FNY Investment Advisers LLC Makes New Investment in National Fuel Gas Company $NFG

FNY Investment Advisers LLC acquired a new position in shares of National Fuel Gas Company (NYSE:NFG) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 17,500 shares of the oil and gas producer’s stock, valued at approximately $1,351,000.

Several other institutional investors and hedge funds also recently made changes to their positions in NFG. Phocas Financial Corp. acquired a new position in shares of National Fuel Gas in the fourth quarter valued at $7,086,000. Oppenheimer & Co. Inc. lifted its position in National Fuel Gas by 84.6% in the fourth quarter. Oppenheimer & Co. Inc. now owns 61,728 shares of the oil and gas producer’s stock worth $4,942,000 after purchasing an additional 28,293 shares during the period. Vaughan Nelson Investment Management L.P. bought a new position in National Fuel Gas in the first quarter worth $63,863,000. Principal Financial Group Inc. boosted its stake in National Fuel Gas by 9.1% during the first quarter. Principal Financial Group Inc. now owns 212,091 shares of the oil and gas producer’s stock worth $19,928,000 after buying an additional 17,713 shares in the last quarter. Finally, KBC Group NV boosted its stake in National Fuel Gas by 294.9% during the fourth quarter. KBC Group NV now owns 13,976 shares of the oil and gas producer’s stock worth $1,119,000 after buying an additional 10,437 shares in the last quarter. Institutional investors own 73.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Weiss Ratings downgraded shares of National Fuel Gas from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, July 21st. Wall Street Zen cut shares of National Fuel Gas from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $105.50.

National Fuel Gas Price Performance

National Fuel Gas stock opened at $80.72 on Friday. 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 has a market capitalization of $7.67 billion, a PE ratio of 11.21, a price-to-earnings-growth ratio of 1.75 and a beta of 0.37. National Fuel Gas Company has a one year low of $75.17 and a one year high of $97.06. The business has a 50 day simple moving average of $78.91 and a 200 day simple moving average of $84.57.

National Fuel Gas (NYSE:NFG) last announced its quarterly earnings results on Wednesday, July 29th. The oil and gas producer reported $1.54 EPS for the quarter, beating the consensus estimate of $1.44 by $0.10. National Fuel Gas had a return on equity of 19.04% and a net margin of 26.97%.The business had revenue of $537.50 million for the quarter, compared to analyst estimates of $564.33 million. During the same quarter in the previous year, the firm earned $1.64 EPS. National Fuel Gas’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. On average, sell-side analysts forecast that National Fuel Gas Company will post 7.5 EPS for the current fiscal year.

National Fuel Gas Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $0.555 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.22 annualized dividend and a dividend yield of 2.8%. This is a boost from National Fuel Gas’s previous quarterly dividend of $0.54. National Fuel Gas’s dividend payout ratio is presently 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.