SBI Okasan Asset Management Co.Ltd. Makes New $1.72 Million Investment in National Fuel Gas Company $NFG

Posted by Brenda Bartman on May 29th, 2026

SBI Okasan Asset Management Co.Ltd. bought a new position in National Fuel Gas Company (NYSE:NFG – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 21,270 shares of the oil and gas producer’s stock, valued at approximately $1,720,000.

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

National Fuel Gas Price Performance

NFG opened at $78.07 on Friday. The business has a fifty day moving average of $87.76 and a 200 day moving average of $85.30. National Fuel Gas Company has a 52-week low of $77.22 and a 52-week high of $97.06. The company has a quick ratio of 0.55, a current ratio of 0.62 and a debt-to-equity ratio of 0.55. The stock has a market cap of $7.42 billion, a P/E ratio of 10.56, a PEG ratio of 1.70 and a beta of 0.41.

National Fuel Gas (NYSE:NFG – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. 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). National Fuel Gas had a net margin of 27.48% and a return on equity of 20.62%. The business had revenue of $858.37 million for the quarter, compared to analysts’ expectations of $856.57 million. During the same quarter in the previous year, the firm earned $2.39 EPS. National Fuel Gas’s revenue was up 17.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that National Fuel Gas Company will post 7.66 EPS for the current year.

National Fuel Gas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a dividend of $0.535 per share. The ex-dividend date was Tuesday, March 31st. This represents a $2.14 dividend on an annualized basis and a yield of 2.7%. National Fuel Gas’s payout ratio is presently 28.96%.

Wall Street Analysts Forecast Growth

NFG has been the topic of several recent analyst reports. Zacks Research raised National Fuel Gas from a “strong sell” rating to a “hold” rating in a research note on Monday, March 9th. KeyCorp initiated coverage on National Fuel Gas in a research note on Tuesday, April 7th. They set an “overweight” rating and a $110.00 target price on the stock. Finally, Weiss Ratings raised National Fuel Gas from a “buy (b)” rating to a “buy (b+)” rating in a research note on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, National Fuel Gas has a consensus rating of “Moderate Buy” and a consensus target price of $106.00.

Check Out Our Latest Analysis on National Fuel Gas

National Fuel Gas Profile

(Free Report)

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.