Artemis Investment Management LLP Lowers Stock Position in OGE Energy Corporation $OGE

Key Points

• Artemis Investment Management LLP cut its stake in OGE by 52.9% in Q4, selling 357,636 shares and retaining 318,425 shares worth about $13.6 million (≈0.16% of the company).
• OGE reported Q1 EPS of $0.24 (in line with estimates) and revenue of $752.6M (above expectations), and reaffirmed FY2026 guidance of roughly $2.38–$2.48 per share (analyst average ~2.42).
• OGE signed contracts to power three new Google data centers in Oklahoma, supporting long‑term demand and rate base growth; the stock yields 3.5% and carries a consensus "Hold" with an average target of $49.38.

Artemis Investment Management LLP cut its stake in shares of OGE Energy Corporation (NYSE:OGE - Free Report) by 52.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 318,425 shares of the utilities provider's stock after selling 357,636 shares during the quarter. Artemis Investment Management LLP owned approximately 0.16% of OGE Energy worth $13,597,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in OGE. Millennium Management LLC boosted its position in shares of OGE Energy by 1,160.8% in the first quarter. Millennium Management LLC now owns 94,965 shares of the utilities provider's stock worth $4,365,000 after purchasing an additional 87,433 shares during the period. Goldman Sachs Group Inc. raised its position in shares of OGE Energy by 54.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,043,657 shares of the utilities provider's stock valued at $47,966,000 after purchasing an additional 367,960 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of OGE Energy by 4.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 560,664 shares of the utilities provider's stock valued at $25,768,000 after purchasing an additional 23,051 shares during the period. Focus Partners Wealth lifted its stake in shares of OGE Energy by 7.5% during the 1st quarter. Focus Partners Wealth now owns 9,145 shares of the utilities provider's stock valued at $420,000 after buying an additional 637 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in shares of OGE Energy by 3.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 8,612 shares of the utilities provider's stock valued at $382,000 after buying an additional 321 shares in the last quarter. 71.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

OGE has been the topic of a number of recent analyst reports. Royal Bank Of Canada reissued a "sector perform" rating on shares of OGE Energy in a report on Friday, January 23rd. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of OGE Energy in a research note on Monday, April 6th. Barclays increased their target price on OGE Energy from $49.00 to $51.00 and gave the stock an "overweight" rating in a research report on Monday, April 20th. JPMorgan Chase & Co. assumed coverage on OGE Energy in a report on Friday, March 20th. They issued an "overweight" rating and a $52.00 price target on the stock. Finally, BMO Capital Markets initiated coverage on OGE Energy in a research note on Tuesday, January 13th. They issued a "market perform" rating and a $45.00 price target for the company. Four research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $49.38.

OGE Energy Stock Performance

NYSE OGE opened at $48.26 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.66 and a quick ratio of 0.49. OGE Energy Corporation has a 1-year low of $41.69 and a 1-year high of $50.13. The business has a 50 day simple moving average of $48.05 and a two-hundred day simple moving average of $45.56. The stock has a market capitalization of $9.96 billion, a PE ratio of 21.54, a P/E/G ratio of 3.57 and a beta of 0.55.

OGE Energy (NYSE:OGE - Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. The business had revenue of $752.60 million for 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 company's revenue for the quarter was up .7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.31 EPS. OGE Energy has set its FY 2026 guidance at 2.38-2.48 EPS. On average, research analysts predict that OGE Energy Corporation will post 2.42 EPS for the current fiscal year.

OGE Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Monday, April 6th were paid a dividend of $0.425 per share. The ex-dividend date of this dividend was Monday, April 6th. This represents a $1.70 dividend on an annualized basis and a yield of 3.5%. OGE Energy's dividend payout ratio is presently 75.89%.

Key Headlines Impacting OGE Energy

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

• Positive Sentiment: Landmark customer win — OG&E (OGE’s operating unit) signed contracts to power three new Google data centers in Oklahoma, which should add long‑term demand, revenue visibility and support future rate base growth. The company said the agreements include customer protections that help manage local rate impact. OG&E Announces Landmark Contract with Google
• Positive Sentiment: Earnings clarity — OGE reported Q1 results and reiterated its 2026 EPS outlook (roughly $2.43), with revenue above expectations, which reduces near‑term earnings uncertainty and supports management’s guidance. OGE reaffirms 2026 EPS guidance
• Neutral Sentiment: Long‑term growth plan — OGE is pushing a multiyear capital program (~$7.29B) to expand infrastructure and support renewables and customer growth; this underpins future rate base and earnings but requires substantial execution. OGE's growth and investment plan
• Neutral Sentiment: Analyst view — Wells Fargo nudged its price target slightly higher but kept an "equal weight" rating, signaling limited near‑term upside per that shop. Wells Fargo price target note
• Neutral Sentiment: Peer comparison — Analyst pieces comparing OGE to PG&E (PCG) frame OGE as a steadier regulated growth story; useful for value investors weighing relative risk and valuation but not an immediate catalyst. PCG vs. OGE comparison
• Negative Sentiment: Execution & cost risk — Analysts and company commentary flag supply‑chain constraints and rising project costs that could delay capital projects or raise near‑term spending, pressuring margins and the timing of rate recovery. This is the main offset to the positive commercial news. Supply-chain and cost concerns

Insider Buying and Selling at OGE Energy

In other OGE Energy news, Director Lyle G. Ganske acquired 10,420 shares of the stock in a transaction on Monday, February 23rd. The stock was acquired at an average price of $47.99 per share, for a total transaction of $500,055.80. Following the completion of the transaction, the director directly owned 10,420 shares of the company's stock, valued at $500,055.80. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Sarah R. Stafford sold 6,130 shares of the company's stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $47.77, for a total transaction of $292,830.10. Following the sale, the chief accounting officer owned 28,559 shares in the company, valued at $1,364,263.43. This represents a 17.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.57% of the stock is owned by company insiders.

OGE Energy 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.

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