US Bancorp DE Has $2.18 Million Holdings in National Fuel Gas Company $NFG

US Bancorp DE increased its stake in National Fuel Gas Company (NYSE:NFG) by 0.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,766 shares of the oil and gas producer’s stock after buying an additional 161 shares during the quarter. US Bancorp DE’s holdings in National Fuel Gas were worth $2,183,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in NFG. GAMMA Investing LLC boosted its holdings in shares of National Fuel Gas by 67.4% in the 1st quarter. GAMMA Investing LLC now owns 1,662 shares of the oil and gas producer’s stock valued at $132,000 after buying an additional 669 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of National Fuel Gas in the 1st quarter valued at approximately $900,000. QRG Capital Management Inc. boosted its holdings in shares of National Fuel Gas by 16.3% in the 1st quarter. QRG Capital Management Inc. now owns 10,812 shares of the oil and gas producer’s stock valued at $856,000 after buying an additional 1,512 shares during the last quarter. NBT Bank N A NY boosted its holdings in shares of National Fuel Gas by 86.8% in the 1st quarter. NBT Bank N A NY now owns 1,420 shares of the oil and gas producer’s stock valued at $112,000 after buying an additional 660 shares during the last quarter. Finally, CWA Asset Management Group LLC boosted its holdings in shares of National Fuel Gas by 26.9% in the 1st quarter. CWA Asset Management Group LLC now owns 9,798 shares of the oil and gas producer’s stock valued at $776,000 after buying an additional 2,079 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

National Fuel Gas Stock Up 1.9%

NFG stock opened at $86.15 on Thursday. 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 has a market capitalization of $7.78 billion, a price-to-earnings ratio of 32.39, a PEG ratio of 0.42 and a beta of 0.58. The business’s fifty day moving average price is $87.82 and its two-hundred day moving average price is $84.08. National Fuel Gas Company has a fifty-two week low of $58.82 and a fifty-two week high of $94.13.

National Fuel Gas (NYSE:NFG) last issued its quarterly earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 EPS for the quarter, topping analysts’ consensus estimates of $1.50 by $0.14. National Fuel Gas had a return on equity of 20.81% and a net margin of 11.15%.The company had revenue of $531.83 million for the quarter, compared to analysts’ expectations of $596.12 million. During the same quarter last year, the business earned $0.99 earnings per share. National Fuel Gas’s revenue was up 27.4% on a year-over-year basis. 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, equities analysts anticipate that National Fuel Gas Company will post 6.64 earnings per share for the current year.

National Fuel Gas Dividend Announcement

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

Wall Street Analysts Forecast Growth

NFG has been the subject of several research reports. Zacks Research downgraded National Fuel Gas from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of National Fuel Gas in a report on Tuesday. Wall Street Zen downgraded National Fuel Gas from a “buy” rating to a “hold” rating in a report on Sunday, August 10th. Scotiabank downgraded National Fuel Gas from an “outperform” rating to a “sector perform” rating and raised their price target for the company from $102.00 to $106.00 in a report on Thursday, October 9th. Finally, Bank of America raised National Fuel Gas from an “underperform” rating to a “buy” rating and raised their price target for the company from $85.00 to $107.00 in a report on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $98.00.

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.