National Fuel Gas Company $NFG Holdings Lifted by TD Asset Management Inc

TD Asset Management Inc boosted its holdings in National Fuel Gas Company (NYSE:NFG) by 110.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 13,900 shares of the oil and gas producer’s stock after purchasing 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 reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Goldman Sachs Group Inc. grew its stake in shares of National Fuel Gas by 30.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 159,953 shares of the oil and gas producer’s stock worth $12,667,000 after purchasing an additional 36,913 shares during the last quarter. Empowered Funds LLC acquired a new position in National Fuel Gas in the first quarter worth approximately $247,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of National Fuel Gas by 3.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 220,730 shares of the oil and gas producer’s stock valued at $17,480,000 after buying an additional 8,304 shares in the last quarter. Focus Partners Wealth increased its holdings in shares of National Fuel Gas by 79.5% in the first quarter. Focus Partners Wealth now owns 12,729 shares of the oil and gas producer’s stock valued at $1,008,000 after buying an additional 5,638 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new stake in shares of National Fuel Gas during the 1st quarter worth $138,000. 73.96% of the stock is owned by institutional investors and hedge funds.

National Fuel Gas Price Performance

NYSE NFG opened at $92.92 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.65 and a quick ratio of 0.59. The firm has a market capitalization of $8.83 billion, a price-to-earnings ratio of 12.96, a price-to-earnings-growth ratio of 1.20 and a beta of 0.57. The company has a 50 day simple moving average of $84.21 and a 200-day simple moving average of $84.28. National Fuel Gas Company has a 52-week low of $69.93 and a 52-week high of $94.13.

National Fuel Gas (NYSE:NFG) last released its quarterly earnings data on Wednesday, January 28th. The oil and gas producer reported $2.06 earnings per share 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 analyst estimates of $650.70 million. National Fuel Gas had a net margin of 27.65% and a return on equity of 21.45%. The company’s revenue for the quarter was up 18.6% compared to the same quarter last year. During the same quarter in the prior year, the business 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 earnings per share for the current fiscal year.

Analyst Ratings Changes

NFG has been the topic of a number of recent analyst reports. Zacks Research lowered National Fuel Gas from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 21st. Weiss Ratings restated a “buy (b-)” rating on shares of National Fuel Gas in a report on Monday, December 29th. Finally, Scotiabank set a $101.00 price objective on shares of National Fuel Gas in a research note on Wednesday, January 21st. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $96.33.

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.