Y Intercept Hong Kong Ltd Purchases New Shares in National Fuel Gas Company $NFG

Y Intercept Hong Kong Ltd purchased a new position in shares of National Fuel Gas Company (NYSE:NFG) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,334 shares of the oil and gas producer’s stock, valued at approximately $585,000.

A number of other institutional investors have also recently bought and sold shares of NFG. Norges Bank bought a new stake in shares of National Fuel Gas in the second quarter valued at approximately $91,964,000. Qube Research & Technologies Ltd increased its stake in National Fuel Gas by 642.7% during the 2nd quarter. Qube Research & Technologies Ltd now owns 465,830 shares of the oil and gas producer’s stock worth $39,460,000 after acquiring an additional 403,107 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in National Fuel Gas in the 2nd quarter valued at $27,050,000. AQR Capital Management LLC lifted its position in shares of National Fuel Gas by 17.6% during the 2nd quarter. AQR Capital Management LLC now owns 1,051,086 shares of the oil and gas producer’s stock valued at $89,038,000 after acquiring an additional 157,220 shares during the period. Finally, State Street Corp lifted its position in shares of National Fuel Gas by 3.4% during the 2nd quarter. State Street Corp now owns 4,035,345 shares of the oil and gas producer’s stock valued at $343,962,000 after acquiring an additional 132,855 shares during the period. Institutional investors own 73.96% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on NFG. Scotiabank set a $101.00 price target on National Fuel Gas in a research note on Wednesday, January 21st. Weiss Ratings restated a “buy (b-)” rating on shares of National Fuel Gas in a research report on Monday, December 29th. Finally, Zacks Research downgraded shares of National Fuel Gas from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, National Fuel Gas has a consensus rating of “Hold” and an average target price of $96.33.

National Fuel Gas Stock Up 0.5%

Shares of NYSE:NFG opened at $83.42 on Wednesday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.59 and a current ratio of 0.65. The company has a market capitalization of $7.93 billion, a PE ratio of 11.63, a price-to-earnings-growth ratio of 1.08 and a beta of 0.60. National Fuel Gas Company has a 52-week low of $69.93 and a 52-week high of $94.13. The company has a fifty day moving average of $81.54 and a 200-day moving average of $84.14.

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

National Fuel Gas Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a dividend of $0.535 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.14 annualized dividend and a yield of 2.6%. National Fuel Gas’s dividend payout ratio is currently 29.85%.

National Fuel Gas 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.