Ieq Capital LLC Invests $6.31 Million in OGE Energy Corporation $OGE

Ieq Capital LLC bought a new stake in shares of OGE Energy Corporation (NYSE:OGE) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 129,675 shares of the utilities provider’s stock, valued at approximately $6,310,000. Ieq Capital LLC owned 0.06% of OGE Energy at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Callan Family Office LLC acquired a new position in shares of OGE Energy during the 2nd quarter worth about $235,000. Allworth Financial LP bought a new stake in OGE Energy in the 2nd quarter valued at $526,000. Virtus Advisers LLC acquired a new stake in shares of OGE Energy in the 2nd quarter valued at about $706,000. Ceredex Value Advisors LLC acquired a new position in shares of OGE Energy during the second quarter worth about $12,795,000. Finally, Vise Technologies Inc. bought a new position in shares of OGE Energy during the 2nd quarter worth approximately $832,000. 71.84% of the stock is currently owned by institutional investors.

Key OGE Energy News

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

• Positive Sentiment: Zacks raised its Q3 2026 EPS forecast to $1.02 from $1.00, suggesting somewhat stronger expected results in the upcoming quarter.
• Positive Sentiment: The firm increased its Q3 2027 estimate to $1.04 from $1.03 and lifted its Q4 2027 forecast to $0.58 from $0.55.
• Neutral Sentiment: Zacks’ FY2026 EPS estimate was reduced slightly to $2.42 from $2.43, bringing it in line with the current consensus forecast rather than signaling a material change in full-year expectations.
• Negative Sentiment: Estimates were lowered for Q1 2027 to $0.37 from $0.39 and Q2 2027 to $0.60 from $0.62, pointing to weaker expected earnings in the first half of 2027.
• Negative Sentiment: Longer-term forecasts also fell: Q1 2028 EPS was cut to $0.50 from $0.53, while Q2 2028 EPS was reduced to $0.63 from $0.71. These revisions may be weighing on the stock because they imply some pressure on OGE’s future earnings trajectory.

OGE Energy Stock Performance

Shares of OGE Energy stock opened at $45.67 on Monday. The company has a market cap of $9.43 billion, a P/E ratio of 20.12, a PEG ratio of 3.38 and a beta of 0.53. OGE Energy Corporation has a 1-year low of $41.69 and a 1-year high of $50.59. The business has a 50-day moving average price of $48.08 and a two-hundred day moving average price of $47.69. The company has a current ratio of 0.77, a quick ratio of 0.47 and a debt-to-equity ratio of 1.12.

OGE Energy (NYSE:OGE) last announced its quarterly earnings results on Tuesday, July 28th. The utilities provider reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.01. The business had revenue of $711.90 million for the quarter, compared to analyst estimates of $782.73 million. OGE Energy had a return on equity of 9.48% and a net margin of 14.44%.The company’s quarterly revenue was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.53 earnings per share. As a group, analysts anticipate that OGE Energy Corporation will post 2.42 EPS for the current year.

Analyst Ratings Changes

OGE has been the topic of several analyst reports. Wall Street Zen upgraded OGE Energy from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. LADENBURG THALM/SH SH increased their price objective on shares of OGE Energy from $42.50 to $47.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Barclays boosted their price target on OGE Energy from $51.00 to $52.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Morgan Stanley lowered their price objective on OGE Energy from $51.00 to $49.00 and set an “equal weight” rating on the stock in a research note on Friday. Finally, BMO Capital Markets reduced their price target on shares of OGE Energy from $50.00 to $49.00 and set a “market perform” rating on the stock in a research report on Wednesday, July 22nd. 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.com, OGE Energy currently has an average rating of “Hold” and a consensus target price of $49.60.

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.