Valley Wealth Managers Inc. Has $19.45 Million Stock Holdings in National Fuel Gas Company $NFG

Valley Wealth Managers Inc. raised its stake in National Fuel Gas Company (NYSE:NFG) by 3.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 242,994 shares of the oil and gas producer’s stock after purchasing an additional 7,842 shares during the quarter. Valley Wealth Managers Inc.’s holdings in National Fuel Gas were worth $19,454,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Goldman Sachs Group Inc. raised its stake in shares of 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 worth $12,667,000 after purchasing an additional 36,913 shares in the last quarter. Empowered Funds LLC bought a new position in shares of National Fuel Gas in the first quarter valued at $247,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in National Fuel Gas by 3.9% during the first 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 worth $17,480,000 after buying an additional 8,304 shares during the last quarter. Focus Partners Wealth increased its holdings in National Fuel Gas by 79.5% during the first quarter. Focus Partners Wealth now owns 12,729 shares of the oil and gas producer’s stock worth $1,008,000 after buying an additional 5,638 shares during the last quarter. Finally, Acadian Asset Management LLC bought a new stake in National Fuel Gas during the first quarter worth $138,000. Institutional investors and hedge funds own 73.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on NFG shares. Scotiabank set a $101.00 price target on shares of National Fuel Gas in a research note on Wednesday, January 21st. KeyCorp initiated coverage on shares of National Fuel Gas in a research note on Tuesday, April 7th. They set an “overweight” rating and a $110.00 price objective on the stock. Finally, Zacks Research upgraded shares of National Fuel Gas from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, National Fuel Gas presently has an average rating of “Moderate Buy” and an average price target of $106.00.

National Fuel Gas Stock Performance

Shares of NYSE NFG opened at $79.42 on Tuesday. The company has a current ratio of 0.62, a quick ratio of 0.55 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $7.55 billion, a P/E ratio of 10.75, a P/E/G ratio of 1.12 and a beta of 0.41. National Fuel Gas Company has a 12 month low of $77.22 and a 12 month high of $97.06. The stock has a 50 day moving average of $90.91 and a 200-day moving average of $85.22.

National Fuel Gas (NYSE:NFG) last posted its quarterly earnings results on Wednesday, April 29th. The oil and gas producer reported $2.71 earnings per share for the quarter, missing analysts’ consensus estimates of $2.85 by ($0.14). National Fuel Gas had a net margin of 27.48% and a return on equity of 20.62%. The business had revenue of $858.37 million during the quarter, compared to the consensus estimate of $856.57 million. During the same quarter last year, the company posted $2.39 EPS. The firm’s revenue was up 17.6% on a year-over-year basis. National Fuel Gas has set its FY 2026 guidance at 7.450-7.750 EPS. As a group, equities research analysts predict that National Fuel Gas Company will post 7.72 EPS for the current year.

National Fuel Gas Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a $0.535 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.14 annualized dividend and a dividend yield of 2.7%. National Fuel Gas’s dividend payout ratio is presently 28.96%.

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.