BMO Capital Markets Boosts NorthWestern Energy Group (NYSE:NWE) Price Target to $70.00

NorthWestern Energy Group (NYSE:NWE) had its price objective hoisted by stock analysts at BMO Capital Markets from $65.00 to $70.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has a “market perform” rating on the stock. BMO Capital Markets’ price target points to a potential upside of 1.76% from the stock’s current price.

Several other research analysts have also weighed in on the stock. Wells Fargo & Company lowered shares of NorthWestern Energy Group from an “equal weight” rating to an “underweight” rating and cut their price objective for the stock from $58.00 to $53.00 in a report on Tuesday, January 20th. Barclays upped their price target on shares of NorthWestern Energy Group from $61.00 to $62.00 and gave the stock an “overweight” rating in a research report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. lifted their price target on shares of NorthWestern Energy Group from $60.00 to $61.00 and gave the company a “neutral” rating in a report on Friday, December 12th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, NorthWestern Energy Group currently has a consensus rating of “Hold” and a consensus target price of $60.40.

NorthWestern Energy Group Price Performance

NWE stock opened at $68.79 on Friday. The stock has a market capitalization of $4.23 billion, a price-to-earnings ratio of 18.85, a price-to-earnings-growth ratio of 2.40 and a beta of 0.34. The company has a quick ratio of 0.37, a current ratio of 0.52 and a debt-to-equity ratio of 0.94. NorthWestern Energy Group has a 52-week low of $50.46 and a 52-week high of $71.25. The stock’s fifty day simple moving average is $66.57 and its 200-day simple moving average is $61.94.

NorthWestern Energy Group (NYSE:NWE) last released its earnings results on Thursday, February 12th. The company reported $1.17 EPS for the quarter, missing the consensus estimate of $1.19 by ($0.02). NorthWestern Energy Group had a net margin of 14.81% and a return on equity of 7.40%. During the same period last year, the business earned $1.13 earnings per share. The firm’s quarterly revenue was up 10.9% on a year-over-year basis. NorthWestern Energy Group has set its FY 2026 guidance at 3.680-3.830 EPS. Equities research analysts expect that NorthWestern Energy Group will post 3.63 EPS for the current year.

Institutional Trading of NorthWestern Energy Group

Several large investors have recently added to or reduced their stakes in NWE. Allworth Financial LP grew its stake in shares of NorthWestern Energy Group by 263.3% in the third quarter. Allworth Financial LP now owns 436 shares of the company’s stock valued at $26,000 after buying an additional 316 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of NorthWestern Energy Group by 3,221.4% in the third quarter. Caitong International Asset Management Co. Ltd now owns 465 shares of the company’s stock valued at $27,000 after purchasing an additional 451 shares during the period. IFP Advisors Inc grew its holdings in NorthWestern Energy Group by 142.0% during the 4th quarter. IFP Advisors Inc now owns 455 shares of the company’s stock valued at $29,000 after purchasing an additional 267 shares in the last quarter. Clearstead Advisors LLC grew its holdings in NorthWestern Energy Group by 1,220.0% during the 3rd quarter. Clearstead Advisors LLC now owns 528 shares of the company’s stock valued at $31,000 after purchasing an additional 488 shares in the last quarter. Finally, PenderFund Capital Management Ltd. purchased a new stake in NorthWestern Energy Group during the 3rd quarter worth $37,000. 96.07% of the stock is currently owned by institutional investors and hedge funds.

About NorthWestern Energy Group

NorthWestern Energy Group (NYSE: NWE) is a regulated energy utility company based in Sioux Falls, South Dakota. The company delivers electricity and natural gas to residential, commercial and industrial customers across a service territory that spans Montana, South Dakota and Nebraska. Through its wholly owned subsidiary, NorthWestern Corporation, it operates a diversified portfolio of generation assets, including thermal, hydroelectric and renewable facilities, as well as an extensive network of transmission and distribution lines.

NorthWestern Energy’s primary business activities encompass the delivery, transmission and sale of electric and natural gas services.