Grantham Mayo Van Otterloo & Co. LLC Takes Position in NorthWestern Energy Group, Inc. $NWE

Grantham Mayo Van Otterloo & Co. LLC bought a new stake in shares of NorthWestern Energy Group, Inc. (NYSE:NWE) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 58,698 shares of the company’s stock, valued at approximately $3,440,000. Grantham Mayo Van Otterloo & Co. LLC owned approximately 0.10% of NorthWestern Energy Group 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 the business. Norges Bank purchased a new position in NorthWestern Energy Group during the 2nd quarter valued at $39,428,000. Bank of America Corp DE lifted its position in shares of NorthWestern Energy Group by 65.6% in the 2nd quarter. Bank of America Corp DE now owns 1,222,376 shares of the company’s stock worth $62,708,000 after purchasing an additional 484,266 shares during the period. Citigroup Inc. boosted its stake in shares of NorthWestern Energy Group by 1,211.4% during the 3rd quarter. Citigroup Inc. now owns 430,361 shares of the company’s stock valued at $25,223,000 after purchasing an additional 397,544 shares in the last quarter. Qube Research & Technologies Ltd boosted its stake in shares of NorthWestern Energy Group by 113.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 429,484 shares of the company’s stock valued at $22,033,000 after purchasing an additional 228,350 shares in the last quarter. Finally, New York Life Investment Management LLC purchased a new position in shares of NorthWestern Energy Group during the third quarter valued at about $7,565,000. Hedge funds and other institutional investors own 96.07% of the company’s stock.

NorthWestern Energy Group Stock Down 0.6%

Shares of NorthWestern Energy Group stock opened at $69.30 on Tuesday. NorthWestern Energy Group, Inc. has a 1 year low of $50.46 and a 1 year high of $72.21. The firm has a market cap of $4.26 billion, a price-to-earnings ratio of 18.99, a PEG ratio of 2.40 and a beta of 0.33. The company has a 50-day moving average of $68.02 and a 200 day moving average of $63.79. The company has a debt-to-equity ratio of 0.94, a current ratio of 0.52 and a quick ratio of 0.37.

NorthWestern Energy Group (NYSE:NWE) last posted its quarterly earnings data on Thursday, February 12th. The company reported $1.17 EPS for the quarter, missing the consensus estimate of $1.19 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 10.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.13 EPS. NorthWestern Energy Group has set its FY 2026 guidance at 3.680-3.830 EPS. As a group, sell-side analysts anticipate that NorthWestern Energy Group, Inc. will post 3.63 earnings per share for the current fiscal year.

NorthWestern Energy Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be given a $0.67 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.9%. This is an increase from NorthWestern Energy Group’s previous quarterly dividend of $0.66. NorthWestern Energy Group’s payout ratio is presently 91.16%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on NWE shares. Wells Fargo & Company decreased their price target on shares of NorthWestern Energy Group from $53.00 to $52.00 and set an “underweight” rating for the company in a research note on Friday, February 13th. Barclays lifted their price objective on NorthWestern Energy Group from $61.00 to $62.00 and gave the company an “overweight” rating in a research report on Thursday, January 22nd. BMO Capital Markets upped their target price on NorthWestern Energy Group from $65.00 to $70.00 and gave the stock a “market perform” rating in a report on Friday, February 13th. Finally, JPMorgan Chase & Co. increased their target price on NorthWestern Energy Group from $60.00 to $61.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $60.20.

NorthWestern Energy Group Company Profile

NorthWestern Energy Group (NYSE: NWE) is a regulated energy utility company based in Sioux Falls, South Dakota. The company delivers electricity and natural gas to residential, commercial and industrial customers across a service territory that spans Montana, South Dakota and Nebraska. Through its wholly owned subsidiary, NorthWestern Corporation, it operates a diversified portfolio of generation assets, including thermal, hydroelectric and renewable facilities, as well as an extensive network of transmission and distribution lines.

NorthWestern Energy’s primary business activities encompass the delivery, transmission and sale of electric and natural gas services.