UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 24,093 Shares of OGE Energy Corporation $OGE

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its stake in shares of OGE Energy Corporation (NYSE:OGE) by 5.3% during the second quarter, HoldingsChannel reports. The institutional investor owned 426,753 shares of the utilities provider’s stock after selling 24,093 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in OGE Energy were worth $20,766,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Root Financial Partners LLC lifted its position in shares of OGE Energy by 111.3% during the 1st quarter. Root Financial Partners LLC now owns 598 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 315 shares during the period. Capital Advisors Ltd. LLC raised its stake in OGE Energy by 14,780.0% in the first quarter. Capital Advisors Ltd. LLC now owns 744 shares of the utilities provider’s stock valued at $36,000 after purchasing an additional 739 shares in the last quarter. Clearstead Trust LLC acquired a new position in OGE Energy in the second quarter valued at about $37,000. Caitong International Asset Management Co. Ltd lifted its position 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 worth $36,000 after purchasing an additional 255 shares during the period. Finally, State of Wyoming acquired a new stake in OGE Energy during the second quarter worth about $34,000. 71.84% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at OGE Energy

In related news, SVP Donnie Jones sold 6,508 shares of the business’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $46.11, for a total value of $300,083.88. Following the sale, the senior vice president owned 40,555 shares of the company’s stock, valued at $1,869,991.05. The trade was a 13.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.57% of the stock is currently owned by corporate insiders.

OGE Energy Stock Up 0.1%

Shares of NYSE OGE opened at $46.92 on Friday. The company has a 50 day simple moving average of $47.71 and a 200 day simple moving average of $47.78. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.77 and a quick ratio of 0.47. OGE Energy Corporation has a 1 year low of $41.69 and a 1 year high of $50.59. The firm has a market cap of $9.69 billion, a PE ratio of 20.67, a price-to-earnings-growth ratio of 3.08 and a beta of 0.52.

OGE Energy (NYSE:OGE) last posted its earnings results on Tuesday, July 28th. The utilities provider reported $0.56 earnings per share for the quarter, topping 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 firm had revenue of $711.90 million for the quarter, compared to analyst estimates of $782.73 million. During the same period in the previous year, the firm posted $0.53 EPS. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year. On average, research analysts forecast that OGE Energy Corporation will post 2.42 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on OGE shares. LADENBURG THALM/SH SH raised their target price on shares of OGE Energy from $42.50 to $47.00 and gave the company a “neutral” rating in a report on Monday, May 11th. Royal Bank Of Canada raised shares of OGE Energy from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from $50.00 to $54.00 in a research note on Wednesday. Barclays boosted their price objective on shares of OGE Energy from $51.00 to $52.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Weiss Ratings restated a “buy (b)” rating on shares of OGE Energy in a research note on Friday, July 31st. Finally, Morgan Stanley reduced their target price on OGE Energy from $51.00 to $49.00 and set an “equal weight” rating on the stock in a report on Friday, August 21st. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $49.90.

More OGE Energy News

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

• Positive Sentiment: RBC Capital upgraded OGE to “Outperform” from “Sector Perform,” signaling greater confidence in the utility’s expected performance relative to its industry. RBC cited an emerging growth inflection and potential capital-investment catalysts that could support earnings and long-term growth. RBC Capital upgrades OGE Energy to outperform OGE Energy growth inflection begins
• Neutral Sentiment: A Zacks comparison examines whether OGE or RWE AG offers the better value among electric-power utilities. The report may attract value-oriented investors, but the article details provided do not identify a decisive change to OGE’s valuation or rating. RWE or OGE value stock comparison
• Positive Sentiment: Zacks raised its forecasts for third-quarter 2026 EPS to $1.03 from $1.02, third-quarter 2027 EPS to $1.06 from $1.04, and fourth-quarter 2027 EPS to $0.61 from $0.58. These upward revisions provide modest support for the growth narrative.
• Negative Sentiment: Zacks lowered estimates for first-quarter 2027 EPS to $0.35 from $0.37, second-quarter 2027 EPS to $0.58 from $0.60, first-quarter 2028 EPS to $0.49 from $0.50, and second-quarter 2028 EPS to $0.62 from $0.63. The revisions are mixed overall, while the full-year consensus remains $2.42 per share, reducing the immediate earnings impact.

OGE Energy 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.