ONE Gas, Inc. $OGS Shares Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in ONE Gas, Inc. (NYSE:OGS) by 3.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 196,427 shares of the utilities provider’s stock after purchasing an additional 6,534 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.31% of ONE Gas worth $15,139,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Van ECK Associates Corp grew its stake in ONE Gas by 10.0% in the second quarter. Van ECK Associates Corp now owns 26,524 shares of the utilities provider’s stock worth $2,044,000 after purchasing an additional 2,421 shares in the last quarter. United Capital Financial Advisors LLC acquired a new stake in ONE Gas during the second quarter valued at approximately $271,000. Public Employees Retirement System of Ohio acquired a new stake in ONE Gas during the second quarter valued at approximately $89,000. Corient Private Wealth LP bought a new position in ONE Gas during the 2nd quarter worth approximately $304,000. Finally, Bank of America Corp DE bought a new position in ONE Gas during the 2nd quarter worth approximately $44,011,000. Institutional investors and hedge funds own 88.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Capital One Financial set a $93.00 price target on ONE Gas in a report on Friday, June 12th. Wells Fargo & Company upgraded ONE Gas from a “strong sell” rating to an “equal weight” rating and set a $85.00 price objective on the stock in a research note on Thursday, August 6th. LADENBURG THALM/SH SH raised shares of ONE Gas from a “neutral” rating to a “buy” rating and set a $85.50 price objective for the company in a report on Thursday, August 13th. Wall Street Zen upgraded shares of ONE Gas from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings cut shares of ONE Gas from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, July 10th. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $89.23.

ONE Gas Stock Down 0.9%

NYSE:OGS opened at $79.84 on Friday. The firm has a market capitalization of $5.02 billion, a PE ratio of 17.21, a price-to-earnings-growth ratio of 2.20 and a beta of 0.67. The stock has a 50 day moving average of $79.37 and a 200-day moving average of $82.51. ONE Gas, Inc. has a 52 week low of $74.06 and a 52 week high of $90.78. The company has a current ratio of 0.48, a quick ratio of 0.37 and a debt-to-equity ratio of 0.66.

ONE Gas (NYSE:OGS) last announced its quarterly earnings results on Tuesday, August 4th. The utilities provider reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.19. ONE Gas had a return on equity of 8.81% and a net margin of 12.47%.The business had revenue of $411.64 million for the quarter, compared to analysts’ expectations of $410.29 million. During the same period in the prior year, the firm earned $0.53 EPS. The business’s quarterly revenue was down 2.8% on a year-over-year basis. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Analysts predict that ONE Gas, Inc. will post 4.91 EPS for the current year.

ONE Gas Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were paid a $0.68 dividend. This represents a $2.72 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date was Monday, August 17th. ONE Gas’s dividend payout ratio (DPR) is presently 58.62%.

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.