49,343 Shares in OGE Energy Corporation $OGE Bought by Quantbot Technologies LP

Quantbot Technologies LP bought a new position in shares of OGE Energy Corporation (NYSE:OGE) during the 3rd quarter, Holdings Channel.com reports. The firm bought 49,343 shares of the utilities provider’s stock, valued at approximately $2,283,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital A Wealth Management LLC boosted its stake in shares of OGE Energy by 5,157.1% during the 2nd quarter. Capital A Wealth Management LLC now owns 736 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 722 shares in the last quarter. State of Wyoming bought a new position in shares of OGE Energy in the 2nd quarter valued at approximately $34,000. Golden State Wealth Management LLC lifted its holdings in OGE Energy by 427.0% in the 2nd quarter. Golden State Wealth Management LLC now owns 780 shares of the utilities provider’s stock worth $35,000 after purchasing an additional 632 shares during the last quarter. Quent Capital LLC acquired a new stake in OGE Energy in the 3rd quarter worth approximately $43,000. Finally, MTM Investment Management LLC bought a new stake in OGE Energy during the second quarter worth approximately $51,000. Institutional investors and hedge funds own 71.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on OGE shares. Royal Bank Of Canada reissued a “sector perform” rating on shares of OGE Energy in a research report on Friday, January 23rd. Mizuho set a $49.00 target price on shares of OGE Energy in a research note on Thursday, February 19th. UBS Group dropped their target price on shares of OGE Energy from $45.00 to $44.00 and set a “neutral” rating on the stock in a report on Wednesday, December 17th. BMO Capital Markets initiated coverage on shares of OGE Energy in a report on Tuesday, January 13th. They set a “market perform” rating and a $45.00 price target for the company. Finally, Barclays lowered their price target on OGE Energy from $51.00 to $49.00 and set an “overweight” rating on the stock in a research report on Thursday, January 22nd. Five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, OGE Energy presently has an average rating of “Moderate Buy” and a consensus target price of $47.63.

OGE Energy Trading Down 0.9%

Shares of OGE stock opened at $48.80 on Wednesday. The firm has a market capitalization of $10.07 billion, a P/E ratio of 21.13, a price-to-earnings-growth ratio of 3.53 and a beta of 0.61. OGE Energy Corporation has a 1 year low of $40.80 and a 1 year high of $49.55. The firm’s fifty day simple moving average is $44.54 and its 200 day simple moving average is $44.66. The company has a current ratio of 0.78, a quick ratio of 0.49 and a debt-to-equity ratio of 1.08.

OGE Energy (NYSE:OGE) last posted its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03. OGE Energy had a net margin of 14.44% and a return on equity of 9.89%. The company had revenue of $725.80 million for the quarter, compared to analyst estimates of $277.80 million. During the same period last year, the business posted $0.50 EPS. The business’s quarterly revenue was down 4.6% on a year-over-year basis. OGE Energy has set its FY 2026 guidance at 2.380-2.480 EPS. As a group, sell-side analysts predict that OGE Energy Corporation will post 2.27 EPS for the current year.

OGE Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Monday, April 6th will be paid a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 3.5%. The ex-dividend date is Monday, April 6th. OGE Energy’s payout ratio is currently 73.59%.

Insider Activity at OGE Energy

In other news, Director Lyle G. Ganske acquired 10,420 shares of the stock in a transaction dated Monday, February 23rd. The shares were acquired at an average cost of $47.99 per share, for a total transaction of $500,055.80. Following the completion of the transaction, the director owned 10,420 shares in the company, valued at approximately $500,055.80. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CAO Sarah R. Stafford sold 6,130 shares of the company’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $47.77, for a total value of $292,830.10. Following the completion of the transaction, the chief accounting officer owned 28,559 shares of the company’s stock, valued at $1,364,263.43. The trade was a 17.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.53% of the company’s stock.

OGE Energy Profile

OGE Energy Corp. (NYSE:OGE) is an energy and infrastructure holding company headquartered in Oklahoma City, Oklahoma. Through its principal subsidiary, Oklahoma Gas & Electric Company, the company provides regulated electric service to residential, commercial and industrial customers across Oklahoma and western Arkansas. Its diversified generation mix includes coal, natural gas and wind-powered facilities, complemented by ongoing investments in grid modernization and smart technology to enhance reliability and customer satisfaction.

In addition to its core electric utility operations, OGE Energy Corp.