Lesa Sroufe & Co Purchases 2,263 Shares of NorthWestern Energy Group, Inc. $NWE

Lesa Sroufe & Co lifted its position in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 6.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 39,656 shares of the company’s stock after purchasing an additional 2,263 shares during the period. NorthWestern Energy Group accounts for approximately 1.9% of Lesa Sroufe & Co’s portfolio, making the stock its 21st largest position. Lesa Sroufe & Co owned 0.06% of NorthWestern Energy Group worth $2,034,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of NWE. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of NorthWestern Energy Group during the fourth quarter worth about $203,000. Farther Finance Advisors LLC boosted its holdings in shares of NorthWestern Energy Group by 155.3% during the first quarter. Farther Finance Advisors LLC now owns 845 shares of the company’s stock worth $49,000 after purchasing an additional 514 shares during the period. GAMMA Investing LLC boosted its holdings in shares of NorthWestern Energy Group by 27.7% during the first quarter. GAMMA Investing LLC now owns 2,297 shares of the company’s stock worth $133,000 after purchasing an additional 498 shares during the period. SG Americas Securities LLC purchased a new stake in shares of NorthWestern Energy Group during the first quarter worth about $626,000. Finally, Exchange Traded Concepts LLC boosted its holdings in shares of NorthWestern Energy Group by 4.1% during the first quarter. Exchange Traded Concepts LLC now owns 14,379 shares of the company’s stock worth $832,000 after purchasing an additional 571 shares during the period. 96.07% of the stock is currently owned by hedge funds and other institutional investors.

NorthWestern Energy Group Stock Performance

NorthWestern Energy Group stock opened at $59.00 on Thursday. The company has a current ratio of 0.52, a quick ratio of 0.37 and a debt-to-equity ratio of 0.94. The firm has a 50-day moving average of $57.16 and a 200-day moving average of $55.46. The firm has a market cap of $3.62 billion, a P/E ratio of 16.16, a P/E/G ratio of 2.40 and a beta of 0.39. NorthWestern Energy Group, Inc. has a 1-year low of $50.43 and a 1-year high of $59.89.

NorthWestern Energy Group (NYSE:NWE) last posted its earnings results on Thursday, July 31st. The company reported $0.40 earnings per share 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%. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same quarter last year, the company earned $0.53 earnings per share. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. Sell-side analysts expect that NorthWestern Energy Group, Inc. will post 3.63 EPS for the current year.

NorthWestern Energy Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a $0.66 dividend. The ex-dividend date was Monday, September 15th. This represents a $2.64 annualized dividend and a yield of 4.5%. NorthWestern Energy Group’s dividend payout ratio (DPR) is 71.93%.

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.