Ameritas Investment Partners Inc. Has $4.07 Million Holdings in National Fuel Gas Company $NFG

Ameritas Investment Partners Inc. decreased its holdings in shares of National Fuel Gas Company (NYSE:NFG) by 12.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,029 shares of the oil and gas producer’s stock after selling 6,019 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in National Fuel Gas were worth $4,067,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. OneDigital Investment Advisors LLC lifted its position in National Fuel Gas by 5.3% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 3,238 shares of the oil and gas producer’s stock worth $299,000 after buying an additional 164 shares in the last quarter. Richardson Financial Services Inc. increased its stake 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 worth $33,000 after acquiring an additional 169 shares during the last quarter. HBK Sorce Advisory LLC increased its stake in shares of National Fuel Gas by 0.8% in the third quarter. HBK Sorce Advisory LLC now owns 21,739 shares of the oil and gas producer’s stock worth $1,930,000 after acquiring an additional 179 shares during the last quarter. MAI Capital Management raised its holdings in shares of National Fuel Gas by 5.4% during the second quarter. MAI Capital Management now owns 4,150 shares of the oil and gas producer’s stock worth $352,000 after acquiring an additional 211 shares in the last quarter. Finally, Hantz Financial Services Inc. boosted its position in National Fuel Gas by 105.3% during the third quarter. Hantz Financial Services Inc. now owns 423 shares of the oil and gas producer’s stock valued at $39,000 after purchasing an additional 217 shares during the last quarter. 73.96% of the stock is owned by hedge funds and other institutional investors.

National Fuel Gas Price Performance

NFG stock opened at $88.97 on Monday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.59 and a current ratio of 0.65. The business has a 50-day simple moving average of $82.63 and a two-hundred day simple moving average of $84.04. The company has a market capitalization of $8.45 billion, a P/E ratio of 12.41, a price-to-earnings-growth ratio of 1.15 and a beta of 0.60. National Fuel Gas Company has a 52-week low of $69.93 and a 52-week high of $94.13.

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

National Fuel Gas Announces Dividend

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

Wall Street Analysts Forecast Growth

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

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.