Vanguard Group Inc. Decreases Holdings in National Fuel Gas Company $NFG

Vanguard Group Inc. decreased its position in National Fuel Gas Company (NYSE:NFG) by 0.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,231,072 shares of the oil and gas producer’s stock after selling 67,671 shares during the quarter. Vanguard Group Inc. owned 13.54% of National Fuel Gas worth $1,129,784,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

National Fuel Gas Stock Performance

Shares of National Fuel Gas stock opened at $88.97 on Friday. National Fuel Gas Company has a 12 month low of $69.93 and a 12 month high of $94.13. The firm has a market capitalization of $8.45 billion, a P/E ratio of 12.41, a P/E/G ratio of 1.15 and a beta of 0.60. 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 business has a fifty day simple moving average of $82.63 and a two-hundred day simple moving average of $84.06.

National Fuel Gas (NYSE:NFG) last issued its quarterly earnings results on Wednesday, January 28th. The oil and gas producer reported $2.06 earnings per share (EPS) for the quarter, topping 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 company had revenue of $651.51 million during the quarter, compared to analyst estimates of $650.70 million. During the same period last year, the business earned $1.66 EPS. National Fuel Gas’s quarterly revenue 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. On average, equities analysts forecast that National Fuel Gas Company will post 6.64 earnings per share 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. Investors of record on Wednesday, December 31st were given a dividend of $0.535 per share. This represents a $2.14 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, December 31st. National Fuel Gas’s dividend payout ratio (DPR) is 29.85%.

Analyst Ratings Changes

Several analysts recently weighed in on NFG shares. Zacks Research cut shares of National Fuel Gas from a “hold” rating to a “strong sell” rating in a report 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, Scotiabank set a $101.00 price target on shares of National Fuel Gas in a research report on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target 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.