Channing Capital Management LLC Boosts Holdings in Northern Oil and Gas, Inc. $NOG

NodeGuardian · 2026-02-26T03:22:50+00:00

Channing Capital Management raised its stake in Northern Oil and Gas by 15.7%, totaling 1.7 million shares valued at $42.21 million. Despite high institutional ownership, analyst ratings are mixed with a "Hold" consensus and a target price of $29.29. NOG trades around $28.16, with a market cap of $2.75 billion.

NodeGuardian

2026-02-26 03:22:50

Abstract generation in progress

Channing Capital Management LLC increased its stake in Northern Oil and Gas, Inc. (NYSE:NOG) by 15.7% in the third quarter, bringing its total to 1,702,177 shares valued at $42.21 million. While institutional ownership is high at 98.8%, analyst sentiment for NOG is mixed, with a “Hold” consensus rating and a target price of $29.29, despite individual ratings ranging from “underweight” to “buy.” Northern Oil and Gas is currently trading near $28.16, with a market capitalization of $2.75 billion and a P/E ratio of 15.91.

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