WINTON GROUP Ltd Cuts Holdings in MDU Resources Group, Inc. $MDU

WINTON GROUP Ltd trimmed its position in MDU Resources Group, Inc. (NYSE:MDU) by 41.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 37,805 shares of the utilities provider’s stock after selling 27,207 shares during the period. WINTON GROUP Ltd’s holdings in MDU Resources Group were worth $673,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of MDU. Salomon & Ludwin LLC purchased a new position in shares of MDU Resources Group in the 3rd quarter worth approximately $25,000. Geneos Wealth Management Inc. increased its position in shares of MDU Resources Group by 94.5% during 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 purchased a new stake in shares of MDU Resources Group during the second quarter valued at approximately $33,000. GAMMA Investing LLC lifted its holdings in MDU Resources Group by 61.3% during the third quarter. GAMMA Investing LLC now owns 2,192 shares of the utilities provider’s stock worth $39,000 after acquiring an additional 833 shares during the period. Finally, Hantz Financial Services Inc. lifted its holdings in 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 worth $39,000 after acquiring an additional 663 shares during the period. Institutional investors own 71.44% of the company’s stock.

Insider Activity at MDU Resources Group

In related news, Director Charles M. Kelley purchased 5,000 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was purchased at an average cost of $20.84 per share, with a total value of $104,200.00. Following the completion of the acquisition, the director directly owned 8,031 shares of the company’s stock, valued at approximately $167,366.04. The trade was a 164.96% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.94% of the company’s stock.

MDU Resources Group Stock Performance

Shares of NYSE MDU traded up $0.21 during trading on Friday, reaching $21.11. 144,145 shares of the stock traded hands, compared to its average volume of 1,945,461. 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 $4.31 billion, a P/E ratio of 22.69, a price-to-earnings-growth ratio of 3.61 and a beta of 0.75. MDU Resources Group, Inc. has a 52-week low of $15.04 and a 52-week high of $21.49. The company has a 50-day moving average of $20.50 and a 200-day moving average of $19.39.

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

MDU Resources Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Thursday, March 12th will be given a $0.14 dividend. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $0.56 annualized dividend and a dividend yield of 2.7%. MDU Resources Group’s payout ratio is 60.22%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on MDU shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of MDU Resources Group in a research note on Monday, December 29th. Zacks Research upgraded shares of MDU Resources Group from a “strong sell” rating to a “hold” rating in a report on Thursday, December 4th. Citigroup reaffirmed a “neutral” rating on shares of MDU Resources Group in a research report on Thursday, January 15th. Finally, Loop Capital set a $21.00 target price on shares of MDU Resources Group in a research note on Tuesday, February 24th. One investment analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target 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.