Mutual of America Capital Management LLC Purchases 20,931 Shares of NorthWestern Energy Group, Inc. $NWE

Mutual of America Capital Management LLC boosted its stake in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) by 18.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 137,020 shares of the company’s stock after purchasing an additional 20,931 shares during the quarter. Mutual of America Capital Management LLC owned 0.22% of NorthWestern Energy Group worth $7,029,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. State of Alaska Department of Revenue raised its stake in NorthWestern Energy Group by 2.6% during the 1st quarter. State of Alaska Department of Revenue now owns 7,179 shares of the company’s stock valued at $415,000 after purchasing an additional 185 shares during the last quarter. State of Michigan Retirement System raised its stake in NorthWestern Energy Group by 1.4% during the 1st quarter. State of Michigan Retirement System now owns 14,728 shares of the company’s stock valued at $852,000 after purchasing an additional 200 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in NorthWestern Energy Group by 1.2% during the 1st quarter. Louisiana State Employees Retirement System now owns 17,200 shares of the company’s stock valued at $995,000 after purchasing an additional 200 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in NorthWestern Energy Group by 1.0% during the 1st quarter. PNC Financial Services Group Inc. now owns 26,322 shares of the company’s stock valued at $1,523,000 after purchasing an additional 250 shares during the last quarter. Finally, New York State Teachers Retirement System raised its stake in NorthWestern Energy Group by 0.4% during the 1st quarter. New York State Teachers Retirement System now owns 75,478 shares of the company’s stock valued at $4,368,000 after purchasing an additional 300 shares during the last quarter. 96.07% of the stock is currently owned by institutional investors and hedge funds.

NorthWestern Energy Group Price Performance

NYSE:NWE opened at $60.88 on Tuesday. The stock has a market cap of $3.74 billion, a P/E ratio of 16.68, a PEG ratio of 2.40 and a beta of 0.39. NorthWestern Energy Group, Inc. has a one year low of $50.43 and a one year high of $60.90. The company has a fifty day moving average price of $57.42 and a 200 day moving average price of $55.46. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.52 and a quick ratio of 0.37.

NorthWestern Energy Group (NYSE:NWE) last released its earnings results on Thursday, July 31st. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.38 by $0.02. NorthWestern Energy Group had a net margin of 14.81% and a return on equity of 7.40%. During the same quarter in the previous year, the company posted $0.53 earnings per share. The company’s quarterly revenue was up 7.1% compared to the same quarter last year. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. Analysts anticipate that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current year.

NorthWestern Energy Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a $0.66 dividend. The ex-dividend date was Monday, September 15th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 4.3%. NorthWestern Energy Group’s dividend 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.