Brokerages Set ONE Gas, Inc. (NYSE:OGS) PT at $90.10

Shares of ONE Gas, Inc. (NYSE:OGS) have earned an average rating of “Moderate Buy” from the eleven research firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $90.10.

Several equities analysts have recently issued reports on the company. Weiss Ratings upgraded ONE Gas from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, March 30th. Stifel Nicolaus boosted their target price on ONE Gas from $88.00 to $90.00 and gave the stock a “hold” rating in a research report on Tuesday, February 24th. Wolfe Research began coverage on ONE Gas in a research report on Tuesday, May 26th. They set a “peer perform” rating for the company. Wall Street Zen lowered ONE Gas from a “hold” rating to a “sell” rating in a research report on Saturday, May 16th. Finally, Capital One Financial set a $93.00 target price on ONE Gas in a research note on Friday, June 12th.

Institutional Trading of ONE Gas

A number of large investors have recently bought and sold shares of OGS. V Square Quantitative Management LLC bought a new stake in ONE Gas during the 4th quarter worth approximately $25,000. Triumph Capital Management increased its stake in ONE Gas by 247.0% during the 4th quarter. Triumph Capital Management now owns 347 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 247 shares in the last quarter. Garner Asset Management Corp bought a new stake in ONE Gas during the 4th quarter worth approximately $29,000. Torren Management LLC bought a new stake in ONE Gas during the 4th quarter worth approximately $31,000. Finally, Quarry LP increased its stake in ONE Gas by 188.0% during the 4th quarter. Quarry LP now owns 409 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 267 shares in the last quarter. 88.71% of the stock is owned by institutional investors.

ONE Gas Price Performance

ONE Gas stock opened at $76.69 on Friday. The firm has a market capitalization of $4.81 billion, a P/E ratio of 17.31, a PEG ratio of 2.59 and a beta of 0.66. ONE Gas has a 1 year low of $70.97 and a 1 year high of $90.78. The business has a 50-day moving average of $83.26 and a 200-day moving average of $82.40. The company has a current ratio of 0.57, a quick ratio of 0.48 and a debt-to-equity ratio of 0.66.

ONE Gas (NYSE:OGS) last posted its earnings results on Monday, May 4th. The utilities provider reported $2.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.13 by ($0.02). The company had revenue of $831.71 million for the quarter, compared to analyst estimates of $969.36 million. ONE Gas had a return on equity of 8.45% and a net margin of 11.77%.ONE Gas’s quarterly revenue was down 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.99 earnings per share. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. On average, equities analysts anticipate that ONE Gas will post 4.72 EPS for the current year.

ONE Gas Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Monday, May 18th were paid a dividend of $0.68 per share. This represents a $2.72 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Monday, May 18th. ONE Gas’s dividend payout ratio is presently 61.40%.

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.