National Fuel Gas Company $NFG Holdings Decreased by South Dakota Investment Council

South Dakota Investment Council trimmed its holdings in shares of National Fuel Gas Company (NYSE:NFG) by 29.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,648 shares of the oil and gas producer’s stock after selling 12,200 shares during the period. South Dakota Investment Council’s holdings in National Fuel Gas were worth $2,646,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. New Age Alpha Advisors LLC increased its holdings in shares of National Fuel Gas by 4.2% in the 3rd quarter. New Age Alpha Advisors LLC now owns 3,184 shares of the oil and gas producer’s stock valued at $294,000 after purchasing an additional 128 shares during the period. OneDigital Investment Advisors LLC grew its position in National Fuel Gas by 5.3% during the third quarter. OneDigital Investment Advisors LLC now owns 3,238 shares of the oil and gas producer’s stock valued at $299,000 after purchasing an additional 164 shares in the last quarter. Richardson Financial Services Inc. increased its stake in National Fuel Gas by 88.5% in the 3rd quarter. Richardson Financial Services Inc. now owns 360 shares of the oil and gas producer’s stock valued at $33,000 after buying an additional 169 shares during the period. HBK Sorce Advisory LLC increased its stake in National Fuel Gas by 0.8% in the 3rd quarter. HBK Sorce Advisory LLC now owns 21,739 shares of the oil and gas producer’s stock valued at $1,930,000 after buying an additional 179 shares during the period. Finally, MAI Capital Management boosted its stake in shares of National Fuel Gas by 5.4% during the 2nd quarter. MAI Capital Management now owns 4,150 shares of the oil and gas producer’s stock valued at $352,000 after buying an additional 211 shares during the period. 73.96% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

National Fuel Gas Trading Up 0.7%

Shares of NYSE:NFG opened at $93.57 on Thursday. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $8.89 billion, a PE ratio of 13.05, a P/E/G ratio of 1.20 and a beta of 0.57. National Fuel Gas Company has a 1 year low of $69.93 and a 1 year high of $94.13. The firm has a fifty day moving average price of $83.99 and a 200 day moving average price of $84.22.

National Fuel Gas (NYSE:NFG) last announced its quarterly earnings results on Wednesday, January 28th. The oil and gas producer reported $2.06 earnings per share for the quarter, topping analysts’ consensus estimates of $1.91 by $0.15. The company had revenue of $651.51 million during the quarter, compared to analysts’ expectations of $650.70 million. National Fuel Gas had a return on equity of 21.45% and a net margin of 27.65%.The business’s quarterly revenue was up 18.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.66 earnings per share. 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 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a $0.535 dividend. This represents a $2.14 annualized dividend and a yield of 2.3%. The ex-dividend date was Wednesday, December 31st. National Fuel Gas’s dividend payout ratio (DPR) is 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.