Mark Sheptoff Financial Planning LLC Boosts Holdings in National Fuel Gas Company $NFG

Mark Sheptoff Financial Planning LLC boosted its holdings in shares of National Fuel Gas Company (NYSE:NFG) by 39.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,172 shares of the oil and gas producer’s stock after buying an additional 1,747 shares during the quarter. Mark Sheptoff Financial Planning LLC’s holdings in National Fuel Gas were worth $523,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Parallel Advisors LLC boosted its stake in National Fuel Gas by 2.8% in the 2nd quarter. Parallel Advisors LLC now owns 4,784 shares of the oil and gas producer’s stock worth $405,000 after purchasing an additional 129 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of National Fuel Gas by 3.0% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,285 shares of the oil and gas producer’s stock worth $419,000 after buying an additional 156 shares in the last quarter. US Bancorp DE lifted its holdings in shares of National Fuel Gas by 0.6% in the second quarter. US Bancorp DE now owns 25,766 shares of the oil and gas producer’s stock worth $2,183,000 after buying an additional 161 shares in the last quarter. Horizon Investment Services LLC boosted its position in shares of National Fuel Gas by 2.5% during the first quarter. Horizon Investment Services LLC now owns 6,618 shares of the oil and gas producer’s stock worth $524,000 after acquiring an additional 162 shares during the last quarter. Finally, UMB Bank n.a. grew its stake in National Fuel Gas by 19.6% during the second quarter. UMB Bank n.a. now owns 1,012 shares of the oil and gas producer’s stock valued at $86,000 after acquiring an additional 166 shares in the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Zacks Research cut shares of National Fuel Gas from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 18th. Bank of America raised National Fuel Gas from an “underperform” rating to a “buy” rating and lifted their target price for the stock from $85.00 to $107.00 in a report on Tuesday, July 15th. Wall Street Zen downgraded National Fuel Gas from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Weiss Ratings restated a “hold (c)” rating on shares of National Fuel Gas in a report on Wednesday. Finally, Scotiabank downgraded National Fuel Gas from an “outperform” rating to a “sector perform” rating and lifted their price objective for the stock from $102.00 to $106.00 in a research note on Thursday, October 9th. One equities research 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 company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $98.00.

National Fuel Gas Stock Up 1.6%

Shares of NYSE:NFG opened at $79.27 on Friday. The company has a current ratio of 0.46, a quick ratio of 0.39 and a debt-to-equity ratio of 0.80. National Fuel Gas Company has a 12 month low of $58.98 and a 12 month high of $94.13. The company has a 50-day moving average price of $85.82 and a 200 day moving average price of $84.68. The company has a market cap of $7.16 billion, a price-to-earnings ratio of 29.80, a PEG ratio of 0.45 and a beta of 0.57.

National Fuel Gas (NYSE:NFG) last issued its quarterly earnings data on Wednesday, November 5th. The oil and gas producer reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.14. National Fuel Gas had a return on equity of 20.81% and a net margin of 11.15%.The company had revenue of $456.41 million for the quarter, compared to analysts’ expectations of $534.57 million. During the same period in the previous year, the firm posted $0.77 earnings per share. The firm’s revenue for the quarter was up 22.7% on a year-over-year basis. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. As a group, equities research analysts predict that National Fuel Gas Company will post 6.64 earnings per share for the current year.

National Fuel Gas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a dividend of $0.535 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $2.14 annualized dividend and a dividend yield of 2.7%. National Fuel Gas’s payout ratio is currently 37.68%.

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.