12,333 Shares in National Fuel Gas Company $NFG Bought by Caxton Associates LLP

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 National Fuel Gas Company (NYSE:NFG - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing 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.

Several other large investors also recently made changes to their positions in the business. Assetmark Inc. lifted its holdings 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 acquiring an additional 379 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position 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 purchasing an additional 304 shares during the period. Inlight Wealth Management LLC acquired a new position in shares of National Fuel Gas during the first quarter worth about $40,000. Cranbrook Wealth Management LLC acquired a new position in shares of National Fuel Gas during the first quarter worth about $40,000. Finally, Ameriflex Group Inc. purchased a new stake in shares of National Fuel Gas in the fourth quarter worth about $36,000. Institutional investors and hedge funds own 73.96% of the company's stock.

Wall Street Analysts Forecast Growth

NFG has been the topic of several analyst reports. Wall Street Zen downgraded National Fuel Gas from a "buy" rating to a "hold" rating in a report on Sunday, August 10th. 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 lifted their price objective for the company from $85.00 to $107.00 in a research note on Tuesday, July 15th. Finally, Zacks Research downgraded shares of National Fuel Gas from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. 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's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $96.67.

National Fuel Gas Stock Down 0.9%

Shares of NYSE:NFG traded down $0.83 during midday trading on Tuesday, reaching $86.80. The company had a trading volume of 515,831 shares, compared to its average volume of 468,212. National Fuel Gas Company has a one year low of $58.82 and a one year high of $89.82. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.46 and a quick ratio of 0.39. The stock has a market capitalization of $7.84 billion, a P/E ratio of 32.63, a PEG ratio of 0.52 and a beta of 0.61. The stock's fifty day moving average price is $86.88 and its 200-day moving average price is $82.32.

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, topping the consensus estimate of $1.50 by $0.14. The company had revenue of $531.83 million during the quarter, compared to analyst estimates of $596.12 million. National Fuel Gas had a net margin of 11.15% and a return on equity of 20.81%. The firm's revenue for the quarter was up 27.4% compared to the same quarter last year. During the same period last year, the business 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 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be issued a $0.535 dividend. This represents a $2.14 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 30th. National Fuel Gas's payout ratio is currently 80.45%.

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.