US Bancorp DE Trims Position in NorthWestern Energy Group, Inc. $NWE

US Bancorp DE trimmed its holdings in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 5.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,499 shares of the company’s stock after selling 696 shares during the quarter. US Bancorp DE’s holdings in NorthWestern Energy Group were worth $641,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NWE. Farther Finance Advisors LLC increased its position in shares of NorthWestern Energy Group by 155.3% during the 1st 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 last quarter. USA Financial Formulas acquired a new stake in shares of NorthWestern Energy Group during the 2nd quarter worth about $53,000. Ransom Advisory Ltd increased its position in shares of NorthWestern Energy Group by 800.0% during the 2nd quarter. Ransom Advisory Ltd now owns 1,800 shares of the company’s stock worth $92,000 after purchasing an additional 1,600 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of NorthWestern Energy Group during the 1st quarter worth about $116,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of NorthWestern Energy Group during the 1st quarter worth about $129,000. 96.07% of the stock is owned by institutional investors and hedge funds.

NorthWestern Energy Group Stock Up 0.3%

Shares of NYSE:NWE opened at $59.27 on Monday. The business has a 50-day moving average price of $57.31 and a 200 day moving average price of $55.43. 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 company has a market capitalization of $3.64 billion, a price-to-earnings ratio of 16.24, a PEG ratio of 2.40 and a beta of 0.39. NorthWestern Energy Group, Inc. has a 12-month low of $50.43 and a 12-month high of $59.89.

NorthWestern Energy Group (NYSE:NWE) last released its earnings results on Thursday, July 31st. The company reported $0.40 earnings per share for the quarter, beating 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 business’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the company posted $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 company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a $0.66 dividend. This represents a $2.64 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Monday, September 15th. NorthWestern Energy Group’s payout ratio is currently 71.93%.

About NorthWestern Energy Group

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.