Key Points
- Charles Kelley, an MDU director, bought 5,000 shares at $20.84 on Feb. 13, raising his direct holdings to 8,031 shares (a 164.96% increase); the purchase was disclosed in an SEC filing.
- MDU's latest quarter showed EPS of $0.37 (in line with estimates) but revenue of $534 million missed the $560.7 million consensus; the company set FY2026 guidance of $0.93–$1.00 EPS and analysts have a consensus "Hold" rating with an average target of $21 while the stock trades around $20.
MDU Resources Group, Inc. (NYSE:MDU - Get Free Report) Director Charles Kelley acquired 5,000 shares of the business's stock in a transaction that occurred on Friday, February 13th. The stock was purchased at an average cost of $20.84 per share, with a total value of $104,200.00. Following the acquisition, the director directly owned 8,031 shares of the company's stock, valued at $167,366.04. This trade represents a 164.96% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.
MDU Resources Group Stock Down 2.6%
MDU Resources Group stock opened at $20.25 on Wednesday. MDU Resources Group, Inc. has a one year low of $15.04 and a one year high of $21.49. The stock has a fifty day moving average of $20.11 and a 200 day moving average of $18.95. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.69 and a current ratio of 0.75. The stock has a market cap of $4.14 billion, a PE ratio of 21.78, a price-to-earnings-growth ratio of 3.58 and a beta of 0.75.
MDU Resources Group (NYSE:MDU - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.37. MDU Resources Group had a return on equity of 7.00% and a net margin of 10.15%.The business had revenue of $534.00 million during the quarter, compared to the consensus estimate of $560.72 million. During the same period in the previous year, the company posted $0.90 EPS. The business's quarterly revenue was down .3% compared to the same quarter last year. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. As a group, sell-side analysts predict that MDU Resources Group, Inc. will post 0.94 EPS for the current year.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on the stock. Citigroup reiterated a "neutral" rating on shares of MDU Resources Group in a research report on Thursday, January 15th. Jefferies Financial Group boosted their price objective on shares of MDU Resources Group to $22.00 and gave the company a "buy" rating in a research report on Wednesday, October 22nd. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of MDU Resources Group in a report on Monday, December 29th. Finally, Zacks Research upgraded MDU Resources Group from a "strong sell" rating to a "hold" rating in a research report on Thursday, December 4th. One investment analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $21.00.
Check Out Our Latest Stock Analysis on MDU
Institutional Trading of MDU Resources Group
A number of hedge funds and other institutional investors have recently modified their holdings of MDU. Vanguard Group Inc. raised its position in shares of MDU Resources Group by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 23,828,483 shares of the utilities provider's stock valued at $465,132,000 after purchasing an additional 571,015 shares during the period. Barrow Hanley Mewhinney & Strauss LLC increased its stake in MDU Resources Group by 41.3% in the 4th quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 12,894,945 shares of the utilities provider's stock worth $251,709,000 after buying an additional 3,766,737 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in MDU Resources Group by 2.7% during the fourth quarter. Dimensional Fund Advisors LP now owns 10,031,797 shares of the utilities provider's stock valued at $195,824,000 after acquiring an additional 267,700 shares during the period. Earnest Partners LLC raised its holdings in MDU Resources Group by 678.2% during the fourth quarter. Earnest Partners LLC now owns 9,946,196 shares of the utilities provider's stock valued at $194,150,000 after acquiring an additional 8,668,137 shares during the period. Finally, State Street Corp lifted its position in shares of MDU Resources Group by 4.1% in the fourth quarter. State Street Corp now owns 7,121,385 shares of the utilities provider's stock valued at $139,991,000 after acquiring an additional 281,025 shares in the last quarter. 71.44% of the stock is owned by hedge funds and other institutional investors.
MDU Resources Group Company Profile
(
Get Free Report)
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.
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