Vanguard Group Inc. Sells 67,671 Shares of National Fuel Gas Company $NFG

Vanguard Group Inc. lessened its stake in National Fuel Gas Company (NYSE:NFG) by 0.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 12,231,072 shares of the oil and gas producer’s stock after selling 67,671 shares during the quarter. Vanguard Group Inc. owned approximately 0.14% of National Fuel Gas worth $1,129,784,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of NFG. Fox Run Management L.L.C. raised its holdings in National Fuel Gas by 80.0% in the second quarter. Fox Run Management L.L.C. now owns 15,291 shares of the oil and gas producer’s stock worth $1,295,000 after buying an additional 6,796 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in shares of National Fuel Gas during the third quarter valued at approximately $5,228,000. Nordea Investment Management AB increased its position in shares of National Fuel Gas by 15.2% during the third quarter. Nordea Investment Management AB now owns 103,374 shares of the oil and gas producer’s stock valued at $9,541,000 after acquiring an additional 13,620 shares in the last quarter. Orion Porfolio Solutions LLC raised its holdings in National Fuel Gas by 152.2% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 34,345 shares of the oil and gas producer’s stock worth $2,909,000 after acquiring an additional 20,726 shares during the last quarter. Finally, Great Lakes Advisors LLC lifted its position in National Fuel Gas by 26.6% in the 3rd quarter. Great Lakes Advisors LLC now owns 127,075 shares of the oil and gas producer’s stock valued at $11,738,000 after acquiring an additional 26,737 shares in the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

National Fuel Gas Trading Up 1.2%

NYSE:NFG opened at $88.97 on Friday. The company has a market cap of $8.45 billion, a PE ratio of 12.41, a price-to-earnings-growth ratio of 1.15 and a beta of 0.60. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.58. The company has a 50 day simple moving average of $82.63 and a two-hundred day simple moving average of $84.06. National Fuel Gas Company has a 12 month low of $69.93 and a 12 month high of $94.13.

National Fuel Gas (NYSE:NFG) last released its quarterly earnings results on Wednesday, January 28th. The oil and gas producer reported $2.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.91 by $0.15. National Fuel Gas had a return on equity of 21.45% and a net margin of 27.65%.The firm had revenue of $651.51 million for the quarter, compared to the consensus estimate of $650.70 million. During the same period last year, the business posted $1.66 EPS. The company’s revenue for the quarter was up 18.6% on a year-over-year basis. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. Research analysts forecast that National Fuel Gas Company will post 6.64 earnings per share for the current year.

National Fuel Gas Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.535 per share. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Wednesday, December 31st. National Fuel Gas’s payout ratio is currently 29.85%.

Analysts Set New Price Targets

A number of research firms have commented on NFG. Scotiabank set a $101.00 target price on National Fuel Gas in a report on Wednesday, January 21st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of National Fuel Gas in a research report on Monday, December 29th. Finally, Zacks Research downgraded National Fuel Gas from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, National Fuel Gas has a consensus rating of “Hold” and a consensus price target of $96.33.

National Fuel Gas Profile

National Fuel Gas Company (NYSE: NFG) is a diversified energy company engaged primarily in the production, gathering, transmission, distribution and marketing of natural gas. The company operates through four principal segments: Exploration & Production, Pipeline & Storage, Utilities, and Energy Marketing. Its integrated asset base spans upstream development in the Appalachian Basin, regional pipeline networks, underground storage facilities, and regulated utility distribution systems.

In its Exploration & Production segment, National Fuel Gas focuses on developing natural gas reserves in the Marcellus and Utica shales, leveraging modern drilling and completion techniques.