Quantbot Technologies LP lifted its holdings in National Fuel Gas Company (NYSE:NFG – Free Report) by 747.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,544 shares of the oil and gas producer’s stock after buying an additional 11,945 shares during the quarter. Quantbot Technologies LP’s holdings in National Fuel Gas were worth $1,251,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. State Street Corp increased its position in National Fuel Gas by 3.4% in the 2nd quarter. State Street Corp now owns 4,035,345 shares of the oil and gas producer’s stock valued at $343,962,000 after acquiring an additional 132,855 shares in the last quarter. Energy Income Partners LLC grew its stake in shares of National Fuel Gas by 2.1% during the second quarter. Energy Income Partners LLC now owns 2,295,208 shares of the oil and gas producer’s stock valued at $194,427,000 after purchasing an additional 46,616 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of National Fuel Gas by 0.3% in the second quarter. Geode Capital Management LLC now owns 1,693,980 shares of the oil and gas producer’s stock valued at $143,531,000 after purchasing an additional 4,995 shares in the last quarter. Gamco Investors INC. ET AL raised its position in National Fuel Gas by 1.0% in the 2nd quarter. Gamco Investors INC. ET AL now owns 1,510,907 shares of the oil and gas producer’s stock worth $127,989,000 after purchasing an additional 15,040 shares during the last quarter. Finally, Norges Bank bought a new position in National Fuel Gas in the 2nd quarter worth approximately $91,964,000. Institutional investors and hedge funds own 73.96% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have commented on NFG. Zacks Research lowered National Fuel Gas from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 21st. Scotiabank set a $101.00 price target on National Fuel Gas in a report on Wednesday, January 21st. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of National Fuel Gas in a research report on Monday, December 29th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, National Fuel Gas has a consensus rating of “Hold” and a consensus price target of $96.33.
National Fuel Gas Stock Performance
NFG stock opened at $92.92 on Friday. National Fuel Gas Company has a twelve month low of $69.93 and a twelve month high of $94.13. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.58. The company has a market cap of $8.83 billion, a P/E ratio of 12.96, a price-to-earnings-growth ratio of 1.20 and a beta of 0.57. The business’s fifty day moving average is $84.21 and its 200-day moving average is $84.28.
National Fuel Gas (NYSE:NFG – Get Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The oil and gas producer reported $2.06 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.15. The business had revenue of $651.51 million during the quarter, compared to analysts’ expectations of $650.70 million. National Fuel Gas had a return on equity of 21.45% and a net margin of 27.65%.The firm’s quarterly revenue was up 18.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.66 earnings per share. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. Equities research analysts forecast that National Fuel Gas Company will post 6.64 EPS for the current year.
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.
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