Oppenheimer Asset Management Inc. Has $8.64 Million Stock Holdings in National Fuel Gas Company $NFG

Oppenheimer Asset Management Inc. decreased its holdings in shares of National Fuel Gas Company (NYSE:NFG) by 12.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 93,524 shares of the oil and gas producer’s stock after selling 13,641 shares during the quarter. Oppenheimer Asset Management Inc. owned approximately 0.10% of National Fuel Gas worth $8,639,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of NFG. Root Financial Partners LLC bought a new stake in National Fuel Gas in the third quarter worth $29,000. Richardson Financial Services Inc. lifted its position in shares of National Fuel Gas by 88.5% in the third quarter. Richardson Financial Services Inc. now owns 360 shares of the oil and gas producer’s stock worth $33,000 after buying an additional 169 shares during the last quarter. Golden State Wealth Management LLC lifted its position in shares of National Fuel Gas by 355.1% in the second quarter. Golden State Wealth Management LLC now owns 405 shares of the oil and gas producer’s stock worth $34,000 after buying an additional 316 shares during the last quarter. Hantz Financial Services Inc. boosted its stake in shares of National Fuel Gas by 105.3% during the 3rd quarter. Hantz Financial Services Inc. now owns 423 shares of the oil and gas producer’s stock worth $39,000 after acquiring an additional 217 shares in the last quarter. Finally, True Wealth Design LLC increased its holdings in shares of National Fuel Gas by 3,883.3% during the 3rd quarter. True Wealth Design LLC now owns 478 shares of the oil and gas producer’s stock valued at $44,000 after acquiring an additional 466 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

National Fuel Gas Stock Performance

Shares of NYSE NFG opened at $84.88 on Wednesday. National Fuel Gas Company has a 12 month low of $69.93 and a 12 month high of $94.13. The company has a market cap of $8.07 billion, a P/E ratio of 11.84, a P/E/G ratio of 1.09 and a beta of 0.60. The business’s 50 day moving average is $81.85 and its two-hundred day moving average is $84.04. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.58.

National Fuel Gas (NYSE:NFG) last posted its quarterly earnings data on Wednesday, January 28th. The oil and gas producer reported $2.06 earnings per share for the quarter, beating the consensus estimate of $1.91 by $0.15. The company had revenue of $651.51 million during the quarter, compared to analysts’ expectations of $650.70 million. National Fuel Gas had a return on equity of 21.45% and a net margin of 27.65%.National Fuel Gas’s revenue for the quarter was up 18.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.66 earnings per share. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. On average, equities analysts expect that National Fuel Gas Company will post 6.64 EPS for the current year.

National Fuel Gas Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a $0.535 dividend. This represents a $2.14 annualized dividend and a yield of 2.5%. The ex-dividend date was Wednesday, December 31st. National Fuel Gas’s dividend payout ratio (DPR) is currently 29.85%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on NFG shares. Zacks Research lowered National Fuel Gas from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 21st. Weiss Ratings restated a “buy (b-)” rating on shares of National Fuel Gas in a research note on Monday, December 29th. Finally, Scotiabank set a $101.00 price objective on shares of National Fuel Gas in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, National Fuel Gas has a consensus rating of “Hold” and a consensus target price of $96.33.

National Fuel Gas Company Profile

National Fuel Gas Company (NYSE: NFG) is a diversified energy company engaged primarily in the production, gathering, transmission, distribution and marketing of natural gas. The company operates through four principal segments: Exploration & Production, Pipeline & Storage, Utilities, and Energy Marketing. Its integrated asset base spans upstream development in the Appalachian Basin, regional pipeline networks, underground storage facilities, and regulated utility distribution systems.

In its Exploration & Production segment, National Fuel Gas focuses on developing natural gas reserves in the Marcellus and Utica shales, leveraging modern drilling and completion techniques.