Park Avenue Securities LLC Buys 5,686 Shares of National Fuel Gas Company $NFG

Key Points

• Park Avenue Securities LLC increased its stake in National Fuel Gas Company by 156.3%, acquiring an additional 5,686 shares, bringing their total holdings to 9,325 shares valued at approximately $790,000.
• The company reported an earnings per share (EPS) of $1.64 for the quarter, exceeding the consensus estimate of $1.50, while revenues for the quarter amounted to $531.83 million, below the expected $596.12 million.
• National Fuel Gas announced a quarterly dividend of $0.535 per share, resulting in an annualized dividend of $2.14 with a yield of 2.3%, and has set FY 2026 EPS guidance between 8.000-8.500.

Park Avenue Securities LLC increased its holdings in shares of National Fuel Gas Company (NYSE:NFG - Free Report) by 156.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,325 shares of the oil and gas producer's stock after purchasing an additional 5,686 shares during the period. Park Avenue Securities LLC's holdings in National Fuel Gas were worth $790,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of NFG. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in National Fuel Gas in the 4th quarter valued at approximately $4,934,000. Wealth Enhancement Advisory Services LLC increased its position in shares of National Fuel Gas by 12.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 15,195 shares of the oil and gas producer's stock worth $922,000 after purchasing an additional 1,741 shares during the last quarter. Wellington Management Group LLP increased its position in shares of National Fuel Gas by 142.7% during the 4th quarter. Wellington Management Group LLP now owns 144,317 shares of the oil and gas producer's stock worth $8,757,000 after purchasing an additional 84,860 shares during the last quarter. Park National Corp OH acquired a new position in shares of National Fuel Gas during the 1st quarter worth approximately $238,000. Finally, GAMMA Investing LLC increased its position in shares of National Fuel Gas by 13,154.2% during the 1st quarter. GAMMA Investing LLC now owns 131,614 shares of the oil and gas producer's stock worth $10,423,000 after purchasing an additional 130,621 shares during the last quarter. Institutional investors own 73.96% of the company's stock.

National Fuel Gas Trading Up 1.2%

Shares of NFG stock opened at $93.68 on Friday. The stock has a market cap of $8.46 billion, a price-to-earnings ratio of 35.22, a PEG ratio of 0.55 and a beta of 0.61. The stock has a 50-day moving average of $87.50 and a 200-day moving average of $83.17. The company has a current ratio of 0.46, a quick ratio of 0.39 and a debt-to-equity ratio of 0.80. National Fuel Gas Company has a 1-year low of $58.82 and a 1-year high of $94.13.

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, topping the consensus estimate of $1.50 by $0.14. National Fuel Gas had a return on equity of 20.81% and a net margin of 11.15%.The business had revenue of $531.83 million during the quarter, compared to analysts' expectations of $596.12 million. During the same quarter last year, the firm posted $0.99 earnings per share. The firm's revenue was up 27.4% on a year-over-year basis. National Fuel Gas has set its FY 2026 guidance at 8.000-8.500 EPS. FY 2025 guidance at 6.800-6.950 EPS. On average, equities research analysts forecast 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 announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a dividend of $0.535 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.14 annualized dividend and a yield of 2.3%. National Fuel Gas's dividend payout ratio (DPR) is currently 80.45%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on NFG shares. Bank of America raised National Fuel Gas from an "underperform" rating to a "buy" rating and boosted their target price for the stock from $85.00 to $107.00 in a report on Tuesday, July 15th. Wall Street Zen lowered National Fuel Gas from a "buy" rating to a "hold" rating in a report on Sunday, August 10th. Zacks Research lowered National Fuel Gas from a "strong-buy" rating to a "hold" rating in a report on Monday, August 18th. Finally, Scotiabank reissued an "outperform" rating on shares of National Fuel Gas in a report on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $96.67.

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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