River Road Asset Management LLC Sells 582,940 Shares of MDU Resources Group, Inc. $MDU

River Road Asset Management LLC decreased its holdings in shares of MDU Resources Group, Inc. (NYSE:MDU) by 11.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,707,042 shares of the utilities provider’s stock after selling 582,940 shares during the quarter. River Road Asset Management LLC owned 2.30% of MDU Resources Group worth $91,881,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. GoalVest Advisory LLC purchased a new stake in MDU Resources Group in the fourth quarter valued at approximately $26,000. Flagship Harbor Advisors LLC purchased a new position in MDU Resources Group in the 4th quarter worth approximately $27,000. Geneos Wealth Management Inc. grew its stake in MDU Resources Group by 94.5% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,647 shares of the utilities provider’s stock worth $27,000 after buying an additional 800 shares in the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in shares of MDU Resources Group by 6,404.3% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,496 shares of the utilities provider’s stock worth $27,000 after buying an additional 1,473 shares during the last quarter. Finally, Global Retirement Partners LLC increased its holdings in shares of MDU Resources Group by 13,185.7% in the 4th quarter. Global Retirement Partners LLC now owns 1,860 shares of the utilities provider’s stock worth $36,000 after buying an additional 1,846 shares during the last quarter. 71.44% of the stock is currently owned by institutional investors.

MDU Resources Group Stock Up 1.8%

Shares of MDU opened at $21.27 on Friday. MDU Resources Group, Inc. has a 1 year low of $15.76 and a 1 year high of $22.98. 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 stock has a 50 day simple moving average of $21.79 and a two-hundred day simple moving average of $20.83. The firm has a market cap of $4.35 billion, a P/E ratio of 23.12, a P/E/G ratio of 3.87 and a beta of 0.66.

MDU Resources Group (NYSE:MDU) last posted 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 business had revenue of $605.98 million for the quarter, compared to analysts’ expectations of $688.34 million. MDU Resources Group had a return on equity of 6.82% and a net margin of 10.47%.The company’s revenue was down 10.2% compared to the same quarter last year. During the same period last year, the business posted $0.40 earnings per share. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. On average, analysts forecast that MDU Resources Group, Inc. will post 0.98 earnings per share for the current fiscal year.

MDU Resources Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Thursday, June 11th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Thursday, June 11th. MDU Resources Group’s dividend payout ratio (DPR) is presently 60.87%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Loop Capital set a $21.00 price objective on shares of MDU Resources Group in a research report on Tuesday, February 24th. JPMorgan Chase & Co. assumed coverage on shares of MDU Resources Group in a research report on Thursday, April 16th. They issued a “neutral” rating and a $22.00 target price for the company. TD Cowen increased 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. Finally, Weiss Ratings restated a “hold (c)” rating on shares of MDU Resources Group in a research report on Friday, April 10th. One research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $21.75.

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.