Hennion & Walsh Asset Management Inc. Has $977,000 Stock Holdings in NorthWestern Corporation $NWE

Hennion & Walsh Asset Management Inc. lifted its position in NorthWestern Corporation (NASDAQ:NWE) by 183.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of NWE. Norges Bank bought a new position in NorthWestern in the 2nd quarter worth $39,428,000. Bank of America Corp DE boosted its holdings in NorthWestern by 65.6% during the second quarter. Bank of America Corp DE now owns 1,222,376 shares of the company’s stock valued at $62,708,000 after acquiring an additional 484,266 shares during the period. AQR Capital Management LLC boosted its holdings in NorthWestern by 69.7% during the third quarter. AQR Capital Management LLC now owns 1,147,269 shares of the company’s stock valued at $67,241,000 after acquiring an additional 471,125 shares during the period. Boston Partners grew its position in shares of NorthWestern by 595.7% in the third quarter. Boston Partners now owns 525,581 shares of the company’s stock valued at $30,805,000 after purchasing an additional 450,039 shares during the last quarter. Finally, Citigroup Inc. grew its position in shares of NorthWestern by 1,211.4% in the third 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 during the last quarter. 96.07% of the stock is owned by institutional investors.

NorthWestern Stock Up 1.8%

NWE stock opened at $67.59 on Friday. NorthWestern Corporation has a twelve month low of $50.46 and a twelve month high of $72.21. The company has a quick ratio of 0.53, a current ratio of 0.72 and a debt-to-equity ratio of 1.10. The company has a market cap of $4.16 billion, a PE ratio of 22.99, a price-to-earnings-growth ratio of 2.74 and a beta of 0.32. The business’s 50-day simple moving average is $67.98 and its 200 day simple moving average is $64.83.

NorthWestern (NASDAQ:NWE) last announced 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%.During the same period in the prior year, the company posted $1.13 earnings per share. The business’s revenue for the quarter was up 10.9% on a year-over-year basis. NorthWestern has set its FY 2026 guidance at 3.680-3.830 EPS.

NorthWestern Announces Dividend

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

Analyst Upgrades and Downgrades

NWE has been the subject of several research analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of NorthWestern in a research report on Monday, December 29th. Barclays raised their target price on NorthWestern from $61.00 to $62.00 and gave the company an “overweight” rating in a report on Thursday, January 22nd. Wells Fargo & Company cut their price target on NorthWestern from $53.00 to $52.00 and set an “underweight” rating for the company in a report on Friday, February 13th. JPMorgan Chase & Co. increased their price objective on NorthWestern from $60.00 to $61.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Finally, BMO Capital Markets raised their price objective on shares of NorthWestern from $65.00 to $70.00 and gave the stock a “market perform” rating in a research note on Friday, February 13th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, NorthWestern presently has a consensus rating of “Hold” and a consensus price target of $64.10.

NorthWestern 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.