Mutual of America Capital Management LLC Cuts Position in National Fuel Gas Company $NFG

Mutual of America Capital Management LLC trimmed its position in National Fuel Gas Company (NYSE:NFG) by 3.6% during the second quarter, HoldingsChannel.com reports. The firm owned 44,932 shares of the oil and gas producer’s stock after selling 1,673 shares during the quarter. Mutual of America Capital Management LLC’s holdings in National Fuel Gas were worth $3,806,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of NFG. Assetmark Inc. grew its stake in shares of National Fuel Gas by 9,475.0% in the first quarter. Assetmark Inc. now owns 383 shares of the oil and gas producer’s stock valued at $30,000 after buying an additional 379 shares in the last quarter. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of National Fuel Gas in the second quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of National Fuel Gas by 316.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 400 shares of the oil and gas producer’s stock valued at $32,000 after buying an additional 304 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of National Fuel Gas in the first quarter valued at about $55,000. Finally, Wayfinding Financial LLC acquired a new stake in shares of National Fuel Gas in the first quarter valued at about $59,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently issued reports on NFG. Scotiabank lowered National Fuel Gas from an “outperform” rating to a “sector perform” rating and increased their target price for the company from $102.00 to $106.00 in a research note on Thursday, October 9th. Bank of America upgraded National Fuel Gas from an “underperform” rating to a “buy” rating and raised their price objective for the company from $85.00 to $107.00 in a research note on Tuesday, July 15th. Zacks Research lowered National Fuel Gas from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 18th. Wall Street Zen lowered National Fuel Gas from a “buy” rating to a “hold” rating in a research note on Sunday, August 10th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of National Fuel Gas in a research note on Tuesday, October 14th. One 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 stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $98.00.

National Fuel Gas Trading Down 0.4%

Shares of NYSE NFG opened at $81.98 on Friday. The company has a market cap of $7.41 billion, a price-to-earnings ratio of 30.82, a price-to-earnings-growth ratio of 0.47 and a beta of 0.58. National Fuel Gas Company has a 12-month low of $58.82 and a 12-month high of $94.13. 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 stock’s 50 day simple moving average is $87.37 and its 200 day simple moving average is $84.36.

National Fuel Gas (NYSE:NFG) last announced its quarterly 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. The business had revenue of $531.83 million for the quarter, compared to the consensus estimate of $596.12 million. National Fuel Gas had a return on equity of 20.81% and a net margin of 11.15%.The business’s revenue was up 27.4% on a year-over-year basis. During the same quarter last year, the business posted $0.99 EPS. National Fuel Gas has set its FY 2026 guidance at 8.000-8.500 EPS. FY 2025 guidance at 6.800-6.950 EPS. Equities research analysts expect that National Fuel Gas Company will post 6.64 EPS for the current year.

National Fuel Gas Announces Dividend

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

About National Fuel Gas

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.