Vanguard Group Inc. Sells 60,166 Shares of National Fuel Gas Company $NFG

Vanguard Group Inc. lowered its holdings in National Fuel Gas Company (NYSE:NFG) by 0.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,170,906 shares of the oil and gas producer’s stock after selling 60,166 shares during the quarter. Vanguard Group Inc. owned 0.13% of National Fuel Gas worth $974,403,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC bought a new position in shares of National Fuel Gas in the third quarter valued at approximately $5,228,000. Citigroup Inc. raised its stake in shares of National Fuel Gas by 51.7% in the third quarter. Citigroup Inc. now owns 64,112 shares of the oil and gas producer’s stock valued at $5,922,000 after acquiring an additional 21,861 shares during the last quarter. Nordea Investment Management AB raised its stake in shares of National Fuel Gas by 15.2% in the third quarter. Nordea Investment Management AB now owns 103,374 shares of the oil and gas producer’s stock valued at $9,541,000 after acquiring an additional 13,620 shares during the last quarter. Gotham Asset Management LLC raised its stake in shares of National Fuel Gas by 74.9% in the third quarter. Gotham Asset Management LLC now owns 521,928 shares of the oil and gas producer’s stock valued at $48,210,000 after acquiring an additional 223,459 shares during the last quarter. Finally, Kayne Anderson Capital Advisors LP raised its stake in shares of National Fuel Gas by 158.7% in the third quarter. Kayne Anderson Capital Advisors LP now owns 95,206 shares of the oil and gas producer’s stock valued at $8,794,000 after acquiring an additional 58,399 shares during the last quarter. Institutional investors own 73.96% of the company’s stock.

More National Fuel Gas News

Here are the key news stories impacting National Fuel Gas this week:

• Positive Sentiment: Management reiterated FY2026 guidance of $7.45–$7.75 EPS and struck a confident tone on the earnings call, which supports forward expectations and reduces uncertainty around full-year targets. National Fuel Gas Earnings Call Signals Resilient Growth
• Positive Sentiment: Q2 showed higher revenue and net income year-over-year and a solid return on equity, indicating the business model still generates healthy margins despite headwinds. National Fuel Gas Q2 Earnings Lag Estimates, Revenues Increase Y/Y
• Neutral Sentiment: Company is advancing a $93M Line N pipeline upgrade targeted for late 2028 — a long-term infrastructure lift that should support volumes and reliability but increases near-term capital commitments. National Fuel outlines $7.45-$7.75 EPS guidance while advancing $93M Line N upgrade for late 2028
• Neutral Sentiment: Management is exploring acquiring a larger Erie office (adding ~80 jobs), signaling investment in workforce and operations growth in the region; impact on earnings is modest but positive for long-term capacity. Erie office building was once home to Hammermill. NFG eyes buying it
• Negative Sentiment: Adjusted EPS missed consensus, largely attributed to declining production volumes this quarter — the primary near-term catalyst dragging the stock down. National Fuel Gas Q2 Earnings Lag Estimates, Revenues Increase Y/Y
• Negative Sentiment: Planned capex (Line N) and any reallocation of cash to upgrades could pressure near-term free cash flow and create execution risk on timing/costs — a concern for income-focused investors given the company’s dividend profile. National Fuel outlines $7.45-$7.75 EPS guidance while advancing $93M Line N upgrade for late 2028

National Fuel Gas Stock Down 1.6%

NYSE:NFG opened at $83.05 on Friday. The stock’s fifty day moving average price is $91.69 and its two-hundred day moving average price is $85.37. National Fuel Gas Company has a 52-week low of $77.22 and a 52-week high of $97.06. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.59 and a current ratio of 0.62. The company has a market cap of $7.89 billion, a price-to-earnings ratio of 11.24, a P/E/G ratio of 1.19 and a beta of 0.41.

National Fuel Gas (NYSE:NFG) last posted its quarterly earnings data on Wednesday, April 29th. The oil and gas producer reported $2.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.85 by ($0.14). National Fuel Gas had a return on equity of 20.62% and a net margin of 27.48%.The firm had revenue of $858.37 million for the quarter, compared to analyst estimates of $856.57 million. During the same period in the prior year, the company posted $2.39 EPS. The firm’s quarterly revenue was up 17.6% compared to the same quarter last year. National Fuel Gas has set its FY 2026 guidance at 7.450-7.750 EPS. On average, analysts anticipate that National Fuel Gas Company will post 7.72 EPS for the current year.

National Fuel Gas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.535 per share. This represents a $2.14 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Tuesday, March 31st. National Fuel Gas’s payout ratio is currently 29.85%.

Analyst Ratings Changes

A number of research firms have recently issued reports on NFG. Zacks Research upgraded shares of National Fuel Gas from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. KeyCorp began coverage on shares of National Fuel Gas in a research note on Tuesday, April 7th. They issued an “overweight” rating and a $110.00 target price for the company. Finally, Scotiabank set a $101.00 target price on shares of National Fuel Gas in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $106.00.

About National Fuel Gas

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.