Trexquant Investment LP Acquires 4,795 Shares of National Fuel Gas Company $NFG

Trexquant Investment LP raised its holdings in shares of National Fuel Gas Company (NYSE:NFG) by 10.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 50,848 shares of the oil and gas producer’s stock after purchasing an additional 4,795 shares during the period. Trexquant Investment LP’s holdings in National Fuel Gas were worth $4,027,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. CreativeOne Wealth LLC purchased a new stake in shares of National Fuel Gas during the first quarter valued at approximately $216,000. GABELLI & Co INVESTMENT ADVISERS INC. grew its holdings in shares of National Fuel Gas by 8.0% during the first quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 27,000 shares of the oil and gas producer’s stock valued at $2,138,000 after buying an additional 2,000 shares during the last quarter. Gamco Investors INC. ET AL grew its holdings in shares of National Fuel Gas by 3.3% during the first quarter. Gamco Investors INC. ET AL now owns 1,495,867 shares of the oil and gas producer’s stock valued at $118,458,000 after buying an additional 48,202 shares during the last quarter. Keeley Teton Advisors LLC grew its holdings in shares of National Fuel Gas by 1.0% during the first quarter. Keeley Teton Advisors LLC now owns 37,610 shares of the oil and gas producer’s stock valued at $2,978,000 after buying an additional 370 shares during the last quarter. Finally, Epoch Investment Partners Inc. purchased a new stake in shares of National Fuel Gas during the first quarter valued at approximately $847,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

National Fuel Gas Trading Down 0.3%

Shares of NFG stock opened at $86.71 on Tuesday. National Fuel Gas Company has a 12-month low of $58.50 and a 12-month high of $89.82. The company has a current ratio of 0.46, a quick ratio of 0.39 and a debt-to-equity ratio of 0.80. The firm’s 50 day moving average is $86.29 and its 200 day moving average is $81.34. The stock has a market capitalization of $7.83 billion, a P/E ratio of 32.60, a P/E/G ratio of 0.51 and a beta of 0.61.

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

National Fuel Gas Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were given a $0.535 dividend. The ex-dividend date was Monday, June 30th. This is a boost from National Fuel Gas’s previous quarterly dividend of $0.52. This represents a $2.14 annualized dividend and a yield of 2.5%. National Fuel Gas’s payout ratio is 80.45%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on NFG shares. Bank of America upgraded shares of 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. Wall Street Zen cut shares of National Fuel Gas from a “buy” rating to a “hold” rating in a report on Sunday, August 10th. Zacks Research cut shares of National Fuel Gas from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. Finally, Scotiabank restated an “outperform” rating on shares of National Fuel Gas in a report on Wednesday, August 13th. One 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. Based on data from MarketBeat.com, National Fuel Gas presently has a consensus rating of “Moderate Buy” and a consensus target price of $96.67.

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.