MDU Resources Group (NYSE:MDU) Share Price Crosses Above 200-Day Moving Average - Here's What Happened

Key Points

• Shares of MDU Resources Group (MDU) crossed above its 200-day moving average of $20.41, trading as high as $22.26 and last at $21.97 on heavy volume (1.68M shares), with the stock trading up about 0.8%.
• Analysts hold a consensus Hold rating with a $21.25 price target (one Buy, five Hold); recent coverage includes JPMorgan initiating at "neutral" with a $22 target.
• MDU has a $4.5B market cap and a P/E of 23.6, with FY2026 EPS guidance of $0.93–1.00 (analysts forecast $0.98); it pays a $0.14 quarterly dividend (annual yield ~2.5%, DPR ~60%), an insider recently bought 5,000 shares, and institutions own about 71.4% of the stock.

Shares of MDU Resources Group, Inc. (NYSE:MDU - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $20.41 and traded as high as $22.26. MDU Resources Group shares last traded at $21.9650, with a volume of 1,675,217 shares traded.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on MDU shares. Citigroup reaffirmed a "neutral" rating on shares of MDU Resources Group in a research note on Thursday, January 15th. JPMorgan Chase & Co. assumed coverage on shares of MDU Resources Group in a research note on Thursday, April 16th. They set a "neutral" rating and a $22.00 target price on the stock. Loop Capital set a $21.00 price target on shares of MDU Resources Group in a research report on Tuesday, February 24th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of MDU Resources Group in a research report on Friday, April 10th. One equities research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $21.25.

MDU Resources Group Trading Up 0.8%

The firm has a market capitalization of $4.50 billion, a price-to-earnings ratio of 23.62, a PEG ratio of 4.01 and a beta of 0.70. The business's 50-day simple moving average is $21.02 and its two-hundred day simple moving average is $20.41. 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 (NYSE:MDU - Get Free Report) last announced its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.37 earnings per share for the quarter, meeting analysts' consensus estimates of $0.37. MDU Resources Group had a net margin of 10.15% and a return on equity of 6.98%. The business had revenue of $534.00 million during the quarter, compared to analysts' expectations of $560.72 million. During the same period last year, the business earned $0.90 earnings per share. The business's revenue for the quarter was down .3% on a year-over-year basis. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. Equities analysts forecast that MDU Resources Group, Inc. will post 0.98 earnings per share for the current year.

MDU Resources Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Thursday, March 12th were given a dividend of $0.14 per share. 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 currently 60.22%.

Insider Buying and Selling at MDU Resources Group

In related news, Director Charles M. Kelley purchased 5,000 shares of the company's stock in a transaction on Friday, February 13th. The stock was acquired at an average cost of $20.84 per share, for a total transaction of $104,200.00. Following the completion of the transaction, the director directly owned 8,031 shares in the company, valued at approximately $167,366.04. The trade was a 164.96% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 0.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. HB Wealth Management LLC acquired a new position in shares of MDU Resources Group in the first quarter valued at approximately $214,000. Private Advisor Group LLC grew its holdings in shares of MDU Resources Group by 0.9% in the first quarter. Private Advisor Group LLC now owns 70,442 shares of the utilities provider's stock valued at $1,460,000 after purchasing an additional 612 shares in the last quarter. Apollon Wealth Management LLC grew its holdings in shares of MDU Resources Group by 8.3% in the first quarter. Apollon Wealth Management LLC now owns 16,482 shares of the utilities provider's stock valued at $342,000 after purchasing an additional 1,263 shares in the last quarter. Pictet Asset Management Holding SA grew its holdings in shares of MDU Resources Group by 7.1% in the first quarter. Pictet Asset Management Holding SA now owns 37,862 shares of the utilities provider's stock valued at $785,000 after purchasing an additional 2,517 shares in the last quarter. Finally, Louisiana State Employees Retirement System acquired a new position in shares of MDU Resources Group in the first quarter valued at approximately $1,877,000. Institutional investors and hedge funds own 71.44% of the company's stock.

About MDU Resources Group

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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