Consolidated Planning Corp Buys 1,614 Shares of National Fuel Gas Company $NFG

Consolidated Planning Corp raised its stake in shares of National Fuel Gas Company (NYSE:NFG) by 10.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,357 shares of the oil and gas producer’s stock after acquiring an additional 1,614 shares during the quarter. Consolidated Planning Corp’s holdings in National Fuel Gas were worth $1,386,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Parallel Advisors LLC increased its position in National Fuel Gas by 2.8% in the second quarter. Parallel Advisors LLC now owns 4,784 shares of the oil and gas producer’s stock worth $405,000 after purchasing an additional 129 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in National Fuel Gas by 3.0% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,285 shares of the oil and gas producer’s stock worth $419,000 after buying an additional 156 shares during the last quarter. Horizon Investment Services LLC boosted its holdings in National Fuel Gas by 2.5% during the first quarter. Horizon Investment Services LLC now owns 6,618 shares of the oil and gas producer’s stock worth $524,000 after buying an additional 162 shares during the last quarter. UMB Bank n.a. boosted its holdings in National Fuel Gas by 19.6% during the second quarter. UMB Bank n.a. now owns 1,012 shares of the oil and gas producer’s stock worth $86,000 after buying an additional 166 shares during the last quarter. Finally, Donald L. Hagan LLC boosted its holdings in National Fuel Gas by 1.2% during the first quarter. Donald L. Hagan LLC now owns 15,598 shares of the oil and gas producer’s stock worth $1,235,000 after buying an additional 183 shares during the last quarter. 73.96% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

NFG has been the topic of a number of recent analyst reports. Wall Street Zen cut National Fuel Gas from a “buy” rating to a “hold” rating in a report 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 report on Tuesday, July 15th. Zacks Research cut National Fuel Gas from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. Finally, Scotiabank restated an “outperform” rating on shares of National Fuel Gas in a report on Wednesday, August 13th. One investment 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. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $96.67.

National Fuel Gas Trading Up 0.2%

NYSE:NFG opened at $92.54 on Thursday. National Fuel Gas Company has a fifty-two week low of $58.82 and a fifty-two week high of $94.13. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.46 and a quick ratio of 0.39. The stock has a market capitalization of $8.36 billion, a PE ratio of 34.79, a price-to-earnings-growth ratio of 0.55 and a beta of 0.58. The business’s 50-day simple moving average is $87.77 and its 200-day simple moving average is $83.47.

National Fuel Gas (NYSE:NFG) last released its earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 EPS for the quarter, beating the consensus estimate of $1.50 by $0.14. The firm had revenue of $531.83 million for the quarter, compared to analysts’ expectations of $596.12 million. National Fuel Gas had a return on equity of 20.81% and a net margin of 11.15%.The business’s quarterly revenue was up 27.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.99 EPS. National Fuel Gas has set its FY 2026 guidance at 8.000-8.500 EPS. FY 2025 guidance at 6.800-6.950 EPS. Sell-side analysts expect 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 declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.535 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $2.14 annualized dividend and a dividend yield of 2.3%. National Fuel Gas’s payout ratio is 80.45%.

National Fuel Gas Company 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.