National Fuel Gas Company $NFG Shares Purchased by TD Asset Management Inc

TD Asset Management Inc raised its stake in National Fuel Gas Company (NYSE:NFG) by 110.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,900 shares of the oil and gas producer’s stock after acquiring an additional 7,300 shares during the quarter. TD Asset Management Inc’s holdings in National Fuel Gas were worth $1,284,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Root Financial Partners LLC acquired a new stake in National Fuel Gas in the 3rd quarter valued at $29,000. Richardson Financial Services Inc. lifted its position in National Fuel Gas by 88.5% during the 3rd quarter. Richardson Financial Services Inc. now owns 360 shares of the oil and gas producer’s stock worth $33,000 after acquiring an additional 169 shares in the last quarter. Golden State Wealth Management LLC boosted its holdings in National Fuel Gas by 355.1% in the 2nd quarter. Golden State Wealth Management LLC now owns 405 shares of the oil and gas producer’s stock worth $34,000 after acquiring an additional 316 shares during the period. Hantz Financial Services Inc. grew its position in National Fuel Gas by 105.3% in the third quarter. Hantz Financial Services Inc. now owns 423 shares of the oil and gas producer’s stock valued at $39,000 after acquiring an additional 217 shares in the last quarter. Finally, True Wealth Design LLC raised its stake in shares of National Fuel Gas by 3,883.3% during the third quarter. True Wealth Design LLC now owns 478 shares of the oil and gas producer’s stock valued at $44,000 after purchasing an additional 466 shares during the period. 73.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have weighed in on NFG. Scotiabank set a $101.00 price objective on shares of National Fuel Gas in a research report on Wednesday, January 21st. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of National Fuel Gas in a report on Monday, December 29th. Finally, Zacks Research downgraded shares of National Fuel Gas from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $96.33.

National Fuel Gas Trading Down 0.7%

NYSE:NFG opened at $92.92 on Friday. The firm has a market capitalization of $8.83 billion, a P/E ratio of 12.96, a P/E/G ratio of 1.20 and a beta of 0.57. The business has a 50 day simple moving average of $84.21 and a 200 day simple moving average of $84.28. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.65 and a quick ratio of 0.59. National Fuel Gas Company has a 12-month low of $69.93 and a 12-month high of $94.13.

National Fuel Gas (NYSE:NFG) last posted its earnings results on Wednesday, January 28th. The oil and gas producer reported $2.06 EPS for the quarter, beating the consensus estimate of $1.91 by $0.15. The firm had revenue of $651.51 million for the quarter, compared to analysts’ expectations of $650.70 million. National Fuel Gas had a return on equity of 21.45% and a net margin of 27.65%.The firm’s revenue was up 18.6% compared to the same quarter last year. During the same period last year, the firm earned $1.66 EPS. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. Equities research analysts predict that National Fuel Gas Company will post 6.64 EPS for the current year.

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.