Bokf Na Reduces Stock Position in ONE Gas, Inc. $OGS

Key Points

• Bokf Na cut its stake in ONE Gas (NYSE:OGS) by 14.6% in Q4, selling 20,709 shares and finishing the quarter with 121,228 shares worth $9.365 million (0.20% of the company).
• Analyst sentiment is broadly positive with a MarketBeat consensus of Moderate Buy and a $91.29 target; recent notes include Truist initiating coverage with a buy and $99 price objective and other firms raising price targets.
• ONE Gas missed quarterly expectations (EPS $2.11 vs. $2.13 expected; revenue $831.7M vs. $969.4M), provided FY2026 EPS guidance of 4.83–4.95, and declared a $0.68 quarterly dividend (annualized yield ~3.2%).

Bokf Na lessened its position in shares of ONE Gas, Inc. (NYSE:OGS - Free Report) by 14.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 121,228 shares of the utilities provider's stock after selling 20,709 shares during the quarter. Bokf Na owned 0.20% of ONE Gas worth $9,365,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Garner Asset Management Corp purchased a new stake in ONE Gas during the 4th quarter valued at about $29,000. Triune Financial Partners LLC purchased a new stake in ONE Gas during the 4th quarter valued at about $234,000. Benjamin Edwards Inc. grew its stake in ONE Gas by 2.9% during the 4th quarter. Benjamin Edwards Inc. now owns 19,715 shares of the utilities provider's stock valued at $1,523,000 after purchasing an additional 557 shares during the last quarter. Horizon Investments LLC acquired a new position in shares of ONE Gas in the 4th quarter valued at about $88,000. Finally, Torren Management LLC acquired a new position in shares of ONE Gas in the 4th quarter valued at about $31,000. Hedge funds and other institutional investors own 88.71% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on OGS. Truist Financial began coverage on ONE Gas in a report on Monday, April 20th. They issued a "buy" rating and a $99.00 price objective for the company. Weiss Ratings raised ONE Gas from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, March 30th. Stifel Nicolaus boosted their price objective on ONE Gas from $88.00 to $90.00 and gave the company a "hold" rating in a report on Tuesday, February 24th. Finally, Morgan Stanley boosted their price objective on ONE Gas from $84.00 to $86.00 and gave the company an "equal weight" rating in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $91.29.

Insiders Place Their Bets

In related news, insider Brian F. Brumfield sold 1,000 shares of the company's stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $86.44, for a total value of $86,440.00. Following the completion of the transaction, the insider owned 2,246 shares of the company's stock, valued at approximately $194,144.24. This represents a 30.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.92% of the company's stock.

ONE Gas Stock Performance

NYSE OGS opened at $86.08 on Thursday. The stock has a market capitalization of $5.40 billion, a price-to-earnings ratio of 19.43, a PEG ratio of 2.86 and a beta of 0.72. ONE Gas, Inc. has a twelve month low of $70.87 and a twelve month high of $90.78. The company has a current ratio of 0.57, a quick ratio of 0.48 and a debt-to-equity ratio of 0.66. The stock has a 50-day moving average of $87.31 and a 200 day moving average of $82.82.

ONE Gas (NYSE:OGS - Get Free Report) last released its quarterly earnings results on Monday, May 4th. The utilities provider reported $2.11 earnings per share for the quarter, missing analysts' consensus estimates of $2.13 by ($0.02). The business had revenue of $831.71 million during the quarter, compared to analyst estimates of $969.36 million. ONE Gas had a return on equity of 8.45% and a net margin of 11.77%.The business's revenue for the quarter was down 11.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.99 EPS. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Sell-side analysts anticipate that ONE Gas, Inc. will post 4.86 EPS for the current fiscal year.

ONE Gas Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Monday, May 18th will be issued a $0.68 dividend. The ex-dividend date of this dividend is Monday, May 18th. This represents a $2.72 dividend on an annualized basis and a yield of 3.2%. ONE Gas's dividend payout ratio is presently 62.24%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.