National Fuel Gas Company $NFG Shares Sold by IVC Wealth Advisors LLC

IVC Wealth Advisors LLC trimmed its position in National Fuel Gas Company (NYSE:NFG) by 9.2% in the second quarter, HoldingsChannel.com reports. The firm owned 4,977 shares of the oil and gas producer’s stock after selling 505 shares during the quarter. IVC Wealth Advisors LLC’s holdings in National Fuel Gas were worth $422,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Hennessy Advisors Inc. lifted its position in shares of National Fuel Gas by 4.4% during the 2nd quarter. Hennessy Advisors Inc. now owns 87,924 shares of the oil and gas producer’s stock valued at $7,448,000 after acquiring an additional 3,700 shares during the last quarter. Consolidated Planning Corp lifted its position in shares of National Fuel Gas by 10.9% during the 2nd quarter. Consolidated Planning Corp now owns 16,357 shares of the oil and gas producer’s stock valued at $1,386,000 after acquiring an additional 1,614 shares during the last quarter. Old Port Advisors lifted its position in shares of National Fuel Gas by 0.7% during the 2nd quarter. Old Port Advisors now owns 30,487 shares of the oil and gas producer’s stock valued at $2,583,000 after acquiring an additional 200 shares during the last quarter. Sheets Smith Wealth Management acquired a new stake in shares of National Fuel Gas during the 2nd quarter valued at $676,000. Finally, Fortitude Family Office LLC lifted its position in shares of National Fuel Gas by 1,258.0% during the 2nd quarter. Fortitude Family Office LLC now owns 1,195 shares of the oil and gas producer’s stock valued at $101,000 after acquiring an additional 1,107 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

National Fuel Gas Price Performance

NFG opened at $88.63 on Friday. The stock has a fifty day moving average of $87.90 and a 200-day moving average of $83.68. The firm has a market capitalization of $8.01 billion, a P/E ratio of 33.32, a PEG ratio of 0.42 and a beta of 0.58. National Fuel Gas Company has a 12-month low of $58.82 and a 12-month high of $94.13. The company has a quick ratio of 0.39, a current ratio of 0.46 and a debt-to-equity ratio of 0.80.

National Fuel Gas (NYSE:NFG) last released its earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.50 by $0.14. The company had revenue of $531.83 million during the quarter, compared to analyst estimates of $596.12 million. National Fuel Gas had a return on equity of 20.81% and a net margin of 11.15%.The company’s revenue for the quarter was up 27.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.99 earnings per share. National Fuel Gas has set its FY 2026 guidance at 8.000-8.500 EPS. FY 2025 guidance at 6.800-6.950 EPS. Equities analysts forecast that National Fuel Gas Company will post 6.64 EPS for the current fiscal year.

National Fuel Gas Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be issued a dividend of $0.535 per share. This represents a $2.14 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 30th. National Fuel Gas’s dividend payout ratio (DPR) is currently 80.45%.

Wall Street Analysts Forecast Growth

NFG has been the subject of a number of recent research reports. Wall Street Zen downgraded National Fuel Gas from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of National Fuel Gas in a research report on Saturday, September 27th. Bank of America upgraded National Fuel Gas from an “underperform” rating to a “buy” rating and increased their price objective for the company from $85.00 to $107.00 in a research report on Tuesday, July 15th. Scotiabank restated an “outperform” rating on shares of National Fuel Gas in a report on Wednesday, August 13th. Finally, Zacks Research lowered National Fuel Gas from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $96.67.

National Fuel Gas Profile

National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil. The Pipeline and Storage segment provides interstate natural gas transportation services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields.