Perpetual Ltd Invests $22.03 Million in MDU Resources Group, Inc. $MDU

Perpetual Ltd acquired a new stake in MDU Resources Group, Inc. (NYSE:MDU) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,128,612 shares of the utilities provider’s stock, valued at approximately $22,031,000. Perpetual Ltd owned 0.55% of MDU Resources Group at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of MDU. Wealth Enhancement Advisory Services LLC lifted 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 purchasing an additional 540 shares during the period. GAMMA Investing LLC grew its stake in shares of 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 purchasing an additional 556 shares during the period. Koshinski Asset Management Inc. grew its stake in shares of 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 purchasing an additional 560 shares during the period. Hantz Financial Services Inc. raised its holdings in shares of 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 worth $39,000 after buying an additional 663 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its holdings in shares of MDU Resources Group by 2.8% in the 3rd quarter. Arkadios Wealth Advisors now owns 26,280 shares of the utilities provider’s stock worth $468,000 after buying an additional 724 shares in the last quarter. Institutional investors own 71.44% of the company’s stock.

Insider Activity at MDU Resources Group

In other MDU Resources Group news, Director Charles M. Kelley bought 5,000 shares of the stock in a transaction dated Friday, February 13th. The stock was bought at an average cost of $20.84 per share, for a total transaction of $104,200.00. Following the completion of the purchase, the director owned 8,031 shares in the company, valued at $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 this hyperlink. Insiders own 0.94% of the company’s stock.

MDU Resources Group Stock Performance

NYSE MDU opened at $21.30 on Friday. The firm has a market cap of $4.36 billion, a price-to-earnings ratio of 22.90, a PEG ratio of 3.67 and a beta of 0.70. The company has a 50 day moving average of $20.61 and a 200-day moving average of $19.87. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 0.91. MDU Resources Group, Inc. has a 1-year low of $15.04 and a 1-year high of $21.49.

MDU Resources Group (NYSE:MDU) last announced its earnings results on Thursday, February 5th. The utilities provider reported $0.37 EPS for the quarter, hitting the consensus estimate of $0.37. The business had revenue of $534.00 million for the quarter, compared to the consensus estimate of $560.72 million. MDU Resources Group had a return on equity of 6.98% and a net margin of 10.15%.MDU Resources Group’s revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.90 EPS. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. On average, equities analysts forecast that MDU Resources Group, Inc. will post 0.94 earnings per share for the current fiscal year.

MDU Resources Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Thursday, March 12th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Thursday, March 12th. MDU Resources Group’s dividend payout ratio is presently 60.22%.

Analyst Ratings Changes

MDU has been the topic of several recent analyst reports. Citigroup reaffirmed a “neutral” rating on shares of MDU Resources Group in a research note on Thursday, January 15th. Weiss Ratings reiterated a “hold (c-)” rating on shares of MDU Resources Group in a research note on Monday, December 29th. Finally, Loop Capital set a $21.00 price objective on MDU Resources Group in a report on Tuesday, February 24th. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock 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.