Callan Family Office LLC Invests $264,000 in National Fuel Gas Company $NFG

Key Points

• Callan Family Office LLC invested approximately $264,000 in National Fuel Gas Company, acquiring 3,117 shares during the 2nd quarter.
• National Fuel Gas reported $1.64 earnings per share for the latest quarter, surpassing analyst expectations, while its revenue rose by 27.4% year-over-year.
• The company has recently set fiscal year 2026 earnings guidance between $8.000 and $8.500 per share, indicating positive growth expectations.

Callan Family Office LLC acquired a new position in shares of National Fuel Gas Company (NYSE:NFG - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 3,117 shares of the oil and gas producer's stock, valued at approximately $264,000.

Several other hedge funds have also modified their holdings of NFG. Assetmark Inc. increased its position in shares of National Fuel Gas by 9,475.0% during the 1st 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 approximately $30,000. Northwestern Mutual Wealth Management Co. increased its position in shares of National Fuel Gas by 316.7% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 400 shares of the oil and gas producer's stock valued at $32,000 after purchasing an additional 304 shares during the last quarter. Inlight Wealth Management LLC bought a new position in shares of National Fuel Gas during the 1st quarter valued at approximately $40,000. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of National Fuel Gas during the 1st quarter valued at approximately $55,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

National Fuel Gas Stock Performance

Shares of National Fuel Gas stock opened at $85.20 on Friday. National Fuel Gas Company has a 52 week low of $58.82 and a 52 week high of $94.13. The company has a quick ratio of 0.39, a current ratio of 0.46 and a debt-to-equity ratio of 0.80. The stock's fifty day moving average is $87.78 and its two-hundred day moving average is $84.12. The company has a market capitalization of $7.70 billion, a PE ratio of 32.03, a price-to-earnings-growth ratio of 0.43 and a beta of 0.58.

National Fuel Gas (NYSE:NFG - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 business had revenue of $531.83 million for the quarter, compared to the consensus estimate of $596.12 million. During the same quarter in the prior year, the company earned $0.99 EPS. The business's revenue was up 27.4% compared to the same quarter last year. 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 expect that National Fuel Gas Company will post 6.64 earnings per share for the current year.

National Fuel Gas Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Tuesday, September 30th. National Fuel Gas's dividend payout ratio is 80.45%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on NFG. Zacks Research downgraded National Fuel Gas from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. Wall Street Zen downgraded National Fuel Gas from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. Scotiabank downgraded National Fuel Gas from an "outperform" rating to a "sector perform" rating and boosted their target price for the company from $102.00 to $106.00 in a research report on Thursday, October 9th. Bank of America raised National Fuel Gas from an "underperform" rating to a "buy" rating and upped their price objective for the company from $85.00 to $107.00 in a research report on Tuesday, July 15th. Finally, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of National Fuel Gas in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, National Fuel Gas currently has an average rating of "Moderate Buy" and a consensus price target of $98.00.

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.

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