Northwest Natural Holdings (NWN)

• Market cap: $1.62B
• 1 day: 0.65%
• 5 days: 5.40%
• 1 month: -1.51%
• 3 months: -0.35%
• 6 months: 0.42%
• Year to date: 2.25%
• 1 year: 7.16%
• 5 years: -45.12%
• 10 years: -22.06%
• Sector: Utilities
• Industry: Natural Gas Distribution

About: Northwest Natural Holding Co is a public natural gas service supplier operating in the U.S. Pacific Northwest. Its subsidiary, NW Natural, operates through the natural gas distribution segment, which purchases and distributes natural gas through which operates in Oregon and southwest Washington. The company generates its revenue from residential, commercial, and industrial customers, the majority of which are in Oregon. Residential and commercial customers account for the vast majority of profitability.

Employees: 1,380

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

258% more call options, than puts

Call options by funds: $2.5M | Put options by funds: $698K

60% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 25

17% more capital invested

Capital invested by funds: $1.08B [Q2] → $1.26B (+$180M) [Q3]

5% more funds holding

Funds holding: 244 [Q2] → 256 (+12) [Q3]

1.22% more ownership

Funds ownership: 78.48% [Q2] → 79.7% (+1.22%) [Q3]

18% less repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 93

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $44 9% upside
• Avg. target: $44 9% upside
• High target: $44 9% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Stifel Selman Akyol 92% 1-year accuracy 24 / 26 met price target

9% upside $44

Buy Maintained

14 Nov 2024