Life Cycle Investment Partners Ltd acquired a new stake in OGE Energy Corporation (NYSE:OGE – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 794,589 shares of the utilities provider’s stock, valued at approximately $33,929,000. Life Cycle Investment Partners Ltd owned 0.39% of OGE Energy at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of OGE. Orion Porfolio Solutions LLC boosted its holdings in OGE Energy by 3.3% in the third quarter. Orion Porfolio Solutions LLC now owns 6,979 shares of the utilities provider’s stock valued at $323,000 after acquiring an additional 222 shares in the last quarter. Bfsg LLC boosted its holdings in shares of OGE Energy by 2.3% during the 4th quarter. Bfsg LLC now owns 10,280 shares of the utilities provider’s stock valued at $439,000 after buying an additional 232 shares in the last quarter. Blair William & Co. IL raised its position in shares of OGE Energy by 0.9% in the 3rd quarter. Blair William & Co. IL now owns 27,454 shares of the utilities provider’s stock worth $1,270,000 after purchasing an additional 234 shares during the last quarter. Savvy Advisors Inc. raised its position in shares of OGE Energy by 1.4% in the 4th quarter. Savvy Advisors Inc. now owns 18,812 shares of the utilities provider’s stock worth $803,000 after purchasing an additional 251 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its position in shares of OGE Energy by 49.4% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 771 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 255 shares during the last quarter. 71.84% of the stock is owned by hedge funds and other institutional investors.
OGE Energy Trading Up 1.0%
OGE stock opened at $48.56 on Friday. OGE Energy Corporation has a 1-year low of $41.69 and a 1-year high of $50.13. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.66 and a quick ratio of 0.40. The company has a market capitalization of $10.02 billion, a price-to-earnings ratio of 21.68, a PEG ratio of 3.60 and a beta of 0.55. The business has a 50 day simple moving average of $47.85 and a two-hundred day simple moving average of $45.72.
OGE Energy Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be given a $0.425 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.70 dividend on an annualized basis and a yield of 3.5%. OGE Energy’s dividend payout ratio (DPR) is currently 75.89%.
OGE Energy News Summary
Here are the key news stories impacting OGE Energy this week:
- Positive Sentiment: Zacks Research raised its fiscal 2027 earnings estimate to $2.59 per share from $2.58, suggesting slightly improved expectations for OGE Energy’s medium-term profitability.
- Positive Sentiment: The firm also nudged up its fiscal 2028 EPS estimate to $2.80 from $2.79, reinforcing a more favorable longer-term outlook for the utility. OGE Energy analyst update
- Positive Sentiment: Analysts lifted near-term 2026 and 2027 quarterly estimates in several cases, including Q3 2026 EPS to $0.95 and Q3 2027 EPS to $0.96, which may help sentiment around earnings stability.
- Neutral Sentiment: OGE Energy’s latest quarterly results matched EPS expectations at $0.24 per share, while revenue came in above estimates, so there was no major earnings surprise driving the stock.
- Negative Sentiment: Some near-term estimates were trimmed, including Q2 2027 EPS to $0.63 from $0.69, Q4 2027 EPS to $0.59 from $0.61, and Q1 2028 EPS to $0.54 from $0.57, which could temper upside expectations.
Insider Buying and Selling
In related news, Director Lyle G. Ganske purchased 10,420 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was bought at an average cost of $47.99 per share, for a total transaction of $500,055.80. Following the completion of the transaction, the director directly owned 10,420 shares in the company, valued at $500,055.80. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider William H. Sultemeier sold 7,345 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $47.97, for a total value of $352,339.65. Following the completion of the sale, the insider owned 74,497 shares of the company’s stock, valued at approximately $3,573,621.09. This represents a 8.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.57% of the stock is owned by corporate insiders.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on OGE shares. Wells Fargo & Company boosted their target price on OGE Energy from $47.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 30th. Mizuho set a $49.00 price objective on OGE Energy in a research note on Thursday, February 19th. Barclays boosted their price objective on OGE Energy from $49.00 to $51.00 and gave the company an “overweight” rating in a research note on Monday, April 20th. LADENBURG THALM/SH SH upped their price target on OGE Energy from $42.50 to $47.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Finally, Weiss Ratings upgraded OGE Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Four research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, OGE Energy presently has a consensus rating of “Hold” and a consensus target price of $49.11.
Get Our Latest Research Report on OGE Energy
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.
Read More
- Five stocks we like better than OGE Energy
- Workday Validates AI Flywheel: Stock Price Recovery Begins
- HubSpot at 2019 Levels Is an Opportunity—Not a Warning
- Was Decker’s Double Beat a Bullish Signal—Or Mere HOKA’s-Pocus?
- Kiniksa Pharmaceuticals Still Has Room to Run After 100% Rally
Receive News & Ratings for OGE Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OGE Energy and related companies with MarketBeat.com's FREE daily email newsletter.
