LSV Asset Management Trims Stock Holdings in National Fuel Gas Company $NFG

LSV Asset Management reduced its holdings in National Fuel Gas Company (NYSE:NFG) by 2.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,799,250 shares of the oil and gas producer’s stock after selling 46,200 shares during the quarter. LSV Asset Management’s holdings in National Fuel Gas were worth $144,048,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. New Age Alpha Advisors LLC increased its stake in National Fuel Gas by 4.2% in the third quarter. New Age Alpha Advisors LLC now owns 3,184 shares of the oil and gas producer’s stock valued at $294,000 after purchasing an additional 128 shares during the last quarter. Legacy Bridge LLC increased its stake in National Fuel Gas by 0.7% in the fourth quarter. Legacy Bridge LLC now owns 17,927 shares of the oil and gas producer’s stock valued at $1,435,000 after purchasing an additional 132 shares during the last quarter. NewEdge Wealth LLC increased its stake in National Fuel Gas by 6.2% in the fourth quarter. NewEdge Wealth LLC now owns 2,680 shares of the oil and gas producer’s stock valued at $215,000 after purchasing an additional 156 shares during the last quarter. OneDigital Investment Advisors LLC increased its stake in National Fuel Gas by 5.3% in the third quarter. OneDigital Investment Advisors LLC now owns 3,238 shares of the oil and gas producer’s stock valued at $299,000 after purchasing an additional 164 shares during the last quarter. Finally, Park Avenue Securities LLC increased its stake in National Fuel Gas by 1.4% in the fourth quarter. Park Avenue Securities LLC now owns 12,050 shares of the oil and gas producer’s stock valued at $965,000 after purchasing an additional 169 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors and hedge funds.

National Fuel Gas Stock Performance

Shares of NYSE:NFG opened at $81.02 on Friday. The firm has a market capitalization of $7.70 billion, a PE ratio of 10.96, a P/E/G ratio of 1.77 and a beta of 0.41. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.62 and a quick ratio of 0.55. The business has a 50-day moving average of $88.98 and a two-hundred day moving average of $85.26. National Fuel Gas Company has a 12 month low of $77.22 and a 12 month high of $97.06.

National Fuel Gas (NYSE:NFG) last announced its quarterly earnings results on Wednesday, April 29th. The oil and gas producer reported $2.71 EPS for the quarter, missing the consensus estimate of $2.85 by ($0.14). The firm had revenue of $858.37 million for the quarter, compared to analyst estimates of $856.57 million. National Fuel Gas had a return on equity of 20.62% and a net margin of 27.48%.The business’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.39 earnings per share. National Fuel Gas has set its FY 2026 guidance at 7.450-7.750 EPS. As a group, research analysts forecast that National Fuel Gas Company will post 7.66 earnings per share for the current year.

National Fuel Gas Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.535 per share. The ex-dividend date was Tuesday, March 31st. This represents a $2.14 annualized dividend and a yield of 2.6%. National Fuel Gas’s dividend payout ratio is currently 28.96%.

Analyst Ratings Changes

Several research firms recently commented on NFG. Zacks Research upgraded National Fuel Gas from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. KeyCorp began coverage on National Fuel Gas in a research note on Tuesday, April 7th. They issued an “overweight” rating and a $110.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $106.00.

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.