Allianz Asset Management GmbH Lowers Stock Holdings in National Fuel Gas Company $NFG

Allianz Asset Management GmbH lessened its position in National Fuel Gas Company (NYSE:NFG) by 30.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 101,402 shares of the oil and gas producer’s stock after selling 45,217 shares during the quarter. Allianz Asset Management GmbH owned approximately 0.11% of National Fuel Gas worth $9,367,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. US Bancorp DE increased its stake in National Fuel Gas by 0.6% during the second quarter. US Bancorp DE now owns 25,766 shares of the oil and gas producer’s stock worth $2,183,000 after purchasing an additional 161 shares during the period. Richardson Financial Services Inc. grew its holdings in shares of 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 purchasing an additional 169 shares in the last quarter. HBK Sorce Advisory LLC increased its stake in National Fuel Gas by 0.8% during the 3rd quarter. HBK Sorce Advisory LLC now owns 21,739 shares of the oil and gas producer’s stock worth $1,930,000 after buying an additional 179 shares during the period. MAI Capital Management lifted its holdings in National Fuel Gas by 5.4% during the 2nd quarter. MAI Capital Management now owns 4,150 shares of the oil and gas producer’s stock worth $352,000 after buying an additional 211 shares in the last quarter. Finally, Atria Investments Inc lifted its holdings in National Fuel Gas by 8.4% during the 2nd quarter. Atria Investments Inc now owns 2,827 shares of the oil and gas producer’s stock worth $240,000 after buying an additional 219 shares in the last quarter. 73.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of National Fuel Gas in a research report on Monday, December 29th. Scotiabank set a $101.00 target price on National Fuel Gas in a research note on Wednesday, January 21st. Finally, Zacks Research lowered National Fuel Gas from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, National Fuel Gas presently has a consensus rating of “Hold” and an average target price of $96.33.

National Fuel Gas Price Performance

National Fuel Gas stock opened at $85.94 on Monday. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.58. The company has a fifty day simple moving average of $81.71 and a 200-day simple moving average of $84.07. The stock has a market cap of $8.17 billion, a P/E ratio of 11.99, a price-to-earnings-growth ratio of 1.10 and a beta of 0.60. National Fuel Gas Company has a 12-month low of $69.93 and a 12-month high of $94.13.

National Fuel Gas (NYSE:NFG) last posted its quarterly earnings results on Wednesday, January 28th. The oil and gas producer reported $2.06 earnings per share for the quarter, beating analysts’ consensus estimates of $1.91 by $0.15. The company had revenue of $651.51 million for the quarter, compared to analysts’ expectations of $650.70 million. National Fuel Gas had a return on equity of 21.45% and a net margin of 27.65%.National Fuel Gas’s quarterly revenue was up 18.6% on a year-over-year basis. During the same period last year, the firm earned $1.66 earnings per share. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. Equities analysts expect that National Fuel Gas Company will post 6.64 EPS for the current fiscal year.

National Fuel Gas Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a $0.535 dividend. This represents a $2.14 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Wednesday, December 31st. National Fuel Gas’s dividend payout ratio is 29.85%.

National Fuel Gas Company Profile

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.