Tulsa Wealth Advisors INC Invests $1.04 Million in ONE Gas, Inc. $OGS

Tulsa Wealth Advisors INC bought a new position in shares of ONE Gas, Inc. (NYSE:OGS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,482 shares of the utilities provider’s stock, valued at approximately $1,041,000.

Several other institutional investors also recently bought and sold shares of OGS. CWA Asset Management Group LLC purchased a new stake in shares of ONE Gas in the fourth quarter worth about $2,037,000. Hudson Bay Capital Management LP purchased a new position in ONE Gas during the 3rd quarter valued at approximately $1,628,000. Cresset Asset Management LLC purchased a new position in ONE Gas during the 3rd quarter valued at approximately $1,416,000. SG Americas Securities LLC increased its stake in ONE Gas by 3,436.1% in the 4th quarter. SG Americas Securities LLC now owns 136,811 shares of the utilities provider’s stock worth $10,569,000 after acquiring an additional 132,942 shares during the last quarter. Finally, Boston Trust Walden Corp increased its position in ONE Gas by 5.3% in the fourth quarter. Boston Trust Walden Corp now owns 1,103,732 shares of the utilities provider’s stock worth $85,263,000 after purchasing an additional 55,507 shares during the last quarter. 88.71% of the stock is owned by hedge funds and other institutional investors.

ONE Gas Trading Down 0.1%

OGS stock opened at $76.69 on Friday. The company has a quick ratio of 0.48, a current ratio of 0.57 and a debt-to-equity ratio of 0.66. ONE Gas, Inc. has a twelve month low of $70.97 and a twelve month high of $90.78. The stock has a market capitalization of $4.81 billion, a price-to-earnings ratio of 17.31, a price-to-earnings-growth ratio of 2.61 and a beta of 0.66. The firm’s fifty day simple moving average is $82.99 and its two-hundred day simple moving average is $82.36.

ONE Gas (NYSE:OGS) last released its earnings results on Monday, May 4th. The utilities provider reported $2.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.13 by ($0.02). ONE Gas had a return on equity of 8.45% and a net margin of 11.77%.The firm had revenue of $831.71 million during the quarter, compared to the consensus estimate of $969.36 million. During the same quarter last year, the business posted $1.99 EPS. ONE Gas’s revenue was down 11.1% compared to the same quarter last year. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. As a group, analysts anticipate that ONE Gas, Inc. will post 4.72 earnings per share for the current year.

ONE Gas Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Monday, May 18th were given a dividend of $0.68 per share. The ex-dividend date of this dividend was Monday, May 18th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.5%. ONE Gas’s dividend payout ratio is presently 61.40%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Capital One Financial set a $93.00 target price on shares of ONE Gas in a report on Friday, June 12th. Truist Financial lowered their price target on shares of ONE Gas from $99.00 to $95.00 and set a “buy” rating for the company in a report on Monday, May 18th. Stifel Nicolaus lifted their price target on ONE Gas from $88.00 to $90.00 and gave the stock a “hold” rating in a research report on Tuesday, February 24th. Wolfe Research initiated coverage on ONE Gas in a research note on Tuesday, May 26th. They set a “peer perform” rating on the stock. Finally, Wells Fargo & Company initiated coverage on ONE Gas in a research report on Monday, May 11th. They set an “underweight” rating and a $85.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, ONE Gas has an average rating of “Moderate Buy” and an average price target of $90.10.

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.