Alpine Global Management Boosts Stake in MDU Resources Group

The investment firm purchased over 124,000 shares of the utilities provider in Q3 2025.

Mar. 18, 2026 at 7:39am

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Alpine Global Management LLC acquired a new stake of 124,438 shares in MDU Resources Group, Inc. (NYSE:MDU) during the third quarter of 2025, according to a recent SEC filing. The purchase was valued at approximately $2.2 million, giving Alpine Global Management a 0.06% ownership stake in the utilities provider.

Why it matters

The investment by Alpine Global Management, a prominent institutional investor, signals confidence in MDU Resources Group's long-term prospects. As a diversified energy and services company, MDU provides essential utilities and infrastructure services across the upper Midwest and Pacific Northwest regions.

The details

According to the SEC filing, Alpine Global Management purchased the 124,438 shares of MDU Resources Group stock in the third quarter of 2025. This new stake represents about 0.06% of the company's outstanding shares. Other major investors have also been increasing their positions in MDU, including Maven Securities LTD and Captrust Financial Advisors.

  • Alpine Global Management purchased the MDU shares in Q3 2025.

The players

Alpine Global Management LLC

An institutional investment firm that purchased a new stake in MDU Resources Group.

MDU Resources Group, Inc.

A diversified energy and services holding company that provides electric and natural gas distribution services across the upper Midwest and Pacific Northwest.

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The takeaway

The investment by Alpine Global Management underscores the market's confidence in MDU Resources Group's ability to continue delivering essential utility and infrastructure services to its customers across its regional footprint.