Ontario Teachers Pension Plan Board Increases Holdings in National Fuel Gas Company $NFG

Ontario Teachers Pension Plan Board lifted its holdings in shares of National Fuel Gas Company (NYSE:NFG) by 30.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,453 shares of the oil and gas producer’s stock after purchasing an additional 10,941 shares during the period. Ontario Teachers Pension Plan Board’s holdings in National Fuel Gas were worth $4,383,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in NFG. Goldman Sachs Group Inc. boosted its stake in National Fuel Gas by 30.0% in the first quarter. Goldman Sachs Group Inc. now owns 159,953 shares of the oil and gas producer’s stock valued at $12,667,000 after acquiring an additional 36,913 shares during the last quarter. Empowered Funds LLC bought a new position in National Fuel Gas during the first quarter valued at $247,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in National Fuel Gas by 3.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 220,730 shares of the oil and gas producer’s stock worth $17,480,000 after buying an additional 8,304 shares during the last quarter. Focus Partners Wealth raised its stake in shares of National Fuel Gas by 79.5% in the first quarter. Focus Partners Wealth now owns 12,729 shares of the oil and gas producer’s stock valued at $1,008,000 after buying an additional 5,638 shares during the period. Finally, Acadian Asset Management LLC purchased a new position in shares of National Fuel Gas during the 1st quarter valued at $138,000. Institutional investors own 73.96% of the company’s stock.

National Fuel Gas Trading Down 1.0%

National Fuel Gas stock opened at $86.33 on Thursday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.59 and a current ratio of 0.65. National Fuel Gas Company has a fifty-two week low of $69.93 and a fifty-two week high of $94.13. The stock has a market cap of $8.20 billion, a P/E ratio of 12.04, a PEG ratio of 1.10 and a beta of 0.60. The firm’s fifty day moving average price is $82.39 and its 200-day moving average price is $84.04.

National Fuel Gas (NYSE:NFG) last posted its earnings results on Wednesday, January 28th. The oil and gas producer reported $2.06 EPS for the quarter, topping the consensus estimate 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 revenue was up 18.6% on a year-over-year basis. During the same period in the previous year, the business 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 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 Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.535 per share. The ex-dividend date was Wednesday, December 31st. This represents a $2.14 annualized dividend and a yield of 2.5%. National Fuel Gas’s payout ratio is presently 29.85%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on NFG. Scotiabank set a $101.00 price objective on National Fuel Gas in a report on Wednesday, January 21st. Zacks Research lowered shares of National Fuel Gas from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 21st. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of National Fuel Gas in a report on Monday, December 29th. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, National Fuel Gas currently has an average rating of “Hold” and an average target price 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.