Brandywine Global Investment Management LLC Increases Stock Holdings in NorthWestern Energy Group, Inc. $NWE

Key Points

• Brandywine Global Investment Management LLC increased its stake in NorthWestern Energy Group by 5.4% during Q1, owning a total of 220,775 shares valued at approximately $12.78 million.
• The company recently announced a quarterly dividend of $0.66 per share, with a dividend yield of 4.8%, payable on September 30th.
• NorthWestern Energy Group's stock has a current average rating of "Hold" and a consensus price target of $60.00 from analysts.

Brandywine Global Investment Management LLC lifted its stake in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) by 5.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 220,775 shares of the company's stock after acquiring an additional 11,269 shares during the period. Brandywine Global Investment Management LLC owned 0.36% of NorthWestern Energy Group worth $12,776,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Nuveen LLC purchased a new stake in NorthWestern Energy Group during the 1st quarter worth approximately $53,538,000. First Trust Advisors LP lifted its holdings in NorthWestern Energy Group by 391.6% during the fourth quarter. First Trust Advisors LP now owns 999,884 shares of the company's stock valued at $53,454,000 after purchasing an additional 796,500 shares in the last quarter. Jupiter Asset Management Ltd. purchased a new stake in shares of NorthWestern Energy Group during the first quarter worth approximately $9,899,000. Nuveen Asset Management LLC raised its holdings in NorthWestern Energy Group by 24.7% in the 4th quarter. Nuveen Asset Management LLC now owns 752,441 shares of the company's stock valued at $40,225,000 after acquiring an additional 148,870 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in NorthWestern Energy Group by 7,288.9% during the first quarter. GAMMA Investing LLC now owns 132,927 shares of the company's stock worth $7,692,000 after buying an additional 131,128 shares during the last quarter. Institutional investors and hedge funds own 96.07% of the company's stock.

NorthWestern Energy Group Stock Performance

NorthWestern Energy Group stock traded up $1.3760 during trading hours on Friday, reaching $58.4460. 138,439 shares of the stock were exchanged, compared to its average volume of 477,017. NorthWestern Energy Group, Inc. has a 52-week low of $50.43 and a 52-week high of $59.89. The stock has a market cap of $3.59 billion, a P/E ratio of 16.03, a P/E/G ratio of 2.40 and a beta of 0.35. 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 firm's 50 day moving average is $53.09 and its 200 day moving average is $54.74.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.40 earnings per share (EPS) for the quarter, topping 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 quarter last year, the business earned $0.53 EPS. The company'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. Analysts predict that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current fiscal year.

NorthWestern Energy Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a yield of 4.5%. The ex-dividend date is Monday, September 15th. NorthWestern Energy Group's dividend payout ratio is presently 71.93%.

Wall Street Analysts Forecast Growth

NWE has been the topic of several recent analyst reports. Wells Fargo & Company upped their price target on NorthWestern Energy Group from $62.00 to $64.00 and gave the company an "overweight" rating in a research note on Thursday, May 1st. LADENBURG THALM/SH SH reissued a "neutral" rating and issued a $56.00 price target (down from $57.50) on shares of NorthWestern Energy Group in a research note on Monday, June 2nd. Finally, BMO Capital Markets began coverage on shares of NorthWestern Energy Group in a report on Tuesday, May 13th. They issued a "market perform" rating and a $60.00 price objective on the stock. Four research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price 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.