Concurrent Investment Advisors LLC Acquires 1,522 Shares of National Fuel Gas Company $NFG

Concurrent Investment Advisors LLC raised its stake in shares of National Fuel Gas Company (NYSE:NFGFree Report) by 41.7% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 5,170 shares of the oil and gas producer’s stock after acquiring an additional 1,522 shares during the period. Concurrent Investment Advisors LLC’s holdings in National Fuel Gas were worth $438,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Assetmark Inc. raised its holdings in shares of National Fuel Gas by 9,475.0% during the first quarter. Assetmark Inc. now owns 383 shares of the oil and gas producer’s stock valued at $30,000 after purchasing an additional 379 shares during the last quarter. Oliver Lagore Vanvalin Investment Group bought a new position in shares of National Fuel Gas during the 2nd quarter valued at $30,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of National Fuel Gas by 316.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 400 shares of the oil and gas producer’s stock worth $32,000 after buying an additional 304 shares during the last quarter. Inlight Wealth Management LLC bought a new stake in shares of National Fuel Gas in the first quarter worth $40,000. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new stake in National Fuel Gas during the first quarter valued at $55,000. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Analyst Ratings Changes

NFG has been the topic of several research reports. Bank of America raised National Fuel Gas from an “underperform” rating to a “buy” rating and raised their target price for the stock from $85.00 to $107.00 in a research report on Tuesday, July 15th. Zacks Research cut shares of National Fuel Gas from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 18th. Wall Street Zen lowered shares of National Fuel Gas from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of National Fuel Gas in a report on Tuesday, October 14th. Finally, Scotiabank cut shares of National Fuel Gas from an “outperform” rating to a “sector perform” rating and lifted their price target for the stock from $102.00 to $106.00 in a research note on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $98.00.

View Our Latest Report on National Fuel Gas

National Fuel Gas Price Performance

NYSE:NFG opened at $85.69 on Friday. The business’s 50-day simple moving average is $87.73 and its two-hundred day simple moving average is $84.19. National Fuel Gas Company has a 52 week low of $58.82 and a 52 week high of $94.13. The stock has a market cap of $7.74 billion, a PE ratio of 32.22, a P/E/G ratio of 0.43 and a beta of 0.58. 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:NFGGet Free Report) last released its earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.50 by $0.14. National Fuel Gas had a return on equity of 20.81% and a net margin of 11.15%.The firm had revenue of $531.83 million during the quarter, compared to analysts’ expectations of $596.12 million. During the same quarter last year, the business posted $0.99 earnings per share. The firm’s revenue was up 27.4% on a year-over-year basis. National Fuel Gas has set its FY 2026 guidance at 8.000-8.500 EPS. FY 2025 guidance at 6.800-6.950 EPS. As a group, analysts forecast that National Fuel Gas Company will post 6.64 EPS for the current fiscal year.

National Fuel Gas Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a $0.535 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $2.14 annualized dividend and a yield of 2.5%. National Fuel Gas’s payout ratio is presently 80.45%.

National Fuel Gas Profile

(Free Report)

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.

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Institutional Ownership by Quarter for National Fuel Gas (NYSE:NFG)

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