Anfield Capital Management LLC Purchases Shares of 24,842 National Fuel Gas Company $NFG

Anfield Capital Management LLC purchased a new stake in National Fuel Gas Company (NYSE:NFG) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 24,842 shares of the oil and gas producer’s stock, valued at approximately $2,295,000.

Several other hedge funds also recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. grew its holdings in National Fuel Gas by 30.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 159,953 shares of the oil and gas producer’s stock valued at $12,667,000 after purchasing an additional 36,913 shares in the last quarter. Empowered Funds LLC bought a new stake in shares of National Fuel Gas in the 1st quarter valued at approximately $247,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of National Fuel Gas by 3.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 220,730 shares of the oil and gas producer’s stock valued at $17,480,000 after acquiring an additional 8,304 shares in the last quarter. Focus Partners Wealth raised its position in shares of National Fuel Gas by 79.5% during the 1st quarter. Focus Partners Wealth now owns 12,729 shares of the oil and gas producer’s stock valued at $1,008,000 after acquiring an additional 5,638 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new position in shares of National Fuel Gas in the 1st quarter worth about $138,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

National Fuel Gas Stock Performance

Shares of NYSE NFG opened at $91.03 on Friday. National Fuel Gas Company has a 1 year low of $69.93 and a 1 year high of $94.13. The firm has a market cap of $8.65 billion, a P/E ratio of 12.70, a PEG ratio of 1.15 and a beta of 0.60. The stock has a fifty day moving average price of $83.33 and a two-hundred day moving average price of $84.13. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.59 and a current ratio of 0.65.

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

National Fuel Gas Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.535 per share. This represents a $2.14 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, December 31st. National Fuel Gas’s payout ratio is 29.85%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on NFG. Zacks Research lowered National Fuel Gas from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 21st. Scotiabank set a $101.00 price objective on shares of National Fuel Gas in a report on Wednesday, January 21st. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of National Fuel Gas in a research note on Monday, December 29th. Two 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. Based on data from MarketBeat, National Fuel Gas has an average rating of “Hold” and a consensus target price of $96.33.

About National Fuel Gas

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.