UBS Group AG increased its holdings in MDU Resources Group, Inc. (NYSE:MDU – Free Report) by 60.3% during the fourth quarter, HoldingsChannel reports. The fund owned 1,563,466 shares of the utilities provider’s stock after acquiring an additional 587,826 shares during the quarter. UBS Group AG’s holdings in MDU Resources Group were worth $30,519,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in MDU. Earnest Partners LLC acquired a new stake in shares of MDU Resources Group in the 3rd quarter worth about $22,762,000. Perpetual Ltd acquired a new stake in shares of MDU Resources Group in the 4th quarter worth about $22,031,000. Natixis Advisors LLC raised its holdings in shares of MDU Resources Group by 1,712.5% in the 3rd quarter. Natixis Advisors LLC now owns 1,036,996 shares of the utilities provider’s stock worth $18,469,000 after acquiring an additional 979,783 shares during the last quarter. Sei Investments Co. raised its holdings in shares of MDU Resources Group by 853.2% in the 3rd quarter. Sei Investments Co. now owns 1,038,077 shares of the utilities provider’s stock worth $18,488,000 after acquiring an additional 929,169 shares during the last quarter. Finally, Citadel Advisors LLC raised its holdings in shares of MDU Resources Group by 317.2% in the 3rd quarter. Citadel Advisors LLC now owns 1,178,299 shares of the utilities provider’s stock worth $20,986,000 after acquiring an additional 895,853 shares during the last quarter. Institutional investors and hedge funds own 71.44% of the company’s stock.
Insider Buying and Selling
In other news, Director Charles M. Kelley acquired 5,000 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was purchased at an average price of $20.84 per share, for a total transaction of $104,200.00. Following the purchase, the director owned 8,031 shares in the company, valued at approximately $167,366.04. This represents a 164.96% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.50% of the company’s stock.
Key MDU Resources Group News
- Positive Sentiment: MDU reported strong open season interest for its proposed Bakken East Pipeline Project, which could support future growth if the project advances successfully.
- Neutral Sentiment: The company affirmed 2026 guidance of $0.93 to $1.00 EPS, signaling management still expects full-year performance to remain on track despite a weak quarter.
- Neutral Sentiment: Brokerages now have a consensus Hold recommendation on MDU Resources, reflecting a cautious stance after the earnings report.
- Negative Sentiment: First-quarter results showed lower sales and earnings than expected, with milder weather and higher interest costs weighing on performance. MDU Resources Reports First Quarter 2026 Results; Progress on Proposed Bakken East Pipeline
Analysts Set New Price Targets
A number of research firms recently weighed in on MDU. Loop Capital set a $21.00 target price on shares of MDU Resources Group in a report on Tuesday, February 24th. Citigroup restated a “neutral” rating on shares of MDU Resources Group in a report on Thursday, January 15th. Weiss Ratings restated a “hold (c)” rating on shares of MDU Resources Group in a report on Friday, April 10th. Finally, JPMorgan Chase & Co. started coverage on shares of MDU Resources Group in a research note on Thursday, April 16th. They issued a “neutral” rating and a $22.00 price objective for the company. One research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, MDU Resources Group has an average rating of “Hold” and a consensus target price of $21.25.
View Our Latest Report on MDU Resources Group
MDU Resources Group Trading Up 0.0%
NYSE:MDU opened at $22.48 on Friday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.78 and a current ratio of 0.84. The firm has a market cap of $4.60 billion, a price-to-earnings ratio of 24.43, a price-to-earnings-growth ratio of 4.14 and a beta of 0.70. MDU Resources Group, Inc. has a 52 week low of $15.76 and a 52 week high of $22.83. The firm has a 50-day moving average price of $21.27 and a two-hundred day moving average price of $20.55.
MDU Resources Group (NYSE:MDU – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The utilities provider reported $0.39 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.03). The firm had revenue of $605.98 million during the quarter, compared to analysts’ expectations of $688.34 million. MDU Resources Group had a net margin of 10.47% and a return on equity of 6.92%. The company’s quarterly revenue was down 10.2% on a year-over-year basis. During the same quarter last year, the business posted $0.40 EPS. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. On average, equities analysts expect that MDU Resources Group, Inc. will post 0.98 earnings per share for the current fiscal year.
MDU Resources Group Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Thursday, March 12th were paid a $0.14 dividend. The ex-dividend date was Thursday, March 12th. This represents a $0.56 annualized dividend and a yield of 2.5%. MDU Resources Group’s dividend payout ratio (DPR) is 60.22%.
MDU Resources Group Company Profile
MDU Resources Group, Inc is a diversified energy and services holding company headquartered in Bismarck, North Dakota. The company operates through two primary segments: Utilities and Construction Services and Pipelines & Midstream. Serving a broad geographic footprint across the upper Midwest and Pacific Northwest, MDU provides essential energy distribution and infrastructure services to residential, commercial and industrial customers.
The Utilities segment delivers electric and natural gas distribution services in Montana, North Dakota, South Dakota, Minnesota, Kansas, Wisconsin, Michigan and Washington.
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