Massachusetts Financial Services Co. MA Sells 14,634 Shares of ONE Gas, Inc. $OGS

Key Points

• Massachusetts Financial Services Co. MA trimmed its stake in ONE Gas by 3.5%, selling 14,634 shares and leaving it with 409,133 shares worth about $31.6 million (≈0.68% of the company).
• ONE Gas beat quarterly EPS estimates ($1.48 vs. $1.42) and set FY 2026 guidance of 4.830–4.950 EPS, while the stock trades near its highs with a market cap of $5.57 billion.
• The company raised its quarterly dividend to $0.68 (annualized $2.72), yielding about 3.1% with a payout ratio near 62%.

Massachusetts Financial Services Co. MA cut its holdings in ONE Gas, Inc. (NYSE:OGS - Free Report) by 3.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 409,133 shares of the utilities provider's stock after selling 14,634 shares during the period. Massachusetts Financial Services Co. MA owned approximately 0.68% of ONE Gas worth $31,606,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. American Century Companies Inc. lifted its stake in ONE Gas by 5.6% in the third quarter. American Century Companies Inc. now owns 3,816,387 shares of the utilities provider's stock worth $308,899,000 after purchasing an additional 202,189 shares during the last quarter. Alliancebernstein L.P. lifted its stake in ONE Gas by 6.9% in the third quarter. Alliancebernstein L.P. now owns 1,707,792 shares of the utilities provider's stock worth $138,229,000 after purchasing an additional 110,305 shares during the last quarter. Energy Income Partners LLC lifted its stake in ONE Gas by 22.2% in the third quarter. Energy Income Partners LLC now owns 846,247 shares of the utilities provider's stock worth $68,495,000 after purchasing an additional 153,760 shares during the last quarter. Franklin Resources Inc. lifted its stake in ONE Gas by 0.4% in the third quarter. Franklin Resources Inc. now owns 720,381 shares of the utilities provider's stock worth $58,308,000 after purchasing an additional 2,546 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its stake in ONE Gas by 1.2% in the third quarter. Victory Capital Management Inc. now owns 624,316 shares of the utilities provider's stock worth $50,532,000 after purchasing an additional 7,339 shares during the last quarter. 88.71% of the stock is owned by institutional investors.

Insider Activity

In other ONE Gas news, insider Brian F. Brumfield sold 1,000 shares of the business's stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $86.44, for a total value of $86,440.00. Following the transaction, the insider owned 2,246 shares in the company, valued at approximately $194,144.24. The trade was a 30.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.92% of the company's stock.

ONE Gas Price Performance

OGS stock opened at $88.68 on Thursday. The firm's 50-day moving average price is $86.41 and its two-hundred day moving average price is $82.12. ONE Gas, Inc. has a 12-month low of $70.87 and a 12-month high of $90.78. The stock has a market capitalization of $5.57 billion, a price-to-earnings ratio of 20.29, a PEG ratio of 2.31 and a beta of 0.75. The company has a current ratio of 0.60, a quick ratio of 0.48 and a debt-to-equity ratio of 0.68.

ONE Gas (NYSE:OGS - Get Free Report) last released its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $1.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.42 by $0.06. ONE Gas had a net margin of 10.89% and a return on equity of 8.24%. The firm had revenue of $689.37 million for the quarter, compared to analysts' expectations of $990.44 million. During the same quarter in the previous year, the company earned $1.34 earnings per share. The company's revenue for the quarter was up 9.3% compared to the same quarter last year. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. As a group, equities analysts predict that ONE Gas, Inc. will post 4.26 earnings per share for the current year.

ONE Gas Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 6th. Shareholders of record on Friday, February 20th were given a $0.68 dividend. The ex-dividend date was Friday, February 20th. This is a positive change from ONE Gas's previous quarterly dividend of $0.67. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.1%. ONE Gas's dividend payout ratio is presently 62.24%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. UBS Group lowered their price target on shares of ONE Gas from $86.00 to $83.00 and set a "neutral" rating for the company in a research note on Wednesday, December 17th. Morgan Stanley set a $79.00 price target on shares of ONE Gas in a research note on Friday, February 20th. Stifel Nicolaus boosted their price target on shares of ONE Gas from $88.00 to $90.00 and gave the stock a "hold" rating in a research note on Tuesday, February 24th. Finally, Weiss Ratings raised shares of ONE Gas from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, March 30th. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $86.88.

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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