NorthWestern Energy (NWE)

• Market cap: $3.35B
• 1 day: 0.22%
• 5 days: -3.99%
• 1 month: 3.78%
• 3 months: 1.00%
• 6 months: 5.31%
• Year to date: 6.67%
• 1 year: 6.33%
• 5 years: -23.05%
• 10 years: 1.87%
• Sector: Utilities
• Industry: Electric & Other Services Combined

About: NorthWestern Energy Group Inc provides electricity and natural gas services in the Upper Midwest and Northwest of the U.S. in the states of Montana, South Dakota, Nebraska, and Yellowstone National Park. The company's primary segments include Electric utility operations, which include the generation, purchase, transmission, and distribution of electricity, and Natural Gas utility operations, which include the production, purchase, transmission, storage, and distribution of natural gas. The company uses thermal, wind, hydro, or renewable energy in varying quantities, depending on the location of the facilities, to generate power. The company derives the majority of revenue from Electric utility operations segment.

Employees: 1,573

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,085% more call options, than puts

Call options by funds: $1.35M | Put options by funds: $114K

24% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 38

12% more capital invested

Capital invested by funds: $2.97B [Q2] → $3.32B (+$353M) [Q3]

3% more funds holding

Funds holding: 294 [Q2] → 303 (+9) [Q3]

2% more repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 109

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

1.93% less ownership

Funds ownership: 96.66% [Q2] → 94.73% (-1.93%) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $56 3% upside
• Avg. target: $61 11% upside
• High target: $65 19% upside

4 analyst ratings

• positive: 2 50%
• neutral: 2 50%
• negative: 0 0%

JP Morgan Jeremy Tonet 83% 1-year accuracy 20 / 24 met price target	10% upside $60	Neutral Maintained	21 Oct 2024
Wells Fargo Jonathan Reeder 80% 1-year accuracy 4 / 5 met price target	12% upside $61	Overweight Maintained	16 Oct 2024
Mizuho Anthony Crowdell 73% 1-year accuracy 16 / 22 met price target	3% upside $56	Neutral Maintained	9 Oct 2024
B of A Securities Ross Fowler 69% 1-year accuracy 9 / 13 met price target	19% upside $65	Buy Reinstated	12 Sept 2024