Cozad Asset Management Inc. Has $3.09 Million Stock Position in National Fuel Gas Company $NFG

Cozad Asset Management Inc. lowered its stake in National Fuel Gas Company (NYSE:NFG) by 35.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 32,857 shares of the oil and gas producer’s stock after selling 18,279 shares during the period. Cozad Asset Management Inc.’s holdings in National Fuel Gas were worth $3,087,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. State Street Corp lifted its position in National Fuel Gas by 3.4% during the second quarter. State Street Corp now owns 4,035,345 shares of the oil and gas producer’s stock worth $343,962,000 after purchasing an additional 132,855 shares during the period. Energy Income Partners LLC grew its stake in National Fuel Gas by 1.1% during the first quarter. Energy Income Partners LLC now owns 2,589,824 shares of the oil and gas producer’s stock worth $243,340,000 after buying an additional 28,755 shares in the last quarter. AQR Capital Management LLC increased its holdings in National Fuel Gas by 103.4% in the 3rd quarter. AQR Capital Management LLC now owns 2,138,153 shares of the oil and gas producer’s stock valued at $197,501,000 after buying an additional 1,087,067 shares during the period. Geode Capital Management LLC increased its holdings in National Fuel Gas by 7.1% in the 4th quarter. Geode Capital Management LLC now owns 1,816,217 shares of the oil and gas producer’s stock valued at $145,446,000 after buying an additional 121,099 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its position in shares of National Fuel Gas by 653.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,582,782 shares of the oil and gas producer’s stock valued at $126,718,000 after buying an additional 1,372,742 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of National Fuel Gas from a “hold” rating to a “sell” rating in a report on Saturday. KeyCorp started coverage on shares of National Fuel Gas in a research note on Tuesday, April 7th. They issued an “overweight” rating and a $110.00 price objective on the stock. Finally, Weiss Ratings downgraded shares of National Fuel Gas from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $105.50.

National Fuel Gas Price Performance

Shares of NFG stock opened at $82.23 on Friday. The business has a fifty day simple moving average of $78.77 and a 200 day simple moving average of $84.52. The company has a market cap of $7.82 billion, a P/E ratio of 11.42, a P/E/G ratio of 1.83 and a beta of 0.37. The company has a quick ratio of 0.55, a current ratio of 3.20 and a debt-to-equity ratio of 0.91. National Fuel Gas Company has a twelve month low of $75.17 and a twelve month high of $97.06.

National Fuel Gas (NYSE:NFG) last issued its earnings results on Wednesday, July 29th. The oil and gas producer reported $1.54 EPS for the quarter, topping the consensus estimate of $1.44 by $0.10. The firm had revenue of $537.50 million during the quarter, compared to the consensus estimate of $564.33 million. National Fuel Gas had a return on equity of 19.04% and a net margin of 26.97%.The business’s quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.64 earnings per share. 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 business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a dividend of $0.555 per share. This is a boost from National Fuel Gas’s previous quarterly dividend of $0.54. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.22 annualized dividend and a dividend yield of 2.7%. National Fuel Gas’s 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.