Quantinno Capital Management LP Increases Stake in National Fuel Gas Company $NFG

Quantinno Capital Management LP boosted its stake in shares of National Fuel Gas Company (NYSE:NFG) by 61.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 153,064 shares of the oil and gas producer’s stock after purchasing an additional 58,521 shares during the period. Quantinno Capital Management LP’s holdings in National Fuel Gas were worth $14,382,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of NFG. SJS Investment Consulting Inc. lifted its stake in shares of National Fuel Gas by 458.0% during the first quarter. SJS Investment Consulting Inc. now owns 279 shares of the oil and gas producer’s stock worth $26,000 after buying an additional 229 shares during the period. Fairscale Capital LLC acquired a new position in shares of National Fuel Gas in the 4th quarter valued at $29,000. HM Payson & Co. acquired a new position in shares of National Fuel Gas in the 4th quarter valued at $29,000. Cassaday & Co Wealth Management LLC purchased a new position in National Fuel Gas in the 1st quarter worth $38,000. Finally, Bogart Wealth LLC raised its stake in National Fuel Gas by 170.2% in the 1st quarter. Bogart Wealth LLC now owns 516 shares of the oil and gas producer’s stock worth $49,000 after acquiring an additional 325 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

National Fuel Gas Stock Down 0.1%

NYSE:NFG opened at $82.23 on Monday. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.20 and a quick ratio of 3.07. The company’s fifty day moving average price is $78.77 and its 200-day moving average price is $84.56. National Fuel Gas Company has a 1-year low of $75.17 and a 1-year high of $97.06. The firm has a market capitalization of $7.81 billion, a P/E ratio of 11.42, a PEG ratio of 1.83 and a beta of 0.37.

National Fuel Gas (NYSE:NFG) last posted its earnings results on Wednesday, July 29th. The oil and gas producer reported $1.54 earnings per share (EPS) 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 company had revenue of $537.50 million during the quarter, compared to the consensus estimate of $564.33 million. During the same period in the previous year, the firm posted $1.64 earnings per share. The firm’s quarterly revenue was up 1.1% on a year-over-year basis. National Fuel Gas has set its FY 2026 guidance at 7.400-7.600 EPS. As a group, equities research analysts anticipate that National Fuel Gas Company will post 7.5 EPS for the current 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 is a boost from National Fuel Gas’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.22 annualized dividend and a dividend yield of 2.7%. National Fuel Gas’s payout ratio is presently 30.83%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on NFG. KeyCorp initiated coverage on National Fuel Gas in a research note on Tuesday, April 7th. They set an “overweight” rating and a $110.00 price target on the stock. Wall Street Zen cut National Fuel Gas from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Weiss Ratings cut National Fuel Gas from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, July 21st. 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 stock. Based on data from MarketBeat.com, National Fuel Gas currently has a consensus rating of “Moderate Buy” and a consensus price target of $105.50.

About National Fuel Gas

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.