Vanguard Personalized Indexing Management LLC Purchases 1,548 Shares of National Fuel Gas Company $NFG

Vanguard Personalized Indexing Management LLC boosted its position in shares of National Fuel Gas Company (NYSE:NFG) by 10.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 16,638 shares of the oil and gas producer’s stock after purchasing an additional 1,548 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in National Fuel Gas were worth $1,409,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. OneDigital Investment Advisors LLC bought a new stake in National Fuel Gas during the 1st quarter worth about $203,000. Cambridge Investment Research Advisors Inc. raised its holdings in National Fuel Gas by 5.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 13,184 shares of the oil and gas producer’s stock worth $1,044,000 after purchasing an additional 712 shares during the last quarter. KBC Group NV raised its holdings in National Fuel Gas by 18.5% during the 1st quarter. KBC Group NV now owns 3,908 shares of the oil and gas producer’s stock worth $309,000 after purchasing an additional 609 shares during the last quarter. Greenleaf Trust bought a new stake in National Fuel Gas during the 1st quarter worth about $259,000. Finally, Picton Mahoney Asset Management raised its holdings in National Fuel Gas by 29,652.6% during the 1st quarter. Picton Mahoney Asset Management now owns 5,653 shares of the oil and gas producer’s stock worth $448,000 after purchasing an additional 5,634 shares during the last quarter. 73.96% of the stock is owned by institutional investors.

National Fuel Gas Price Performance

NYSE NFG opened at $85.69 on Friday. The business has a 50 day simple moving average of $87.73 and a 200 day simple moving average of $84.16. National Fuel Gas Company has a 52-week low of $58.82 and a 52-week high of $94.13. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.39 and a current ratio of 0.46. The stock has a market cap of $7.74 billion, a price-to-earnings ratio of 32.22, a PEG ratio of 0.43 and a beta of 0.58.

National Fuel Gas (NYSE:NFG) last released its quarterly earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 earnings per share for the quarter, topping analysts’ consensus estimates of $1.50 by $0.14. National Fuel Gas had a return on equity of 20.81% and a net margin of 11.15%.The firm had revenue of $531.83 million during the quarter, compared to the consensus estimate of $596.12 million. During the same quarter in the prior year, the firm posted $0.99 EPS. The business’s revenue was up 27.4% on a year-over-year basis. National Fuel Gas has set its FY 2026 guidance at 8.000-8.500 EPS. FY 2025 guidance at 6.800-6.950 EPS. Analysts anticipate that National Fuel Gas Company will post 6.64 earnings per share for the current fiscal year.

National Fuel Gas Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a dividend of $0.535 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $2.14 dividend on an annualized basis and a yield of 2.5%. National Fuel Gas’s dividend payout ratio is 80.45%.

Analysts Set New Price Targets

A number of brokerages have recently commented on NFG. Zacks Research cut National Fuel Gas from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 18th. Wall Street Zen cut National Fuel Gas from a “buy” rating to a “hold” rating in a research note on Sunday, August 10th. Scotiabank cut National Fuel Gas from an “outperform” rating to a “sector perform” rating and upped their price target for the company from $102.00 to $106.00 in a research note on Thursday, October 9th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of National Fuel Gas in a research note on Tuesday. Finally, Bank of America raised National Fuel Gas from an “underperform” rating to a “buy” rating and upped their price target for the company from $85.00 to $107.00 in a research note on Tuesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $98.00.

National Fuel Gas Company Profile

National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil. The Pipeline and Storage segment provides interstate natural gas transportation services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields.