Hsbc Holdings PLC Buys New Stake in OGE Energy Corporation $OGE

Hsbc Holdings PLC bought a new stake in OGE Energy Corporation (NYSE:OGE) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 18,544 shares of the utilities provider’s stock, valued at approximately $792,000.

Several other institutional investors also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of OGE Energy during the fourth quarter worth $119,028,000. Morgan Stanley boosted its position in shares of OGE Energy by 103.2% in the 4th quarter. Morgan Stanley now owns 4,628,210 shares of the utilities provider’s stock worth $197,625,000 after purchasing an additional 2,350,574 shares in the last quarter. Cohen & Steers Inc. purchased a new position in OGE Energy during the 4th quarter worth $68,460,000. Cbre Investment Management Listed Real Assets LLC grew its stake in OGE Energy by 85.8% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,215,572 shares of the utilities provider’s stock worth $94,605,000 after buying an additional 1,022,863 shares during the last quarter. Finally, Life Cycle Investment Partners Ltd purchased a new position in OGE Energy during the 4th quarter worth $33,929,000. 71.84% of the stock is currently owned by institutional investors and hedge funds.

OGE Energy Price Performance

NYSE OGE opened at $49.51 on Wednesday. The company has a market cap of $10.22 billion, a price-to-earnings ratio of 22.10, a PEG ratio of 3.62 and a beta of 0.53. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.66 and a quick ratio of 0.40. The stock’s fifty day moving average price is $47.91 and its 200 day moving average price is $46.77. OGE Energy Corporation has a 1 year low of $41.69 and a 1 year high of $50.15.

OGE Energy (NYSE:OGE) last issued its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $0.24 EPS for the quarter, hitting analysts’ consensus estimates of $0.24. The company had revenue of $752.60 million during the quarter, compared to analysts’ expectations of $616.02 million. OGE Energy had a return on equity of 9.47% and a net margin of 14.03%.The firm’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.31 EPS. As a group, equities research analysts forecast that OGE Energy Corporation will post 2.43 earnings per share for the current year.

OGE Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be given a $0.425 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.70 dividend on an annualized basis and a yield of 3.4%. OGE Energy’s dividend payout ratio is currently 75.89%.

Insider Buying and Selling

In related news, insider William H. Sultemeier sold 7,345 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $47.97, for a total value of $352,339.65. Following the sale, the insider owned 74,497 shares in the company, valued at $3,573,621.09. This represents a 8.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.57% of the stock is currently owned by corporate insiders.

More OGE Energy News

Here are the key news stories impacting OGE Energy this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for OGE Energy to $2.43 from $2.42, matching the Street’s consensus and signaling stable full-year earnings expectations.
• Positive Sentiment: The firm also lifted its Q3 2026 EPS forecast to $1.00 from $0.97, indicating slightly better earnings momentum in the near term.
• Neutral Sentiment: Analysts set a price target of $49.20 for OGE Energy, which is close to the stock’s recent trading range and suggests limited short-term upside or downside. Analysts Set OGE Energy Corporation (NYSE:OGE) PT at $49.20
• Negative Sentiment: Zacks cut estimates for Q1 2027, Q2 2027, Q4 2026, and Q4 2027 EPS, which may weigh on sentiment by pointing to slightly softer earnings in future periods.

Analyst Upgrades and Downgrades

OGE has been the subject of a number of research analyst reports. Wells Fargo & Company increased their price target on OGE Energy from $47.00 to $48.00 and gave the company an “equal weight” rating in a research note on Thursday, April 30th. Morgan Stanley initiated coverage on OGE Energy in a research note on Wednesday, June 24th. They set an “equal weight” rating and a $50.00 price target on the stock. LADENBURG THALM/SH SH upped their price objective on shares of OGE Energy from $42.50 to $47.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Weiss Ratings raised shares of OGE Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. initiated coverage on shares of OGE Energy in a research note on Friday, March 20th. They issued an “overweight” rating and a $52.00 target price for the company. Four analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $49.30.

About OGE Energy

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.