Kayne Anderson Capital Advisors LP Purchases Shares of 59,763 National Fuel Gas Company $NFG

Posted by Geri Gentry on Aug 21st, 2026

Kayne Anderson Capital Advisors LP purchased a new position in National Fuel Gas Company (NYSE:NFG – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 59,763 shares of the oil and gas producer’s stock, valued at approximately $4,614,000.

Several other hedge funds have also recently modified their holdings of NFG. SJS Investment Consulting Inc. raised its position in shares of National Fuel Gas by 458.0% in the 1st quarter. SJS Investment Consulting Inc. now owns 279 shares of the oil and gas producer’s stock valued at $26,000 after purchasing an additional 229 shares during the last quarter. Fairscale Capital LLC acquired a new position in National Fuel Gas during the 4th quarter valued at approximately $29,000. HM Payson & Co. purchased a new position in shares of National Fuel Gas in the fourth quarter worth $29,000. Cassaday & Co Wealth Management LLC acquired a new stake in shares of National Fuel Gas during the first quarter worth $38,000. Finally, Bogart Wealth LLC grew its holdings in shares of National Fuel Gas by 170.2% during the first quarter. Bogart Wealth LLC now owns 516 shares of the oil and gas producer’s stock valued at $49,000 after buying an additional 325 shares during the last quarter. Institutional investors and hedge funds own 73.96% of the company’s stock.

National Fuel Gas Trading Up 0.6%

National Fuel Gas stock opened at $84.04 on Friday. The firm has a market cap of $7.99 billion, a PE ratio of 11.67, a P/E/G ratio of 1.86 and a beta of 0.37. National Fuel Gas Company has a 12 month low of $75.17 and a 12 month high of $97.06. The stock’s 50 day simple moving average is $79.95 and its two-hundred day simple moving average is $84.55. The company has a current ratio of 3.20, a quick ratio of 3.07 and a debt-to-equity ratio of 0.91.

National Fuel Gas (NYSE:NFG – Get Free Report) last posted its earnings results on Thursday, July 30th. The oil and gas producer reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.10. National Fuel Gas had a net margin of 26.97% and a return on equity of 19.04%. The firm had revenue of $537.50 million during the quarter, compared to analysts’ expectations of $564.33 million. During the same period in the previous year, the business posted $1.64 EPS. The business’s revenue was up 1.1% compared to the same quarter last year. Analysts anticipate that National Fuel Gas Company will post 7.5 earnings per share for the current year.

National Fuel Gas Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.555 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This is a positive change from National Fuel Gas’s previous quarterly dividend of $0.54. This represents a $2.22 dividend on an annualized basis and a yield of 2.6%. National Fuel Gas’s dividend payout ratio is presently 30.83%.

Analysts Set New Price Targets

NFG has been the subject of a number of research analyst reports. Weiss Ratings lowered National Fuel Gas from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, July 21st. Wall Street Zen upgraded National Fuel Gas from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $105.50.

View Our Latest Stock Analysis on National Fuel Gas

National Fuel Gas Company 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.