48,610 Shares in National Fuel Gas Company $NFG Acquired by Cubist Systematic Strategies LLC

Key Points

• Cubist Systematic Strategies LLC acquired 48,610 shares of National Fuel Gas Company, valued at approximately $3.8 million, representing about 0.05% ownership in the firm.
• National Fuel Gas recently reported earnings of $1.64 per share, exceeding expectations, and has set its FY 2026 guidance between $8.000 and $8.500 EPS.
• The company announced a quarterly dividend increase to $0.535 per share, up from $0.52, resulting in an annualized yield of 2.5%.

Cubist Systematic Strategies LLC bought a new position in National Fuel Gas Company (NYSE:NFG - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 48,610 shares of the oil and gas producer's stock, valued at approximately $3,849,000. Cubist Systematic Strategies LLC owned approximately 0.05% of National Fuel Gas as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NFG. OneDigital Investment Advisors LLC bought a new stake in National Fuel Gas in the 1st quarter valued at $203,000. Cambridge Investment Research Advisors Inc. grew its position in shares of National Fuel Gas by 5.7% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 13,184 shares of the oil and gas producer's stock valued at $1,044,000 after purchasing an additional 712 shares in the last quarter. KBC Group NV increased its holdings in shares of National Fuel Gas by 18.5% in the first quarter. KBC Group NV now owns 3,908 shares of the oil and gas producer's stock worth $309,000 after purchasing an additional 609 shares during the last quarter. Greenleaf Trust bought a new stake in shares of National Fuel Gas in the first quarter worth about $259,000. Finally, Picton Mahoney Asset Management lifted its position in shares of National Fuel Gas by 29,652.6% in the first quarter. Picton Mahoney Asset Management now owns 5,653 shares of the oil and gas producer's stock worth $448,000 after buying an additional 5,634 shares in the last quarter. Institutional investors own 73.96% of the company's stock.

National Fuel Gas Trading Up 1.1%

Shares of NYSE NFG traded up $0.97 during trading hours on Wednesday, hitting $86.98. 532,862 shares of the company traded hands, compared to its average volume of 488,724. The company's 50 day moving average price is $86.56 and its 200 day moving average price is $81.88. National Fuel Gas Company has a 12 month low of $58.82 and a 12 month high of $89.82. The stock has a market capitalization of $7.86 billion, a price-to-earnings ratio of 32.70, a price-to-earnings-growth ratio of 0.51 and a beta of 0.61. The company has a current ratio of 0.46, a quick ratio of 0.39 and a debt-to-equity ratio of 0.80.

National Fuel Gas (NYSE:NFG - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The oil and gas producer reported $1.64 EPS for the quarter, topping the consensus estimate 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 company had revenue of $531.83 million during the quarter, compared to analyst estimates of $596.12 million. During the same period in the previous year, the firm earned $0.99 earnings per share. National Fuel Gas's quarterly 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. On average, equities research analysts anticipate that National Fuel Gas Company will post 6.64 earnings per share for the current fiscal year.

National Fuel Gas Increases Dividend

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

Analysts Set New Price Targets

NFG has been the subject of several research analyst reports. Wall Street Zen cut National Fuel Gas from a "buy" rating to a "hold" rating in a report on Sunday, August 10th. Zacks Research lowered shares of National Fuel Gas from a "strong-buy" rating to a "hold" rating in a report on Monday, August 18th. Bank of America raised shares of National Fuel Gas from an "underperform" rating to a "buy" rating and upped their price target for the company from $85.00 to $107.00 in a research note on Tuesday, July 15th. Finally, Scotiabank reissued 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 assigned a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $96.67.

National Fuel Gas 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.