Great Lakes Advisors LLC Has $8.43 Million Stock Position in National Fuel Gas Company $NFG

Key Points

• Great Lakes Advisors LLC has increased its stake in National Fuel Gas Company by 8.3%, now owning 106,450 shares valued at approximately $8.43 million.
• National Fuel Gas recently increased its quarterly dividend to $0.535, reflecting an annual yield of 2.5%, with a payout ratio of 80.45%.
• The company reported earnings of $1.64 per share for the last quarter, surpassing analyst expectations, and set FY 2026 EPS guidance between 8.000-8.500.

Great Lakes Advisors LLC grew its stake in shares of National Fuel Gas Company (NYSE:NFG - Free Report) by 8.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 106,450 shares of the oil and gas producer's stock after buying an additional 8,121 shares during the period. Great Lakes Advisors LLC owned approximately 0.12% of National Fuel Gas worth $8,430,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NFG. Assetmark Inc. boosted its holdings in National Fuel Gas by 9,475.0% during the first quarter. Assetmark Inc. now owns 383 shares of the oil and gas producer's stock worth $30,000 after buying an additional 379 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in National Fuel Gas by 316.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 400 shares of the oil and gas producer's stock worth $32,000 after buying an additional 304 shares during the last quarter. Ameriflex Group Inc. bought a new position in National Fuel Gas during the fourth quarter worth about $36,000. Cranbrook Wealth Management LLC bought a new position in National Fuel Gas during the first quarter worth about $40,000. Finally, Inlight Wealth Management LLC bought a new position in shares of National Fuel Gas during the 1st quarter valued at about $40,000. Institutional investors own 73.96% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on NFG. Scotiabank reiterated an "outperform" rating on shares of National Fuel Gas in a research report on Wednesday, August 13th. Bank of America upgraded National Fuel Gas from an "underperform" rating to a "buy" rating and boosted their price objective for the company from $85.00 to $107.00 in a research report on Tuesday, July 15th. Wall Street Zen lowered National Fuel Gas from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. Finally, Zacks Research lowered National Fuel Gas from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. 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. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $96.67.

National Fuel Gas Stock Up 0.2%

NYSE NFG traded up $0.17 during trading on Friday, hitting $88.20. The stock had a trading volume of 368,859 shares, compared to its average volume of 479,918. The company has a market capitalization of $7.97 billion, a PE ratio of 33.16, a P/E/G ratio of 0.52 and a beta of 0.61. The company's 50-day moving average price is $86.72 and its two-hundred day moving average price is $82.20. 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 12 month low of $58.82 and a 12 month high of $89.82.

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 EPS for the quarter, beating the consensus estimate of $1.50 by $0.14. The firm had revenue of $531.83 million for the quarter, compared to analysts' expectations of $596.12 million. National Fuel Gas had a return on equity of 20.81% and a net margin of 11.15%.The business's quarterly revenue was up 27.4% compared to the same quarter last year. During the same quarter in the previous year, the business 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, sell-side analysts forecast that National Fuel Gas Company will post 6.64 EPS for the current year.

National Fuel Gas Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a $0.535 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $2.14 annualized dividend and a yield of 2.4%. National Fuel Gas's payout ratio is presently 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.