National Fuel Gas Company $NFG Stock Holdings Boosted by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC boosted its stake in National Fuel Gas Company (NYSE:NFG) by 7.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 125,998 shares of the oil and gas producer’s stock after buying an additional 8,890 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in National Fuel Gas were worth $10,087,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Goldman Sachs Group Inc. lifted its stake in National Fuel Gas by 30.0% during the first quarter. Goldman Sachs Group Inc. now owns 159,953 shares of the oil and gas producer’s stock valued at $12,667,000 after buying an additional 36,913 shares in the last quarter. Empowered Funds LLC bought a new position in National Fuel Gas during the first quarter valued at approximately $247,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in National Fuel Gas by 3.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 220,730 shares of the oil and gas producer’s stock valued at $17,480,000 after acquiring an additional 8,304 shares in the last quarter. Focus Partners Wealth grew its holdings in National Fuel Gas by 79.5% during the first quarter. Focus Partners Wealth now owns 12,729 shares of the oil and gas producer’s stock valued at $1,008,000 after purchasing an additional 5,638 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new position in National Fuel Gas during the first quarter valued at approximately $138,000. Institutional investors own 73.96% of the company’s stock.

National Fuel Gas Price Performance

Shares of NFG stock opened at $76.93 on Tuesday. The stock has a 50-day moving average price of $87.12 and a 200 day moving average price of $85.26. The company has a quick ratio of 0.55, a current ratio of 0.62 and a debt-to-equity ratio of 0.55. The firm has a market cap of $7.31 billion, a price-to-earnings ratio of 10.41, a PEG ratio of 1.68 and a beta of 0.37. National Fuel Gas Company has a 12 month low of $76.75 and a 12 month high of $97.06.

National Fuel Gas (NYSE:NFG) last announced its quarterly earnings data on Thursday, April 30th. The oil and gas producer reported $2.71 EPS for the quarter, missing analysts’ consensus estimates of $2.85 by ($0.14). The firm had revenue of $858.37 million during the quarter, compared to analyst estimates of $856.57 million. National Fuel Gas had a return on equity of 20.62% and a net margin of 27.48%.National Fuel Gas’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.39 earnings per share. Research analysts expect that National Fuel Gas Company will post 7.66 EPS for the current year.

National Fuel Gas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a $0.535 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $2.14 annualized dividend and a dividend yield of 2.8%. National Fuel Gas’s payout ratio is currently 28.96%.

Analyst Upgrades and Downgrades

NFG has been the topic of several analyst reports. Weiss Ratings upgraded National Fuel Gas from a “buy (b)” rating to a “buy (b+)” rating in a report on Friday, May 22nd. KeyCorp initiated coverage on National Fuel Gas in a research report on Tuesday, April 7th. They issued an “overweight” rating and a $110.00 target price for the company. Finally, Zacks Research raised National Fuel Gas from a “strong sell” rating to a “hold” rating in a report on Monday, March 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $106.00.

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.