National Fuel Gas Company $NFG Stock Position Lifted by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC boosted its stake in shares of National Fuel Gas Company (NYSE:NFG) by 8.5% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,388 shares of the oil and gas producer’s stock after purchasing an additional 345 shares during the period. Sequoia Financial Advisors LLC’s holdings in National Fuel Gas were worth $372,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. OneDigital Investment Advisors LLC purchased a new position in National Fuel Gas during the first quarter valued at approximately $203,000. Cambridge Investment Research Advisors Inc. grew its position in National Fuel Gas by 5.7% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 13,184 shares of the oil and gas producer’s stock valued at $1,044,000 after purchasing an additional 712 shares in the last quarter. KBC Group NV grew its position in National Fuel Gas by 18.5% during the first quarter. KBC Group NV now owns 3,908 shares of the oil and gas producer’s stock valued at $309,000 after purchasing an additional 609 shares in the last quarter. Greenleaf Trust purchased a new position in National Fuel Gas during the first quarter valued at approximately $259,000. Finally, Picton Mahoney Asset Management grew its position in National Fuel Gas by 29,652.6% in the first quarter. Picton Mahoney Asset Management now owns 5,653 shares of the oil and gas producer’s stock worth $448,000 after acquiring an additional 5,634 shares in the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on NFG shares. Weiss Ratings reissued a “hold (c+)” rating on shares of National Fuel Gas in a research report on Tuesday, October 14th. Wall Street Zen downgraded shares of National Fuel Gas from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Scotiabank downgraded shares of National Fuel Gas from an “outperform” rating to a “sector perform” rating and boosted their target price for the stock from $102.00 to $106.00 in a research report on Thursday, October 9th. Zacks Research downgraded shares of National Fuel Gas from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. Finally, Bank of America raised shares of National Fuel Gas from an “underperform” rating to a “buy” rating and boosted their target price for the stock from $85.00 to $107.00 in a research report on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, National Fuel Gas has an average rating of “Moderate Buy” and a consensus price target of $98.00.

National Fuel Gas Price Performance

Shares of National Fuel Gas stock opened at $82.49 on Wednesday. The firm has a fifty day simple moving average of $87.60 and a 200-day simple moving average of $84.31. The company has a current ratio of 0.46, a quick ratio of 0.39 and a debt-to-equity ratio of 0.80. National Fuel Gas Company has a 1-year low of $58.82 and a 1-year high of $94.13. The stock has a market capitalization of $7.45 billion, a price-to-earnings ratio of 31.01, a PEG ratio of 0.43 and a beta of 0.58.

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

National Fuel Gas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were paid a dividend of $0.535 per share. This represents a $2.14 annualized dividend and a yield of 2.6%. The ex-dividend date was Tuesday, September 30th. National Fuel Gas’s dividend payout ratio is presently 80.45%.

National Fuel Gas Company 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.