Financiere des Professionnels Fonds d investissement inc. Takes $598,000 Position in National Fuel Gas Company $NFG

Key Points

• Financiere des Professionnels Fonds d investissement inc. purchased a new stake in National Fuel Gas Company, acquiring 7,054 shares valued at approximately $598,000 in the second quarter.
• National Fuel Gas recently posted $1.64 EPS for the quarter, surpassing consensus estimates, and set future guidance for FY 2026 at 8.000-8.500 EPS.
• The company announced a quarterly dividend of $0.535 per share, with an annualized yield of 2.4%, payable on October 15th.

Financiere des Professionnels Fonds d investissement inc. purchased a new stake in National Fuel Gas Company (NYSE:NFG - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,054 shares of the oil and gas producer's stock, valued at approximately $598,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. LSV Asset Management grew its stake in National Fuel Gas by 29.6% in the 1st quarter. LSV Asset Management now owns 2,153,236 shares of the oil and gas producer's stock valued at $170,515,000 after purchasing an additional 491,890 shares during the period. Invesco Ltd. grew its stake in National Fuel Gas by 93.7% in the 1st quarter. Invesco Ltd. now owns 951,069 shares of the oil and gas producer's stock valued at $75,315,000 after purchasing an additional 460,100 shares during the period. Mackenzie Financial Corp grew its stake in National Fuel Gas by 98.9% in the 1st quarter. Mackenzie Financial Corp now owns 715,645 shares of the oil and gas producer's stock valued at $56,672,000 after purchasing an additional 355,800 shares during the period. Jupiter Asset Management Ltd. bought a new position in shares of National Fuel Gas during the 1st quarter worth $20,892,000. Finally, Nuveen LLC bought a new position in shares of National Fuel Gas during the 1st quarter worth $17,809,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

National Fuel Gas Price Performance

NYSE:NFG traded down $0.92 during mid-day trading on Friday, reaching $86.46. The stock had a trading volume of 1,125,648 shares, compared to its average volume of 628,631. The firm has a 50 day moving average price of $87.09 and a two-hundred day moving average price of $82.44. The stock has a market capitalization of $7.81 billion, a P/E ratio of 32.50, a P/E/G ratio of 0.52 and a beta of 0.61. 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 quick ratio of 0.39 and a current ratio of 0.46.

National Fuel Gas (NYSE:NFG - Get Free Report) last released its earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 earnings per share for the quarter, topping analysts' consensus estimates of $1.50 by $0.14. The company had revenue of $531.83 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. As a group, 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 declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a $0.535 dividend. This represents a $2.14 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 30th. National Fuel Gas's payout ratio is 80.45%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on NFG shares. Scotiabank reiterated an "outperform" rating on shares of National Fuel Gas in a research note on Wednesday, August 13th. Zacks Research downgraded National Fuel Gas from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. Bank of America upgraded National Fuel Gas from an "underperform" rating to a "buy" rating and raised their target price for the stock from $85.00 to $107.00 in a research note on Tuesday, July 15th. Finally, Wall Street Zen downgraded National Fuel Gas from a "buy" rating to a "hold" rating in a research note on Sunday, August 10th. One equities research 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, the company 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.