Quantbot Technologies LP Boosts Holdings in MDU Resources Group, Inc. $MDU

Quantbot Technologies LP raised its stake in shares of MDU Resources Group, Inc. (NYSE:MDU) by 132.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 51,566 shares of the utilities provider’s stock after buying an additional 29,367 shares during the quarter. Quantbot Technologies LP’s holdings in MDU Resources Group were worth $918,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of MDU Resources Group by 2.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 22,414 shares of the utilities provider’s stock worth $408,000 after acquiring an additional 540 shares during the last quarter. Koshinski Asset Management Inc. boosted its stake in shares of MDU Resources Group by 5.3% during the third quarter. Koshinski Asset Management Inc. now owns 11,098 shares of the utilities provider’s stock valued at $198,000 after acquiring an additional 560 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in shares of MDU Resources Group by 42.8% during the third quarter. Hantz Financial Services Inc. now owns 2,211 shares of the utilities provider’s stock valued at $39,000 after acquiring an additional 663 shares during the last quarter. Arkadios Wealth Advisors increased its position in MDU Resources Group by 2.8% during the 3rd quarter. Arkadios Wealth Advisors now owns 26,280 shares of the utilities provider’s stock worth $468,000 after purchasing an additional 724 shares in the last quarter. Finally, Boothbay Fund Management LLC raised its stake in MDU Resources Group by 6.5% in the 2nd quarter. Boothbay Fund Management LLC now owns 12,235 shares of the utilities provider’s stock valued at $204,000 after purchasing an additional 742 shares during the last quarter. Hedge funds and other institutional investors own 71.44% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. 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. Weiss Ratings restated a “hold (c-)” rating on shares of MDU Resources Group in a research report on Monday, December 29th. Citigroup reiterated a “neutral” rating on shares of MDU Resources Group in a report on Thursday, January 15th. Finally, Loop Capital set a $21.00 price target on MDU Resources Group in a research note on Tuesday, February 24th. One 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 a consensus target price of $21.00.

MDU Resources Group Stock Down 1.5%

MDU opened at $20.94 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.84 and a quick ratio of 0.78. The stock has a market capitalization of $4.28 billion, a price-to-earnings ratio of 22.52, a price-to-earnings-growth ratio of 3.66 and a beta of 0.75. The business has a 50-day moving average of $20.38 and a two-hundred day moving average of $19.26. MDU Resources Group, Inc. has a 12 month low of $15.04 and a 12 month high of $21.49.

MDU Resources Group (NYSE:MDU) last posted its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.37 EPS for the quarter, meeting analysts’ consensus estimates of $0.37. The company had revenue of $534.00 million during the quarter, compared to the consensus estimate of $560.72 million. MDU Resources Group had a net margin of 10.15% and a return on equity of 6.98%. The company’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.90 EPS. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. On average, research analysts expect that MDU Resources Group, Inc. will post 0.94 earnings per share for the current year.

MDU Resources Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Thursday, March 12th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $0.56 dividend on an annualized basis and a yield of 2.7%. MDU Resources Group’s dividend payout ratio (DPR) is currently 60.22%.

Insiders Place Their Bets

In related news, Director Charles M. Kelley purchased 5,000 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were bought at an average price of $20.84 per share, for a total transaction of $104,200.00. Following the acquisition, the director directly owned 8,031 shares in the company, valued at $167,366.04. This trade represents a 164.96% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this link. 0.94% of the stock is currently owned by corporate insiders.

MDU Resources Group Profile

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.