ONE Gas, Inc. (NYSE:OGS) Receives Consensus Recommendation of “Hold” from Analysts

Shares of ONE Gas, Inc. (NYSE:OGS) have been given an average recommendation of “Hold” by the ten brokerages that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $86.8750.

Several research analysts have recently commented on the company. Bank of America boosted their target price on ONE Gas from $90.00 to $92.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. UBS Group dropped their price target on ONE Gas from $86.00 to $83.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Weiss Ratings downgraded ONE Gas from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 5th. Stifel Nicolaus boosted their price objective on ONE Gas from $88.00 to $90.00 and gave the stock a “hold” rating in a research note on Tuesday, February 24th. Finally, Mizuho increased their target price on ONE Gas from $87.00 to $90.00 and gave the stock an “outperform” rating in a report on Wednesday, December 3rd.

ONE Gas Trading Up 1.5%

Shares of ONE Gas stock opened at $86.22 on Tuesday. ONE Gas has a 12-month low of $69.75 and a 12-month high of $88.03. The stock has a market capitalization of $5.41 billion, a P/E ratio of 19.73, a price-to-earnings-growth ratio of 2.21 and a beta of 0.80. The company has a 50-day simple moving average of $84.08 and a 200 day simple moving average of $81.13. The company has a quick ratio of 0.48, a current ratio of 0.60 and a debt-to-equity ratio of 0.68.

ONE Gas (NYSE:OGS) last released its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $1.48 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.06. The firm had revenue of $689.37 million for the quarter, compared to analyst estimates of $990.44 million. ONE Gas had a net margin of 10.89% and a return on equity of 8.24%. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.34 earnings per share. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Research analysts expect that ONE Gas will post 4.26 earnings per share for the current fiscal year.

ONE Gas Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 6th. Shareholders of record on Friday, February 20th were issued a dividend of $0.68 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a yield of 3.2%. This is an increase from ONE Gas’s previous quarterly dividend of $0.67. ONE Gas’s payout ratio is currently 62.24%.

Insiders Place Their Bets

In other ONE Gas news, insider Brian F. Brumfield sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $86.44, for a total value of $86,440.00. Following the completion of the sale, the insider owned 2,246 shares in the company, valued at approximately $194,144.24. This trade represents a 30.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.38% of the company’s stock.

Institutional Trading of ONE Gas

Several hedge funds have recently modified their holdings of OGS. American Century Companies Inc. raised its position in ONE Gas by 5.6% in the 3rd quarter. American Century Companies Inc. now owns 3,816,387 shares of the utilities provider’s stock worth $308,899,000 after purchasing an additional 202,189 shares during the last quarter. Alliancebernstein L.P. increased its stake in shares of ONE Gas by 6.9% in the 3rd quarter. Alliancebernstein L.P. now owns 1,707,792 shares of the utilities provider’s stock valued at $138,229,000 after buying an additional 110,305 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of ONE Gas by 37.4% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,398,440 shares of the utilities provider’s stock valued at $108,029,000 after buying an additional 380,668 shares during the period. Boston Trust Walden Corp raised its position in shares of ONE Gas by 5.3% during the fourth quarter. Boston Trust Walden Corp now owns 1,103,732 shares of the utilities provider’s stock worth $85,263,000 after acquiring an additional 55,507 shares during the last quarter. Finally, Morgan Stanley raised its position in shares of ONE Gas by 28.2% during the fourth quarter. Morgan Stanley now owns 992,430 shares of the utilities provider’s stock worth $76,665,000 after acquiring an additional 218,571 shares during the last quarter. 88.71% of the stock is owned by institutional investors.

About ONE Gas

ONE Gas, Inc is a publicly traded natural gas utility company focused on the regulated distribution of natural gas to residential, commercial and industrial customers. Headquartered in Tulsa, Oklahoma, the company owns and operates an integrated system of transmission and distribution pipelines, storage facilities and compressor stations designed to deliver safe, reliable energy to end users. Its operations are governed by state utility commissions, which set rates and service standards in the markets the company serves.

The company’s service territory spans three states: Oklahoma, Kansas and the Texas Panhandle.