Analysts Set ONE Gas, Inc. (NYSE:OGS) Price Target at $86.88

Shares of ONE Gas, Inc. (NYSE:OGS) have received a consensus rating of “Hold” from the ten ratings firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $86.8750.

Several equities research analysts have recently commented on OGS shares. Bank of America upped their target price on ONE Gas from $90.00 to $92.00 and gave the company a “buy” rating in a report on Thursday, December 4th. Weiss Ratings cut ONE Gas from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 5th. Mizuho boosted their price objective on ONE Gas from $87.00 to $90.00 and gave the stock an “outperform” rating in a report on Wednesday, December 3rd. UBS Group decreased their target price on shares of ONE Gas from $86.00 to $83.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Finally, Morgan Stanley set a $79.00 target price on shares of ONE Gas in a research report on Friday, February 20th.

ONE Gas Price Performance

NYSE:OGS traded up $0.33 during trading hours on Friday, reaching $87.22. 14,029 shares of the company’s stock were exchanged, compared to its average volume of 459,863. The company has a quick ratio of 0.48, a current ratio of 0.60 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $5.47 billion, a P/E ratio of 19.95, a price-to-earnings-growth ratio of 2.25 and a beta of 0.80. ONE Gas has a 12 month low of $69.75 and a 12 month high of $88.03. The business’s 50-day simple moving average is $82.05 and its two-hundred day simple moving average is $80.21.

ONE Gas (NYSE:OGS) last announced its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $1.48 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 8.24% and a net margin of 10.89%.The company’s quarterly 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 EPS. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Sell-side analysts expect that ONE Gas will post 4.26 EPS for the current fiscal year.

ONE Gas Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 6th. Shareholders of record on Friday, February 20th were given a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 3.1%. The ex-dividend date was Friday, February 20th. This is a positive change from ONE Gas’s previous quarterly dividend of $0.67. ONE Gas’s dividend payout ratio is presently 62.24%.

Insider Transactions at ONE Gas

In other news, insider Brian F. Brumfield sold 1,000 shares of the stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $86.44, for a total value of $86,440.00. Following the completion of the sale, the insider owned 2,246 shares in the company, valued at $194,144.24. This represents a 30.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of OGS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in ONE Gas by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,528 shares of the utilities provider’s stock valued at $2,534,000 after acquiring an additional 1,461 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of ONE Gas by 895.0% during the first quarter. NewEdge Advisors LLC now owns 2,985 shares of the utilities provider’s stock worth $226,000 after purchasing an additional 2,685 shares during the period. Empowered Funds LLC boosted its holdings in shares of ONE Gas by 9.8% during the first quarter. Empowered Funds LLC now owns 5,848 shares of the utilities provider’s stock worth $442,000 after purchasing an additional 522 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in ONE Gas by 18.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 219,598 shares of the utilities provider’s stock valued at $16,599,000 after purchasing an additional 34,647 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in ONE Gas in the 1st quarter valued at approximately $5,876,000. 88.71% of the stock is owned by institutional investors and hedge funds.

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.