MDU Resources Group, Inc. $MDU Stock Holdings Lifted by Public Sector Pension Investment Board

Public Sector Pension Investment Board grew its position in MDU Resources Group, Inc. (NYSE:MDU) by 14.4% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 796,977 shares of the utilities provider’s stock after acquiring an additional 100,378 shares during the quarter. Public Sector Pension Investment Board’s holdings in MDU Resources Group were worth $14,194,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in MDU. Salomon & Ludwin LLC bought a new stake in shares of MDU Resources Group in the 3rd quarter valued at approximately $25,000. Hantz Financial Services Inc. bought a new position in MDU Resources Group during the second quarter valued at approximately $26,000. Geneos Wealth Management Inc. lifted its stake in MDU Resources Group by 94.5% in the second quarter. Geneos Wealth Management Inc. now owns 1,647 shares of the utilities provider’s stock valued at $27,000 after acquiring an additional 800 shares during the last quarter. Country Trust Bank bought a new stake in MDU Resources Group in the second quarter worth approximately $33,000. Finally, GHP Investment Advisors Inc. bought a new stake in MDU Resources Group in the second quarter worth approximately $39,000. 71.44% of the stock is currently owned by institutional investors and hedge funds.

MDU Resources Group Stock Performance

NYSE:MDU opened at $20.80 on Friday. The firm’s 50-day moving average is $20.06 and its 200-day moving average is $18.89. The company has a market cap of $4.25 billion, a price-to-earnings ratio of 22.36, a PEG ratio of 3.58 and a beta of 0.75. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.69 and a current ratio of 0.75. MDU Resources Group, Inc. has a 52-week low of $15.04 and a 52-week high of $21.49.

MDU Resources Group (NYSE:MDU) last released its earnings results on Thursday, February 5th. The utilities provider reported $0.37 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.37. MDU Resources Group had a return on equity of 7.00% and a net margin of 10.15%.The business had revenue of $534.00 million for the quarter, compared to the consensus estimate of $560.72 million. During the same period last year, the business earned $0.90 earnings per share. The firm’s revenue for the quarter was down .3% compared to the same quarter last year. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. Equities research analysts anticipate that MDU Resources Group, Inc. will post 0.94 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on MDU shares. Zacks Research raised shares of MDU Resources Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, December 4th. Jefferies Financial Group upped their target price on MDU Resources Group to $22.00 and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of MDU Resources Group in a report on Monday, December 29th. Finally, Citigroup restated a “neutral” rating on shares of MDU Resources Group in a research note on Thursday, January 15th. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $21.00.

About MDU Resources Group

MDU Resources Group, Inc is a diversified energy and services holding company headquartered in Bismarck, North Dakota. The company operates through two primary segments: Utilities and Construction Services and Pipelines & Midstream. Serving a broad geographic footprint across the upper Midwest and Pacific Northwest, MDU provides essential energy distribution and infrastructure services to residential, commercial and industrial customers.

The Utilities segment delivers electric and natural gas distribution services in Montana, North Dakota, South Dakota, Minnesota, Kansas, Wisconsin, Michigan and Washington.