Ontario Teachers Pension Plan Board Acquires 10,941 Shares of National Fuel Gas Company $NFG

Ontario Teachers Pension Plan Board grew its stake in National Fuel Gas Company (NYSE:NFG) by 30.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 47,453 shares of the oil and gas producer’s stock after purchasing an additional 10,941 shares during the period. Ontario Teachers Pension Plan Board owned about 0.05% of National Fuel Gas worth $4,383,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in NFG. Fox Run Management L.L.C. increased its holdings in National Fuel Gas by 80.0% in the second quarter. Fox Run Management L.L.C. now owns 15,291 shares of the oil and gas producer’s stock worth $1,295,000 after purchasing an additional 6,796 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in shares of National Fuel Gas during the 3rd quarter worth approximately $5,228,000. Nordea Investment Management AB increased its stake in shares of National Fuel Gas by 15.2% in the 3rd quarter. Nordea Investment Management AB now owns 103,374 shares of the oil and gas producer’s stock valued at $9,541,000 after acquiring an additional 13,620 shares in the last quarter. Orion Porfolio Solutions LLC lifted its position in shares of National Fuel Gas by 152.2% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 34,345 shares of the oil and gas producer’s stock valued at $2,909,000 after acquiring an additional 20,726 shares during the period. Finally, Great Lakes Advisors LLC boosted its stake in National Fuel Gas by 26.6% during the third quarter. Great Lakes Advisors LLC now owns 127,075 shares of the oil and gas producer’s stock worth $11,738,000 after acquiring an additional 26,737 shares in the last quarter. 73.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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

National Fuel Gas Trading Down 1.0%

NYSE:NFG opened at $86.33 on Thursday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.65 and a quick ratio of 0.59. National Fuel Gas Company has a one year low of $69.93 and a one year high of $94.13. The company has a market cap of $8.20 billion, a PE ratio of 12.04, a PEG ratio of 1.10 and a beta of 0.60. The firm has a 50-day moving average of $82.39 and a 200-day moving average of $84.04.

National Fuel Gas (NYSE:NFG) last released its quarterly earnings results on Wednesday, January 28th. The oil and gas producer reported $2.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.91 by $0.15. The business had revenue of $651.51 million during the quarter, compared to the consensus estimate of $650.70 million. National Fuel Gas had a return on equity of 21.45% and a net margin of 27.65%.The company’s quarterly revenue was up 18.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.66 EPS. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. As a group, equities research analysts expect that National Fuel Gas Company will post 6.64 EPS for the current fiscal year.

National Fuel Gas Announces Dividend

The company 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. This represents a $2.14 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Wednesday, December 31st. National Fuel Gas’s payout ratio is currently 29.85%.

About National Fuel Gas

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.