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 position in National Fuel Gas Company (NYSE:NFG - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 7,054 shares of the oil and gas producer's stock, valued at approximately $598,000.

Other institutional investors have also added to or reduced their stakes in the company. Parallel Advisors LLC increased its holdings in shares of National Fuel Gas by 2.8% in the 2nd quarter. Parallel Advisors LLC now owns 4,784 shares of the oil and gas producer's stock worth $405,000 after buying an additional 129 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of National Fuel Gas by 3.0% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,285 shares of the oil and gas producer's stock worth $419,000 after buying an additional 156 shares during the last quarter. Horizon Investment Services LLC increased its holdings in shares of National Fuel Gas by 2.5% in the 1st quarter. Horizon Investment Services LLC now owns 6,618 shares of the oil and gas producer's stock worth $524,000 after buying an additional 162 shares during the last quarter. Donald L. Hagan LLC increased its holdings in shares of National Fuel Gas by 1.2% in the 1st quarter. Donald L. Hagan LLC now owns 15,598 shares of the oil and gas producer's stock worth $1,235,000 after buying an additional 183 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in National Fuel Gas by 0.9% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 22,746 shares of the oil and gas producer's stock worth $1,801,000 after buying an additional 209 shares during the last quarter. 73.96% of the stock is currently owned by institutional investors.

National Fuel Gas Stock Performance

NYSE NFG traded down $0.92 during mid-day trading on Friday, reaching $86.46. 1,125,648 shares of the stock were exchanged, compared to its average volume of 445,660. The business's 50 day moving average is $87.17 and its 200-day moving average is $82.58. National Fuel Gas Company has a 1 year low of $58.82 and a 1 year high of $89.82. The company has a market capitalization of $7.81 billion, a P/E ratio of 32.50, a P/E/G ratio of 0.51 and a beta of 0.61. 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 announced 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 net margin of 11.15% and a return on equity of 20.81%. The firm had revenue of $531.83 million for the quarter, compared to the consensus estimate of $596.12 million. During the same period in the prior year, the firm posted $0.99 earnings per share. The firm'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 forecast that National Fuel Gas Company will post 6.64 EPS for the current fiscal year.

National Fuel Gas Dividend Announcement

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

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Zacks Research downgraded National Fuel Gas from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. Scotiabank reaffirmed an "outperform" rating on shares of National Fuel Gas in a research note on Wednesday, August 13th. Wall Street Zen cut shares of National Fuel Gas from a "buy" rating to a "hold" rating in a research note on Sunday, August 10th. Finally, Bank of America raised shares of National Fuel Gas from an "underperform" rating to a "buy" rating and lifted their price target for the stock from $85.00 to $107.00 in a research note on Tuesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, National Fuel Gas has a consensus rating of "Moderate Buy" and a consensus 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.