Magnetar Financial LLC Acquires 186,499 Shares of NorthWestern Energy Group, Inc. $NWE

Magnetar Financial LLC grew its holdings in NorthWestern Energy Group, Inc. (NYSE:NWE) by 2,066.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 195,522 shares of the company’s stock after buying an additional 186,499 shares during the quarter. Magnetar Financial LLC owned 0.32% of NorthWestern Energy Group worth $11,460,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Clearstead Advisors LLC increased its stake in NorthWestern Energy Group by 1,220.0% in the third quarter. Clearstead Advisors LLC now owns 528 shares of the company’s stock valued at $31,000 after acquiring an additional 488 shares during the period. Daiwa Securities Group Inc. lifted its stake in NorthWestern Energy Group by 34.3% during the second quarter. Daiwa Securities Group Inc. now owns 845 shares of the company’s stock worth $43,000 after purchasing an additional 216 shares during the period. Hantz Financial Services Inc. lifted its stake in NorthWestern Energy Group by 299.5% during the third quarter. Hantz Financial Services Inc. now owns 803 shares of the company’s stock worth $47,000 after purchasing an additional 602 shares during the period. Rothschild Investment LLC boosted its holdings in NorthWestern Energy Group by 838.4% during the third quarter. Rothschild Investment LLC now owns 807 shares of the company’s stock valued at $47,000 after purchasing an additional 721 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in NorthWestern Energy Group by 96.8% during the third quarter. Farther Finance Advisors LLC now owns 982 shares of the company’s stock valued at $58,000 after purchasing an additional 483 shares in the last quarter. 96.07% of the stock is owned by institutional investors.

NorthWestern Energy Group Price Performance

Shares of NorthWestern Energy Group stock opened at $67.83 on Wednesday. The stock has a market capitalization of $4.17 billion, a price-to-earnings ratio of 18.58, a P/E/G ratio of 2.40 and a beta of 0.33. The firm’s 50-day moving average price is $68.08 and its two-hundred day moving average price is $63.86. The company has a current ratio of 0.52, a quick ratio of 0.37 and a debt-to-equity ratio of 0.94. NorthWestern Energy Group, Inc. has a 1-year low of $50.46 and a 1-year high of $72.21.

NorthWestern Energy Group (NYSE:NWE) last posted its earnings results on Thursday, February 12th. The company reported $1.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.02). NorthWestern Energy Group had a net margin of 14.81% and a return on equity of 7.40%. NorthWestern Energy Group’s revenue was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.13 earnings per share. NorthWestern Energy Group has set its FY 2026 guidance at 3.680-3.830 EPS. On average, equities analysts predict that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current fiscal year.

NorthWestern Energy Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 4.0%. The ex-dividend date is Friday, March 13th. This is a positive change from NorthWestern Energy Group’s previous quarterly dividend of $0.66. NorthWestern Energy Group’s dividend payout ratio is presently 91.16%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on NWE shares. Wells Fargo & Company dropped their target price on NorthWestern Energy Group from $53.00 to $52.00 and set an “underweight” rating for the company in a report on Friday, February 13th. JPMorgan Chase & Co. boosted their price target on NorthWestern Energy Group from $60.00 to $61.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. BMO Capital Markets upped their price target on NorthWestern Energy Group from $65.00 to $70.00 and gave the company a “market perform” rating in a research report on Friday, February 13th. Finally, Barclays increased their price objective on NorthWestern Energy Group from $61.00 to $62.00 and gave the stock an “overweight” rating in a research note on Thursday, January 22nd. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $60.20.

NorthWestern Energy Group Profile

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.