17,500 Shares in National Fuel Gas Company $NFG Acquired by FNY Investment Advisers LLC

FNY Investment Advisers LLC acquired a new stake in shares of National Fuel Gas Company (NYSE:NFGFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 17,500 shares of the oil and gas producer’s stock, valued at approximately $1,351,000.

A number of other institutional investors have also recently added to or reduced their stakes in NFG. SJS Investment Consulting Inc. raised its holdings in shares of National Fuel Gas by 458.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 279 shares of the oil and gas producer’s stock valued at $26,000 after purchasing an additional 229 shares in the last quarter. HM Payson & Co. bought a new stake in National Fuel Gas in the fourth quarter worth $29,000. Fairscale Capital LLC bought a new stake in National Fuel Gas in the fourth quarter worth $29,000. Cassaday & Co Wealth Management LLC acquired a new position in National Fuel Gas during the first quarter worth $38,000. Finally, SHP Wealth Management acquired a new position in National Fuel Gas during the fourth quarter worth $44,000. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Weiss Ratings cut National Fuel Gas from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, July 21st. Wall Street Zen downgraded National Fuel Gas from a “hold” rating to a “sell” rating in a research note on Saturday, August 1st. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, National Fuel Gas presently has an average rating of “Moderate Buy” and an average price target of $105.50.

Read Our Latest Analysis on NFG

National Fuel Gas Price Performance

NYSE NFG opened at $80.72 on Friday. National Fuel Gas Company has a 1 year low of $75.17 and a 1 year high of $97.06. The company has a fifty day simple moving average of $78.91 and a 200 day simple moving average of $84.57. The company has a current ratio of 3.20, a quick ratio of 3.07 and a debt-to-equity ratio of 0.91. The company has a market cap of $7.67 billion, a P/E ratio of 11.21, a P/E/G ratio of 1.75 and a beta of 0.37.

National Fuel Gas (NYSE:NFGGet Free Report) last announced 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 for the quarter, compared to the consensus estimate of $564.33 million. National Fuel Gas had a net margin of 26.97% and a return on equity of 19.04%. The business’s quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.64 EPS. National Fuel Gas has set its FY 2026 guidance at 7.400-7.600 EPS. On average, sell-side analysts predict that National Fuel Gas Company will post 7.5 EPS for the current year.

National Fuel Gas Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a $0.555 dividend. This is an increase from National Fuel Gas’s previous quarterly dividend of $0.54. This represents a $2.22 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Tuesday, June 30th. National Fuel Gas’s dividend payout ratio (DPR) is 30.83%.

About National Fuel Gas

(Free Report)

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.

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Institutional Ownership by Quarter for National Fuel Gas (NYSE:NFG)

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