WINTON GROUP Ltd Sells 27,207 Shares of MDU Resources Group, Inc. $MDU

WINTON GROUP Ltd trimmed its position in MDU Resources Group, Inc. (NYSE:MDU) by 41.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,805 shares of the utilities provider’s stock after selling 27,207 shares during the quarter. WINTON GROUP Ltd’s holdings in MDU Resources Group were worth $673,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Salomon & Ludwin LLC purchased a new position in MDU Resources Group during the third quarter valued at approximately $25,000. Geneos Wealth Management Inc. increased its holdings in MDU Resources Group by 94.5% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,647 shares of the utilities provider’s stock worth $27,000 after acquiring an additional 800 shares during the period. Country Trust Bank purchased a new stake in MDU Resources Group in the 2nd quarter worth approximately $33,000. GAMMA Investing LLC boosted its holdings in MDU Resources Group by 61.3% in the 3rd quarter. GAMMA Investing LLC now owns 2,192 shares of the utilities provider’s stock valued at $39,000 after purchasing an additional 833 shares during the period. Finally, Hantz Financial Services Inc. boosted its holdings in MDU Resources Group by 42.8% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,211 shares of the utilities provider’s stock valued at $39,000 after purchasing an additional 663 shares during the period. 71.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling at MDU Resources Group

In other news, Director Charles M. Kelley acquired 5,000 shares of the firm’s stock in a transaction that occurred on 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 acquisition, the director owned 8,031 shares in the company, valued at approximately $167,366.04. This represents a 164.96% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.94% of the company’s stock.

MDU Resources Group Price Performance

Shares of NYSE MDU traded up $0.21 during mid-day trading on Friday, reaching $21.11. 144,145 shares of the company were exchanged, compared to its average volume of 1,945,461. MDU Resources Group, Inc. has a 52 week low of $15.04 and a 52 week high of $21.49. The company’s 50 day moving average price is $20.50 and its 200 day moving average price is $19.39. The stock has a market capitalization of $4.31 billion, a PE ratio of 22.69, a PEG ratio of 3.61 and a beta of 0.75. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 0.91.

MDU Resources Group (NYSE:MDU) last released its earnings results on Thursday, February 5th. The utilities provider reported $0.37 EPS for the quarter, meeting 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 business had revenue of $534.00 million for the quarter, compared to analysts’ expectations of $560.72 million. During the same quarter in the prior year, the firm earned $0.90 earnings per share. The firm’s revenue was down .3% on a year-over-year basis. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. Sell-side analysts forecast that MDU Resources Group, Inc. will post 0.94 earnings per share for the current fiscal year.

MDU Resources Group Announces Dividend

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

Wall Street Analysts Forecast Growth

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

MDU Resources Group Company 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.