Trexquant Investment LP Acquires New Shares in NorthWestern Energy Group, Inc. $NWE

Key Points

• Trexquant Investment LP has acquired a new position in NorthWestern Energy Group, Inc., purchasing 14,592 shares for approximately $844,000.
• NorthWestern Energy Group is about to pay a quarterly dividend of $0.66 per share on September 30th, with an annualized yield of 4.6%.
• The company recently reported $0.40 EPS for the last quarter, surpassing analysts' expectations and indicating a 7.1% revenue increase year-over-year.

Trexquant Investment LP acquired a new stake in NorthWestern Energy Group, Inc. (NYSE:NWE - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund acquired 14,592 shares of the company's stock, valued at approximately $844,000.

Several other institutional investors have also recently bought and sold shares of NWE. Farther Finance Advisors LLC boosted its holdings 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 valued at $49,000 after buying an additional 514 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new stake in NorthWestern Energy Group in the 1st quarter valued at $116,000. GAMMA Investing LLC raised its stake in NorthWestern Energy Group by 27.7% in the 1st quarter. GAMMA Investing LLC now owns 2,297 shares of the company's stock valued at $133,000 after acquiring an additional 498 shares during the period. CWM LLC raised its stake in NorthWestern Energy Group by 38.0% in the 1st quarter. CWM LLC now owns 3,055 shares of the company's stock valued at $177,000 after acquiring an additional 842 shares during the period. Finally, KBC Group NV increased its position in NorthWestern Energy Group by 30.6% during 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 period. Institutional investors own 96.07% of the company's stock.

Wall Street Analyst Weigh In

Separately, LADENBURG THALM/SH SH reiterated a "neutral" rating and set a $56.00 price objective (down previously from $57.50) on shares of NorthWestern Energy Group in a research report on Monday, June 2nd. Three analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, NorthWestern Energy Group has an average rating of "Hold" and a consensus price target of $59.17.

NorthWestern Energy Group Price Performance

Shares of NWE traded up $0.04 during trading hours on Friday, hitting $57.14. 220,553 shares of the company were exchanged, compared to its average volume of 466,995. The company has a market cap of $3.51 billion, a price-to-earnings ratio of 15.65, a P/E/G ratio of 2.40 and a beta of 0.40. NorthWestern Energy Group, Inc. has a fifty-two week low of $50.43 and a fifty-two week high of $59.89. The company has a quick ratio of 0.37, a current ratio of 0.52 and a debt-to-equity ratio of 0.94. The firm's fifty day moving average is $55.00 and its 200 day moving average is $55.17.

NorthWestern Energy Group (NYSE:NWE - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.40 earnings per share (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%.The company's revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the company posted $0.53 EPS. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. On average, equities analysts anticipate that NorthWestern Energy Group, Inc. will post 3.63 earnings per share 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. Stockholders of record on Monday, September 15th will be issued a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Monday, September 15th. NorthWestern Energy Group's dividend payout ratio is 71.93%.

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.