ONE Gas (NYSE:OGS) Updates FY 2026 Earnings Guidance

ONE Gas (NYSE:OGS) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 4.830-4.950 for the period, compared to the consensus earnings per share estimate of 4.840. The company issued revenue guidance of -.

Analyst Ratings Changes

Several brokerages have issued reports on OGS. Capital One Financial set a $93.00 target price on ONE Gas in a research report on Friday, June 12th. BTIG Research restated a “buy” rating and set a $96.00 price target on shares of ONE Gas in a research note on Thursday, July 23rd. Weiss Ratings downgraded shares of ONE Gas from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, July 10th. Wolfe Research initiated coverage on ONE Gas in a research note on Tuesday, May 26th. They issued a “peer perform” rating for the company. Finally, Wall Street Zen downgraded shares of ONE Gas from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $89.70.

ONE Gas Trading Up 1.6%

NYSE:OGS traded up $1.24 on Wednesday, hitting $78.56. The stock had a trading volume of 454,485 shares, compared to its average volume of 551,746. The stock has a market cap of $4.93 billion, a price-to-earnings ratio of 17.75, a PEG ratio of 2.58 and a beta of 0.66. ONE Gas has a 1-year low of $71.71 and a 1-year high of $90.78. The company has a quick ratio of 0.48, a current ratio of 0.57 and a debt-to-equity ratio of 0.66. The company has a fifty day moving average price of $78.13 and a two-hundred day moving average price of $82.56.

ONE Gas (NYSE:OGS) last announced its earnings results on Tuesday, August 4th. The utilities provider reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.19. The company had revenue of $411.64 million for the quarter, compared to analyst estimates of $410.29 million. ONE Gas had a return on equity of 8.45% and a net margin of 11.77%.The firm’s quarterly revenue was down 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.53 earnings per share. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Equities research analysts expect that ONE Gas will post 4.88 earnings per share for the current fiscal year.

ONE Gas Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be given a $0.68 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.5%. ONE Gas’s dividend payout ratio is currently 61.40%.

Institutional Investors Weigh In On ONE Gas

A number of institutional investors and hedge funds have recently added to or reduced their stakes in OGS. Alliancebernstein L.P. raised its stake in ONE Gas by 1,393.0% during the 2nd quarter. Alliancebernstein L.P. now owns 1,597,487 shares of the utilities provider’s stock valued at $114,795,000 after acquiring an additional 1,490,492 shares during the last quarter. Nuveen LLC grew its position in ONE Gas by 101.1% in the 4th quarter. Nuveen LLC now owns 776,495 shares of the utilities provider’s stock valued at $59,984,000 after buying an additional 390,344 shares during the last quarter. Squarepoint Ops LLC increased its stake in ONE Gas by 187.1% in the 2nd quarter. Squarepoint Ops LLC now owns 550,521 shares of the utilities provider’s stock valued at $39,560,000 after buying an additional 358,779 shares during the period. Deutsche Bank AG raised its position in ONE Gas by 339.8% during the 4th quarter. Deutsche Bank AG now owns 356,977 shares of the utilities provider’s stock worth $27,576,000 after buying an additional 275,809 shares during the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of ONE Gas in the second quarter valued at about $16,354,000. Hedge funds and other institutional investors own 88.71% of the company’s stock.

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.