Amundi Acquires 13,778 Shares of ONE Gas, Inc. $OGS

Key Points

• Amundi increased its ONE Gas stake by 68.5% in the second quarter, purchasing 13,778 additional shares for a total holding of 33,895 shares valued at approximately $2.6 million. Institutional investors collectively own 88.71% of OGS.
• ONE Gas reported quarterly EPS of $0.82, exceeding analysts’ $0.63 consensus estimate, while revenue of $411.6 million slightly surpassed expectations but declined 2.8% year over year. The company maintained 2026 EPS guidance of $4.83–$4.95.
• The company’s quarterly dividend is $0.68 per share, representing an annualized payout of $2.72 and a 3.5% yield. Analysts have a “Moderate Buy” consensus rating and an average price target of $89.23, compared with the stock’s reported $77.45 price.

Amundi grew its stake in ONE Gas, Inc. (NYSE:OGS - Free Report) by 68.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,895 shares of the utilities provider's stock after buying an additional 13,778 shares during the period. Amundi owned approximately 0.05% of ONE Gas worth $2,612,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in OGS. BlackRock Inc. purchased a new stake in ONE Gas during the 2nd quarter valued at about $701,266,000. California State Teachers Retirement System increased its stake in ONE Gas by 7,784.3% in the 2nd quarter. California State Teachers Retirement System now owns 5,552,894 shares of the utilities provider's stock worth $427,962,000 after purchasing an additional 5,482,464 shares during the period. Energy Income Partners LLC bought a new stake in ONE Gas in the second quarter valued at approximately $135,948,000. Alliancebernstein L.P. grew its holdings in shares of ONE Gas by 1,393.0% in the second quarter. Alliancebernstein L.P. now owns 1,597,487 shares of the utilities provider's stock worth $114,795,000 after purchasing an additional 1,490,492 shares during the last quarter. Finally, Norges Bank bought a new position in shares of ONE Gas in the fourth quarter worth approximately $70,767,000. Institutional investors own 88.71% of the company's stock.

ONE Gas Stock Up 0.1%

OGS stock opened at $77.45 on Monday. ONE Gas, Inc. has a twelve month low of $74.42 and a twelve month high of $90.78. The company has a quick ratio of 0.37, a current ratio of 0.48 and a debt-to-equity ratio of 0.66. The firm has a market cap of $4.87 billion, a PE ratio of 16.69, a price-to-earnings-growth ratio of 2.13 and a beta of 0.67. The business has a 50 day moving average of $79.55 and a 200 day moving average of $82.26.

ONE Gas (NYSE:OGS - Get Free Report) last announced its quarterly earnings results 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. The company had revenue of $411.64 million for the quarter, compared to analysts' expectations of $410.29 million. ONE Gas had a net margin of 12.47% and a return on equity of 8.81%. ONE Gas's revenue was down 2.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.53 EPS. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. On average, research analysts forecast that ONE Gas, Inc. will post 4.91 EPS for the current fiscal year.

ONE Gas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Monday, August 17th were given a dividend of $0.68 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $2.72 annualized dividend and a dividend yield of 3.5%. ONE Gas's dividend payout ratio (DPR) is 58.62%.

Analysts Set New Price Targets

OGS has been the subject of a number of recent analyst reports. Wells Fargo & Company upgraded shares of ONE Gas from a "strong sell" rating to an "equal weight" rating and set a $85.00 price target for the company in a report on Thursday, August 6th. Morgan Stanley dropped their target price on shares of ONE Gas from $86.00 to $82.00 and set an "equal weight" rating for the company in a research report on Friday, August 21st. Weiss Ratings cut shares of ONE Gas from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, July 10th. LADENBURG THALM/SH SH raised shares of ONE Gas from a "neutral" rating to a "buy" rating and set a $85.50 price target for the company in a research note on Thursday, August 13th. Finally, Truist Financial lowered their price objective on shares of ONE Gas from $89.00 to $87.00 and set a "buy" rating for the company in a report on Thursday, August 13th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $89.23.

ONE Gas Company Profile

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