5,974 Shares in National Fuel Gas Company $NFG Bought by United Services Automobile Association

Key Points

• United Services Automobile Association acquired 5,974 shares of National Fuel Gas Company, valued at approximately $471,000, as noted in its recent SEC filing.
• A number of hedge funds significantly increased their stakes in National Fuel Gas, with Assetmark Inc. raising its holdings by 9,475%.
• Wall Street analysts have mixed sentiments on the company, with ratings ranging from a Strong Buy to a Hold, while the consensus target price is set at $96.67.

United Services Automobile Association acquired a new position in shares of National Fuel Gas Company (NYSE:NFG - Free Report) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 5,974 shares of the oil and gas producer's stock, valued at approximately $471,000.

A number of other hedge funds have also recently made changes to their positions in NFG. Assetmark Inc. raised its stake in National Fuel Gas by 9,475.0% in the first quarter. Assetmark Inc. now owns 383 shares of the oil and gas producer's stock valued at $30,000 after buying an additional 379 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in National Fuel Gas by 316.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 400 shares of the oil and gas producer's stock valued at $32,000 after buying an additional 304 shares during the last quarter. Ameriflex Group Inc. purchased a new stake in National Fuel Gas in the fourth quarter valued at about $36,000. Cranbrook Wealth Management LLC purchased a new stake in National Fuel Gas in the first quarter valued at about $40,000. Finally, Inlight Wealth Management LLC purchased a new stake in National Fuel Gas in the first quarter valued at about $40,000. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Zacks Research cut National Fuel Gas from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. Wall Street Zen cut National Fuel Gas from a "buy" rating to a "hold" rating in a research note on Sunday, August 10th. Bank of America upgraded National Fuel Gas from an "underperform" rating to a "buy" rating and increased their price target for the company from $85.00 to $107.00 in a research note on Tuesday, July 15th. Finally, Scotiabank reiterated an "outperform" rating on shares of National Fuel Gas in a research note on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $96.67.

National Fuel Gas Stock Up 1.1%

Shares of NFG stock opened at $86.98 on Thursday. The stock's 50-day simple moving average is $86.56 and its 200-day simple moving average is $81.88. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.39 and a current ratio of 0.46. The firm has a market capitalization of $7.86 billion, a PE ratio of 32.70, a P/E/G ratio of 0.51 and a beta of 0.61. National Fuel Gas Company has a fifty-two week low of $58.82 and a fifty-two week high of $89.82.

National Fuel Gas (NYSE:NFG - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The oil and gas producer reported $1.64 earnings per share for the quarter, beating analysts' consensus estimates of $1.50 by $0.14. The business had revenue of $531.83 million for 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 was up 27.4% on a year-over-year basis. During the same period 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 expect that National Fuel Gas Company will post 6.64 earnings per share for the current year.

About National Fuel Gas

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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