Quantinno Capital Management LP Purchases 10,798 Shares of Northwest Natural Gas Company $NWN

Quantinno Capital Management LP lifted its holdings in Northwest Natural Gas Company (NYSE:NWN) by 34.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 41,913 shares of the utilities provider’s stock after purchasing an additional 10,798 shares during the period. Quantinno Capital Management LP’s holdings in Northwest Natural Gas were worth $2,231,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC grew its holdings in Northwest Natural Gas by 77.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 807 shares of the utilities provider’s stock valued at $32,000 after buying an additional 352 shares during the last quarter. Larson Financial Group LLC lifted its holdings in shares of Northwest Natural Gas by 104.3% during the third quarter. Larson Financial Group LLC now owns 711 shares of the utilities provider’s stock worth $32,000 after buying an additional 363 shares during the last quarter. Torren Management LLC acquired a new position in shares of Northwest Natural Gas during the fourth quarter worth approximately $41,000. Fifth Third Bancorp boosted its position in shares of Northwest Natural Gas by 375.6% in the fourth quarter. Fifth Third Bancorp now owns 1,308 shares of the utilities provider’s stock valued at $61,000 after acquiring an additional 1,033 shares during the period. Finally, Kemnay Advisory Services Inc. bought a new stake in shares of Northwest Natural Gas in the fourth quarter valued at approximately $70,000. Institutional investors and hedge funds own 75.13% of the company’s stock.

Insider Transactions at Northwest Natural Gas

In other Northwest Natural Gas news, Director David Hugo Anderson sold 1,500 shares of the firm’s stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $51.18, for a total transaction of $76,770.00. Following the completion of the transaction, the director owned 52,259 shares in the company, valued at $2,674,615.62. This trade represents a 2.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.55% of the stock is owned by company insiders.

Northwest Natural Gas Stock Down 1.8%

Shares of NWN stock opened at $49.55 on Tuesday. Northwest Natural Gas Company has a one year low of $39.98 and a one year high of $55.99. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.77 and a quick ratio of 0.55. The stock has a fifty day moving average price of $49.96 and a 200 day moving average price of $50.68. The stock has a market cap of $2.09 billion, a P/E ratio of 16.52 and a beta of 0.43.

Northwest Natural Gas (NYSE:NWN) last announced its quarterly earnings data on Wednesday, August 5th. The utilities provider reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.09. The company had revenue of $243.55 million during the quarter, compared to analysts’ expectations of $271.87 million. Northwest Natural Gas had a net margin of 9.75% and a return on equity of 8.33%. The business’s revenue was up 3.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.01 EPS. Northwest Natural Gas has set its FY 2026 guidance at 2.950-3.150 EPS. Analysts predict that Northwest Natural Gas Company will post 3.04 earnings per share for the current year.

Northwest Natural Gas Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be given a $0.4925 dividend. This represents a $1.97 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend is Friday, July 31st. Northwest Natural Gas’s dividend payout ratio is 65.67%.

Wall Street Analyst Weigh In

NWN has been the topic of several research analyst reports. Freedom Capital upgraded shares of Northwest Natural Gas from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 7th. Weiss Ratings reissued a “buy (b-)” rating on shares of Northwest Natural Gas in a report on Friday, May 29th. Wells Fargo & Company upgraded shares of Northwest Natural Gas from an “underweight” rating to an “equal weight” rating and set a $50.00 price target on the stock in a research report on Thursday, August 6th. Finally, TD Cowen assumed coverage on shares of Northwest Natural Gas in a research report on Thursday, April 16th. They issued a “hold” rating and a $58.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Northwest Natural Gas has an average rating of “Moderate Buy” and a consensus target price of $55.25.

Northwest Natural Gas Profile

Northwest Natural Gas (NYSE: NWN), commonly known as NW Natural, is a publicly traded energy utility primarily engaged in the distribution of natural gas to residential, commercial and industrial customers. Headquartered in Portland, Oregon, the company operates an extensive pipeline network spanning thousands of miles across Oregon and southwest Washington. Its core business activities include gas procurement, system operation and maintenance, safety inspections and customer service support.

Dating back to the mid-19th century, Northwest Natural traces its origins to the Portland Gas Light Company, which first illuminated Portland streets with manufactured gas in 1859.