Martingale Asset Management L P Has $16.31 Million Stake in OGE Energy Corporation $OGE

Martingale Asset Management L P decreased its position in OGE Energy Corporation (NYSE:OGE) by 12.2% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 352,535 shares of the utilities provider’s stock after selling 49,035 shares during the period. Martingale Asset Management L P’s holdings in OGE Energy were worth $16,312,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in OGE. Boston Partners grew its stake in shares of OGE Energy by 15.7% in the second quarter. Boston Partners now owns 6,248,222 shares of the utilities provider’s stock worth $277,388,000 after purchasing an additional 846,365 shares during the last quarter. Geode Capital Management LLC raised its stake in OGE Energy by 0.8% in the 2nd quarter. Geode Capital Management LLC now owns 3,555,290 shares of the utilities provider’s stock valued at $157,824,000 after acquiring an additional 26,569 shares during the period. Dimensional Fund Advisors LP raised its position in shares of OGE Energy by 1.4% in the third quarter. Dimensional Fund Advisors LP now owns 2,613,959 shares of the utilities provider’s stock worth $120,944,000 after buying an additional 35,162 shares in the last quarter. First Trust Advisors LP increased its stake in shares of OGE Energy by 3.6% during the third quarter. First Trust Advisors LP now owns 2,444,990 shares of the utilities provider’s stock valued at $113,130,000 after buying an additional 85,091 shares during the period. Finally, Norges Bank purchased a new position in shares of OGE Energy during the second quarter worth about $101,421,000. Institutional investors and hedge funds own 71.84% of the company’s stock.

Insider Buying and Selling

In other OGE Energy news, CAO Sarah R. Stafford sold 6,130 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $47.77, for a total value of $292,830.10. Following the transaction, the chief accounting officer directly owned 28,559 shares of the company’s stock, valued at $1,364,263.43. This represents a 17.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Lyle G. Ganske acquired 10,420 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were bought at an average cost of $47.99 per share, with a total value of $500,055.80. Following the completion of the acquisition, the director owned 10,420 shares in the company, valued at approximately $500,055.80. This represents a ∞ increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.55% of the stock is currently owned by company insiders.

OGE Energy Trading Up 1.7%

Shares of NYSE OGE opened at $47.86 on Friday. The company has a market cap of $9.87 billion, a price-to-earnings ratio of 20.72, a P/E/G ratio of 3.37 and a beta of 0.61. OGE Energy Corporation has a 12 month low of $40.80 and a 12 month high of $49.55. The business has a fifty day simple moving average of $45.26 and a 200-day simple moving average of $44.81. The company has a quick ratio of 0.49, a current ratio of 0.78 and a debt-to-equity ratio of 1.08.

OGE Energy (NYSE:OGE) last announced its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The company had revenue of $725.80 million during the quarter, compared to analyst estimates of $277.80 million. OGE Energy had a net margin of 14.44% and a return on equity of 9.89%. The firm’s revenue for the quarter was down 4.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.50 EPS. OGE Energy has set its FY 2026 guidance at 2.380-2.480 EPS. Sell-side analysts predict that OGE Energy Corporation will post 2.27 EPS for the current year.

OGE Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Monday, April 6th will be given a $0.425 dividend. The ex-dividend date of this dividend is Monday, April 6th. This represents a $1.70 annualized dividend and a dividend yield of 3.6%. OGE Energy’s dividend payout ratio is presently 73.59%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Barclays lowered their target price on shares of OGE Energy from $51.00 to $49.00 and set an “overweight” rating for the company in a research note on Thursday, January 22nd. Wells Fargo & Company upped their price objective on shares of OGE Energy from $39.00 to $41.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. BMO Capital Markets initiated coverage on shares of OGE Energy in a report on Tuesday, January 13th. They set a “market perform” rating and a $45.00 price objective on the stock. Mizuho set a $49.00 target price on shares of OGE Energy in a research note on Thursday, February 19th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of OGE Energy in a research report on Friday, January 23rd. Five equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, OGE Energy presently has a consensus rating of “Moderate Buy” and an average price target of $47.63.

Key Stories Impacting OGE Energy

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

• Positive Sentiment: Zacks raised its FY2028 EPS view to $2.79 (from $2.72), signaling slightly stronger longer‑term earnings expectations for OGE. Zacks Research FY2028 boost
• Positive Sentiment: Q2 2027 EPS was increased to $0.69 (from $0.64), suggesting improved mid‑cycle performance versus Zacks’ prior view. Zacks Research Q2 2027 raise
• Positive Sentiment: Zacks lifted Q3 2026 to $0.72 (from $0.70) and Q4 2026 to $0.65 (from $0.64), which supports slightly stronger seasonal/second‑half earnings. Zacks Research Q3/Q4 2026 lifts
• Neutral Sentiment: Zacks published a full update of quarterly and FY estimates (Q1–Q4 2026, FY2027 and FY2028), supplying a refreshed model set investors can use to re‑rate OGE. Zacks Research full estimate update
• Negative Sentiment: Q1 2026 was trimmed to $0.46 (from $0.47), a modest near‑term downgrade that may weigh on short‑term expectations. Zacks Research Q1 2026 cut
• Negative Sentiment: Q2 2026 was lowered to $0.60 (from $0.62), another near‑term downgrade that could impact the upcoming quarterly view. Zacks Research Q2 2026 cut
• Negative Sentiment: Q1 2027 saw a larger cut to $0.51 (from $0.58), the biggest single quarterly downgrade in Zacks’ updates and a potential near‑term risk to guidance/momentum. Zacks Research Q1 2027 cut
• Negative Sentiment: Zacks nudged FY2026 to $2.42 (from $2.43) and trimmed FY2027 to $2.57 (from $2.58) — small downgrades to near‑term full‑year expectations. Zacks Research FY2026/2027 cuts

OGE Energy Company 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.