Donald L. Hagan LLC Trims Position in National Fuel Gas Company $NFG

Donald L. Hagan LLC reduced its stake in National Fuel Gas Company (NYSE:NFG) by 3.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,998 shares of the oil and gas producer’s stock after selling 600 shares during the period. Donald L. Hagan LLC’s holdings in National Fuel Gas were worth $1,270,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Old Port Advisors grew its stake in shares of National Fuel Gas by 0.7% in the second quarter. Old Port Advisors now owns 30,487 shares of the oil and gas producer’s stock worth $2,583,000 after acquiring an additional 200 shares during the last quarter. Sheets Smith Wealth Management purchased a new stake in shares of National Fuel Gas in the second quarter worth $676,000. Fortitude Family Office LLC grew its stake in shares of National Fuel Gas by 1,258.0% in the second quarter. Fortitude Family Office LLC now owns 1,195 shares of the oil and gas producer’s stock worth $101,000 after acquiring an additional 1,107 shares during the last quarter. Cardinal Capital Management grew its stake in shares of National Fuel Gas by 3.0% in the second quarter. Cardinal Capital Management now owns 98,794 shares of the oil and gas producer’s stock worth $8,421,000 after acquiring an additional 2,909 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of National Fuel Gas by 11.7% during the second quarter. GAMMA Investing LLC now owns 1,857 shares of the oil and gas producer’s stock valued at $157,000 after buying an additional 195 shares during the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

National Fuel Gas Stock Down 0.6%

NYSE NFG opened at $92.44 on Wednesday. The stock’s 50-day moving average price is $87.67 and its 200-day moving average price is $83.40. 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 Company has a 52 week low of $58.82 and a 52 week high of $94.13. The company has a market capitalization of $8.35 billion, a P/E ratio of 34.75, a price-to-earnings-growth ratio of 0.55 and a beta of 0.61.

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

National Fuel Gas Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a $0.535 dividend. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.14 annualized dividend and a dividend yield of 2.3%. National Fuel Gas’s dividend payout ratio (DPR) is 80.45%.

Analysts Set New Price Targets

Several equities research analysts recently commented on NFG shares. Wall Street Zen cut National Fuel Gas from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Bank of America raised National Fuel Gas from an “underperform” rating to a “buy” rating and increased their price objective for the company from $85.00 to $107.00 in a research report on Tuesday, July 15th. Scotiabank reaffirmed an “outperform” rating on shares of National Fuel Gas in a research report on Wednesday, August 13th. Finally, Zacks Research cut National Fuel Gas from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, National Fuel Gas has a consensus rating of “Moderate Buy” and an average target price of $96.67.

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.