31,571 Shares in National Fuel Gas Company $NFG Acquired by WNY Asset Management LLC

WNY Asset Management LLC bought a new position in shares of National Fuel Gas Company (NYSE:NFG) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 31,571 shares of the oil and gas producer’s stock, valued at approximately $2,966,000.

A number of other institutional investors have also recently bought and sold shares of NFG. State Street Corp boosted its holdings in shares of National Fuel Gas by 3.4% in the second quarter. State Street Corp now owns 4,035,345 shares of the oil and gas producer’s stock valued at $343,962,000 after buying an additional 132,855 shares during the period. Energy Income Partners LLC raised its holdings in shares of National Fuel Gas by 1.1% during the first quarter. Energy Income Partners LLC now owns 2,589,824 shares of the oil and gas producer’s stock worth $243,340,000 after acquiring an additional 28,755 shares during the period. AQR Capital Management LLC raised its holdings in shares of National Fuel Gas by 103.4% during the third quarter. AQR Capital Management LLC now owns 2,138,153 shares of the oil and gas producer’s stock worth $197,501,000 after acquiring an additional 1,087,067 shares during the period. Geode Capital Management LLC lifted its position in National Fuel Gas by 7.1% in the 4th quarter. Geode Capital Management LLC now owns 1,816,217 shares of the oil and gas producer’s stock valued at $145,446,000 after acquiring an additional 121,099 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its position in National Fuel Gas by 653.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,582,782 shares of the oil and gas producer’s stock valued at $126,718,000 after acquiring an additional 1,372,742 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on NFG. KeyCorp began coverage on National Fuel Gas in a report on Tuesday, April 7th. They set an “overweight” rating and a $110.00 target price for the company. Weiss Ratings lowered National Fuel Gas from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, July 21st. Finally, Wall Street Zen lowered National Fuel Gas from a “hold” rating to a “sell” rating in a report on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $105.50.

National Fuel Gas Stock Performance

Shares of NFG stock opened at $82.23 on Friday. The company’s fifty day simple moving average is $78.77 and its 200-day simple moving average is $84.52. The company has a quick ratio of 0.55, a current ratio of 3.20 and a debt-to-equity ratio of 0.91. The firm has a market cap of $7.82 billion, a PE ratio of 11.42, a P/E/G ratio of 1.83 and a beta of 0.37. National Fuel Gas Company has a 12 month low of $75.17 and a 12 month high of $97.06.

National Fuel Gas (NYSE:NFG) last released its earnings results on Wednesday, July 29th. The oil and gas producer reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.10. National Fuel Gas had a net margin of 26.97% and a return on equity of 19.04%. The business had revenue of $537.50 million during the quarter, compared to the consensus estimate of $564.33 million. During the same quarter last year, the firm earned $1.64 earnings per share. The firm’s revenue for the quarter was up 1.1% compared to the same quarter last year. National Fuel Gas has set its FY 2026 guidance at 7.400-7.600 EPS. Equities research analysts expect that National Fuel Gas Company will post 7.5 EPS for the current fiscal year.

National Fuel Gas Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Tuesday, June 30th. This is a positive change from National Fuel Gas’s previous quarterly dividend of $0.54. National Fuel Gas’s dividend payout ratio is 30.83%.

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.