ONE Gas, Inc. (NYSE:OGS) Receives $90.00 Average Target Price from Analysts

ONE Gas, Inc. (NYSE:OGS) has earned an average recommendation of “Hold” from the nine analysts that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $89.50.

Several research analysts recently commented on OGS shares. Weiss Ratings raised ONE Gas from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 30th. Wall Street Zen cut ONE Gas from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Wells Fargo & Company started coverage on ONE Gas in a research note on Monday, May 11th. They set an “underweight” rating and a $85.00 target price for the company. Morgan Stanley set a $82.00 target price on ONE Gas in a research note on Thursday. Finally, Truist Financial lowered their target price on ONE Gas from $99.00 to $95.00 and set a “buy” rating for the company in a research note on Monday, May 18th.

Insider Transactions at ONE Gas

In other ONE Gas news, insider Brian F. Brumfield sold 1,000 shares of ONE Gas stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $86.44, for a total transaction of $86,440.00. Following the completion of the sale, the insider directly owned 2,246 shares of the company’s stock, valued at $194,144.24. The trade was a 30.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.92% of the stock is owned by company insiders.

Institutional Trading of ONE Gas

A number of institutional investors have recently bought and sold shares of the business. Groupe la Francaise lifted its holdings in ONE Gas by 6.8% during the 1st quarter. Groupe la Francaise now owns 5,132 shares of the utilities provider’s stock worth $442,000 after buying an additional 327 shares during the last quarter. Amundi lifted its holdings in ONE Gas by 189.7% during the 1st quarter. Amundi now owns 20,117 shares of the utilities provider’s stock worth $1,733,000 after buying an additional 13,174 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in ONE Gas by 96.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,566 shares of the utilities provider’s stock worth $135,000 after buying an additional 767 shares during the last quarter. California State Teachers Retirement System lifted its holdings in ONE Gas by 21.0% during the 1st quarter. California State Teachers Retirement System now owns 70,430 shares of the utilities provider’s stock worth $6,066,000 after buying an additional 12,245 shares during the last quarter. Finally, Energy Income Partners LLC lifted its holdings in ONE Gas by 1.1% during the 1st quarter. Energy Income Partners LLC now owns 1,331,076 shares of the utilities provider’s stock worth $114,646,000 after buying an additional 14,085 shares during the last quarter. 88.71% of the stock is owned by hedge funds and other institutional investors.

ONE Gas Trading Down 0.1%

OGS opened at $82.46 on Wednesday. ONE Gas has a 12 month low of $70.87 and a 12 month high of $90.78. The stock has a market capitalization of $5.18 billion, a price-to-earnings ratio of 18.61, a PEG ratio of 2.80 and a beta of 0.72. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.57 and a quick ratio of 0.48. The business has a fifty day moving average price of $86.59 and a 200 day moving average price of $82.97.

ONE Gas (NYSE:OGS) last released its earnings results on Monday, May 4th. The utilities provider reported $2.11 EPS for the quarter, missing the consensus estimate of $2.13 by ($0.02). ONE Gas had a return on equity of 8.45% and a net margin of 11.77%.The company had revenue of $831.71 million for the quarter, compared to analyst estimates of $969.36 million. During the same period in the previous year, the firm earned $1.99 earnings per share. The company’s revenue for the quarter was down 11.1% compared to the same quarter last year. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Sell-side analysts expect 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. Shareholders of record on Monday, May 18th will be issued a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Monday, May 18th. ONE Gas’s payout ratio is 61.40%.

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.