ONE Gas (NYSE:OGS) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded ONE Gas from “sell” to “hold,” while analysts overall maintain a “Moderate Buy” consensus with an average price target of $86.46.
• ONE Gas reported quarterly EPS of $0.82, exceeding the $0.63 analyst consensus, though revenue fell 2.8% year over year. The company issued fiscal 2026 EPS guidance of $4.83–$4.95.
• The stock opened at $78.49, with a market capitalization of approximately $4.93 billion; institutional investors own 88.71% of outstanding shares.

ONE Gas (NYSE:OGS - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued on Sunday, Wall Street Zen reports.

Several other research analysts also recently commented on the company. Truist Financial dropped their price target on ONE Gas from $89.00 to $87.00 and set a "buy" rating on the stock in a research report on Thursday, August 13th. Weiss Ratings raised ONE Gas from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, October 23rd. LADENBURG THALM/SH SH raised ONE Gas from a "neutral" rating to a "buy" rating and set a $85.50 price objective for the company in a research report on Thursday, August 13th. Jefferies Financial Group downgraded shares of ONE Gas from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $103.00 to $80.00 in a research note on Wednesday, October 7th. Finally, BTIG Research set a $89.00 target price on shares of ONE Gas in a research report on Tuesday, October 20th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat, ONE Gas presently has an average rating of "Moderate Buy" and a consensus price target of $86.46.

ONE Gas Trading Up 0.5%

NYSE:OGS opened at $78.49 on Friday. The company has a market capitalization of $4.93 billion, a P/E ratio of 16.92, a P/E/G ratio of 2.07 and a beta of 0.64. The stock's 50 day moving average price is $76.20 and its 200 day moving average price is $80.81. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.37 and a current ratio of 0.48. ONE Gas has a 52 week low of $70.37 and a 52 week high of $90.78.

ONE Gas (NYSE:OGS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.63 by $0.19. ONE Gas had a net margin of 12.47% and a return on equity of 8.81%. The firm had revenue of $411.64 million during the quarter, compared to analysts' expectations of $410.29 million. During the same period in the prior year, the company posted $0.53 earnings per share. ONE Gas's revenue for the quarter was down 2.8% on a year-over-year basis. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. On average, research analysts forecast that ONE Gas will post 4.91 EPS for the current fiscal year.

Hedge Funds Weigh In On ONE Gas

A number of large investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in ONE Gas during the second quarter worth $701,266,000. Energy Income Partners LLC bought a new position in shares of ONE Gas in the second quarter valued at $135,948,000. Bank of New York Mellon Corp acquired a new position in shares of ONE Gas during the second quarter valued at about $56,308,000. Bank of America Corp DE acquired a new position in shares of ONE Gas during the second quarter valued at about $44,011,000. Finally, Legal & General Group Plc acquired a new position in shares of ONE Gas during the second quarter valued at about $23,103,000. Institutional investors own 88.71% of the company's stock.

About ONE Gas

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