State Street Amends National Fuel Gas Co. Stake
Ticker: NFG · Form: SC 13G/A · Filed: 2024-01-22T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investing
TL;DR
**State Street just updated its stake in National Fuel Gas Co., watch for details on their new ownership percentage.**
AI Summary
State Street Corporation, a major financial institution, filed an SC 13G/A on January 22, 2024, indicating its ownership of National Fuel Gas Co. common stock as of December 31, 2023. This filing is an amendment, suggesting a change in their previously reported stake. For investors, this matters because large institutional holdings can signal confidence in a company, but a decrease could suggest a shift in sentiment or strategy from a significant player like State Street.
Why It Matters
Institutional ownership changes can influence stock prices and reflect major investors' confidence or concerns about a company's future prospects.
Risk Assessment
Risk Level: low — This filing is routine for large institutional investors and doesn't inherently signal high risk, but the specific change in ownership percentage (not detailed in this excerpt) could be more significant.
Analyst Insight
Investors should look for the full SC 13G/A filing to determine the exact percentage of National Fuel Gas Co. shares now owned by State Street Corporation to understand the magnitude of the change and its potential implications.
Key Players & Entities
- State Street Corporation (company) — the reporting person and institutional investor
- National Fuel Gas Co. (company) — the subject company whose stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 22, 2024 (date) — the filing date of the SC 13G/A
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, indicating a change in beneficial ownership by a passive institutional investor.
Who is the reporting person in this filing?
The reporting person is State Street Corporation, identified by CIK 0000093751 and IRS Identification No. 04-2456637.
What is the subject company whose securities are being reported?
The subject company is NATIONAL FUEL GAS CO, with CIK 0000070145, and the securities are its Common Stock.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13D-1 (B), as indicated by the 'X' in the appropriate box.
From the Filing
EDGAR Filing Documents for 0000093751-24-000062 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0000093751-24-000062 Filing Date 2024-01-22 Accepted 2024-01-22 12:52:02 Documents 1 Document Format Files Seq Description Document Type Size 1 National_Fuel_Gas_Co.txt SC 13G/A 6582 Complete submission text file 0000093751-24-000062.txt 8543 Mailing Address 6363 MAIN STREET 6363 MAIN STREET WILLIAMSVILLE NY 14221-5887 Business Address 6363 MAIN STREET WILLIAMSVILLE NY 14221-5887 716-857-7000 NATIONAL FUEL GAS CO (Subject) CIK : 0000070145 (see all company filings) EIN. : 131086010 | State of Incorp.: NJ | Fiscal Year End: 0930 Type: SC 13G/A | Act: 34 | File No.: 005-37191 | Film No.: 24547865 SIC : 4924 Natural Gas Distribution (CF Office: 01 Energy & Transportation) Mailing Address 1 CONGRESS STREET SUITE 1 BOSTON MA 02114 Business Address 1 CONGRESS STREET SUITE 1 BOSTON MA 02114 617 786-3000 STATE STREET CORP (Filed by) CIK : 0000093751 (see all company filings) EIN. : 042456637 | State of Incorp.: MA | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6022 State Commercial Banks (CF Office: 02 Finance)