Kwmg LLC Has $8.25 Million Stock Holdings in National Fuel Gas Company $NFG

Key Points

• Kwmg LLC reduced its stake in National Fuel Gas Company by 3.9%, holding 97,349 shares valued at approximately $8.25 million after selling shares in the 2nd quarter.
• National Fuel Gas reported a net income margin of 11.15% and a year-over-year revenue increase of 27.4%, with quarterly EPS exceeding analysts' estimates.
• The company declared a quarterly dividend of $0.535, with a dividend yield of 2.4%, to be paid on October 15th to shareholders recorded by September 30th.

Kwmg LLC cut its position in National Fuel Gas Company (NYSE:NFG - Free Report) by 3.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 97,349 shares of the oil and gas producer's stock after selling 3,961 shares during the period. Kwmg LLC owned 0.11% of National Fuel Gas worth $8,246,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Fortitude Family Office LLC grew its stake in shares of National Fuel Gas by 1,258.0% in the 2nd quarter. Fortitude Family Office LLC now owns 1,195 shares of the oil and gas producer's stock valued at $101,000 after buying an additional 1,107 shares during the period. Cardinal Capital Management grew its stake in shares of National Fuel Gas by 3.0% in the 2nd quarter. Cardinal Capital Management now owns 98,794 shares of the oil and gas producer's stock valued at $8,421,000 after buying an additional 2,909 shares during the period. GAMMA Investing LLC grew its stake in shares of National Fuel Gas by 11.7% in the 2nd quarter. GAMMA Investing LLC now owns 1,857 shares of the oil and gas producer's stock valued at $157,000 after buying an additional 195 shares during the period. Park Avenue Securities LLC grew its stake in shares of National Fuel Gas by 156.3% in the 2nd quarter. Park Avenue Securities LLC now owns 9,325 shares of the oil and gas producer's stock valued at $790,000 after buying an additional 5,686 shares during the period. Finally, UMB Bank n.a. grew its stake in shares of National Fuel Gas by 19.6% in the 2nd quarter. UMB Bank n.a. now owns 1,012 shares of the oil and gas producer's stock valued at $86,000 after buying an additional 166 shares during the period. 73.96% of the stock is currently owned by institutional investors and hedge funds.

National Fuel Gas Trading Up 1.1%

NYSE:NFG opened at $87.48 on Tuesday. The company has a current ratio of 0.46, a quick ratio of 0.39 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $7.90 billion, a PE ratio of 32.89, a price-to-earnings-growth ratio of 0.51 and a beta of 0.61. The firm's 50 day moving average is $87.24 and its 200 day moving average is $82.73. National Fuel Gas Company has a 12 month low of $58.82 and a 12 month high of $89.82.

National Fuel Gas (NYSE:NFG - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 EPS for the quarter, topping analysts' consensus estimates of $1.50 by $0.14. The company had revenue of $531.83 million for 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 revenue was up 27.4% on a year-over-year basis. During the same quarter in the previous year, the firm 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. Sell-side 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. Investors of record on Tuesday, September 30th will be issued a $0.535 dividend. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 30th. National Fuel Gas's payout ratio is 80.45%.

Wall Street Analyst Weigh In

Several analysts have recently commented on NFG shares. 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 raised shares of National Fuel Gas from an "underperform" rating to a "buy" rating and raised their price target for the company from $85.00 to $107.00 in a research report on Tuesday, July 15th. Scotiabank reaffirmed an "outperform" rating on shares of National Fuel Gas in a research report on Wednesday, August 13th. Finally, Wall Street Zen cut shares of National Fuel Gas from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, National Fuel Gas 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.

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