Mitsubishi UFJ Trust & Banking Corp Sells 6,051 Shares of National Fuel Gas Company $NFG

Mitsubishi UFJ Trust & Banking Corp cut its holdings in shares of National Fuel Gas Company (NYSE:NFG) by 10.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 53,762 shares of the oil and gas producer’s stock after selling 6,051 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in National Fuel Gas were worth $4,304,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Root Financial Partners LLC bought a new stake in shares of National Fuel Gas in the third quarter valued at about $29,000. Richardson Financial Services Inc. lifted its holdings in shares of National Fuel Gas by 88.5% in the third quarter. Richardson Financial Services Inc. now owns 360 shares of the oil and gas producer’s stock valued at $33,000 after purchasing an additional 169 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of 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 purchasing an additional 217 shares in the last quarter. True Wealth Design LLC lifted its holdings in shares of National Fuel Gas by 3,883.3% in 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 in the last quarter. Finally, Eastern Bank bought a new stake in shares of National Fuel Gas in the fourth quarter valued at about $42,000. 73.96% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

NFG has been the topic of a number of research reports. Zacks Research upgraded National Fuel Gas from a “strong sell” rating to a “hold” rating in a report on Monday, March 9th. KeyCorp initiated coverage on National Fuel Gas in a research report on Tuesday, April 7th. They issued an “overweight” rating and a $110.00 target price on the stock. Finally, Scotiabank set a $101.00 target price on National Fuel Gas in a research report on Wednesday, January 21st. One equities 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 stock. According to MarketBeat, National Fuel Gas currently has a consensus rating of “Moderate Buy” and a consensus price target of $106.00.

National Fuel Gas Trading Up 0.1%

Shares of NYSE:NFG opened at $83.05 on Monday. The company has a market capitalization of $7.89 billion, a P/E ratio of 11.24, a P/E/G ratio of 1.17 and a beta of 0.41. National Fuel Gas Company has a 1 year low of $77.22 and a 1 year high of $97.06. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.62 and a quick ratio of 0.55. The business’s 50 day simple moving average is $91.69 and its 200 day simple moving average is $85.38.

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

National Fuel Gas Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a dividend of $0.535 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.14 dividend on an annualized basis and a yield of 2.6%. National Fuel Gas’s dividend payout ratio is currently 28.96%.

National Fuel Gas News Roundup

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

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.