Martingale Asset Management L P Sells 49,035 Shares of OGE Energy Corporation $OGE

Martingale Asset Management L P decreased its holdings in OGE Energy Corporation (NYSE:OGE) by 12.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 352,535 shares of the utilities provider’s stock after selling 49,035 shares during the quarter. Martingale Asset Management L P owned approximately 0.17% of OGE Energy worth $16,312,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of OGE. Boston Partners boosted its stake in OGE Energy by 15.7% during the second quarter. Boston Partners now owns 6,248,222 shares of the utilities provider’s stock worth $277,388,000 after buying an additional 846,365 shares during the period. Geode Capital Management LLC raised its holdings in OGE Energy by 0.8% in the 2nd quarter. Geode Capital Management LLC now owns 3,555,290 shares of the utilities provider’s stock worth $157,824,000 after purchasing an additional 26,569 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of OGE Energy by 1.4% in the third quarter. Dimensional Fund Advisors LP now owns 2,613,959 shares of the utilities provider’s stock worth $120,944,000 after buying an additional 35,162 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of OGE Energy by 3.6% during the 3rd quarter. First Trust Advisors LP now owns 2,444,990 shares of the utilities provider’s stock worth $113,130,000 after purchasing an additional 85,091 shares during the period. Finally, Norges Bank acquired a new stake in shares of OGE Energy in the second quarter worth $101,421,000. Institutional investors and hedge funds own 71.84% of the company’s stock.

OGE Energy Trading Up 1.7%

NYSE:OGE opened at $47.86 on Friday. The firm has a market cap of $9.87 billion, a price-to-earnings ratio of 20.72, a P/E/G ratio of 3.37 and a beta of 0.61. The company has a quick ratio of 0.49, a current ratio of 0.78 and a debt-to-equity ratio of 1.08. OGE Energy Corporation has a 12 month low of $40.80 and a 12 month high of $49.55. The company’s 50 day moving average is $45.26 and its 200-day moving average is $44.81.

OGE Energy (NYSE:OGE) last announced its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $0.33 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 business had revenue of $725.80 million for the quarter, compared to analysts’ expectations of $277.80 million. During the same quarter in the previous year, the company earned $0.50 EPS. The business’s quarterly revenue was down 4.6% compared to the same quarter last year. OGE Energy has set its FY 2026 guidance at 2.380-2.480 EPS. Equities analysts anticipate that OGE Energy Corporation will post 2.27 EPS for the current year.

OGE Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Shareholders of record on Monday, April 6th will be paid a $0.425 dividend. This represents a $1.70 annualized dividend and a yield of 3.6%. The ex-dividend date is Monday, April 6th. OGE Energy’s dividend payout ratio is currently 73.59%.

OGE Energy News Summary

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

• Positive Sentiment: Zacks raised its FY2028 EPS view to $2.79 (from $2.72), signaling slightly stronger longer‑term earnings expectations for OGE. Zacks Research FY2028 boost
• Positive Sentiment: Q2 2027 EPS was increased to $0.69 (from $0.64), suggesting improved mid‑cycle performance versus Zacks’ prior view. Zacks Research Q2 2027 raise
• Positive Sentiment: Zacks lifted Q3 2026 to $0.72 (from $0.70) and Q4 2026 to $0.65 (from $0.64), which supports slightly stronger seasonal/second‑half earnings. Zacks Research Q3/Q4 2026 lifts
• Neutral Sentiment: Zacks published a full update of quarterly and FY estimates (Q1–Q4 2026, FY2027 and FY2028), supplying a refreshed model set investors can use to re‑rate OGE. Zacks Research full estimate update
• Negative Sentiment: Q1 2026 was trimmed to $0.46 (from $0.47), a modest near‑term downgrade that may weigh on short‑term expectations. Zacks Research Q1 2026 cut
• Negative Sentiment: Q2 2026 was lowered to $0.60 (from $0.62), another near‑term downgrade that could impact the upcoming quarterly view. Zacks Research Q2 2026 cut
• Negative Sentiment: Q1 2027 saw a larger cut to $0.51 (from $0.58), the biggest single quarterly downgrade in Zacks’ updates and a potential near‑term risk to guidance/momentum. Zacks Research Q1 2027 cut
• Negative Sentiment: Zacks nudged FY2026 to $2.42 (from $2.43) and trimmed FY2027 to $2.57 (from $2.58) — small downgrades to near‑term full‑year expectations. Zacks Research FY2026/2027 cuts

Wall Street Analysts Forecast Growth

OGE has been the topic of several recent analyst reports. Wall Street Zen upgraded OGE Energy from a “sell” rating to a “hold” rating in a report on Saturday, January 24th. UBS Group lowered their price objective on OGE Energy from $45.00 to $44.00 and set a “neutral” rating for the company in a research note on Wednesday, December 17th. Wells Fargo & Company raised their price target on shares of OGE Energy from $39.00 to $41.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. BMO Capital Markets assumed coverage on OGE Energy in a research report on Tuesday, January 13th. They issued a “market perform” rating and a $45.00 price target on the stock. Finally, Mizuho set a $49.00 price objective on shares of OGE Energy in a research note on Thursday, February 19th. 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 data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.63.

Insider Activity at OGE Energy

In related news, CAO Sarah R. Stafford sold 6,130 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $47.77, for a total value of $292,830.10. Following the sale, the chief accounting officer owned 28,559 shares in the company, valued at approximately $1,364,263.43. This represents a 17.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lyle G. Ganske purchased 10,420 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were bought at an average price of $47.99 per share, for a total transaction of $500,055.80. Following the acquisition, the director directly owned 10,420 shares in the company, valued at $500,055.80. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.55% 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.