56,271 Shares in National Fuel Gas Company $NFG Acquired by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC bought a new stake in shares of National Fuel Gas Company (NYSE:NFG) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 56,271 shares of the oil and gas producer’s stock, valued at approximately $5,228,000. Ashton Thomas Private Wealth LLC owned about 0.06% of National Fuel Gas at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of NFG. US Bancorp DE increased its holdings in National Fuel Gas by 0.6% in the 2nd quarter. US Bancorp DE now owns 25,766 shares of the oil and gas producer’s stock worth $2,183,000 after buying an additional 161 shares in the last quarter. Richardson Financial Services Inc. boosted its holdings in shares of 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 valued at $33,000 after acquiring an additional 169 shares during the last quarter. HBK Sorce Advisory LLC grew its stake in shares of National Fuel Gas by 0.8% in the third quarter. HBK Sorce Advisory LLC now owns 21,739 shares of the oil and gas producer’s stock worth $1,930,000 after acquiring an additional 179 shares during the period. MAI Capital Management raised its holdings in shares of National Fuel Gas by 5.4% during the second quarter. MAI Capital Management now owns 4,150 shares of the oil and gas producer’s stock valued at $352,000 after purchasing an additional 211 shares during the last quarter. Finally, Atria Investments Inc lifted its position in National Fuel Gas by 8.4% during the second quarter. Atria Investments Inc now owns 2,827 shares of the oil and gas producer’s stock valued at $240,000 after purchasing an additional 219 shares during the period. Institutional investors own 73.96% of the company’s stock.

National Fuel Gas Trading Up 0.9%

NYSE:NFG opened at $84.18 on Thursday. National Fuel Gas Company has a one year low of $69.93 and a one year high of $94.13. The business has a fifty day moving average price of $81.59 and a 200-day moving average price of $84.14. The firm has a market capitalization of $8.00 billion, a price-to-earnings ratio of 11.74, a price-to-earnings-growth ratio of 1.07 and a beta of 0.60. 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 (NYSE:NFG) last released its quarterly earnings results on Wednesday, January 28th. The oil and gas producer reported $2.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.91 by $0.15. The business had revenue of $651.51 million during the quarter, compared to analyst estimates of $650.70 million. National Fuel Gas had a return on equity of 21.45% and a net margin of 27.65%.National Fuel Gas’s revenue for the quarter was up 18.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.66 earnings per share. National Fuel Gas has set its FY 2026 guidance at 7.600-8.100 EPS. Sell-side analysts forecast that National Fuel Gas Company will post 6.64 EPS for the current year.

National Fuel Gas Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.535 per share. This represents a $2.14 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Wednesday, December 31st. National Fuel Gas’s dividend payout ratio (DPR) is presently 29.85%.

Analyst Upgrades and Downgrades

NFG has been the topic of several research reports. Scotiabank set a $101.00 target price on shares of National Fuel Gas in a 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 cut National Fuel Gas from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 21st. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $96.33.

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.