Meiji Yasuda Asset Management Co Ltd. Acquires 14,145 Shares of National Fuel Gas Company $NFG

Meiji Yasuda Asset Management Co Ltd. grew its holdings in National Fuel Gas Company (NYSE:NFG) by 11.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 133,477 shares of the oil and gas producer’s stock after acquiring an additional 14,145 shares during the quarter. Meiji Yasuda Asset Management Co Ltd. owned 0.14% of National Fuel Gas worth $10,686,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Van Hulzen Asset Management LLC bought a new stake in shares of National Fuel Gas in the fourth quarter worth about $220,000. Global Retirement Partners LLC increased its position in shares of National Fuel Gas by 389.9% during the fourth quarter. Global Retirement Partners LLC now owns 10,749 shares of the oil and gas producer’s stock worth $861,000 after acquiring an additional 8,555 shares in the last quarter. IFP Advisors Inc increased its position in shares of National Fuel Gas by 19.2% during the fourth quarter. IFP Advisors Inc now owns 2,542 shares of the oil and gas producer’s stock worth $204,000 after acquiring an additional 409 shares in the last quarter. Resona Asset Management Co. Ltd. increased its position in shares of National Fuel Gas by 10.6% during the fourth quarter. Resona Asset Management Co. Ltd. now owns 4,807 shares of the oil and gas producer’s stock worth $385,000 after acquiring an additional 461 shares in the last quarter. Finally, HighTower Advisors LLC increased its position in shares of National Fuel Gas by 4.4% during the fourth quarter. HighTower Advisors LLC now owns 45,947 shares of the oil and gas producer’s stock worth $3,678,000 after acquiring an additional 1,924 shares in the last quarter. 73.96% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on NFG. KeyCorp began coverage on shares of National Fuel Gas in a research report on Tuesday, April 7th. They set an “overweight” rating and a $110.00 price objective for the company. Zacks Research raised shares of National Fuel Gas from a “strong sell” rating to a “hold” rating in a research report on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, National Fuel Gas presently has an average rating of “Moderate Buy” and an average price target of $106.00.

National Fuel Gas Stock Down 1.1%

NYSE:NFG opened at $81.31 on Friday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.55 and a current ratio of 0.62. The company has a market cap of $7.73 billion, a PE ratio of 11.00, a PEG ratio of 1.79 and a beta of 0.41. National Fuel Gas Company has a 52-week low of $77.22 and a 52-week high of $97.06. The stock has a 50-day simple moving average of $89.21 and a 200 day simple moving average of $85.29.

National Fuel Gas (NYSE:NFG) last released its earnings results on Wednesday, April 29th. The oil and gas producer reported $2.71 earnings per share for the quarter, missing analysts’ consensus estimates of $2.85 by ($0.14). The business had revenue of $858.37 million during the quarter, compared to the consensus estimate of $856.57 million. National Fuel Gas had a net margin of 27.48% and a return on equity of 20.62%. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same period last year, the business posted $2.39 EPS. National Fuel Gas has set its FY 2026 guidance at 7.450-7.750 EPS. On average, sell-side analysts expect that National Fuel Gas Company will post 7.66 EPS for the current fiscal year.

National Fuel Gas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a $0.535 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.14 dividend on an annualized basis and a yield of 2.6%. National Fuel Gas’s dividend payout ratio (DPR) is 28.96%.

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.