National Fuel Gas Company $NFG Shares Sold by Waldron Private Wealth LLC

Waldron Private Wealth LLC cut its position in National Fuel Gas Company (NYSE:NFG) by 27.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,183 shares of the oil and gas producer’s stock after selling 1,204 shares during the quarter. Waldron Private Wealth LLC’s holdings in National Fuel Gas were worth $271,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of NFG. GAMMA Investing LLC grew its stake in shares of National Fuel Gas by 67.4% in the first quarter. GAMMA Investing LLC now owns 1,662 shares of the oil and gas producer’s stock valued at $132,000 after buying an additional 669 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in shares of National Fuel Gas by 5.7% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 13,184 shares of the oil and gas producer’s stock valued at $1,044,000 after buying an additional 712 shares in the last quarter. Perigon Wealth Management LLC acquired a new stake in shares of National Fuel Gas in the first quarter valued at $213,000. Robeco Institutional Asset Management B.V. grew its stake in shares of National Fuel Gas by 104.4% in the first quarter. Robeco Institutional Asset Management B.V. now owns 59,135 shares of the oil and gas producer’s stock valued at $4,683,000 after buying an additional 30,209 shares in the last quarter. Finally, Illinois Municipal Retirement Fund grew its stake in shares of National Fuel Gas by 39.0% in the first quarter. Illinois Municipal Retirement Fund now owns 24,383 shares of the oil and gas producer’s stock valued at $1,931,000 after buying an additional 6,841 shares in the last quarter. 73.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

NFG has been the subject of a number of recent research reports. Zacks Research lowered National Fuel Gas from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. Weiss Ratings reiterated a “hold (c+)” rating on shares of National Fuel Gas in a report on Tuesday, October 14th. Scotiabank lowered National Fuel Gas from an “outperform” rating to a “sector perform” rating and lifted their target price for the company from $102.00 to $106.00 in a report on Thursday, October 9th. Wall Street Zen lowered National Fuel Gas from a “buy” rating to a “hold” rating in a report on Sunday, August 10th. Finally, Bank of America upgraded National Fuel Gas from an “underperform” rating to a “buy” rating and lifted their target price for the company from $85.00 to $107.00 in a report on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $98.00.

National Fuel Gas Stock Down 0.5%

National Fuel Gas stock opened at $81.73 on Monday. National Fuel Gas Company has a fifty-two week low of $58.82 and a fifty-two week high of $94.13. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.39 and a current ratio of 0.46. The company has a market capitalization of $7.39 billion, a P/E ratio of 30.73, a PEG ratio of 0.47 and a beta of 0.58. The stock has a 50-day simple moving average of $87.26 and a 200-day simple moving average of $84.57.

National Fuel Gas (NYSE:NFG) last posted its earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.14. The business had revenue of $531.83 million during 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 quarterly revenue was up 27.4% on a year-over-year basis. During the same period in the previous year, the business earned $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 earnings per share for the current year.

National Fuel Gas Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a dividend of $0.535 per share. The ex-dividend date was Tuesday, September 30th. This represents a $2.14 annualized dividend and a yield of 2.6%. National Fuel Gas’s payout ratio is presently 80.45%.

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.