Hsbc Holdings PLC Has $13.36 Million Stock Holdings in National Fuel Gas Company $NFG

Key Points

• Hsbc Holdings PLC significantly increased its holdings in National Fuel Gas Company by 541.5%, owning approximately $13.36 million worth of the stock following the purchase of 142,493 additional shares.
• National Fuel Gas Company reported a quarterly earnings per share of $1.64, exceeding analysts' expectations, while also guiding for FY 2026 earnings between 8.000-8.500 EPS.
• The company recently increased its quarterly dividend to $0.535 per share, marking a rise from the previous dividend and representing an annualized yield of 2.5%.

Hsbc Holdings PLC lifted its position in National Fuel Gas Company (NYSE:NFG - Free Report) by 541.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 168,807 shares of the oil and gas producer's stock after purchasing an additional 142,493 shares during the quarter. Hsbc Holdings PLC owned 0.19% of National Fuel Gas worth $13,356,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in NFG. LSV Asset Management lifted its position in National Fuel Gas by 29.6% during the 1st quarter. LSV Asset Management now owns 2,153,236 shares of the oil and gas producer's stock worth $170,515,000 after buying an additional 491,890 shares in the last quarter. Invesco Ltd. lifted its position in National Fuel Gas by 93.7% during the 1st quarter. Invesco Ltd. now owns 951,069 shares of the oil and gas producer's stock worth $75,315,000 after buying an additional 460,100 shares in the last quarter. Mackenzie Financial Corp lifted its position in National Fuel Gas by 98.9% during the 1st quarter. Mackenzie Financial Corp now owns 715,645 shares of the oil and gas producer's stock worth $56,672,000 after buying an additional 355,800 shares in the last quarter. Northern Trust Corp lifted its position in National Fuel Gas by 37.9% during the 4th quarter. Northern Trust Corp now owns 1,019,072 shares of the oil and gas producer's stock worth $61,837,000 after buying an additional 279,857 shares in the last quarter. Finally, Jupiter Asset Management Ltd. acquired a new position in National Fuel Gas during the 1st quarter worth about $20,892,000. Institutional investors and hedge funds own 73.96% of the company's stock.

Analyst Upgrades and Downgrades

NFG has been the topic of several research reports. 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. Bank of America upgraded shares of National Fuel Gas from an "underperform" rating to a "buy" rating and upped their price target for the stock from $85.00 to $107.00 in a research report on Tuesday, July 15th. Scotiabank reiterated an "outperform" rating on shares of National Fuel Gas in a research report on Wednesday, August 13th. Finally, Zacks Research downgraded shares of National Fuel Gas from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. One investment 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 company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $96.67.

National Fuel Gas Trading Down 0.3%

National Fuel Gas stock traded down $0.24 during trading hours on Friday, reaching $86.71. 406,071 shares of the company's stock traded hands, compared to its average volume of 581,238. 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 Company has a fifty-two week low of $58.50 and a fifty-two week high of $89.82. The firm has a market capitalization of $7.83 billion, a price-to-earnings ratio of 32.60, a PEG ratio of 0.51 and a beta of 0.65. The firm's 50 day moving average is $86.27 and its 200-day moving average is $81.18.

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 (EPS) for the quarter, beating 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 company 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 company posted $0.99 EPS. The company's 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, analysts predict that National Fuel Gas Company will post 6.64 earnings per share for the current 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 given a $0.535 dividend. The ex-dividend date was Monday, June 30th. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.5%. This is a positive change from National Fuel Gas's previous quarterly dividend of $0.52. National Fuel Gas's dividend payout ratio is 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.