Stephens Inc. AR Cuts Stock Position in National Fuel Gas Company $NFG

Stephens Inc. AR cut its holdings in National Fuel Gas Company (NYSE:NFG) by 15.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 3,780 shares of the oil and gas producer’s stock after selling 710 shares during the period. Stephens Inc. AR’s holdings in National Fuel Gas were worth $320,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in NFG. GAMMA Investing LLC lifted its position in National Fuel Gas by 67.4% in the 1st quarter. GAMMA Investing LLC now owns 1,662 shares of the oil and gas producer’s stock valued at $132,000 after acquiring an additional 669 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in National Fuel Gas by 5.7% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 13,184 shares of the oil and gas producer’s stock valued at $1,044,000 after acquiring an additional 712 shares in the last quarter. Perigon Wealth Management LLC bought a new position in National Fuel Gas in the 1st quarter valued at approximately $213,000. Robeco Institutional Asset Management B.V. lifted its position in National Fuel Gas by 104.4% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 59,135 shares of the oil and gas producer’s stock valued at $4,683,000 after acquiring an additional 30,209 shares in the last quarter. Finally, Illinois Municipal Retirement Fund lifted its position in National Fuel Gas by 39.0% in the 1st quarter. Illinois Municipal Retirement Fund now owns 24,383 shares of the oil and gas producer’s stock valued at $1,931,000 after acquiring an additional 6,841 shares in the last quarter. 73.96% of the stock is owned by institutional investors.

Analysts Set New Price Targets

NFG has been the topic of several analyst reports. Wall Street Zen cut National Fuel Gas from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of National Fuel Gas in a research report on Tuesday, October 14th. Bank of America raised National Fuel Gas from an “underperform” rating to a “buy” rating and increased their price target for the company from $85.00 to $107.00 in a report on Tuesday, July 15th. Zacks Research cut National Fuel Gas from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. Finally, Scotiabank cut National Fuel Gas from an “outperform” rating to a “sector perform” rating and increased their price target for the company from $102.00 to $106.00 in a report on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $98.00.

National Fuel Gas Price Performance

NYSE NFG opened at $81.73 on Monday. The business’s fifty day moving average price is $87.26 and its 200-day moving average price is $84.57. The stock has a market capitalization of $7.39 billion, a price-to-earnings ratio of 30.73, a PEG ratio of 0.47 and a beta of 0.58. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.46 and a quick ratio of 0.39. National Fuel Gas Company has a 1-year low of $58.82 and a 1-year high of $94.13.

National Fuel Gas (NYSE:NFG) last announced its earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.50 by $0.14. National Fuel Gas had a return on equity of 20.81% and a net margin of 11.15%.The company had revenue of $531.83 million for the quarter, compared to analysts’ expectations of $596.12 million. During the same period last year, the firm earned $0.99 EPS. National Fuel Gas’s revenue for the quarter was up 27.4% compared to the same quarter last year. National Fuel Gas has set its FY 2026 guidance at 8.000-8.500 EPS. FY 2025 guidance at 6.800-6.950 EPS. On average, equities analysts predict that National Fuel Gas Company will post 6.64 earnings per share for the current year.

National Fuel Gas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a $0.535 dividend. This represents a $2.14 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Tuesday, September 30th. National Fuel Gas’s dividend payout ratio (DPR) is currently 80.45%.

National Fuel Gas Profile

National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil. The Pipeline and Storage segment provides interstate natural gas transportation services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields.