ONE Gas, Inc. (NYSE:OGS) Receives $86.88 Average PT from Brokerages

Shares of ONE Gas, Inc. (NYSE:OGS) have been assigned a consensus recommendation of “Hold” from the ten analysts that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $86.8750.

OGS has been the topic of several analyst reports. Weiss Ratings raised shares of ONE Gas from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 30th. Stifel Nicolaus lifted their target price on shares of ONE Gas from $88.00 to $90.00 and gave the company a “hold” rating in a report on Tuesday, February 24th. UBS Group dropped their target price on shares of ONE Gas from $86.00 to $83.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Finally, Morgan Stanley set a $79.00 target price on shares of ONE Gas in a report on Friday, February 20th.

ONE Gas Stock Down 0.4%

OGS stock opened at $88.56 on Tuesday. The firm has a market cap of $5.56 billion, a PE ratio of 20.27, a PEG ratio of 2.31 and a beta of 0.75. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.48 and a current ratio of 0.60. The firm’s 50 day moving average price is $85.04 and its 200-day moving average price is $81.57. ONE Gas has a one year low of $69.75 and a one year high of $89.11.

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 the consensus estimate 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 business’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.34 EPS. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. On average, equities research analysts anticipate that ONE Gas will post 4.26 EPS for the current year.

ONE Gas Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 6th. Investors of record on Friday, February 20th were issued a $0.68 dividend. This is a boost from ONE Gas’s previous quarterly dividend of $0.67. The ex-dividend date was Friday, February 20th. This represents a $2.72 annualized dividend and a yield of 3.1%. ONE Gas’s payout ratio is 62.24%.

Insiders Place Their Bets

In related news, insider Brian F. Brumfield sold 1,000 shares of ONE Gas stock in a transaction that occurred on 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.20% of the company’s stock.

Institutional Trading of ONE Gas

Several institutional investors have recently added to or reduced their stakes in OGS. V Square Quantitative Management LLC acquired a new stake in ONE Gas in the 4th quarter valued at approximately $25,000. Triumph Capital Management increased its holdings in ONE Gas by 247.0% in the 4th quarter. Triumph Capital Management now owns 347 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 247 shares during the last quarter. Garner Asset Management Corp acquired a new stake in ONE Gas in the 4th quarter valued at approximately $29,000. Torren Management LLC acquired a new stake in ONE Gas in the 4th quarter valued at approximately $31,000. Finally, Quarry LP increased its holdings in ONE Gas by 188.0% in the 4th quarter. Quarry LP now owns 409 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 267 shares during the last quarter. Institutional investors and hedge funds own 88.71% of the company’s stock.

ONE Gas Company Profile

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.