Brokerages Set National Fuel Gas Company (NYSE:NFG) Price Target at $96.67

Shares of National Fuel Gas Company (NYSE:NFG) have received a consensus rating of “Moderate Buy” from the five ratings firms that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $96.6667.

NFG has been the topic of several research analyst reports. Wall Street Zen downgraded shares of National Fuel Gas from a “buy” rating to a “hold” rating in a report on Sunday, August 10th. Bank of America upgraded shares of National Fuel Gas from an “underperform” rating to a “buy” rating and lifted their price objective for the company from $85.00 to $107.00 in a report on Tuesday, July 15th. Zacks Research downgraded shares of National Fuel Gas from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. Finally, Scotiabank reiterated an “outperform” rating on shares of National Fuel Gas in a report on Wednesday, August 13th.

Hedge Funds Weigh In On National Fuel Gas

Hedge funds and other institutional investors have recently made changes to their positions in the company. Advisory Services Network LLC boosted its position in National Fuel Gas by 401.4% during the second quarter. Advisory Services Network LLC now owns 16,557 shares of the oil and gas producer’s stock worth $1,437,000 after purchasing an additional 13,255 shares during the period. State of Wyoming boosted its position in National Fuel Gas by 37.0% during the second quarter. State of Wyoming now owns 3,539 shares of the oil and gas producer’s stock worth $300,000 after purchasing an additional 956 shares during the period. Geneos Wealth Management Inc. boosted its position in National Fuel Gas by 13.7% during the second quarter. Geneos Wealth Management Inc. now owns 6,789 shares of the oil and gas producer’s stock worth $575,000 after purchasing an additional 816 shares during the period. Castleark Management LLC bought a new position in National Fuel Gas during the second quarter worth $180,000. Finally, Corient Private Wealth LLC boosted its position in National Fuel Gas by 128.4% during the second quarter. Corient Private Wealth LLC now owns 13,078 shares of the oil and gas producer’s stock worth $1,108,000 after purchasing an additional 7,352 shares during the period. 73.96% of the stock is owned by institutional investors.

National Fuel Gas Stock Down 0.3%

National Fuel Gas stock opened at $87.1250 on Wednesday. The company’s 50 day simple moving average is $86.07 and its 200 day simple moving average is $80.61. National Fuel Gas has a fifty-two week low of $58.50 and a fifty-two week high of $89.82. The firm has a market capitalization of $7.87 billion, a price-to-earnings ratio of 32.75, a PEG ratio of 0.51 and a beta of 0.65. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.46 and a quick ratio of 0.39.

National Fuel Gas (NYSE:NFG) last announced its earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 EPS for the quarter, topping the consensus estimate of $1.50 by $0.14. The firm had revenue of $531.83 million for the quarter, compared to the consensus estimate 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 quarterly revenue was up 27.4% on a year-over-year basis. During the same period last year, the company posted $0.99 EPS. National Fuel Gas has set its FY 2026 guidance at 8.000-8.500 EPS. FY 2025 guidance at 6.800-6.950 EPS. As a group, sell-side analysts anticipate that National Fuel Gas will post 6.64 EPS for the current year.

National Fuel Gas Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were paid a $0.535 dividend. This is a boost from National Fuel Gas’s previous quarterly dividend of $0.52. This represents a $2.14 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend was Monday, June 30th. National Fuel Gas’s dividend payout ratio (DPR) is 80.45%.

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.