Interval Partners LP Makes New $1.28 Million Investment in National Fuel Gas Company $NFG

Key Points

• Interval Partners LP has invested $1.28 million in National Fuel Gas Company, acquiring 16,097 shares valued at approximately $1,275,000 during the first quarter.
• Analysts have mixed ratings on National Fuel Gas, with Zacks Research downgrading it to a "hold" while Bank of America upgraded it to a "buy" with a new price target of $107.
• National Fuel Gas recently increased its quarterly dividend to $0.535, raising the annualized dividend to $2.14, which represents a yield of 2.5%.

Interval Partners LP bought a new stake in National Fuel Gas Company (NYSE:NFG - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 16,097 shares of the oil and gas producer's stock, valued at approximately $1,275,000.

A number of other hedge funds have also added to or reduced their stakes in NFG. Assetmark Inc. grew its position in National Fuel Gas by 9,475.0% in the first quarter. Assetmark Inc. now owns 383 shares of the oil and gas producer's stock valued at $30,000 after purchasing an additional 379 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew 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 in the last quarter. Ameriflex Group Inc. bought a new position in National Fuel Gas in the fourth quarter valued at $36,000. Cranbrook Wealth Management LLC bought a new position in National Fuel Gas in the first quarter valued at $40,000. Finally, Inlight Wealth Management LLC bought a new position in National Fuel Gas in the first quarter valued at $40,000. Institutional investors own 73.96% of the company's stock.

National Fuel Gas Stock Performance

Shares of NYSE NFG traded up $0.64 during mid-day trading on Tuesday, reaching $86.01. 473,409 shares of the company were exchanged, compared to its average volume of 633,199. The company's 50-day simple moving average is $86.46 and its 200-day simple moving average is $81.82. The company has a quick ratio of 0.39, a current ratio of 0.46 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $7.77 billion, a P/E ratio of 32.33, a P/E/G ratio of 0.51 and a beta of 0.61. National Fuel Gas Company has a twelve month low of $58.82 and a twelve month high of $89.82.

National Fuel Gas (NYSE:NFG - Get Free Report) last posted its 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. The company had revenue of $531.83 million during the quarter, compared to analysts' expectations of $596.12 million. National Fuel Gas had a net margin of 11.15% and a return on equity of 20.81%. National Fuel Gas's quarterly revenue was up 27.4% compared to the same quarter last year. During the same quarter last 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, research analysts predict that National Fuel Gas Company will post 6.64 earnings per share for the current year.

National Fuel Gas Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were paid a dividend of $0.535 per share. 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 boost from National Fuel Gas's previous quarterly dividend of $0.52. National Fuel Gas's dividend payout ratio is 80.45%.

Analyst Upgrades and Downgrades

NFG has been the subject of a number of recent analyst reports. 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. Bank of America upgraded shares of National Fuel Gas from an "underperform" rating to a "buy" rating and increased their price target for the company from $85.00 to $107.00 in a research note on Tuesday, July 15th. Scotiabank reiterated an "outperform" rating on shares of National Fuel Gas in a research note on Wednesday, August 13th. Finally, Zacks Research cut shares of National Fuel Gas from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $96.67.

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.