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Vanguard Group Inc. Has $465.13 Million Stake in MDU Resources Group, Inc. $MDU

MDU Resources Group logo with Utilities background
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Key Points

  • Vanguard Group boosted its Q4 holding in MDU Resources by 2.5% to 23,828,483 shares, representing a roughly 11.66% stake worth $465.13 million after buying 571,015 shares.
  • MDU reported Q results with EPS of $0.37 (in line) but revenue of $534M missed expectations, set FY2026 guidance of 0.93–1.00 EPS, and the stock carries a consensus "Hold" rating with a $21.25 target.
  • MDU pays a quarterly dividend of $0.14 (annualized $0.56), yielding about 2.5% with a dividend payout ratio near 60%.
  • Five stocks we like better than MDU Resources Group.

Vanguard Group Inc. lifted its holdings in MDU Resources Group, Inc. (NYSE:MDU - Free Report) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,828,483 shares of the utilities provider's stock after buying an additional 571,015 shares during the period. Vanguard Group Inc. owned about 11.66% of MDU Resources Group worth $465,132,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Smith Moore & CO. grew its stake in MDU Resources Group by 4.3% in the fourth quarter. Smith Moore & CO. now owns 12,855 shares of the utilities provider's stock valued at $251,000 after purchasing an additional 535 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of MDU Resources Group by 2.5% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 22,414 shares of the utilities provider's stock valued at $408,000 after buying an additional 540 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of MDU Resources Group by 25.4% in the 4th quarter. GAMMA Investing LLC now owns 2,748 shares of the utilities provider's stock valued at $54,000 after buying an additional 556 shares in the last quarter. Koshinski Asset Management Inc. grew its stake in shares of MDU Resources Group by 5.3% in the 3rd quarter. Koshinski Asset Management Inc. now owns 11,098 shares of the utilities provider's stock valued at $198,000 after buying an additional 560 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in MDU Resources Group by 4.1% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 16,577 shares of the utilities provider's stock worth $324,000 after buying an additional 652 shares during the last quarter. Hedge funds and other institutional investors own 71.44% of the company's stock.

Insider Buying and Selling at MDU Resources Group

In related news, Director Charles M. Kelley purchased 5,000 shares of MDU Resources Group stock in a transaction that occurred on Friday, February 13th. The shares were acquired at an average price of $20.84 per share, for a total transaction of $104,200.00. Following the transaction, the director directly owned 8,031 shares in the company, valued at approximately $167,366.04. This represents a 164.96% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 0.50% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. Weiss Ratings restated a "hold (c)" rating on shares of MDU Resources Group in a research note on Friday, April 10th. Loop Capital set a $21.00 target price on MDU Resources Group in a report on Tuesday, February 24th. Citigroup reiterated a "neutral" rating on shares of MDU Resources Group in a research note on Thursday, January 15th. Finally, JPMorgan Chase & Co. initiated coverage on MDU Resources Group in a research note on Thursday, April 16th. They issued a "neutral" rating and a $22.00 price objective on the stock. One research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $21.25.

Check Out Our Latest Analysis on MDU Resources Group

MDU Resources Group Trading Down 0.3%

MDU Resources Group stock opened at $22.47 on Wednesday. The business has a 50 day moving average price of $21.18 and a two-hundred day moving average price of $20.50. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 0.91. MDU Resources Group, Inc. has a 12 month low of $15.76 and a 12 month high of $22.83. The stock has a market cap of $4.60 billion, a price-to-earnings ratio of 24.16, a price-to-earnings-growth ratio of 4.15 and a beta of 0.70.

MDU Resources Group (NYSE:MDU - Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.37. The company had revenue of $534.00 million during the quarter, compared to analysts' expectations of $560.72 million. MDU Resources Group had a net margin of 10.15% and a return on equity of 6.98%. The business's revenue was down .3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.90 EPS. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. As a group, equities analysts forecast that MDU Resources Group, Inc. will post 0.98 EPS for the current year.

MDU Resources Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Thursday, March 12th were paid a $0.14 dividend. The ex-dividend date was Thursday, March 12th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.5%. MDU Resources Group's dividend payout ratio (DPR) is 60.22%.

MDU Resources Group Profile

(Free Report)

MDU Resources Group, Inc is a diversified energy and services holding company headquartered in Bismarck, North Dakota. The company operates through two primary segments: Utilities and Construction Services and Pipelines & Midstream. Serving a broad geographic footprint across the upper Midwest and Pacific Northwest, MDU provides essential energy distribution and infrastructure services to residential, commercial and industrial customers.

The Utilities segment delivers electric and natural gas distribution services in Montana, North Dakota, South Dakota, Minnesota, Kansas, Wisconsin, Michigan and Washington.

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Institutional Ownership by Quarter for MDU Resources Group (NYSE:MDU)

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