Hsbc Holdings PLC Buys New Stake in OGE Energy Corporation $OGE

Hsbc Holdings PLC purchased a new stake in OGE Energy Corporation (NYSE:OGE) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 18,544 shares of the utilities provider’s stock, valued at approximately $792,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in OGE. Quest 10 Wealth Builders Inc. raised its stake in shares of OGE Energy by 618.3% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 783 shares of the utilities provider’s stock valued at $33,000 after buying an additional 674 shares during the last quarter. State of Wyoming acquired a new position in shares of OGE Energy in the 2nd quarter valued at about $34,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of OGE Energy by 49.4% in the third quarter. Caitong International Asset Management Co. Ltd now owns 771 shares of the utilities provider’s stock worth $36,000 after buying an additional 255 shares during the last quarter. Clearstead Advisors LLC boosted its stake in shares of OGE Energy by 96.2% in the fourth quarter. Clearstead Advisors LLC now owns 881 shares of the utilities provider’s stock worth $38,000 after buying an additional 432 shares during the last quarter. Finally, Sandia Investment Management LP acquired a new stake in OGE Energy during the fourth quarter worth about $43,000. 71.84% of the stock is owned by institutional investors and hedge funds.

OGE Energy News Roundup

Here are the key news stories impacting OGE Energy this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate for OGE Energy to $2.43 from $2.42, matching the Street’s consensus and signaling stable full-year earnings expectations.
• Positive Sentiment: The firm also lifted its Q3 2026 EPS forecast to $1.00 from $0.97, indicating slightly better earnings momentum in the near term.
• Neutral Sentiment: Analysts set a price target of $49.20 for OGE Energy, which is close to the stock’s recent trading range and suggests limited short-term upside or downside. Analysts Set OGE Energy Corporation (NYSE:OGE) PT at $49.20
• Negative Sentiment: Zacks cut estimates for Q1 2027, Q2 2027, Q4 2026, and Q4 2027 EPS, which may weigh on sentiment by pointing to slightly softer earnings in future periods.

Insider Activity at OGE Energy

In other news, insider William H. Sultemeier sold 7,345 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $47.97, for a total transaction of $352,339.65. Following the completion of the transaction, the insider directly owned 74,497 shares of the company’s stock, valued at $3,573,621.09. This represents a 8.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 0.57% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages recently weighed in on OGE. Weiss Ratings upgraded OGE Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Wells Fargo & Company upped their price objective 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. Morgan Stanley started coverage on shares of OGE Energy in a research note on Wednesday, June 24th. They set an “equal weight” rating and a $50.00 price objective on the stock. LADENBURG THALM/SH SH lifted their target price on shares of OGE Energy from $42.50 to $47.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Finally, JPMorgan Chase & Co. initiated coverage on shares of OGE Energy in a research note on Friday, March 20th. They issued an “overweight” rating and a $52.00 target price for the company. Four research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, OGE Energy presently has an average rating of “Hold” and an average price target of $49.30.

OGE Energy Price Performance

NYSE:OGE opened at $49.51 on Wednesday. The company has a quick ratio of 0.40, a current ratio of 0.66 and a debt-to-equity ratio of 1.09. OGE Energy Corporation has a 52 week low of $41.69 and a 52 week high of $50.15. The stock’s 50-day moving average price is $47.91 and its 200-day moving average price is $46.77. The stock has a market capitalization of $10.22 billion, a PE ratio of 22.10, a price-to-earnings-growth ratio of 3.62 and a beta of 0.53.

OGE Energy (NYSE:OGE) last released its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $0.24 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.24. The company had revenue of $752.60 million during the quarter, compared to analysts’ expectations of $616.02 million. OGE Energy had a return on equity of 9.47% and a net margin of 14.03%.OGE Energy’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.31 EPS. As a group, equities analysts expect that OGE Energy Corporation will post 2.43 EPS for the current fiscal year.

OGE Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders 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 dividend yield of 3.4%. OGE Energy’s payout ratio is 75.89%.

About OGE Energy

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.