ONE Gas (NYSE:OGS) Announces Quarterly Earnings Results, Beats Expectations By $0.06 EPS

ONE Gas (NYSE:OGS) announced its quarterly earnings data on Wednesday. The utilities provider reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.06, Zacks reports. ONE Gas had a net margin of 10.76% and a return on equity of 8.06%. ONE Gas updated its FY 2026 guidance to 4.830-4.950 EPS.

ONE Gas Stock Performance

NYSE:OGS traded down $1.74 during mid-day trading on Wednesday, reaching $84.00. The company’s stock had a trading volume of 490,430 shares, compared to its average volume of 462,570. The company has a current ratio of 0.47, a quick ratio of 0.33 and a debt-to-equity ratio of 0.74. 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 firm’s fifty day moving average price is $79.09 and its two-hundred day moving average price is $78.92. ONE Gas has a 12-month low of $68.58 and a 12-month high of $86.77.

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 issued a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 3.2%. The ex-dividend date is Friday, February 20th. This is a positive change from ONE Gas’s previous quarterly dividend of $0.67. ONE Gas’s dividend payout ratio is 63.40%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on OGS shares. Bank of America upped their price target on ONE Gas from $90.00 to $92.00 and gave the stock a “buy” rating in a research note on Thursday, December 4th. UBS Group reduced their price target on ONE Gas from $86.00 to $83.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Jefferies Financial Group lifted their price target on ONE Gas from $89.00 to $99.00 and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Morgan Stanley reissued an “underperform” rating and set a $73.00 price objective on shares of ONE Gas in a research report on Wednesday, January 21st. Finally, Weiss Ratings lowered shares of ONE Gas from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 5th. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, ONE Gas currently has an average rating of “Hold” and a consensus target price of $85.57.

Institutional Trading of ONE Gas

Several large investors have recently modified their holdings of the company. Kestra Advisory Services LLC purchased a new position in ONE Gas during the fourth quarter worth $195,000. UMB Bank n.a. lifted its holdings in shares of ONE Gas by 41.1% in the 4th quarter. UMB Bank n.a. now owns 1,349 shares of the utilities provider’s stock worth $104,000 after acquiring an additional 393 shares during the last quarter. CIBC Private Wealth Group LLC boosted its stake in shares of ONE Gas by 126.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,252 shares of the utilities provider’s stock worth $101,000 after purchasing an additional 698 shares during the period. NewEdge Advisors LLC grew its holdings in ONE Gas by 911.0% during the 3rd quarter. NewEdge Advisors LLC now owns 3,033 shares of the utilities provider’s stock valued at $245,000 after purchasing an additional 2,733 shares during the last quarter. Finally, Wexford Capital LP purchased a new stake in ONE Gas in the 3rd quarter worth about $211,000. Institutional investors own 88.71% of the company’s stock.

ONE Gas Company 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.