Wealth Enhancement Advisory Services LLC Has $1.50 Million Stake in National Fuel Gas Company $NFG

Key Points

• Wealth Enhancement Advisory Services LLC increased its stake in National Fuel Gas Company by 17.9% in the second quarter, owning 17,819 shares valued at approximately $1.50 million.
• National Fuel Gas reported earnings of $1.64 per share for the latest quarter, exceeding analysts' expectations and achieving a 27.4% increase in revenue compared to the prior year.
• The company also announced a quarterly dividend of $0.535 per share, reflecting a 2.3% dividend yield, with dividends set to be paid on October 15th.

Wealth Enhancement Advisory Services LLC raised its position in shares of National Fuel Gas Company (NYSE:NFG - Free Report) by 17.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,819 shares of the oil and gas producer's stock after buying an additional 2,707 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in National Fuel Gas were worth $1,501,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Assetmark Inc. increased its holdings in shares of 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 in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of 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 in the last quarter. Cranbrook Wealth Management LLC acquired a new stake in shares of National Fuel Gas during the first quarter worth approximately $40,000. Inlight Wealth Management LLC acquired a new stake in shares of National Fuel Gas during the first quarter worth approximately $40,000. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of National Fuel Gas during the first quarter worth approximately $55,000. Institutional investors and hedge funds own 73.96% of the company's stock.

National Fuel Gas Trading Down 0.8%

NFG opened at $92.93 on Tuesday. The firm's fifty day moving average is $87.59 and its two-hundred day moving average is $83.34. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.39 and a current ratio of 0.46. The firm has a market cap of $8.40 billion, a PE ratio of 34.93, a price-to-earnings-growth ratio of 0.55 and a beta of 0.61. National Fuel Gas Company has a twelve month low of $58.82 and a twelve month high of $94.13.

National Fuel Gas (NYSE:NFG - Get Free Report) last posted its earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 earnings per share for the quarter, topping the consensus estimate of $1.50 by $0.14. The company 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 business's revenue for the quarter was up 27.4% compared to the same quarter last year. During the same period last year, the business 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. Equities research analysts anticipate that National Fuel Gas Company will post 6.64 EPS for the current year.

National Fuel Gas Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be issued a dividend of $0.535 per share. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Tuesday, September 30th. National Fuel Gas's dividend payout ratio (DPR) is presently 80.45%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Wall Street Zen cut shares of National Fuel Gas from a "buy" rating to a "hold" rating in a research note on Sunday, August 10th. Bank of America raised shares of National Fuel Gas from an "underperform" rating to a "buy" rating and increased their price target for the company from $85.00 to $107.00 in a research note on Tuesday, July 15th. Zacks Research cut shares of National Fuel Gas from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. Finally, Scotiabank reissued an "outperform" rating on shares of National Fuel Gas in a research note on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average 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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