Knights of Columbus Asset Advisors LLC Has $13.67 Million Stock Holdings in National Fuel Gas Company $NFG

Knights of Columbus Asset Advisors LLC trimmed its holdings in shares of National Fuel Gas Company (NYSE:NFG) by 24.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 161,317 shares of the oil and gas producer’s stock after selling 53,488 shares during the period. National Fuel Gas makes up about 0.8% of Knights of Columbus Asset Advisors LLC’s holdings, making the stock its 27th biggest position. Knights of Columbus Asset Advisors LLC’s holdings in National Fuel Gas were worth $13,665,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. LSV Asset Management grew its stake in National Fuel Gas by 29.6% during the 1st quarter. LSV Asset Management now owns 2,153,236 shares of the oil and gas producer’s stock valued at $170,515,000 after acquiring an additional 491,890 shares in the last quarter. Gamco Investors INC. ET AL grew its position in National Fuel Gas by 3.3% during the first quarter. Gamco Investors INC. ET AL now owns 1,495,867 shares of the oil and gas producer’s stock valued at $118,458,000 after purchasing an additional 48,202 shares in the last quarter. Northern Trust Corp increased its stake in National Fuel Gas by 15.3% in the 1st quarter. Northern Trust Corp now owns 1,174,783 shares of the oil and gas producer’s stock valued at $93,031,000 after buying an additional 155,711 shares during the period. Bank of New York Mellon Corp lifted its position in National Fuel Gas by 2.1% in the 1st quarter. Bank of New York Mellon Corp now owns 1,104,852 shares of the oil and gas producer’s stock worth $87,493,000 after buying an additional 22,320 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in shares of National Fuel Gas by 93.7% during the 1st quarter. Invesco Ltd. now owns 951,069 shares of the oil and gas producer’s stock valued at $75,315,000 after buying an additional 460,100 shares during the period. 73.96% of the stock is owned by hedge funds and other institutional investors.

National Fuel Gas Stock Down 3.4%

Shares of NFG stock opened at $88.63 on Monday. The stock’s 50 day simple moving average is $87.90 and its 200 day simple moving average is $83.71. National Fuel Gas Company has a twelve month low of $58.82 and a twelve month high of $94.13. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.39 and a current ratio of 0.46. The company has a market capitalization of $8.01 billion, a price-to-earnings ratio of 33.32, a PEG ratio of 0.42 and a beta of 0.58.

National Fuel Gas (NYSE:NFG) last announced its quarterly 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. National Fuel Gas had a return on equity of 20.81% and a net margin of 11.15%.The company had revenue of $531.83 million for the quarter, compared to the consensus estimate of $596.12 million. During the same quarter last year, the company posted $0.99 earnings per share. The company’s revenue for the quarter 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, research analysts predict that National Fuel Gas Company will post 6.64 EPS for the current year.

National Fuel Gas Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be issued a $0.535 dividend. This represents a $2.14 annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, September 30th. National Fuel Gas’s dividend payout ratio (DPR) is 80.45%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on NFG shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of National Fuel Gas in a research note on Saturday, September 27th. Wall Street Zen downgraded National Fuel Gas from a “buy” rating to a “hold” rating in a research note on Sunday, August 10th. Zacks Research cut National Fuel Gas from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 18th. Bank of America raised shares of National Fuel Gas from an “underperform” rating to a “buy” rating and raised their price objective for the company from $85.00 to $107.00 in a research report on Tuesday, July 15th. Finally, Scotiabank reiterated an “outperform” rating on shares of National Fuel Gas in a research note on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $96.67.

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.