GAMMA Investing LLC Increases Holdings in National Fuel Gas Company $NFG

GAMMA Investing LLC lifted its position in shares of National Fuel Gas Company (NYSE:NFG) by 11.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,857 shares of the oil and gas producer’s stock after buying an additional 195 shares during the period. GAMMA Investing LLC’s holdings in National Fuel Gas were worth $157,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Parallel Advisors LLC raised its holdings in shares of National Fuel Gas by 2.8% during the 2nd quarter. Parallel Advisors LLC now owns 4,784 shares of the oil and gas producer’s stock valued at $405,000 after buying an additional 129 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of National Fuel Gas by 3.0% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,285 shares of the oil and gas producer’s stock worth $419,000 after buying an additional 156 shares during the period. Horizon Investment Services LLC increased its holdings in shares of National Fuel Gas by 2.5% in the first quarter. Horizon Investment Services LLC now owns 6,618 shares of the oil and gas producer’s stock worth $524,000 after buying an additional 162 shares during the period. UMB Bank n.a. increased its holdings in shares of National Fuel Gas by 19.6% in the second quarter. UMB Bank n.a. now owns 1,012 shares of the oil and gas producer’s stock worth $86,000 after buying an additional 166 shares during the period. Finally, Donald L. Hagan LLC increased its holdings in shares of National Fuel Gas by 1.2% in the first quarter. Donald L. Hagan LLC now owns 15,598 shares of the oil and gas producer’s stock worth $1,235,000 after buying an additional 183 shares during the period. 73.96% of the stock is owned by hedge funds and other institutional investors.

National Fuel Gas Stock Down 0.8%

Shares of NYSE:NFG opened at $92.93 on Tuesday. National Fuel Gas Company has a 1 year low of $58.82 and a 1 year high of $94.13. The company has a market cap of $8.40 billion, a PE ratio of 34.93, a P/E/G ratio of 0.55 and a beta of 0.61. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.46 and a quick ratio of 0.39. The stock’s 50-day moving average is $87.59 and its 200 day moving average is $83.34.

National Fuel Gas (NYSE:NFG) last announced its quarterly earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.50 by $0.14. The company had revenue of $531.83 million for the quarter, compared to the consensus estimate of $596.12 million. National Fuel Gas had a return on equity of 20.81% and a net margin of 11.15%.National Fuel Gas’s revenue was up 27.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. Sell-side analysts anticipate that National Fuel Gas Company will post 6.64 EPS for the current year.

National Fuel Gas Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.535 per share. This represents a $2.14 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, September 30th. National Fuel Gas’s payout ratio is presently 80.45%.

Analysts Set New Price Targets

Several research analysts have recently commented on NFG shares. Wall Street Zen downgraded National Fuel Gas from a “buy” rating to a “hold” rating in a report on Sunday, August 10th. Scotiabank reiterated an “outperform” rating on shares of National Fuel Gas in a report on Wednesday, August 13th. Bank of America upgraded National Fuel Gas from an “underperform” rating to a “buy” rating and lifted their price objective for the stock from $85.00 to $107.00 in a report on Tuesday, July 15th. Finally, Zacks Research downgraded National Fuel Gas from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. 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. Based on data from MarketBeat, National Fuel Gas currently has an average rating of “Moderate Buy” and an average target price of $96.67.

About National Fuel Gas

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.