Strengthening Families & Communities LLC Invests $925,000 in National Fuel Gas Company $NFG

Strengthening Families & Communities LLC bought a new stake in National Fuel Gas Company (NYSE:NFG) during the third quarter, HoldingsChannel reports. The fund bought 10,012 shares of the oil and gas producer’s stock, valued at approximately $925,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Root Financial Partners LLC acquired a new stake in National Fuel Gas during the 3rd quarter valued at approximately $29,000. Richardson Financial Services Inc. lifted its position in National Fuel Gas by 88.5% during 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 during the period. Golden State Wealth Management LLC lifted its position in National Fuel Gas by 355.1% during the second quarter. Golden State Wealth Management LLC now owns 405 shares of the oil and gas producer’s stock valued at $34,000 after purchasing an additional 316 shares during the period. True Wealth Design LLC boosted its holdings in National Fuel Gas by 3,883.3% in the third quarter. True Wealth Design LLC now owns 478 shares of the oil and gas producer’s stock valued at $44,000 after purchasing an additional 466 shares during the last quarter. Finally, Assetmark Inc. grew its position in National Fuel Gas by 60.1% during the 2nd quarter. Assetmark Inc. now owns 613 shares of the oil and gas producer’s stock worth $52,000 after purchasing an additional 230 shares during the period. Institutional investors and hedge funds own 73.96% of the company’s stock.

National Fuel Gas Stock Down 1.0%

Shares of NFG opened at $82.88 on Tuesday. The company has a current ratio of 0.65, a quick ratio of 0.59 and a debt-to-equity ratio of 0.58. National Fuel Gas Company has a 12 month low of $69.93 and a 12 month high of $94.13. The stock’s 50 day moving average is $81.48 and its two-hundred day moving average is $84.18. The firm has a market cap of $7.88 billion, a P/E ratio of 11.56, a PEG ratio of 1.09 and a beta of 0.61.

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 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 the consensus estimate of $650.70 million. During the same period in the prior year, the company posted $1.66 EPS. The business’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. Analysts predict that National Fuel Gas Company will post 6.64 earnings per share for the current fiscal year.

National Fuel Gas Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a dividend of $0.535 per share. This represents a $2.14 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Wednesday, December 31st. National Fuel Gas’s dividend payout ratio (DPR) is presently 29.85%.

Wall Street Analysts Forecast Growth

NFG has been the subject of several analyst reports. Scotiabank set a $101.00 price objective on National Fuel Gas in a report on Wednesday, January 21st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of National Fuel Gas in a research note on Monday, December 29th. Finally, 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. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $96.33.

National Fuel Gas 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.