Atria Wealth Solutions Inc. Sells 262 Shares of National Fuel Gas Company $NFG

Atria Wealth Solutions Inc. decreased its position in shares of National Fuel Gas Company (NYSE:NFG) by 7.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,338 shares of the oil and gas producer’s stock after selling 262 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in National Fuel Gas were worth $283,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Oliver Lagore Vanvalin Investment Group bought a new position in shares of National Fuel Gas during the 2nd quarter worth $30,000. Assetmark Inc. grew its stake in shares of National Fuel Gas by 9,475.0% during the 1st quarter. Assetmark Inc. now owns 383 shares of the oil and gas producer’s stock worth $30,000 after acquiring an additional 379 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of National Fuel Gas by 316.7% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 400 shares of the oil and gas producer’s stock worth $32,000 after acquiring an additional 304 shares during the period. BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of National Fuel Gas during the 1st quarter worth $55,000. Finally, Wayfinding Financial LLC bought a new position in shares of National Fuel Gas during the 1st quarter worth $59,000. Institutional investors own 73.96% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on NFG shares. Weiss Ratings restated a “hold (c+)” rating on shares of National Fuel Gas in a research note on Tuesday, October 14th. Zacks Research downgraded National Fuel Gas from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 18th. Wall Street Zen downgraded National Fuel Gas from a “buy” rating to a “hold” rating in a research note on Sunday, August 10th. Bank of America upgraded National Fuel Gas from an “underperform” rating to a “buy” rating and raised their target price for the stock from $85.00 to $107.00 in a research note on Tuesday, July 15th. Finally, Scotiabank downgraded National Fuel Gas from an “outperform” rating to a “sector perform” rating and raised their target price for the stock from $102.00 to $106.00 in a research note on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, National Fuel Gas presently has an average rating of “Moderate Buy” and a consensus target price of $98.00.

National Fuel Gas Stock Performance

NYSE:NFG opened at $82.49 on Wednesday. The business’s 50-day moving average price is $87.60 and its two-hundred day moving average price is $84.31. National Fuel Gas Company has a twelve month low of $58.82 and a twelve month high of $94.13. The stock has a market cap of $7.45 billion, a P/E ratio of 31.01, a PEG ratio of 0.43 and a beta of 0.58. The company has a quick ratio of 0.39, a current ratio of 0.46 and a debt-to-equity ratio of 0.80.

National Fuel Gas (NYSE:NFG) last released its quarterly earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.14. National Fuel Gas had a return on equity of 20.81% and a net margin of 11.15%.The firm had revenue of $531.83 million for the quarter, compared to analysts’ expectations of $596.12 million. During the same quarter last year, the firm posted $0.99 EPS. The company’s revenue was up 27.4% compared to the same quarter last year. National Fuel Gas has set its FY 2026 guidance at 8.000-8.500 EPS. FY 2025 guidance at 6.800-6.950 EPS. As a group, equities analysts predict that National Fuel Gas Company will post 6.64 EPS for the current fiscal year.

National Fuel Gas Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were issued a $0.535 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $2.14 annualized dividend and a dividend yield of 2.6%. National Fuel Gas’s dividend payout ratio (DPR) is presently 80.45%.

National Fuel Gas Profile

National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil. The Pipeline and Storage segment provides interstate natural gas transportation services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields.