Linden Thomas Advisory Services LLC Trims Stock Position in National Fuel Gas Company $NFG

Key Points

• Linden Thomas Advisory Services LLC reduced its stock position in National Fuel Gas Company by 29.9%, owning 18,667 shares valued at approximately $1.58 million after selling 7,948 shares in the second quarter.
• National Fuel Gas reported earnings per share (EPS) of $1.64 for the last quarter, exceeding analysts' expectations by $0.14, and set future guidance of 8.000-8.500 EPS for FY 2026.
• The company declared a quarterly dividend of $0.535 per share, reflecting an annualized yield of 2.6% and a payout ratio of 80.45% as of the last payment date.

Linden Thomas Advisory Services LLC lessened its holdings in National Fuel Gas Company (NYSE:NFG - Free Report) by 29.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,667 shares of the oil and gas producer's stock after selling 7,948 shares during the period. Linden Thomas Advisory Services LLC's holdings in National Fuel Gas were worth $1,581,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. acquired a new position in shares of National Fuel Gas in the second quarter valued at approximately $1,145,000. Bleakley Financial Group LLC raised its position in shares of National Fuel Gas by 2.0% in the second quarter. Bleakley Financial Group LLC now owns 62,496 shares of the oil and gas producer's stock valued at $5,294,000 after buying an additional 1,239 shares during the last quarter. Ethic Inc. acquired a new position in shares of National Fuel Gas in the second quarter valued at approximately $387,000. Cullen Frost Bankers Inc. raised its position in shares of National Fuel Gas by 4,547.4% in the second quarter. Cullen Frost Bankers Inc. now owns 883 shares of the oil and gas producer's stock valued at $75,000 after buying an additional 864 shares during the last quarter. Finally, Whittier Trust Co. raised its position in shares of National Fuel Gas by 15.9% in the second quarter. Whittier Trust Co. now owns 2,272 shares of the oil and gas producer's stock valued at $192,000 after buying an additional 312 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company's stock.

National Fuel Gas Price Performance

National Fuel Gas stock opened at $81.73 on Friday. National Fuel Gas Company has a 1 year low of $58.82 and a 1 year high of $94.13. The firm has a 50 day moving average price of $87.26 and a 200 day moving average price of $84.50. The company has a market cap of $7.39 billion, a price-to-earnings ratio of 30.73, a PEG ratio of 0.47 and a beta of 0.58. 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 (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 firm had revenue of $531.83 million during the quarter, compared to the consensus estimate of $596.12 million. During the same period in the previous year, the firm earned $0.99 earnings per share. National Fuel Gas'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. Sell-side analysts predict that National Fuel Gas Company will post 6.64 earnings per share for the current year.

National Fuel Gas Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a dividend of $0.535 per share. This represents a $2.14 annualized dividend and a yield of 2.6%. The ex-dividend date was Tuesday, September 30th. National Fuel Gas's payout ratio is currently 80.45%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on NFG shares. Wall Street Zen lowered shares of National Fuel Gas from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. Scotiabank lowered shares of National Fuel Gas from an "outperform" rating to a "sector perform" rating and boosted their price objective for the company from $102.00 to $106.00 in a research report on Thursday, October 9th. Weiss Ratings reissued a "hold (c+)" rating on shares of National Fuel Gas in a research report on Tuesday, October 14th. Zacks Research lowered shares of National Fuel Gas from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. Finally, Bank of America upgraded shares of National Fuel Gas from an "underperform" rating to a "buy" rating and boosted their target price for the company from $85.00 to $107.00 in a report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, National Fuel Gas currently has a consensus rating of "Moderate Buy" and an average price target of $98.00.

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.

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