Kayne Anderson Capital Advisors LP Increases Holdings in National Fuel Gas Company $NFG

Kayne Anderson Capital Advisors LP grew its holdings in National Fuel Gas Company (NYSE:NFG) by 158.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 95,206 shares of the oil and gas producer’s stock after acquiring an additional 58,399 shares during the period. Kayne Anderson Capital Advisors LP’s holdings in National Fuel Gas were worth $8,794,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. OneDigital Investment Advisors LLC lifted its holdings 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 purchasing an additional 164 shares in the last quarter. Richardson Financial Services Inc. raised its position in shares of 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 buying an additional 169 shares during the last quarter. HBK Sorce Advisory LLC raised its position in shares of National Fuel Gas by 0.8% during the third quarter. HBK Sorce Advisory LLC now owns 21,739 shares of the oil and gas producer’s stock valued at $1,930,000 after buying an additional 179 shares during the last quarter. MAI Capital Management boosted its position 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 during the last quarter. Finally, Hantz Financial Services Inc. grew its stake 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 acquiring an additional 217 shares in the last quarter. Hedge funds and other institutional investors own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

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

National Fuel Gas Stock Performance

Shares of NYSE:NFG opened at $87.59 on Wednesday. The firm has a fifty day simple moving average of $82.86 and a two-hundred day simple moving average of $84.04. The company has a quick ratio of 0.59, a current ratio of 0.65 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $8.32 billion, a P/E ratio of 12.22, a PEG ratio of 1.13 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 quarterly earnings results on Wednesday, January 28th. The oil and gas producer reported $2.06 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.15. The firm had revenue of $651.51 million during the quarter, compared to the consensus estimate of $650.70 million. National Fuel Gas had a net margin of 27.65% and a return on equity of 21.45%. The firm’s revenue for the quarter was up 18.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.66 EPS. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. On average, analysts expect that National Fuel Gas Company will post 6.64 earnings per share for the current fiscal year.

National Fuel Gas Announces Dividend

The business 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 dividend on an annualized basis and a dividend yield of 2.4%. National Fuel Gas’s 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.