend of $0.66 per share, representing an annualized yield of 4.5% with a payout ratio of 71.93%.
• Wall Street analysts are generally positive about NWE, with a consensus rating of "Moderate Buy" and a target price of $60.00.

Van Lanschot Kempen Investment Management N.V. grew its position in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 8.0% during the first quarter, according to its most recent filing with the SEC. The firm owned 106,494 shares of the company's stock after acquiring an additional 7,857 shares during the period. Van Lanschot Kempen Investment Management N.V. owned about 0.17% of NorthWestern Energy Group worth $6,163,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC grew its position 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 period. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of NorthWestern Energy Group in the 1st quarter worth approximately $116,000. GAMMA Investing LLC grew 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 grew 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 grew 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 owned by hedge funds and other institutional investors.

NorthWestern Energy Group Stock Performance

Shares of NWE stock traded down $0.4190 on Monday, reaching $58.0610. The stock had a trading volume of 68,846 shares, compared to its average volume of 476,942. The stock has a market cap of $3.56 billion, a P/E ratio of 15.92, a price-to-earnings-growth ratio of 2.40 and a beta of 0.35. NorthWestern Energy Group, Inc. has a 1 year low of $50.43 and a 1 year high of $59.89. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.37 and a current ratio of 0.52. The company has a 50 day simple moving average of $53.23 and a 200 day simple moving average of $54.79.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.40 EPS for the quarter, topping 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%.During the same period in the previous year, the company posted $0.53 EPS. The company's 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. Equities research analysts expect that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current year.

NorthWestern Energy Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a dividend of $0.66 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $2.64 dividend on an annualized basis and a yield of 4.5%. NorthWestern Energy Group's dividend payout ratio (DPR) is currently 71.93%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on NWE. LADENBURG THALM/SH SH restated a "neutral" rating and issued a $56.00 price target (down previously from $57.50) on shares of NorthWestern Energy Group in a research note on Monday, June 2nd. BMO Capital Markets assumed coverage on shares of NorthWestern Energy Group in a report on Tuesday, May 13th. They set a "market perform" rating and a $60.00 price target on the stock. Finally, Wells Fargo & Company raised their price target on shares of NorthWestern Energy Group from $62.00 to $64.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, NorthWestern Energy Group presently has an average rating of "Moderate Buy" and an average price target of $60.00.

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.