Caxton Associates LLP Invests $977,000 in National Fuel Gas Company $NFG

Key Points

• Caxton Associates LLP has acquired a new stake in National Fuel Gas Company, purchasing 12,333 shares valued at approximately $977,000 during the 1st quarter.
• Several institutional investors, including LSV Asset Management and Invesco, have significantly increased their holdings in National Fuel Gas, indicating growing interest in the company.
• National Fuel Gas reported earnings of $1.64 per share for the last quarter, exceeding analysts' expectations, with revenue growth of 27.4% year-over-year despite falling short of revenue forecasts.

Caxton Associates LLP acquired a new position in shares of National Fuel Gas Company (NYSE:NFG - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,333 shares of the oil and gas producer's stock, valued at approximately $977,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of NFG. Assetmark Inc. boosted its position in 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 worth $30,000 after acquiring an additional 379 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in National Fuel Gas by 316.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 400 shares of the oil and gas producer's stock worth $32,000 after purchasing an additional 304 shares during the last quarter. Inlight Wealth Management LLC bought a new position in National Fuel Gas in the first quarter valued at $40,000. Cranbrook Wealth Management LLC acquired a new stake in National Fuel Gas in the 1st quarter valued at $40,000. Finally, Ameriflex Group Inc. bought a new stake in National Fuel Gas during the 4th quarter worth about $36,000. Institutional investors and hedge funds own 73.96% of the company's stock.

National Fuel Gas Stock Performance

Shares of NFG traded up $0.17 during midday trading on Friday, reaching $88.20. 368,859 shares of the stock were exchanged, compared to its average volume of 489,658. The stock's 50 day simple moving average is $86.72 and its 200 day simple moving average is $82.14. The company has a market cap of $7.97 billion, a P/E ratio of 33.16, a PEG ratio of 0.52 and a beta of 0.61. National Fuel Gas Company has a twelve month low of $58.82 and a twelve month high of $89.82. The company has a quick ratio of 0.39, a current ratio of 0.46 and a debt-to-equity ratio of 0.80.

National Fuel Gas (NYSE:NFG - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 EPS for the quarter, topping analysts' consensus estimates of $1.50 by $0.14. National Fuel Gas had a net margin of 11.15% and a return on equity of 20.81%. The business had revenue of $531.83 million for the quarter, compared to analyst estimates of $596.12 million. During the same period last year, the firm earned $0.99 earnings per share. National Fuel Gas's revenue for the quarter 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. 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 will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.535 per share. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Tuesday, September 30th. National Fuel Gas's dividend payout ratio is presently 80.45%.

Analyst Ratings Changes

Several research analysts have weighed in on NFG shares. Scotiabank reaffirmed an "outperform" rating on shares of National Fuel Gas in a research report on Wednesday, August 13th. Bank of America upgraded 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 report on Tuesday, July 15th. Zacks Research cut shares of National Fuel Gas from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $96.67.

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.