Ontario Teachers Pension Plan Board Invests $2.23 Million in ONE Gas, Inc. $OGS

Ontario Teachers Pension Plan Board bought a new stake in ONE Gas, Inc. (NYSE:OGS) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 27,584 shares of the utilities provider’s stock, valued at approximately $2,233,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Capital Advisors Inc. OK lifted its position in ONE Gas by 7.1% during the third quarter. Capital Advisors Inc. OK now owns 2,998 shares of the utilities provider’s stock valued at $243,000 after buying an additional 200 shares during the period. Cadent Capital Advisors LLC increased its stake in shares of ONE Gas by 1.4% in the 3rd quarter. Cadent Capital Advisors LLC now owns 15,150 shares of the utilities provider’s stock worth $1,226,000 after acquiring an additional 203 shares in the last quarter. Securian Asset Management Inc. lifted its position in ONE Gas by 6.6% during the 2nd quarter. Securian Asset Management Inc. now owns 4,564 shares of the utilities provider’s stock valued at $328,000 after acquiring an additional 281 shares during the period. GAMMA Investing LLC boosted its stake in ONE Gas by 23.8% during the third quarter. GAMMA Investing LLC now owns 1,813 shares of the utilities provider’s stock worth $147,000 after acquiring an additional 349 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in ONE Gas by 34.9% in the third quarter. Farther Finance Advisors LLC now owns 1,457 shares of the utilities provider’s stock worth $118,000 after purchasing an additional 377 shares during the period. 88.71% of the stock is owned by hedge funds and other institutional investors.

ONE Gas Stock Down 2.0%

ONE Gas stock opened at $84.00 on Thursday. ONE Gas, Inc. has a 12 month low of $68.58 and a 12 month high of $86.77. The stock has a fifty day simple moving average of $79.24 and a two-hundred day simple moving average of $78.95. 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 firm has a market cap of $5.04 billion, a price-to-earnings ratio of 19.58, a PEG ratio of 2.25 and a beta of 0.81.

ONE Gas (NYSE:OGS) last released its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $1.48 EPS for the quarter, topping the consensus estimate of $1.42 by $0.06. ONE Gas had a return on equity of 8.06% and a net margin of 10.76%.The company had revenue of $689.37 million during the quarter, compared to the consensus estimate of $990.44 million. During the same period last year, the company earned $1.34 EPS. ONE Gas’s revenue for the quarter was up 9.3% on a year-over-year basis. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Equities analysts predict that ONE Gas, Inc. will post 4.26 EPS for the current fiscal year.

ONE Gas Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Stockholders of record on Friday, February 20th will be paid a $0.68 dividend. This is a boost from ONE Gas’s previous quarterly dividend of $0.67. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Friday, February 20th. ONE Gas’s dividend payout ratio (DPR) is presently 62.47%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on OGS shares. Morgan Stanley reiterated an “underperform” rating and set a $73.00 target price on shares of ONE Gas in a report on Wednesday, January 21st. Bank of America lifted their price objective on ONE Gas from $90.00 to $92.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Mizuho increased their target price on ONE Gas from $87.00 to $90.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 3rd. 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. Finally, Weiss Ratings downgraded shares of ONE Gas from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 5th. Four analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $85.57.

Key Headlines Impacting ONE Gas

Here are the key news stories impacting ONE Gas this week:

• Positive Sentiment: Q4 EPS beat — ONE Gas reported $1.48 EPS versus the $1.42 consensus (prior year $1.34), which helped reassure investors on earnings quality and supported sentiment. ONE Gas (OGS) Q4 Earnings and Revenues Top Estimates
• Positive Sentiment: Raised FY2026 guidance — Management set EPS guidance of $4.83–$4.95, aboveStreet consensus (~$4.57), signaling confidence in regulated results and giving forward earnings visibility. This is the primary catalyst for the stronger intraday move. Press Release (Q4 Results & Guidance)
• Positive Sentiment: Leadership update — Promotion of Curtis Dinan to president and COO (effective March 1) is positioned as strengthening operations and long-term growth execution, which may be viewed favorably by investors focused on execution risk. ONE Gas Announces Leadership Progression
• Neutral Sentiment: Company webcast/analyst call scheduled — Management will host an analyst call and webcast (Feb. 19) to discuss results and guidance; investors will look for detail on drivers behind guidance and gas volumes. Q4 & Full-Year Results / Call Notice
• Neutral Sentiment: Preview & coverage — Market previews and local snapshot pieces provided context but no new material facts; useful for background rather than catalysts. ONE Gas Q4 2025 earnings preview
• Negative Sentiment: Revenue vs. consensus — Reported revenue of ~$689M was materially below a cited consensus (~$990M) even though revenue rose ~9.3% year-over-year; the topline shortfall may reflect pass-through/commodity timing or estimate mismatches and is a near-term risk until management clarifies drivers. ONE Gas (OGS) Q4 Results Summary

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.