OGE Energy (NYSE:OGE) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of OGE Energy (NYSE:OGE) from a sell rating to a hold rating in a report published on Saturday.

A number of other brokerages have also recently issued reports on OGE. Wells Fargo & Company boosted their price objective on shares of OGE Energy from $47.00 to $48.00 and gave the company an “equal weight” rating in a report on Thursday. BMO Capital Markets assumed coverage on shares of OGE Energy in a report on Tuesday, January 13th. They set a “market perform” rating and a $45.00 price objective for the company. Royal Bank Of Canada restated a “sector perform” rating on shares of OGE Energy in a report on Friday, January 23rd. JPMorgan Chase & Co. assumed coverage on shares of OGE Energy in a report on Friday, March 20th. They set an “overweight” rating and a $52.00 price objective for the company. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of OGE Energy in a report on Monday, April 6th. Four equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $49.38.

OGE Energy Trading Down 1.1%

OGE opened at $48.26 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.66 and a quick ratio of 0.49. The company has a market cap of $9.96 billion, a price-to-earnings ratio of 21.54, a price-to-earnings-growth ratio of 3.57 and a beta of 0.55. The firm has a 50 day simple moving average of $48.05 and a 200 day simple moving average of $45.56. OGE Energy has a fifty-two week low of $41.69 and a fifty-two week high of $50.13.

OGE Energy (NYSE:OGE) last posted its quarterly earnings results on Wednesday, April 29th. The utilities provider reported $0.24 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.24. The business had revenue of $752.60 million during the quarter, compared to the consensus estimate of $616.02 million. OGE Energy had a net margin of 14.03% and a return on equity of 9.47%. OGE Energy’s revenue for the quarter was up .7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.31 earnings per share. OGE Energy has set its FY 2026 guidance at 2.38-2.48 EPS. On average, sell-side analysts anticipate that OGE Energy will post 2.42 earnings per share for the current year.

OGE Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Monday, April 6th were issued a dividend of $0.425 per share. The ex-dividend date was Monday, April 6th. This represents a $1.70 dividend on an annualized basis and a yield of 3.5%. OGE Energy’s payout ratio is currently 75.89%.

Insider Buying and Selling

In related news, Director Lyle G. Ganske purchased 10,420 shares of OGE Energy stock in a transaction dated Monday, February 23rd. The stock was bought at an average price of $47.99 per share, for a total transaction of $500,055.80. Following the completion of the acquisition, the director directly owned 10,420 shares of the company’s stock, valued at $500,055.80. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Sarah R. Stafford sold 6,130 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $47.77, for a total transaction of $292,830.10. Following the completion of the transaction, the chief accounting officer owned 28,559 shares of the company’s stock, valued at $1,364,263.43. This trade represents a 17.67% decrease in their position. The SEC filing for this sale provides additional information. 0.57% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in OGE. Millennium Management LLC boosted its holdings in shares of OGE Energy by 1,160.8% in the first quarter. Millennium Management LLC now owns 94,965 shares of the utilities provider’s stock valued at $4,365,000 after buying an additional 87,433 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of OGE Energy by 54.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,043,657 shares of the utilities provider’s stock valued at $47,966,000 after buying an additional 367,960 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of OGE Energy by 4.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 560,664 shares of the utilities provider’s stock valued at $25,768,000 after buying an additional 23,051 shares during the period. Focus Partners Wealth boosted its holdings in shares of OGE Energy by 7.5% in the first quarter. Focus Partners Wealth now owns 9,145 shares of the utilities provider’s stock valued at $420,000 after buying an additional 637 shares during the period. Finally, Russell Investments Group Ltd. boosted its holdings in shares of OGE Energy by 3.9% in the second quarter. Russell Investments Group Ltd. now owns 8,612 shares of the utilities provider’s stock valued at $382,000 after buying an additional 321 shares during the period. Institutional investors and hedge funds own 71.84% of the company’s stock.

Key Headlines Impacting OGE Energy

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

• Positive Sentiment: Landmark customer win — OG&E (OGE’s operating unit) signed contracts to power three new Google data centers in Oklahoma, which should add long‑term demand, revenue visibility and support future rate base growth. The company said the agreements include customer protections that help manage local rate impact. OG&E Announces Landmark Contract with Google
• Positive Sentiment: Earnings clarity — OGE reported Q1 results and reiterated its 2026 EPS outlook (roughly $2.43), with revenue above expectations, which reduces near‑term earnings uncertainty and supports management’s guidance. OGE reaffirms 2026 EPS guidance
• Neutral Sentiment: Long‑term growth plan — OGE is pushing a multiyear capital program (~$7.29B) to expand infrastructure and support renewables and customer growth; this underpins future rate base and earnings but requires substantial execution. OGE’s growth and investment plan
• Neutral Sentiment: Analyst view — Wells Fargo nudged its price target slightly higher but kept an “equal weight” rating, signaling limited near‑term upside per that shop. Wells Fargo price target note
• Neutral Sentiment: Peer comparison — Analyst pieces comparing OGE to PG&E (PCG) frame OGE as a steadier regulated growth story; useful for value investors weighing relative risk and valuation but not an immediate catalyst. PCG vs. OGE comparison
• Negative Sentiment: Execution & cost risk — Analysts and company commentary flag supply‑chain constraints and rising project costs that could delay capital projects or raise near‑term spending, pressuring margins and the timing of rate recovery. This is the main offset to the positive commercial news. Supply-chain and cost concerns

OGE Energy Company 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.