MDU Resources Group, Inc. (NYSE:MDU – Get Free Report) has been assigned a consensus recommendation of “Hold” from the five analysts that are covering the stock, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $21.00.
Several research firms have recently weighed in on MDU. Zacks Research upgraded shares of MDU Resources Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, December 4th. Loop Capital set a $21.00 target price on shares of MDU Resources Group in a research note on Tuesday, February 24th. Weiss Ratings restated 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 report on Thursday, January 15th.
MDU Resources Group Trading Down 3.7%
MDU Resources Group (NYSE:MDU – Get Free Report) last released its earnings results on Thursday, February 5th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.37. MDU Resources Group had a return on equity of 6.98% and a net margin of 10.15%.The firm had revenue of $534.00 million for the quarter, compared to analyst estimates of $560.72 million. During the same period in the previous year, the company earned $0.90 earnings per share. MDU Resources Group’s revenue 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. On average, equities analysts forecast that MDU Resources Group will post 0.94 EPS for the current fiscal year.
MDU Resources Group Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders 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 annualized dividend and a dividend yield of 2.9%. MDU Resources Group’s dividend payout ratio (DPR) is currently 60.22%.
Insider Activity
In related news, Director Charles M. Kelley bought 5,000 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were bought at an average cost of $20.84 per share, with a total value of $104,200.00. Following the completion of the transaction, the director directly owned 8,031 shares of the company’s stock, valued at approximately $167,366.04. This trade represents a 164.96% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.94% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the business. Smith Moore & CO. raised its stake in shares of MDU Resources Group by 4.3% in the fourth quarter. Smith Moore & CO. now owns 12,855 shares of the utilities provider’s stock valued at $251,000 after purchasing an additional 535 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in MDU Resources Group by 2.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 22,414 shares of the utilities provider’s stock worth $408,000 after buying an additional 540 shares in the last quarter. GAMMA Investing LLC increased its holdings in MDU Resources Group by 25.4% in the 4th quarter. GAMMA Investing LLC now owns 2,748 shares of the utilities provider’s stock valued at $54,000 after buying an additional 556 shares during the period. Koshinski Asset Management Inc. increased its holdings in MDU Resources Group by 5.3% in the 3rd quarter. Koshinski Asset Management Inc. now owns 11,098 shares of the utilities provider’s stock valued at $198,000 after buying an additional 560 shares during the period. Finally, Arkadios Wealth Advisors raised its stake in shares of MDU Resources Group by 2.2% in the 4th quarter. Arkadios Wealth Advisors now owns 26,867 shares of the utilities provider’s stock valued at $524,000 after buying an additional 587 shares in the last quarter. 71.44% of the stock is owned by institutional investors and hedge funds.
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.
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