MDU Resources Group, Inc. $MDU Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC boosted its holdings in MDU Resources Group, Inc. (NYSE:MDU) by 8.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,126,669 shares of the utilities provider’s stock after purchasing an additional 89,673 shares during the quarter. Natixis Advisors LLC’s holdings in MDU Resources Group were worth $21,993,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. GoalVest Advisory LLC acquired a new position in MDU Resources Group in the fourth quarter valued at $26,000. Geneos Wealth Management Inc. increased 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 purchasing an additional 800 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its stake in MDU Resources Group by 6,404.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,496 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 1,473 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new position in MDU Resources Group in the fourth quarter valued at $27,000. Finally, Global Retirement Partners LLC increased its stake in MDU Resources Group by 13,185.7% in the fourth quarter. Global Retirement Partners LLC now owns 1,860 shares of the utilities provider’s stock valued at $36,000 after purchasing an additional 1,846 shares during the last quarter. 71.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently commented on MDU. JPMorgan Chase & Co. began coverage on MDU Resources Group in a research note on Thursday, April 16th. They issued a “neutral” rating and a $22.00 target price for the company. Loop Capital set a $21.00 target price on MDU Resources Group in a research note on Tuesday, February 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of MDU Resources Group in a research note on Friday, April 10th. Finally, TD Cowen upped their target price on MDU Resources Group to $22.00 and gave the company a “hold” rating in a research note on Friday, May 15th. One analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $21.75.

MDU Resources Group Stock Performance

Shares of NYSE:MDU opened at $21.37 on Friday. The firm has a market capitalization of $4.37 billion, a PE ratio of 23.22, a P/E/G ratio of 3.92 and a beta of 0.66. The company has a debt-to-equity ratio of 0.82, a current ratio of 0.78 and a quick ratio of 0.75. The business has a 50-day moving average of $21.79 and a two-hundred day moving average of $20.82. MDU Resources Group, Inc. has a 12 month low of $15.76 and a 12 month high of $22.98.

MDU Resources Group (NYSE:MDU) last announced its quarterly earnings results on Thursday, May 7th. The utilities provider reported $0.39 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.03). The firm had revenue of $605.98 million for the quarter, compared to analyst estimates of $688.34 million. MDU Resources Group had a return on equity of 6.82% and a net margin of 10.47%.The business’s revenue was down 10.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.40 earnings per share. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. As a group, research analysts forecast that MDU Resources Group, Inc. will post 0.98 earnings per share for the current year.

MDU Resources Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Thursday, June 11th will be paid a dividend of $0.14 per share. The ex-dividend date is Thursday, June 11th. This represents a $0.56 annualized dividend and a yield of 2.6%. MDU Resources Group’s dividend payout ratio is currently 60.87%.

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.