National Fuel Gas Company $NFG Shares Purchased by Jump Financial LLC

Key Points

• Jump Financial LLC significantly increased its stake in National Fuel Gas Company by 341.9% during the first quarter, owning a total of 27,707 shares valued at approximately $2.19 million.
• National Fuel Gas recently announced a quarterly dividend increase to $0.535 per share, reflecting an annualized yield of 2.4% and a payout ratio of 80.45%.
• Analysts have varied ratings on National Fuel Gas, with a mix of upgrades and downgrades, leading to an average target price of $96.67 from a Moderate Buy rating.

Jump Financial LLC increased its stake in shares of National Fuel Gas Company (NYSE:NFG - Free Report) by 341.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,707 shares of the oil and gas producer's stock after purchasing an additional 21,437 shares during the quarter. Jump Financial LLC's holdings in National Fuel Gas were worth $2,194,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of NFG. Dimensional Fund Advisors LP grew its stake in National Fuel Gas by 4.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 989,487 shares of the oil and gas producer's stock worth $60,043,000 after purchasing an additional 43,656 shares in the last quarter. Hsbc Holdings PLC grew its stake in National Fuel Gas by 54.5% during the 4th quarter. Hsbc Holdings PLC now owns 26,314 shares of the oil and gas producer's stock worth $1,595,000 after purchasing an additional 9,281 shares in the last quarter. Dark Forest Capital Management LP acquired a new position in National Fuel Gas during the 4th quarter worth $228,000. Nebula Research & Development LLC acquired a new position in shares of National Fuel Gas during the 4th quarter worth about $242,000. Finally, Aquatic Capital Management LLC acquired a new position in shares of National Fuel Gas during the 4th quarter worth about $672,000. 73.96% of the stock is owned by institutional investors and hedge funds.

National Fuel Gas Stock Performance

Shares of NFG opened at $87.35 on Thursday. 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 firm has a market cap of $7.89 billion, a PE ratio of 32.84, a price-to-earnings-growth ratio of 0.51 and a beta of 0.65. The company's 50 day simple moving average is $86.22 and its 200-day simple moving average is $80.91. National Fuel Gas Company has a 12-month low of $58.50 and a 12-month high of $89.82.

National Fuel Gas (NYSE:NFG - Get Free Report) last announced 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 business had revenue of $531.83 million for the quarter, compared to analyst estimates of $596.12 million. National Fuel Gas had a net margin of 11.15% and a return on equity of 20.81%. The company's revenue for the quarter was up 27.4% compared to the same quarter last year. During the same period last year, the firm posted $0.99 earnings per share. 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, equities analysts predict that National Fuel Gas Company will post 6.64 EPS for the current year.

National Fuel Gas Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a dividend of $0.535 per share. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.4%. This is a boost from National Fuel Gas's previous quarterly dividend of $0.52. The ex-dividend date was Monday, June 30th. National Fuel Gas's payout ratio is 80.45%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on NFG. Zacks Research cut National Fuel Gas from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. Scotiabank reaffirmed an "outperform" rating on shares of National Fuel Gas in a research report on Wednesday, August 13th. Wall Street Zen cut National Fuel Gas from a "buy" rating to a "hold" rating in a research report on Sunday, August 10th. Finally, Bank of America raised National Fuel Gas from an "underperform" rating to a "buy" rating and upped their price objective for the stock from $85.00 to $107.00 in a research report on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $96.67.

About National Fuel Gas

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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