Fox Run Management L.L.C. Acquires Shares of 12,112 ONE Gas, Inc. $OGS

Fox Run Management L.L.C. acquired a new stake in ONE Gas, Inc. (NYSE:OGS) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 12,112 shares of the utilities provider’s stock, valued at approximately $936,000.

Several other large investors also recently bought and sold shares of the company. Cerity Partners LLC grew its position in ONE Gas by 8.4% in the fourth quarter. Cerity Partners LLC now owns 17,948 shares of the utilities provider’s stock valued at $1,386,000 after acquiring an additional 1,384 shares in the last quarter. LPL Financial LLC grew its position in shares of ONE Gas by 4.8% during the fourth quarter. LPL Financial LLC now owns 33,027 shares of the utilities provider’s stock worth $2,551,000 after buying an additional 1,506 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of ONE Gas by 45.4% during the fourth quarter. JPMorgan Chase & Co. now owns 609,933 shares of the utilities provider’s stock worth $47,117,000 after buying an additional 190,399 shares in the last quarter. WINTON GROUP Ltd grew its position in shares of ONE Gas by 1.1% during the fourth quarter. WINTON GROUP Ltd now owns 15,536 shares of the utilities provider’s stock worth $1,200,000 after buying an additional 165 shares in the last quarter. Finally, Parallel Advisors LLC grew its position in shares of ONE Gas by 16.3% during the fourth quarter. Parallel Advisors LLC now owns 1,006 shares of the utilities provider’s stock worth $78,000 after buying an additional 141 shares in the last quarter. Institutional investors and hedge funds own 88.71% of the company’s stock.

Analyst Ratings Changes

OGS has been the subject of a number of recent analyst reports. Stifel Nicolaus raised their price target on shares of ONE Gas from $88.00 to $90.00 and gave the stock a “hold” rating in a research report on Tuesday, February 24th. Mizuho decreased their price target on shares of ONE Gas from $94.00 to $89.00 and set an “outperform” rating for the company in a research report on Tuesday. Wells Fargo & Company initiated coverage on shares of ONE Gas in a research report on Monday, May 11th. They set an “underweight” rating and a $85.00 price target for the company. Wolfe Research initiated coverage on shares of ONE Gas in a research report on Tuesday, May 26th. They set a “peer perform” rating for the company. Finally, Wall Street Zen downgraded shares of ONE Gas from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, ONE Gas has an average rating of “Hold” and a consensus price target of $89.38.

ONE Gas Stock Performance

ONE Gas stock opened at $77.12 on Thursday. The company has a market cap of $4.84 billion, a PE ratio of 17.41, a P/E/G ratio of 2.58 and a beta of 0.66. The company has a fifty day moving average price of $84.61 and a two-hundred day moving average price of $82.67. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.57 and a quick ratio of 0.48. ONE Gas, Inc. has a 12 month low of $70.87 and a 12 month high of $90.78.

ONE Gas (NYSE:OGS) last released its quarterly earnings data on Monday, May 4th. The utilities provider reported $2.11 EPS for the quarter, missing analysts’ consensus estimates of $2.13 by ($0.02). The business had revenue of $831.71 million during the quarter, compared to analyst estimates of $969.36 million. ONE Gas had a return on equity of 8.45% and a net margin of 11.77%.The business’s revenue for the quarter was down 11.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.99 EPS. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Research analysts expect that ONE Gas, Inc. will post 4.72 earnings per share for the current year.

ONE Gas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Monday, May 18th were issued a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Monday, May 18th. ONE Gas’s payout ratio is currently 61.40%.

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.