Cooper Financial Group Cuts Stake in National Fuel Gas Company $NFG

Cooper Financial Group reduced its position in National Fuel Gas Company (NYSE:NFG) by 5.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,191 shares of the oil and gas producer’s stock after selling 171 shares during the quarter. Cooper Financial Group’s holdings in National Fuel Gas were worth $270,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Assetmark Inc. lifted its stake in shares of National Fuel Gas by 9,475.0% during the first quarter. Assetmark Inc. now owns 383 shares of the oil and gas producer’s stock worth $30,000 after buying an additional 379 shares during the period. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of National Fuel Gas during the second quarter worth $30,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of National Fuel Gas by 316.7% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 400 shares of the oil and gas producer’s stock worth $32,000 after buying an additional 304 shares during the period. Cranbrook Wealth Management LLC acquired a new stake in shares of National Fuel Gas during the first quarter worth $40,000. Finally, Inlight Wealth Management LLC acquired a new stake in shares of National Fuel Gas during the first quarter worth $40,000. 73.96% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on NFG. Wall Street Zen downgraded shares of National Fuel Gas from a “buy” rating to a “hold” rating in a research note on Sunday, August 10th. Scotiabank reiterated an “outperform” rating on shares of National Fuel Gas in a research note on Wednesday, August 13th. Zacks Research downgraded shares of National Fuel Gas from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 18th. Finally, Bank of America upgraded shares of National Fuel Gas from an “underperform” rating to a “buy” rating and lifted their price objective for the stock from $85.00 to $107.00 in a research note on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, National Fuel Gas has an average rating of “Moderate Buy” and a consensus price target of $96.67.

National Fuel Gas Trading Down 0.7%

NYSE NFG opened at $91.79 on Friday. The company has a market capitalization of $8.29 billion, a PE ratio of 34.51, a P/E/G ratio of 0.44 and a beta of 0.58. The company has a fifty day moving average of $87.86 and a 200 day moving average of $83.57. National Fuel Gas Company has a 1 year low of $58.82 and a 1 year 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.

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

National Fuel Gas Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be given a dividend of $0.535 per share. The ex-dividend date is Tuesday, September 30th. This represents a $2.14 dividend on an annualized basis and a yield of 2.3%. National Fuel Gas’s payout ratio is currently 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.