Orion Porfolio Solutions LLC Boosts Stock Position in National Fuel Gas Company $NFG

Orion Porfolio Solutions LLC raised its holdings in National Fuel Gas Company (NYSE:NFG) by 31.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 45,118 shares of the oil and gas producer’s stock after purchasing an additional 10,773 shares during the period. Orion Porfolio Solutions LLC’s holdings in National Fuel Gas were worth $4,168,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Norges Bank bought a new stake in shares of National Fuel Gas in the second quarter worth $91,964,000. Qube Research & Technologies Ltd raised its holdings in National Fuel Gas by 642.7% in the second quarter. Qube Research & Technologies Ltd now owns 465,830 shares of the oil and gas producer’s stock valued at $39,460,000 after acquiring an additional 403,107 shares in the last quarter. Jupiter Asset Management Ltd. boosted its stake in National Fuel Gas by 99.6% during the 3rd quarter. Jupiter Asset Management Ltd. now owns 465,254 shares of the oil and gas producer’s stock valued at $42,976,000 after acquiring an additional 232,130 shares during the last quarter. AQR Capital Management LLC boosted its stake in National Fuel Gas by 17.6% during the 2nd quarter. AQR Capital Management LLC now owns 1,051,086 shares of the oil and gas producer’s stock valued at $89,038,000 after acquiring an additional 157,220 shares during the last quarter. Finally, State Street Corp grew its holdings in National Fuel Gas by 3.4% during the 2nd quarter. State Street Corp now owns 4,035,345 shares of the oil and gas producer’s stock worth $343,962,000 after acquiring an additional 132,855 shares in the last quarter. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

National Fuel Gas Stock Performance

Shares of NFG opened at $92.96 on Monday. The business’s fifty day moving average price is $84.45 and its 200 day moving average price is $84.30. National Fuel Gas Company has a 12-month low of $69.93 and a 12-month high of $94.13. The stock has a market capitalization of $8.83 billion, a PE ratio of 12.97, a price-to-earnings-growth ratio of 1.20 and a beta of 0.57. 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 (NYSE:NFG) last released its earnings results on Wednesday, January 28th. The oil and gas producer reported $2.06 earnings per share for the quarter, beating the consensus estimate of $1.91 by $0.15. National Fuel Gas had a net margin of 27.65% and a return on equity of 21.45%. The firm had revenue of $651.51 million during 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 firm’s revenue for the quarter was up 18.6% compared to the same quarter last year. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. Equities research analysts forecast that National Fuel Gas Company will post 6.64 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on NFG shares. Weiss Ratings reissued a “buy (b-)” rating on shares of National Fuel Gas in a research report on Monday, December 29th. Zacks Research cut shares of National Fuel Gas from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 21st. Finally, Scotiabank set a $101.00 price target on National Fuel Gas in a research note on Wednesday, January 21st. Two 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. Based on data from MarketBeat.com, National Fuel Gas currently has an average rating of “Hold” and an average target price of $96.33.

National Fuel Gas Company 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.