ONE Gas (NYSE:OGS) Updates FY 2026 Earnings Guidance

ONE Gas (NYSE:OGS) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.830-4.950 for the period, compared to the consensus earnings per share estimate of 4.570. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several equities analysts have weighed in on OGS shares. Weiss Ratings cut shares of ONE Gas from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 5th. Jefferies Financial Group increased their price objective on ONE Gas from $89.00 to $99.00 and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Morgan Stanley reaffirmed an “underperform” rating and set a $73.00 target price on shares of ONE Gas in a research note on Wednesday, January 21st. Mizuho increased their price target on shares of ONE Gas from $87.00 to $90.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 3rd. Finally, UBS Group decreased their price target on shares of ONE Gas from $86.00 to $83.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $85.57.

ONE Gas Stock Down 2.0%

Shares of ONE Gas stock traded down $1.74 during trading on Wednesday, hitting $84.00. 490,430 shares of the stock traded hands, compared to its average volume of 462,570. The stock has a market cap of $5.04 billion, a P/E ratio of 19.58, a PEG ratio of 2.75 and a beta of 0.81. The company has a fifty day moving average price of $79.09 and a two-hundred day moving average price of $78.92. ONE Gas has a twelve month low of $68.58 and a twelve month high of $86.77. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.33 and a current ratio of 0.47.

ONE Gas (NYSE:OGS) last issued its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.42 by $0.06. ONE Gas had a net margin of 10.76% and a return on equity of 8.06%. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Equities research analysts predict that ONE Gas will post 4.26 EPS for the current fiscal year.

ONE Gas Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 6th. Investors of record on Friday, February 20th will be paid a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Friday, February 20th. This is a boost from ONE Gas’s previous quarterly dividend of $0.67. ONE Gas’s dividend payout ratio (DPR) is presently 63.40%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in ONE Gas by 4.6% during 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 purchasing an additional 1,461 shares during the period. NewEdge Advisors LLC lifted its stake in shares of ONE Gas by 895.0% in the first quarter. NewEdge Advisors LLC now owns 2,985 shares of the utilities provider’s stock worth $226,000 after buying an additional 2,685 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of ONE Gas by 9.8% in the first quarter. Empowered Funds LLC now owns 5,848 shares of the utilities provider’s stock worth $442,000 after buying an additional 522 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of 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 buying an additional 34,647 shares during the period. Finally, Jane Street Group LLC bought a new stake in shares of ONE Gas during the 1st quarter worth $5,876,000. 88.71% of the stock is owned by institutional investors.

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.