Mdu Resources Group Inc (MDU) — 13F Holders Deep Dive (Q2 2026)

MDU ranks #1387 out of 37503 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

437 institutions disclose a position in MDU, but none treat it as a major bet — even HITE Hedge Asset Management LLC, its most concentrated holder, allocates just 3.6% of its own portfolio to it.

California State Teachers Retirement System has added to its MDU position for two straight quarters, increasing it by $220.3M to reach $224.1M today.

Nomura Asset Management International Inc. has trimmed its MDU position for two straight quarters, cutting it by $49.8M while still holding $8.8M.

MDU is down 0.5% today, but institutions show net buying of $310.9M this quarter — a divergence between today's price move and the underlying institutional flow.

MDU posted net income of $196.7M over the trailing twelve months, and currently trades at a P/E of 21.1.

• Profitable — net income of $196.7M over the trailing twelve months
• Revenue grew 956.7% year over year
• Net income declined year over year, from $215.5M to $196.7M
• Generated $473.4M in positive operating cash flow
• Current ratio of 0.84x — below the conventional 1.5x liquidity buffer
• Liabilities run 2.75x equity — a highly leveraged balance sheet worth noting