Mark Sheptoff Financial Planning LLC Grows Position in National Fuel Gas Company $NFG

Mark Sheptoff Financial Planning LLC boosted its position in shares of National Fuel Gas Company (NYSE:NFG) by 39.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,172 shares of the oil and gas producer’s stock after purchasing an additional 1,747 shares during the period. Mark Sheptoff Financial Planning LLC’s holdings in National Fuel Gas were worth $523,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LSV Asset Management boosted its position in shares of National Fuel Gas by 29.6% during the first quarter. LSV Asset Management now owns 2,153,236 shares of the oil and gas producer’s stock valued at $170,515,000 after buying an additional 491,890 shares during the period. Gamco Investors INC. ET AL raised its holdings in shares of National Fuel Gas by 3.3% in the first quarter. Gamco Investors INC. ET AL now owns 1,495,867 shares of the oil and gas producer’s stock worth $118,458,000 after buying an additional 48,202 shares during the period. Northern Trust Corp lifted its stake in shares of National Fuel Gas by 15.3% during the 1st quarter. Northern Trust Corp now owns 1,174,783 shares of the oil and gas producer’s stock worth $93,031,000 after acquiring an additional 155,711 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in National Fuel Gas by 2.1% during the 1st quarter. Bank of New York Mellon Corp now owns 1,104,852 shares of the oil and gas producer’s stock valued at $87,493,000 after acquiring an additional 22,320 shares during the period. Finally, Invesco Ltd. boosted its holdings in National Fuel Gas by 93.7% during the 1st quarter. Invesco Ltd. now owns 951,069 shares of the oil and gas producer’s stock valued at $75,315,000 after acquiring an additional 460,100 shares during the period. 73.96% of the stock is owned by hedge funds and other institutional investors.

National Fuel Gas Stock Up 1.6%

Shares of National Fuel Gas stock opened at $79.27 on Friday. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.46 and a quick ratio of 0.39. National Fuel Gas Company has a 1 year low of $58.98 and a 1 year high of $94.13. The firm’s 50-day moving average is $85.82 and its two-hundred day moving average is $84.68. The stock has a market cap of $7.16 billion, a price-to-earnings ratio of 29.80, a PEG ratio of 0.45 and a beta of 0.57.

National Fuel Gas (NYSE:NFG) last posted its quarterly earnings results on Wednesday, November 5th. The oil and gas producer reported $1.22 EPS for the quarter, beating the consensus estimate of $1.08 by $0.14. National Fuel Gas had a net margin of 11.15% and a return on equity of 20.81%. The business had revenue of $456.41 million during the quarter, compared to analyst estimates of $534.57 million. During the same quarter in the previous year, the business posted $0.77 EPS. The company’s quarterly revenue was up 22.7% compared to the same quarter last year. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. As a group, research analysts expect that National Fuel Gas Company will post 6.64 earnings per share for the current fiscal year.

National Fuel Gas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.535 per share. The ex-dividend date was Tuesday, September 30th. This represents a $2.14 dividend on an annualized basis and a yield of 2.7%. National Fuel Gas’s dividend payout ratio is currently 37.68%.

Wall Street Analysts Forecast Growth

NFG has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of National Fuel Gas in a research note on Wednesday. Scotiabank cut shares of National Fuel Gas from an “outperform” rating to a “sector perform” rating and upped their price target for the stock from $102.00 to $106.00 in a report on Thursday, October 9th. Bank of America upgraded shares of National Fuel Gas from an “underperform” rating to a “buy” rating and lifted their price objective for the company from $85.00 to $107.00 in a report on Tuesday, July 15th. Zacks Research cut shares of National Fuel Gas from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. Finally, Wall Street Zen lowered shares of National Fuel Gas from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. One investment 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, National Fuel Gas presently has an average rating of “Moderate Buy” and a consensus price target of $98.00.

National Fuel Gas 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.