Hennion & Walsh Asset Management Inc. Acquires 9,809 Shares of NorthWestern Corporation $NWE

Hennion & Walsh Asset Management Inc. increased its holdings in NorthWestern Corporation (NASDAQ:NWE) by 183.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 15,144 shares of the company’s stock after buying an additional 9,809 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in NorthWestern were worth $977,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Accurate Wealth Management LLC grew its stake in shares of NorthWestern by 25.1% in the 4th quarter. Accurate Wealth Management LLC now owns 4,502 shares of the company’s stock valued at $297,000 after purchasing an additional 902 shares during the period. Legacy Wealth Asset Management LLC acquired a new stake in NorthWestern in the 4th quarter valued at $203,000. SG Americas Securities LLC grew its position in NorthWestern by 536.6% in the fourth quarter. SG Americas Securities LLC now owns 26,325 shares of the company’s stock valued at $1,699,000 after acquiring an additional 22,190 shares during the period. Assenagon Asset Management S.A. grew its position in NorthWestern by 37.0% in the fourth quarter. Assenagon Asset Management S.A. now owns 14,332 shares of the company’s stock valued at $925,000 after acquiring an additional 3,870 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in NorthWestern by 25.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 17,663 shares of the company’s stock worth $1,148,000 after acquiring an additional 3,639 shares in the last quarter. 96.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on NWE shares. Weiss Ratings restated a “buy (b)” rating on shares of NorthWestern in a research note on Monday, December 29th. Wells Fargo & Company cut their price target on shares of NorthWestern from $53.00 to $52.00 and set an “underweight” rating for the company in a report on Friday, February 13th. BMO Capital Markets boosted their price target on shares of NorthWestern from $65.00 to $70.00 and gave the company a “market perform” rating in a research report on Friday, February 13th. JPMorgan Chase & Co. upped their price objective on shares of NorthWestern from $60.00 to $61.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Finally, LADENBURG THALM/SH SH upgraded shares of NorthWestern from a “neutral” rating to a “buy” rating and lifted their target price for the company from $56.00 to $75.50 in a research note on Wednesday. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $64.10.

NorthWestern Stock Performance

NorthWestern stock opened at $67.59 on Friday. The stock has a 50-day simple moving average of $67.98 and a 200 day simple moving average of $64.83. The stock has a market capitalization of $4.16 billion, a price-to-earnings ratio of 22.99, a P/E/G ratio of 2.74 and a beta of 0.32. The company has a quick ratio of 0.53, a current ratio of 0.72 and a debt-to-equity ratio of 1.10. NorthWestern Corporation has a 12-month low of $50.46 and a 12-month high of $72.21.

NorthWestern (NASDAQ:NWE) last issued its quarterly earnings data on Thursday, February 12th. The company reported $1.17 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.02). NorthWestern had a return on equity of 7.62% and a net margin of 11.24%.The company’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.13 EPS. NorthWestern has set its FY 2026 guidance at 3.680-3.830 EPS.

NorthWestern Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Friday, March 13th were issued a $0.67 dividend. The ex-dividend date of this dividend was Friday, March 13th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 4.0%. NorthWestern’s dividend payout ratio (DPR) is currently 91.16%.

About NorthWestern

NorthWestern Corporation (NASDAQ: NWE) is a regulated energy company that delivers electricity and natural gas to residential, commercial and industrial customers. Through its Electric Operations and Gas Operations segments, the company operates an extensive network of distribution lines, substations and pipelines. NorthWestern’s services encompass the delivery of power sourced from regional transmission systems and the procurement, storage and distribution of natural gas to end users.

Electric delivery services include the management of distribution infrastructure, customer metering and system reliability programs.