First Trust Advisors LP Increases Stock Position in OGE Energy Corporation $OGE

Key Points

• First Trust Advisors LP raised its stake in OGE Energy by 3.6% in Q3, now owning 2,444,990 shares (about 1.21% of the company) valued at roughly $113.13 million.
• Insider activity: Director Lyle G. Ganske bought 10,420 shares at $47.99 (~$500k) while CAO Sarah R. Stafford sold 6,130 shares; company insiders collectively own 0.55% of OGE.
• Operational and shareholder updates: OGE reported Q EPS of $0.33 (above the $0.30 estimate), set FY2026 guidance of $2.380–2.480 EPS, and announced a quarterly dividend of $0.425 ($1.70 annualized, ~3.5% yield; ex-dividend Apr 6).

First Trust Advisors LP increased its holdings in shares of OGE Energy Corporation (NYSE:OGE - Free Report) by 3.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,444,990 shares of the utilities provider's stock after purchasing an additional 85,091 shares during the period. First Trust Advisors LP owned 1.21% of OGE Energy worth $113,130,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of OGE. Capital A Wealth Management LLC lifted its holdings in OGE Energy by 5,157.1% during the second quarter. Capital A Wealth Management LLC now owns 736 shares of the utilities provider's stock worth $33,000 after buying an additional 722 shares during the period. State of Wyoming bought a new stake in OGE Energy during the 2nd quarter valued at $34,000. Golden State Wealth Management LLC increased its holdings in shares of OGE Energy by 427.0% in the 2nd quarter. Golden State Wealth Management LLC now owns 780 shares of the utilities provider's stock valued at $35,000 after acquiring an additional 632 shares during the period. Quent Capital LLC purchased a new position in shares of OGE Energy in the 3rd quarter valued at $43,000. Finally, MTM Investment Management LLC bought a new position in shares of OGE Energy in the 2nd quarter worth $51,000. 71.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at OGE Energy

In other OGE Energy news, Director Lyle G. Ganske purchased 10,420 shares of the stock in a transaction on Monday, February 23rd. The shares were bought at an average cost of $47.99 per share, with a total value of $500,055.80. Following the completion of the acquisition, the director owned 10,420 shares in the company, valued at $500,055.80. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Sarah R. Stafford sold 6,130 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $47.77, for a total value of $292,830.10. Following the sale, the chief accounting officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.55% of the company's stock.

OGE Energy Trading Down 0.0%

OGE Energy stock opened at $48.24 on Monday. The stock has a 50-day moving average price of $44.88 and a 200 day moving average price of $44.74. The company has a market capitalization of $9.95 billion, a price-to-earnings ratio of 20.88, a price-to-earnings-growth ratio of 3.45 and a beta of 0.61. OGE Energy Corporation has a 52 week low of $40.80 and a 52 week high of $49.55. The company has a quick ratio of 0.49, a current ratio of 0.78 and a debt-to-equity ratio of 1.08.

OGE Energy (NYSE:OGE - Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.03. OGE Energy had a net margin of 14.44% and a return on equity of 9.89%. The company had revenue of $725.80 million for the quarter, compared to the consensus estimate of $277.80 million. During the same quarter in the prior year, the company earned $0.50 EPS. OGE Energy's quarterly revenue was down 4.6% on a year-over-year basis. OGE Energy has set its FY 2026 guidance at 2.380-2.480 EPS. Sell-side analysts anticipate that OGE Energy Corporation will post 2.27 EPS for the current year.

OGE Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Monday, April 6th will be paid a $0.425 dividend. The ex-dividend date is Monday, April 6th. This represents a $1.70 dividend on an annualized basis and a dividend yield of 3.5%. OGE Energy's dividend payout ratio is presently 73.59%.

Wall Street Analyst Weigh In

OGE has been the topic of a number of recent research reports. Mizuho set a $49.00 price objective on OGE Energy in a research report on Thursday, February 19th. UBS Group reduced their target price on shares of OGE Energy from $45.00 to $44.00 and set a "neutral" rating for the company in a report on Wednesday, December 17th. Barclays decreased their price target on shares of OGE Energy from $51.00 to $49.00 and set an "overweight" rating for the company in a research report on Thursday, January 22nd. Royal Bank Of Canada restated a "sector perform" rating on shares of OGE Energy in a report on Friday, January 23rd. Finally, Wells Fargo & Company lifted their price objective on shares of OGE Energy from $39.00 to $41.00 and gave the stock an "overweight" rating in a research report on Thursday, February 19th. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, OGE Energy currently has a consensus rating of "Moderate Buy" and a consensus target price of $47.63.

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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