Naples Global Advisors LLC Purchases 1,100 Shares of NorthWestern Energy Group, Inc. $NWE

Naples Global Advisors LLC lifted its position in NorthWestern Energy Group, Inc. (NYSE:NWE) by 4.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 28,915 shares of the company’s stock after purchasing an additional 1,100 shares during the period. Naples Global Advisors LLC’s holdings in NorthWestern Energy Group were worth $1,483,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NWE. Nuveen LLC purchased a new stake in NorthWestern Energy Group in the first quarter worth $53,538,000. Jane Street Group LLC lifted its stake in NorthWestern Energy Group by 1,549.9% in the first quarter. Jane Street Group LLC now owns 243,070 shares of the company’s stock worth $14,066,000 after acquiring an additional 228,338 shares during the period. Jupiter Asset Management Ltd. purchased a new stake in NorthWestern Energy Group in the first quarter worth $9,899,000. AQR Capital Management LLC lifted its stake in NorthWestern Energy Group by 38.9% in the first quarter. AQR Capital Management LLC now owns 583,063 shares of the company’s stock worth $33,482,000 after acquiring an additional 163,147 shares during the period. Finally, GAMMA Investing LLC lifted its stake in NorthWestern Energy Group by 7,288.9% in the first quarter. GAMMA Investing LLC now owns 132,927 shares of the company’s stock worth $7,692,000 after acquiring an additional 131,128 shares during the period. Hedge funds and other institutional investors own 96.07% of the company’s stock.

NorthWestern Energy Group Stock Performance

Shares of NWE stock opened at $57.03 on Friday. The stock has a fifty day moving average of $56.29 and a 200 day moving average of $55.30. NorthWestern Energy Group, Inc. has a 52 week low of $50.43 and a 52 week high of $59.89. The firm has a market capitalization of $3.50 billion, a price-to-earnings ratio of 15.62, a PEG ratio of 2.40 and a beta of 0.40. 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 (NYSE:NWE) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.38 by $0.02. NorthWestern Energy Group had a return on equity of 7.40% and a net margin of 14.81%.NorthWestern Energy Group’s revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the company earned $0.53 earnings per share. NorthWestern Energy Group has set its FY 2025 guidance at 3.530-3.650 EPS. As a group, research analysts expect that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current year.

NorthWestern Energy Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a dividend of $0.66 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $2.64 annualized dividend and a yield of 4.6%. NorthWestern Energy Group’s dividend payout ratio (DPR) is currently 71.93%.

NorthWestern Energy Group Profile

NorthWestern Energy Group, Inc provides electricity and natural gas to residential, commercial, and various industrial customers. It generates, purchases, transmits, and distributes electricity; and produces, purchases, stores, transmits, and distributes natural gas, as well as owns municipal franchises to provide natural gas service in the communities.