Yousif Capital Management LLC Sells 1,185 Shares of National Fuel Gas Company $NFG

Yousif Capital Management LLC lowered its stake in shares of National Fuel Gas Company (NYSE:NFG) by 3.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 31,841 shares of the oil and gas producer’s stock after selling 1,185 shares during the quarter. Yousif Capital Management LLC’s holdings in National Fuel Gas were worth $2,697,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. LSV Asset Management lifted its holdings in National Fuel Gas by 29.6% during the first quarter. LSV Asset Management now owns 2,153,236 shares of the oil and gas producer’s stock valued at $170,515,000 after purchasing an additional 491,890 shares during the last quarter. Gamco Investors INC. ET AL lifted its holdings in 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 purchasing an additional 48,202 shares during the last quarter. Northern Trust Corp lifted its holdings in National Fuel Gas by 15.3% during the first quarter. Northern Trust Corp now owns 1,174,783 shares of the oil and gas producer’s stock valued at $93,031,000 after purchasing an additional 155,711 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in National Fuel Gas by 2.1% during the first quarter. Bank of New York Mellon Corp now owns 1,104,852 shares of the oil and gas producer’s stock valued at $87,493,000 after purchasing an additional 22,320 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in National Fuel Gas by 93.7% during the first quarter. Invesco Ltd. now owns 951,069 shares of the oil and gas producer’s stock valued at $75,315,000 after purchasing an additional 460,100 shares during the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

National Fuel Gas Trading Up 0.5%

Shares of NFG opened at $85.69 on Friday. The business’s 50-day moving average price is $87.73 and its 200-day moving average price is $84.16. National Fuel Gas Company has a twelve month low of $58.82 and a twelve month high of $94.13. The stock has a market cap of $7.74 billion, a PE ratio of 32.22, a P/E/G ratio of 0.43 and a beta of 0.58. The company has a quick ratio of 0.39, a current ratio of 0.46 and a debt-to-equity ratio of 0.80.

National Fuel Gas (NYSE:NFG) last posted its quarterly earnings data on Wednesday, July 30th. The oil and gas producer reported $1.64 earnings per share for the quarter, topping the consensus estimate of $1.50 by $0.14. The company had revenue of $531.83 million for the quarter, compared to analysts’ expectations of $596.12 million. National Fuel Gas had a net margin of 11.15% and a return on equity of 20.81%. National Fuel Gas’s revenue for the quarter was up 27.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.99 earnings per share. 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 forecast that National Fuel Gas Company will post 6.64 EPS for the current fiscal year.

National Fuel Gas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were given a $0.535 dividend. This represents a $2.14 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Tuesday, September 30th. National Fuel Gas’s dividend payout ratio is 80.45%.

Analyst Upgrades and Downgrades

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

National Fuel Gas Company 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.