Aptus Capital Advisors LLC Acquires Shares of 104,398 National Fuel Gas Company $NFG

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

Aptus Capital Advisors LLC bought a new stake in National Fuel Gas Company (NYSE:NFG - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 104,398 shares of the oil and gas producer's stock, valued at approximately $8,267,000. Aptus Capital Advisors LLC owned about 0.12% of National Fuel Gas as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Connor Clark & Lunn Investment Management Ltd. grew its holdings in National Fuel Gas by 3.0% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,285 shares of the oil and gas producer's stock valued at $419,000 after buying an additional 156 shares during the last quarter. Horizon Investment Services LLC grew its holdings in National Fuel Gas by 2.5% in the 1st quarter. Horizon Investment Services LLC now owns 6,618 shares of the oil and gas producer's stock valued at $524,000 after buying an additional 162 shares during the last quarter. Donald L. Hagan LLC grew its holdings in National Fuel Gas by 1.2% in the 1st quarter. Donald L. Hagan LLC now owns 15,598 shares of the oil and gas producer's stock valued at $1,235,000 after buying an additional 183 shares during the last quarter. Captrust Financial Advisors grew its holdings in National Fuel Gas by 2.9% in the 4th quarter. Captrust Financial Advisors now owns 7,288 shares of the oil and gas producer's stock valued at $442,000 after buying an additional 204 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of National Fuel Gas by 0.9% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 22,746 shares of the oil and gas producer's stock worth $1,801,000 after purchasing an additional 209 shares in the last quarter. Institutional investors and hedge funds own 73.96% of the company's stock.

National Fuel Gas Price Performance

NFG stock traded down $0.2550 during trading on Friday, hitting $87.1250. The company had a trading volume of 450,672 shares, compared to its average volume of 652,638. The company has a fifty day moving average price of $86.07 and a two-hundred day moving average price of $80.61. The company has a current ratio of 0.46, a quick ratio of 0.39 and a debt-to-equity ratio of 0.80. The company has a market cap of $7.87 billion, a P/E ratio of 32.75, a P/E/G ratio of 0.51 and a beta of 0.65. National Fuel Gas Company has a fifty-two week low of $58.50 and a fifty-two week high of $89.82.

National Fuel Gas (NYSE:NFG - Get Free Report) last announced its quarterly 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 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%.National Fuel Gas's quarterly revenue was up 27.4% on a year-over-year basis. During the same quarter in the previous year, the firm 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. Equities research analysts expect that National Fuel Gas Company will post 6.64 earnings per share for the current fiscal year.

National Fuel Gas Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were paid a $0.535 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $2.14 annualized dividend and a yield of 2.5%. This is a positive change from National Fuel Gas's previous quarterly dividend of $0.52. National Fuel Gas's payout ratio is presently 80.45%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on NFG. Bank of America raised National Fuel Gas from an "underperform" rating to a "buy" rating and lifted their price objective for the stock from $85.00 to $107.00 in a report on Tuesday, July 15th. Wall Street Zen lowered National Fuel Gas from a "buy" rating to a "hold" rating in a report on Sunday, August 10th. Zacks Research lowered National Fuel Gas from a "strong-buy" rating to a "hold" rating in a report on Monday, August 18th. Finally, Scotiabank reissued an "outperform" rating on shares of National Fuel Gas in a report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, National Fuel Gas has a consensus rating of "Moderate Buy" and an average price target of $96.67.

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.