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

ONE Gas, Inc. (NYSE:OGS) has been assigned an average rating of “Hold” from the ten research firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $89.50.

Several brokerages have recently commented on OGS. Stifel Nicolaus increased their price objective on ONE Gas from $88.00 to $90.00 and gave the stock a “hold” rating in a research note on Tuesday, February 24th. Wells Fargo & Company started coverage on shares of ONE Gas in a report on Monday, May 11th. They set an “underweight” rating and a $85.00 price target on the stock. Wolfe Research started coverage on shares of ONE Gas in a report on Tuesday. They set a “peer perform” rating on the stock. Truist Financial cut their price target on shares of ONE Gas from $99.00 to $95.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Finally, Wall Street Zen cut shares of ONE Gas from a “hold” rating to a “sell” rating in a report on Saturday, May 16th.

ONE Gas Stock Performance

Shares of ONE Gas stock opened at $81.88 on Wednesday. The company has a market cap of $5.14 billion, a PE ratio of 18.48, a price-to-earnings-growth ratio of 2.80 and a beta of 0.72. ONE Gas has a 52 week low of $70.87 and a 52 week high of $90.78. The business has a 50 day moving average price of $86.40 and a 200-day moving average price of $82.98. The company has a quick ratio of 0.48, a current ratio of 0.57 and a debt-to-equity ratio of 0.66.

ONE Gas (NYSE:OGS) last issued its quarterly earnings data on Monday, May 4th. The utilities provider reported $2.11 EPS for the quarter, missing the consensus estimate of $2.13 by ($0.02). The company had revenue of $831.71 million during the quarter, compared to analysts’ expectations of $969.36 million. ONE Gas had a return on equity of 8.45% and a net margin of 11.77%.The business’s revenue for the quarter was down 11.1% compared to the same quarter last year. During the same period last year, the company earned $1.99 earnings per share. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Equities analysts anticipate that ONE Gas will post 4.72 earnings per share for the current fiscal year.

ONE Gas Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Monday, May 18th will be given a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Monday, May 18th. ONE Gas’s dividend payout ratio (DPR) is presently 61.40%.

Institutional Trading of ONE Gas

Institutional investors and hedge funds have recently modified their holdings of the business. V Square Quantitative Management LLC purchased a new stake in shares of ONE Gas during the fourth quarter valued at approximately $25,000. Triumph Capital Management increased its position in shares of ONE Gas by 247.0% during the fourth quarter. Triumph Capital Management now owns 347 shares of the utilities provider’s stock valued at $27,000 after acquiring an additional 247 shares during the last quarter. Garner Asset Management Corp purchased a new stake in shares of ONE Gas during the fourth quarter valued at approximately $29,000. Torren Management LLC purchased a new stake in shares of ONE Gas during the fourth quarter valued at approximately $31,000. Finally, Quarry LP increased its position in shares of ONE Gas by 188.0% during the fourth quarter. Quarry LP now owns 409 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 267 shares during the last quarter. 88.71% of the stock is owned by hedge funds and other institutional investors.

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.