Sivia Capital Partners LLC Invests $230,000 in NorthWestern Energy Group, Inc. $NWE

Key Points

• Sivia Capital Partners LLC invested $230,000 in NorthWestern Energy Group, acquiring 4,489 shares during the 2nd quarter.
• The company has a debt-to-equity ratio of 0.94 and reported earnings per share of $0.40 for the most recent quarter, exceeding estimates.
• NorthWestern Energy Group declared a quarterly dividend of $0.66 per share, representing an annualized yield of 4.7% and set to be paid on September 30th.

Sivia Capital Partners LLC purchased a new position in shares of NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 4,489 shares of the company's stock, valued at approximately $230,000.

Several other hedge funds have also recently bought and sold shares of NWE. State of Wyoming grew its position in shares of NorthWestern Energy Group by 6.1% during the fourth quarter. State of Wyoming now owns 4,138 shares of the company's stock worth $221,000 after buying an additional 238 shares in the last quarter. Squarepoint Ops LLC bought a new position in shares of NorthWestern Energy Group during the fourth quarter worth about $210,000. Voloridge Investment Management LLC grew its position in shares of NorthWestern Energy Group by 166.5% during the fourth quarter. Voloridge Investment Management LLC now owns 87,681 shares of the company's stock worth $4,687,000 after acquiring an additional 54,785 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in NorthWestern Energy Group by 9.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 136,322 shares of the company's stock worth $7,288,000 after purchasing an additional 11,324 shares during the period. Finally, Mackenzie Financial Corp lifted its holdings in NorthWestern Energy Group by 144.1% in the 4th quarter. Mackenzie Financial Corp now owns 10,247 shares of the company's stock valued at $548,000 after acquiring an additional 6,049 shares during the last quarter. Hedge funds and other institutional investors own 96.07% of the company's stock.

NorthWestern Energy Group Price Performance

Shares of NWE traded up $0.22 during midday trading on Tuesday, reaching $56.56. The stock had a trading volume of 33,232 shares, compared to its average volume of 463,734. The company has a market capitalization of $3.47 billion, a price-to-earnings ratio of 15.47, a price-to-earnings-growth ratio of 2.40 and a beta of 0.40. NorthWestern Energy Group, Inc. has a 12-month low of $50.43 and a 12-month high of $59.89. The company's 50-day moving average is $55.45 and its 200 day moving average is $55.19. 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 released its quarterly earnings results 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 return on equity of 7.40% and a net margin of 14.81%.During the same quarter last year, the business posted $0.53 earnings per share. NorthWestern Energy Group's quarterly 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. On average, equities analysts predict that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current fiscal year.

NorthWestern Energy Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be paid a $0.66 dividend. 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 4.7%. NorthWestern Energy Group's payout ratio is 71.93%.

Analyst Upgrades and Downgrades

Separately, LADENBURG THALM/SH SH reiterated a "neutral" rating and issued 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 assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $59.17.

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.