Parallel Advisors LLC Has $405,000 Position in National Fuel Gas Company $NFG

Parallel Advisors LLC boosted its position in shares of National Fuel Gas Company (NYSE:NFG) by 2.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,784 shares of the oil and gas producer’s stock after purchasing an additional 129 shares during the quarter. Parallel Advisors LLC’s holdings in National Fuel Gas were worth $405,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Assetmark Inc. lifted its stake in National Fuel Gas by 9,475.0% in the first quarter. Assetmark Inc. now owns 383 shares of the oil and gas producer’s stock valued at $30,000 after buying an additional 379 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in National Fuel Gas by 316.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 400 shares of the oil and gas producer’s stock valued at $32,000 after buying an additional 304 shares in the last quarter. Inlight Wealth Management LLC bought a new position in National Fuel Gas in the first quarter valued at approximately $40,000. Cranbrook Wealth Management LLC bought a new position in National Fuel Gas in the first quarter valued at approximately $40,000. Finally, Ameriflex Group Inc. bought a new position in National Fuel Gas in the fourth quarter valued at approximately $36,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

National Fuel Gas Trading Down 1.1%

Shares of National Fuel Gas stock opened at $86.46 on Friday. The company has a market capitalization of $7.81 billion, a price-to-earnings ratio of 32.50, a PEG ratio of 0.51 and a beta of 0.61. The company has a quick ratio of 0.39, a current ratio of 0.46 and a debt-to-equity ratio of 0.80. National Fuel Gas Company has a 12-month low of $58.82 and a 12-month high of $89.82. The firm’s 50-day moving average price is $87.17 and its two-hundred day moving average price is $82.58.

National Fuel Gas (NYSE:NFG) last announced its quarterly earnings data on Wednesday, July 30th. The oil and gas producer reported $1.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 revenue for the quarter was up 27.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.99 earnings per share. National Fuel Gas has set its FY 2026 guidance at 8.000-8.500 EPS. FY 2025 guidance at 6.800-6.950 EPS. On average, analysts forecast that National Fuel Gas Company will post 6.64 earnings per share for the current fiscal year.

National Fuel Gas Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be paid a $0.535 dividend. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Tuesday, September 30th. National Fuel Gas’s dividend payout ratio (DPR) is presently 80.45%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Bank of America raised shares of National Fuel Gas from an “underperform” rating to a “buy” rating and lifted their price target for the company from $85.00 to $107.00 in a research note on Tuesday, July 15th. Zacks Research lowered shares of National Fuel Gas from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. Wall Street Zen lowered shares of National Fuel Gas from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Finally, Scotiabank reissued an “outperform” rating on shares of National Fuel Gas in a research report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $96.67.

National Fuel Gas 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.