OGE Energy Corporation $OGE Shares Sold by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC lowered its position in shares of OGE Energy Corporation (NYSE:OGE) by 7.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 141,765 shares of the utilities provider’s stock after selling 11,107 shares during the quarter. New Age Alpha Advisors LLC owned approximately 0.07% of OGE Energy worth $6,053,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. AE Wealth Management LLC increased its holdings in shares of OGE Energy by 4.7% in the third quarter. AE Wealth Management LLC now owns 356,485 shares of the utilities provider’s stock valued at $16,495,000 after purchasing an additional 16,058 shares during the last quarter. ProShare Advisors LLC lifted its position in OGE Energy by 6.1% during the third quarter. ProShare Advisors LLC now owns 779,470 shares of the utilities provider’s stock worth $36,066,000 after buying an additional 44,503 shares in the last quarter. Ashton Thomas Private Wealth LLC lifted its position in OGE Energy by 302.8% during the third quarter. Ashton Thomas Private Wealth LLC now owns 58,392 shares of the utilities provider’s stock worth $2,702,000 after buying an additional 43,895 shares in the last quarter. JPMorgan Chase & Co. lifted its position in OGE Energy by 25.1% during the third quarter. JPMorgan Chase & Co. now owns 1,092,661 shares of the utilities provider’s stock worth $50,557,000 after buying an additional 219,413 shares in the last quarter. Finally, Reaves W H & Co. Inc. lifted its position in OGE Energy by 7.5% during the third quarter. Reaves W H & Co. Inc. now owns 1,335,747 shares of the utilities provider’s stock worth $61,805,000 after buying an additional 93,462 shares in the last quarter. Institutional investors and hedge funds own 71.84% of the company’s stock.

Insider Buying and Selling at OGE Energy

In other OGE Energy news, insider William H. Sultemeier sold 7,345 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $47.97, for a total transaction of $352,339.65. Following the completion of the sale, the insider owned 74,497 shares of the company’s stock, valued at $3,573,621.09. This trade represents a 8.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Sarah R. Stafford sold 6,130 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $47.77, for a total value of $292,830.10. Following the sale, the chief accounting officer directly owned 28,559 shares of the company’s stock, valued at approximately $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 owned by company insiders.

OGE Energy Price Performance

OGE stock opened at $48.56 on Monday. The business has a fifty day moving average of $47.85 and a two-hundred day moving average of $45.73. The company has a quick ratio of 0.40, a current ratio of 0.66 and a debt-to-equity ratio of 1.09. The stock has a market cap of $10.02 billion, a price-to-earnings ratio of 21.68, a price-to-earnings-growth ratio of 3.60 and a beta of 0.55. OGE Energy Corporation has a 52-week low of $41.69 and a 52-week high of $50.13.

OGE Energy (NYSE:OGE) last posted its earnings results on Tuesday, April 28th. The utilities provider reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. The company had revenue of $752.60 million during the quarter, compared to analysts’ expectations of $616.02 million. OGE Energy had a return on equity of 9.47% and a net margin of 14.03%.The firm’s quarterly revenue was up .7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.31 earnings per share. As a group, research analysts anticipate that OGE Energy Corporation will post 2.42 earnings per share for the current year.

OGE Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Monday, July 6th will be paid a dividend of $0.425 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.70 annualized dividend and a yield of 3.5%. OGE Energy’s dividend payout ratio (DPR) is 75.89%.

Key OGE Energy News

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

• Positive Sentiment: Zacks Research raised its fiscal 2027 earnings estimate to $2.59 per share from $2.58, suggesting slightly improved expectations for OGE Energy’s medium-term profitability.
• Positive Sentiment: The firm also nudged up its fiscal 2028 EPS estimate to $2.80 from $2.79, reinforcing a more favorable longer-term outlook for the utility. OGE Energy analyst update
• Positive Sentiment: Analysts lifted near-term 2026 and 2027 quarterly estimates in several cases, including Q3 2026 EPS to $0.95 and Q3 2027 EPS to $0.96, which may help sentiment around earnings stability.
• Neutral Sentiment: OGE Energy’s latest quarterly results matched EPS expectations at $0.24 per share, while revenue came in above estimates, so there was no major earnings surprise driving the stock.
• Negative Sentiment: Some near-term estimates were trimmed, including Q2 2027 EPS to $0.63 from $0.69, Q4 2027 EPS to $0.59 from $0.61, and Q1 2028 EPS to $0.54 from $0.57, which could temper upside expectations.

Analysts Set New Price Targets

A number of brokerages recently commented on OGE. JPMorgan Chase & Co. began coverage on OGE Energy in a research report on Friday, March 20th. They set an “overweight” rating and a $52.00 price objective on the stock. Weiss Ratings upgraded OGE Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Wall Street Zen downgraded OGE Energy from a “hold” rating to a “sell” rating in a research report on Saturday. Barclays lifted their price objective on OGE Energy from $49.00 to $51.00 and gave the stock an “overweight” rating in a research report on Monday, April 20th. Finally, Wells Fargo & Company lifted their price objective on OGE Energy from $47.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 30th. Four investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $49.11.

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.