Northwest Natural Holding Co President & CEO Justin Palfreyman bought 1,225 shares of common stock in an open-market transaction. He paid $48.75 per share on May 7, 2026, increasing his direct ownership to 22,165 shares.
An additional 6,286 shares are held indirectly, credited to his account under the Northwest Natural Gas Company Deferred Compensation Plan for Directors and Executives.
Northwest Natural Holding Company reported first-quarter 2026 operating revenues of $490.4 million, slightly below $494.3 million a year earlier, while net income rose to $97.5 million from $87.9 million. Diluted earnings per share increased to $2.33 from $2.18 as lower gas costs and expenses supported margins.
Cash provided by operating activities was $116.1 million compared with $179.6 million, reflecting working capital swings and regulatory mechanisms. Capital expenditures grew to $113.7 million, mainly for regulated utility and water investments, and total assets reached $6.42 billion. The company also issued 441,034 shares via its at-the-market equity program for $22.2 million net.
The core NW Natural gas segment generated margin of $270.4 million versus $264.6 million, and the SiEnergy Texas gas business continued to expand, with distribution revenues of $31.7 million and margin of $18.5 million. Regulatory assets and liabilities tied to environmental costs and Washington climate compliance remain significant, highlighting ongoing decarbonization and remediation obligations within the regulated framework.
Northwest Natural Holding Company reported stronger first quarter 2026 results, with net income of $97.5 million and diluted EPS of $2.33, up from $87.9 million and $2.18 a year earlier. Adjusted EPS was also $2.33 versus $2.28 in 2025.
The company added over 26,000 gas and water utility connections over the 12 months ended March 31, 2026 for 2.8% customer growth and invested $114 million in gas and water systems to support reliability and resiliency. Management reaffirmed 2026 EPS guidance of $2.95–$3.15 and long-term EPS growth targets of 4%–6%, with potential to reach 5%–7% including the MX3 gas storage project.
Key regulatory developments include a multi-party settlement in NW Natural’s Washington general rate case providing a $20.1 million first-year revenue increase beginning August 1, 2026, and SiEnergy’s Texas general rate case filing seeking a $12.0 million revenue increase. The MX3 expansion, expected to require about $300 million of capital and be in service by the end of 2029, continues to advance. The board declared a $0.4925 quarterly dividend, implying an annual rate of $1.97 per share.
Northwest Natural Holding Co reports institutional beneficial ownership by Vanguard Capital Management. Vanguard Capital Management states beneficial ownership of 2,163,282 shares, representing 5.20% of common stock as of the reporting period. The filing shows sole voting power for 330,765 shares and sole dispositive power for 2,163,282 shares.
Vanguard Portfolio Management reports beneficial ownership of 2,644,066 shares of Northwest Natural Holding Co common stock, representing 6.36% of the class as of 03/31/2026. The filing states Vanguard has sole dispositive power over 2,644,066 shares and sole voting power for 16,026 shares.
BlackRock, Inc. filed an amended Schedule 13G disclosing beneficial ownership of 6,250,425 shares of Northwest Natural Holding Co. common stock, representing 15.0% of the class. The filing shows sole voting power of 6,188,600 shares and sole dispositive power for 6,250,425 shares. The filing is signed by Spencer Fleming on 04/24/2026.
Northwest Natural Holding Company is asking shareholders to vote at its virtual 2026 Annual Meeting on May 28, 2026. Investors will elect three Class III directors, cast an advisory vote on named executive officer pay, and ratify PricewaterhouseCoopers LLP as independent auditor for fiscal 2026.
Shareholders of record as of April 10, 2026, owning part of 42,080,010 outstanding shares, may vote online, by phone, mail, or during the webcast. The proxy details board composition, governance practices, and 2025 compensation, including earnings per share of $2.77 (adjusted $2.93) and above-target incentive payouts tied to net income, operations, and long-term performance metrics.
Northwest Natural Holding Co Amendment filed reporting that The Vanguard Group holds 0 shares (0%) of Common Stock following an internal realignment. The filing cites SEC Release No. 34-39538 and states certain Vanguard subsidiaries will report beneficial ownership separately.
The amendment is a Schedule 13G/A (Amendment No. 7) and is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026. The filing lists the issuer address as 220 Northwest 2nd Avenue, Portland, OR 97209 and Vanguard’s principal business office as 100 Vanguard Blvd., Malvern, PA 19355.
Northwest Natural Holding Co executive David A. Weber, VP of Gas Supply, reported an open-market sale of 1,700 shares of common stock on March 23, 2026 at $52.571 per share. After this direct sale, he held 149 shares directly.
The filing also shows indirect holdings. Footnotes state that 2,235.088 shares were credited to his account under Northwest Natural Gas Company's Deferred Compensation Plan for Directors and Executives and that 21,996.855 shares were held in his account under the Northwest Natural Retirement K Savings Plan as of March 25, 2026.