NorthWestern (NASDAQ:NWE – Get Free Report) was upgraded by equities research analysts at LADENBURG THALM/SH SH from a “neutral” rating to a “buy” rating in a research note issued on Wednesday,Finviz reports. The firm currently has a $75.50 price objective on the stock. LADENBURG THALM/SH SH’s price target indicates a potential upside of 13.11% from the stock’s current price.
Several other equities research analysts have also weighed in on NWE. JPMorgan Chase & Co. increased their target price on NorthWestern from $60.00 to $61.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Barclays boosted their target price on NorthWestern from $61.00 to $62.00 and gave the stock an “overweight” rating in a report on Thursday, January 22nd. BMO Capital Markets raised their price objective 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. Weiss Ratings reaffirmed a “buy (b)” rating on shares of NorthWestern in a research report on Monday, December 29th. Finally, Wells Fargo & Company reduced their price target on shares of NorthWestern from $53.00 to $52.00 and set an “underweight” rating for the company in a research report on Friday, February 13th. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $64.10.
View Our Latest Analysis on NWE
NorthWestern Trading Up 1.2%
NorthWestern (NASDAQ:NWE – Get Free Report) last released 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%.NorthWestern’s revenue was up 10.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.13 earnings per share. NorthWestern has set its FY 2026 guidance at 3.680-3.830 EPS.
Institutional Trading of NorthWestern
Several large investors have recently added to or reduced their stakes in the business. Kintayl Capital LP bought a new position in shares of NorthWestern during the 3rd quarter valued at $7,619,000. Pacer Advisors Inc. bought a new stake in NorthWestern in the third quarter worth $1,100,000. New York Life Investment Management LLC acquired a new position in NorthWestern during the third quarter worth $7,565,000. Systematic Financial Management LP raised its holdings in NorthWestern by 2.7% during the second quarter. Systematic Financial Management LP now owns 1,145,309 shares of the company’s stock valued at $58,754,000 after buying an additional 30,471 shares in the last quarter. Finally, Strs Ohio raised its holdings in NorthWestern by 402.7% during the third quarter. Strs Ohio now owns 18,600 shares of the company’s stock valued at $1,090,000 after buying an additional 14,900 shares in the last quarter. 96.07% of the stock is owned by institutional investors.
NorthWestern Company Profile
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.
Recommended Stories
Receive News & Ratings for NorthWestern Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NorthWestern and related companies with MarketBeat.com's FREE daily email newsletter.
