Amundi Increases Stake in ONE Gas, Inc. $OGS

Key Points

• Amundi increased its ONE Gas stake by 189.7% in the first quarter, acquiring 13,174 additional shares for a total holding worth approximately $1.73 million. Institutional investors collectively own 88.71% of the company.
• ONE Gas reported quarterly EPS of $0.82, beating the $0.63 consensus estimate, while revenue reached $411.64 million. The company maintained fiscal 2026 EPS guidance of $4.83–$4.95.
• ONE Gas declared a quarterly dividend of $0.68 per share, equivalent to an annualized $2.72 payout and a 3.4% yield. Analysts’ consensus rating is “Hold,” with an average price target of $89.70 versus a recent share price of $80.35.

Amundi increased its stake in ONE Gas, Inc. (NYSE:OGS - Free Report) by 189.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,117 shares of the utilities provider's stock after acquiring an additional 13,174 shares during the period. Amundi's holdings in ONE Gas were worth $1,733,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. V Square Quantitative Management LLC purchased a new position in shares of ONE Gas in the fourth quarter valued at about $25,000. Triumph Capital Management increased its position in shares of ONE Gas by 247.0% during the fourth quarter. Triumph Capital Management now owns 347 shares of the utilities provider's stock valued at $27,000 after buying an additional 247 shares during the period. Garner Asset Management Corp purchased a new position in shares of ONE Gas during the fourth quarter valued at about $29,000. Torren Management LLC bought a new position in ONE Gas in the fourth quarter worth about $31,000. Finally, Quarry LP raised its stake in ONE Gas by 188.0% in the fourth quarter. Quarry LP now owns 409 shares of the utilities provider's stock worth $32,000 after buying an additional 267 shares in the last quarter. 88.71% of the stock is currently owned by hedge funds and other institutional investors.

ONE Gas Price Performance

NYSE:OGS opened at $80.35 on Friday. The business's 50-day moving average is $78.15 and its 200 day moving average is $82.56. ONE Gas, Inc. has a 12 month low of $73.91 and a 12 month high of $90.78. The company has a market capitalization of $5.04 billion, a P/E ratio of 17.32, a P/E/G ratio of 2.62 and a beta of 0.66. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.66.

ONE Gas (NYSE:OGS - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $0.82 EPS for the quarter, beating the consensus estimate of $0.63 by $0.19. ONE Gas had a net margin of 12.47% and a return on equity of 8.81%. The business had revenue of $411.64 million during the quarter, compared to analyst estimates of $410.29 million. During the same quarter last year, the business earned $0.53 earnings per share. ONE Gas's quarterly revenue was down 2.8% compared to the same quarter last year. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. On average, equities research analysts forecast that ONE Gas, Inc. will post 4.88 earnings per share for the current fiscal year.

ONE Gas Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be paid a dividend of $0.68 per share. This represents a $2.72 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Monday, August 17th. ONE Gas's payout ratio is presently 58.62%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Wells Fargo & Company raised ONE Gas from a "strong sell" rating to an "equal weight" rating and set a $85.00 target price for the company in a research report on Thursday. BTIG Research restated a "buy" rating and set a $96.00 price target on shares of ONE Gas in a research report on Thursday, July 23rd. Wolfe Research started coverage on ONE Gas in a research note on Tuesday, May 26th. They issued a "peer perform" rating on the stock. Wall Street Zen upgraded ONE Gas from a "sell" rating to a "hold" rating in a report on Saturday. Finally, Morgan Stanley raised their price objective on ONE Gas from $80.00 to $81.00 and gave the company an "equal weight" rating in a research report on Friday, July 17th. Five research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $89.70.

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.

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