MDU Resources Group, Inc. $MDU Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC raised its position in MDU Resources Group, Inc. (NYSE:MDU) by 8.6% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,126,669 shares of the utilities provider’s stock after purchasing an additional 89,673 shares during the period. Natixis Advisors LLC owned about 0.55% of MDU Resources Group worth $21,993,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. GoalVest Advisory LLC acquired a new stake in MDU Resources Group in the fourth quarter valued at $26,000. Flagship Harbor Advisors LLC acquired a new stake in MDU Resources Group in the fourth quarter valued at $27,000. Caitong International Asset Management Co. Ltd grew its holdings in MDU Resources Group by 6,404.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,496 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 1,473 shares during the last quarter. Geneos Wealth Management Inc. grew its holdings in MDU Resources Group by 94.5% in the second quarter. Geneos Wealth Management Inc. now owns 1,647 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 800 shares during the last quarter. Finally, Global Retirement Partners LLC grew its holdings in MDU Resources Group by 13,185.7% in the fourth quarter. Global Retirement Partners LLC now owns 1,860 shares of the utilities provider’s stock valued at $36,000 after purchasing an additional 1,846 shares during the last quarter. Institutional investors and hedge funds own 71.44% of the company’s stock.

MDU Resources Group Stock Up 1.0%

Shares of NYSE:MDU opened at $21.37 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.78 and a debt-to-equity ratio of 0.82. MDU Resources Group, Inc. has a 52-week low of $15.76 and a 52-week high of $22.98. The stock’s fifty day simple moving average is $21.79 and its 200-day simple moving average is $20.82. The company has a market capitalization of $4.37 billion, a P/E ratio of 23.22, a P/E/G ratio of 3.92 and a beta of 0.66.

MDU Resources Group (NYSE:MDU) last issued its quarterly earnings data on Thursday, May 7th. The utilities provider reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.03). MDU Resources Group had a net margin of 10.47% and a return on equity of 6.82%. The company had revenue of $605.98 million during the quarter, compared to analysts’ expectations of $688.34 million. During the same quarter in the prior year, the company earned $0.40 earnings per share. The firm’s revenue was down 10.2% compared to the same quarter last year. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. As a group, equities research analysts forecast that MDU Resources Group, Inc. will post 0.98 earnings per share for the current fiscal year.

MDU Resources Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Thursday, June 11th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Thursday, June 11th. MDU Resources Group’s dividend payout ratio is currently 60.87%.

Analysts Set New Price Targets

Several analysts have weighed in on MDU shares. Loop Capital set a $21.00 target price on MDU Resources Group in a report on Tuesday, February 24th. JPMorgan Chase & Co. started coverage on MDU Resources Group in a report on Thursday, April 16th. They issued a “neutral” rating and a $22.00 target price on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of MDU Resources Group in a report on Friday, April 10th. Finally, TD Cowen upped their target price on MDU Resources Group to $22.00 and gave the company a “hold” rating in a report on Friday, May 15th. One research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $21.75.

About MDU Resources Group

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.