NWE

Ladenburg Thalmann Upgrades NorthWestern Energy Group (NWE)

Fintel reports that on January 15, 2025, Ladenburg Thalmann upgraded their outlook for NorthWestern Energy Group (NasdaqGS:NWE) from Neutral to Buy.

Analyst Price Forecast Suggests 12.17% Upside

As of December 24, 2024, the average one-year price target for NorthWestern Energy Group is $59.42/share. The forecasts range from a low of $51.51 to a high of $71.40. The average price target represents an increase of 12.17% from its latest reported closing price of $52.97 / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for NorthWestern Energy Group is 1,544MM, an increase of 3.18%. The projected annual non-GAAP EPS is 3.83.

What is the Fund Sentiment?

There are 725 funds or institutions reporting positions in NorthWestern Energy Group. This is an increase of 33 owner(s) or 4.77% in the last quarter. Average portfolio weight of all funds dedicated to NWE is 0.21%, an increase of 1.92%. Total shares owned by institutions increased in the last three months by 8.41% to 81,551K shares. NWE / NorthWestern Energy Group, Inc. Put/Call Ratios The put/call ratio of NWE is 0.31, indicating a bullish outlook.

What are Other Shareholders Doing?

NWE / NorthWestern Energy Group, Inc. Shares Held by Institutions

American Century Companies holds 3,867K shares representing 6.31% ownership of the company. In its prior filing, the firm reported owning 3,968K shares , representing a decrease of 2.63%. The firm increased its portfolio allocation in NWE by 5.68% over the last quarter.

ACMVX - Mid Cap Value Fund Investor Class holds 2,686K shares representing 4.38% ownership of the company. In its prior filing, the firm reported owning 2,797K shares , representing a decrease of 4.13%. The firm increased its portfolio allocation in NWE by 4.53% over the last quarter.

River Road Asset Management holds 2,235K shares representing 3.65% ownership of the company. In its prior filing, the firm reported owning 2,220K shares , representing an increase of 0.66%. The firm increased its portfolio allocation in NWE by 4.83% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,978K shares representing 3.23% ownership of the company. In its prior filing, the firm reported owning 1,975K shares , representing an increase of 0.15%. The firm increased its portfolio allocation in NWE by 7.48% over the last quarter.

IJH - iShares Core S&P Mid-Cap ETF holds 1,916K shares representing 3.13% ownership of the company. In its prior filing, the firm reported owning 1,906K shares , representing an increase of 0.52%. The firm increased its portfolio allocation in NWE by 4.90% over the last quarter.

Northwestern Background Information
(This description is provided by the company.)

NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and / or natural gas to approximately 734,800 customers in Montana, South Dakota and Nebraska. We have generated and distributed electricity in South Dakota and distributed natural gas in South Dakota and Nebraska since 1923 and have generated and distributed electricity and distributed natural gas in Montana since 2002.

Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.

Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.

Click to Learn More

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.