Vise Technologies Inc. Buys New Holdings in OGE Energy Corporation $OGE

Vise Technologies Inc. purchased a new position in OGE Energy Corporation (NYSE:OGE) during the second quarter, HoldingsChannel reports. The fund purchased 17,104 shares of the utilities provider’s stock, valued at approximately $832,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Strs Ohio grew its holdings in OGE Energy by 4.5% during the 1st quarter. Strs Ohio now owns 5,029 shares of the utilities provider’s stock valued at $241,000 after buying an additional 217 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its position in shares of OGE Energy by 3.3% during the first quarter. Fifth Third Wealth Advisors LLC now owns 6,740 shares of the utilities provider’s stock worth $323,000 after acquiring an additional 218 shares during the last quarter. Orion Porfolio Solutions LLC boosted its position in shares of OGE Energy by 3.3% during the third quarter. Orion Porfolio Solutions LLC now owns 6,979 shares of the utilities provider’s stock worth $323,000 after acquiring an additional 222 shares during the last quarter. Blair William & Co. IL grew its stake in OGE Energy by 0.9% during the third quarter. Blair William & Co. IL now owns 27,454 shares of the utilities provider’s stock valued at $1,270,000 after acquiring an additional 234 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its stake in OGE Energy by 49.4% during the third quarter. Caitong International Asset Management Co. Ltd now owns 771 shares of the utilities provider’s stock valued at $36,000 after acquiring an additional 255 shares in the last quarter. 71.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on OGE shares. Wall Street Zen upgraded shares of OGE Energy from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Barclays increased their price objective on shares of OGE Energy from $51.00 to $52.00 and gave the company an “overweight” rating in a report on Tuesday, July 14th. BMO Capital Markets cut their price objective on OGE Energy from $50.00 to $49.00 and set a “market perform” rating for the company in a research report on Wednesday, July 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of OGE Energy in a report on Friday, July 31st. Finally, Morgan Stanley decreased their target price on OGE Energy from $51.00 to $49.00 and set an “equal weight” rating on the stock in a research report on Friday. Four analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $49.60.

Key Stories Impacting OGE Energy

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 Trading Up 0.1%

Shares of OGE opened at $45.67 on Monday. The company’s fifty day moving average is $48.08 and its 200 day moving average is $47.69. OGE Energy Corporation has a fifty-two week low of $41.69 and a fifty-two week high of $50.59. The stock has a market capitalization of $9.43 billion, a PE ratio of 20.12, a P/E/G ratio of 3.38 and a beta of 0.53. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.47 and a current ratio of 0.77.

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

About OGE Energy

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.