6,288 Shares in ONE Gas, Inc. $OGS Acquired by Two Sigma Securities LLC

Two Sigma Securities LLC purchased a new stake in ONE Gas, Inc. (NYSE:OGS) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 6,288 shares of the utilities provider’s stock, valued at approximately $485,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of ONE Gas by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,528 shares of the utilities provider’s stock worth $2,534,000 after acquiring an additional 1,461 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of ONE Gas by 895.0% during the 1st quarter. NewEdge Advisors LLC now owns 2,985 shares of the utilities provider’s stock valued at $226,000 after acquiring an additional 2,685 shares in the last quarter. Empowered Funds LLC boosted its position in ONE Gas by 9.8% during the 1st quarter. Empowered Funds LLC now owns 5,848 shares of the utilities provider’s stock worth $442,000 after purchasing an additional 522 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in ONE Gas by 18.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 219,598 shares of the utilities provider’s stock worth $16,599,000 after purchasing an additional 34,647 shares during the period. Finally, Jane Street Group LLC acquired a new stake in ONE Gas in the 1st quarter valued at $5,876,000. 88.71% of the stock is owned by institutional investors and hedge funds.

ONE Gas Stock Performance

Shares of OGS stock opened at $80.06 on Thursday. ONE Gas, Inc. has a 12 month low of $74.06 and a 12 month high of $90.78. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.48 and a quick ratio of 0.37. The firm has a market capitalization of $5.03 billion, a P/E ratio of 17.25, a P/E/G ratio of 2.21 and a beta of 0.67. The company’s fifty day moving average price is $79.33 and its two-hundred day moving average price is $82.56.

ONE Gas (NYSE:OGS) last announced its earnings results on Tuesday, August 4th. The utilities provider reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.19. ONE Gas had a return on equity of 8.81% and a net margin of 12.47%.The company had revenue of $411.64 million during the quarter, compared to the consensus estimate of $410.29 million. During the same period last year, the firm earned $0.53 earnings per share. The company’s revenue was down 2.8% on a year-over-year basis. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. On average, research analysts anticipate that ONE Gas, Inc. will post 4.91 earnings per share for the current fiscal year.

ONE Gas Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Monday, August 17th were given a dividend of $0.68 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.4%. ONE Gas’s dividend payout ratio (DPR) is presently 58.62%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Truist Financial cut their price objective on ONE Gas from $89.00 to $87.00 and set a “buy” rating on the stock in a research report on Thursday, August 13th. Weiss Ratings lowered ONE Gas from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, July 10th. BTIG Research reiterated a “buy” rating and set a $96.00 target price on shares of ONE Gas in a report on Thursday, July 23rd. LADENBURG THALM/SH SH raised ONE Gas from a “neutral” rating to a “buy” rating and set a $85.50 price target on the stock in a research report on Thursday, August 13th. Finally, Wells Fargo & Company upgraded ONE Gas from a “strong sell” rating to an “equal weight” rating and set a $85.00 price target for the company in a report on Thursday, August 6th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $89.23.

ONE Gas Profile

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.