Summit Global Investments Purchases 7,302 Shares of National Fuel Gas Company $NFG

Summit Global Investments increased its position in National Fuel Gas Company (NYSE:NFG) by 16.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 50,391 shares of the oil and gas producer’s stock after purchasing an additional 7,302 shares during the quarter. Summit Global Investments’ holdings in National Fuel Gas were worth $4,655,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of NFG. Root Financial Partners LLC acquired a new position in shares of National Fuel Gas in the 3rd quarter valued at $29,000. Richardson Financial Services Inc. raised its position in National Fuel Gas by 88.5% in the third quarter. Richardson Financial Services Inc. now owns 360 shares of the oil and gas producer’s stock worth $33,000 after purchasing an additional 169 shares in the last quarter. Golden State Wealth Management LLC lifted its stake in National Fuel Gas by 355.1% during the second quarter. Golden State Wealth Management LLC now owns 405 shares of the oil and gas producer’s stock worth $34,000 after purchasing an additional 316 shares during the period. True Wealth Design LLC grew its stake in shares of National Fuel Gas by 3,883.3% in the 3rd quarter. True Wealth Design LLC now owns 478 shares of the oil and gas producer’s stock valued at $44,000 after purchasing an additional 466 shares during the period. Finally, Assetmark Inc. raised its holdings in shares of National Fuel Gas by 60.1% in the 2nd quarter. Assetmark Inc. now owns 613 shares of the oil and gas producer’s stock worth $52,000 after buying an additional 230 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

National Fuel Gas Trading Up 1.2%

NFG stock opened at $84.11 on Friday. The business has a fifty day moving average price of $81.35 and a 200 day moving average price of $84.28. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.44 and a quick ratio of 0.35. National Fuel Gas Company has a fifty-two week low of $68.65 and a fifty-two week high of $94.13. The stock has a market capitalization of $7.99 billion, a price-to-earnings ratio of 11.73, a P/E/G ratio of 1.15 and a beta of 0.61.

National Fuel Gas (NYSE:NFG) last posted its quarterly earnings data on Wednesday, January 28th. The oil and gas producer reported $2.06 EPS for the quarter, topping analysts’ consensus estimates of $1.91 by $0.15. National Fuel Gas had a return on equity of 22.62% and a net margin of 27.65%.The company had revenue of $651.51 million for the quarter, compared to analyst estimates of $650.70 million. During the same quarter in the previous year, the firm earned $1.66 earnings per share. The business’s revenue was up 18.6% on a year-over-year basis. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. Analysts expect that National Fuel Gas Company will post 6.64 EPS for the current fiscal year.

National Fuel Gas Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a dividend of $0.535 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.14 dividend on an annualized basis and a yield of 2.5%. National Fuel Gas’s dividend payout ratio is currently 37.68%.

Key Headlines Impacting National Fuel Gas

Here are the key news stories impacting National Fuel Gas this week:

• Positive Sentiment: Q1 beat on profitability — adjusted EPS $2.06 vs. $1.91 expected and GAAP earnings surged year-over-year; adjusted EPS rose 24% YoY on higher production and prices. Zacks: NFG Surpasses Q1 Estimates
• Positive Sentiment: Guidance reaffirmed — management kept FY‑2026 adjusted EPS at $7.60–$8.10 (midpoint $7.85), which is above recent street consensus (~$7.33) and provides upside if NYMEX gas prices firm. Press Release: Q1 Results & Guidance
• Positive Sentiment: Operational & strategic catalysts — upstream production +12% (Seneca), realized gas prices ~+14%, key midstream projects (Shippingport Lateral, Tioga Pathway) on track for late‑2026, and a $350M private equity raise to fund the CenterPoint Ohio utility acquisition. Those items support near‑ and medium‑term cash flow growth. Investor Presentation / Press Release
• Positive Sentiment: Analyst support — Bank of America maintained a Buy rating and $99 price target, reinforcing buy-side confidence after the print. TipRanks: BofA Maintains Buy
• Neutral Sentiment: Earnings call & materials provide context — management discussed growth opportunities and commodity volatility; the transcript and updated investor presentation outline risks and sensitivities for investors to review. Seeking Alpha: Call Transcript TipRanks: Investor Presentation Update
• Negative Sentiment: Near-term costs and commodity risk — corporate reported $7.7M of transaction/financing costs tied to the Ohio acquisition and management reiterated sensitivity of EPS to NYMEX natural gas prices (guidance scenarios show material EPS swings). These raise short‑term volatility and execution risk around the acquisition and commodity exposure. Guidance Sensitivities & Acquisition Costs

Wall Street Analysts Forecast Growth

NFG has been the topic of several recent analyst reports. Scotiabank set a $101.00 price target on National Fuel Gas in a research note on Wednesday, January 21st. Weiss Ratings restated a “buy (b-)” rating on shares of National Fuel Gas in a research note on Monday, December 29th. Finally, Zacks Research lowered shares of National Fuel Gas from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, National Fuel Gas currently has an average rating of “Hold” and an average price target of $96.33.

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.