AlphaQuest LLC Lowers Holdings in National Fuel Gas Company $NFG

AlphaQuest LLC lowered its holdings in National Fuel Gas Company (NYSE:NFG) by 48.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 23,493 shares of the oil and gas producer’s stock after selling 22,293 shares during the quarter. AlphaQuest LLC’s holdings in National Fuel Gas were worth $2,170,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in NFG. Root Financial Partners LLC acquired a new position in National Fuel Gas in the 3rd quarter valued at $29,000. Richardson Financial Services Inc. grew its position in 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 valued at $33,000 after acquiring an additional 169 shares in the last quarter. Golden State Wealth Management LLC increased its stake in National Fuel Gas by 355.1% during the 2nd 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 period. True Wealth Design LLC boosted its holdings in National Fuel Gas by 3,883.3% in the third quarter. True Wealth Design LLC now owns 478 shares of the oil and gas producer’s stock valued at $44,000 after purchasing an additional 466 shares during the last quarter. Finally, Assetmark Inc. grew its position in shares of National Fuel Gas by 60.1% during the second quarter. Assetmark Inc. now owns 613 shares of the oil and gas producer’s stock worth $52,000 after buying an additional 230 shares in the last quarter. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on NFG shares. Weiss Ratings reissued a “buy (b-)” rating on shares of National Fuel Gas in a report on Monday, December 29th. Scotiabank set a $101.00 target price on National Fuel Gas in a research report on Wednesday, January 21st. Finally, Zacks Research cut 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 stock. According to MarketBeat, National Fuel Gas currently has a consensus rating of “Hold” and an average target price of $96.33.

National Fuel Gas Price Performance

Shares of NYSE:NFG opened at $83.69 on Friday. National Fuel Gas Company has a 1-year low of $68.65 and a 1-year high of $94.13. The company has a current ratio of 0.65, a quick ratio of 0.35 and a debt-to-equity ratio of 0.58. The business’s 50 day moving average is $81.42 and its 200-day moving average is $84.28. The firm has a market capitalization of $7.95 billion, a PE ratio of 11.67, a PEG ratio of 1.09 and a beta of 0.61.

National Fuel Gas (NYSE:NFG) last issued its quarterly earnings data on Wednesday, January 28th. The oil and gas producer reported $2.06 earnings per share for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $650.70 million. During the same period in the prior year, the firm earned $1.66 earnings per share. The company’s quarterly revenue was up 18.6% compared to the same quarter last year. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. Sell-side analysts predict that National Fuel Gas Company will post 6.64 earnings per share for the current year.

National Fuel Gas Dividend Announcement

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

About National Fuel Gas

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.