ONE Gas, Inc. (NYSE:OGS) Receives Average Rating of “Hold” from Analysts

ONE Gas, Inc. (NYSE:OGS) has received a consensus rating of “Hold” from the ten ratings firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $86.8750.

A number of research firms recently issued reports on OGS. Weiss Ratings downgraded ONE Gas from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 5th. Morgan Stanley set a $79.00 price objective on shares of ONE Gas in a research report on Friday, February 20th. Bank of America raised their target price on shares of ONE Gas from $90.00 to $92.00 and gave the company a “buy” rating in a research report on Thursday, December 4th. Stifel Nicolaus boosted their price target on shares of ONE Gas from $88.00 to $90.00 and gave the stock a “hold” rating in a research report on Tuesday, February 24th. Finally, UBS Group decreased their price objective on ONE Gas from $86.00 to $83.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th.

Insider Buying and Selling

In related news, insider Brian F. Brumfield sold 1,000 shares of ONE Gas stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $86.44, for a total transaction of $86,440.00. Following the completion of the sale, the insider owned 2,246 shares of the company’s stock, valued at approximately $194,144.24. The trade was a 30.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Mackenzie Financial Corp boosted its position in shares of ONE Gas by 3.4% in the third quarter. Mackenzie Financial Corp now owns 3,759 shares of the utilities provider’s stock valued at $304,000 after acquiring an additional 125 shares during the period. Parallel Advisors LLC raised its stake in ONE Gas by 16.3% in the 4th quarter. Parallel Advisors LLC now owns 1,006 shares of the utilities provider’s stock worth $78,000 after purchasing an additional 141 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in ONE Gas by 25.2% in the 4th quarter. EverSource Wealth Advisors LLC now owns 799 shares of the utilities provider’s stock valued at $62,000 after purchasing an additional 161 shares during the period. Captrust Financial Advisors grew its position in shares of ONE Gas by 0.4% during the 4th quarter. Captrust Financial Advisors now owns 40,602 shares of the utilities provider’s stock worth $3,137,000 after purchasing an additional 164 shares in the last quarter. Finally, WINTON GROUP Ltd grew its position in shares of ONE Gas by 1.1% during the 4th quarter. WINTON GROUP Ltd now owns 15,536 shares of the utilities provider’s stock worth $1,200,000 after purchasing an additional 165 shares in the last quarter. Institutional investors own 88.71% of the company’s stock.

ONE Gas Stock Performance

Shares of OGS stock opened at $86.76 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.48 and a current ratio of 0.60. ONE Gas has a 52 week low of $69.75 and a 52 week high of $87.88. The company’s 50 day moving average price is $81.15 and its two-hundred day moving average price is $79.81. The company has a market capitalization of $5.44 billion, a P/E ratio of 19.85, a price-to-earnings-growth ratio of 2.29 and a beta of 0.80.

ONE Gas (NYSE:OGS) last issued its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.06. The company had revenue of $689.37 million during the quarter, compared to the consensus estimate of $990.44 million. ONE Gas had a net margin of 10.89% and a return on equity of 8.24%. The firm’s revenue was up 9.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.34 earnings per share. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. On average, analysts expect that ONE Gas will post 4.26 earnings per share for the current fiscal year.

ONE Gas Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, February 20th will be paid a dividend of $0.68 per share. The ex-dividend date is Friday, February 20th. This represents a $2.72 annualized dividend and a dividend yield of 3.1%. This is an increase from ONE Gas’s previous quarterly dividend of $0.67. ONE Gas’s dividend payout ratio is presently 62.24%.

About ONE Gas

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.