ONE Gas, Inc. $OGS Shares Sold by Tudor Investment Corp ET AL

Key Points

• Tudor Investment Corp ET AL cut its ONE Gas stake by 73.6% in Q3, selling 82,600 shares and leaving 29,674 shares worth about $2.4M, indicating a large institutional reduction.
• ONE Gas beat EPS estimates in the most recent quarter ($1.48 vs. $1.42) but missed revenue, set FY2026 guidance of 4.830–4.950 EPS, and raised its quarterly dividend to $0.68 (annualized $2.72, ~3.0% yield).
• Institutional investors own 88.71% of the stock and analysts hold a consensus "Hold" rating with a $86.88 target amid mixed analyst revisions.

Tudor Investment Corp ET AL decreased its stake in shares of ONE Gas, Inc. (NYSE:OGS - Free Report) by 73.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,674 shares of the utilities provider's stock after selling 82,600 shares during the period. Tudor Investment Corp ET AL's holdings in ONE Gas were worth $2,402,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Allianz Asset Management GmbH boosted its stake in shares of ONE Gas by 23.4% in the third quarter. Allianz Asset Management GmbH now owns 103,050 shares of the utilities provider's stock valued at $8,341,000 after purchasing an additional 19,522 shares during the period. Federated Hermes Inc. lifted its position in shares of ONE Gas by 269.0% in the 3rd quarter. Federated Hermes Inc. now owns 42,902 shares of the utilities provider's stock worth $3,472,000 after buying an additional 31,275 shares during the last quarter. Jackson Creek Investment Advisors LLC bought a new position in shares of ONE Gas in the 3rd quarter worth about $1,925,000. Cresset Asset Management LLC bought a new position in shares of ONE Gas in the 3rd quarter worth about $1,416,000. Finally, Pacer Advisors Inc. acquired a new stake in shares of ONE Gas in the 3rd quarter worth about $1,109,000. Institutional investors and hedge funds own 88.71% of the company's stock.

Insider Buying and Selling at ONE Gas

In other news, insider Brian F. Brumfield sold 1,000 shares of ONE Gas stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $86.44, for a total transaction of $86,440.00. Following the completion of the sale, the insider owned 2,246 shares of the company's stock, valued at approximately $194,144.24. This trade represents a 30.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.20% of the company's stock.

ONE Gas Price Performance

NYSE OGS opened at $90.10 on Friday. The business has a 50 day simple moving average of $85.93 and a 200 day simple moving average of $81.91. ONE Gas, Inc. has a 52-week low of $70.87 and a 52-week high of $90.78. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.48 and a current ratio of 0.60. The stock has a market cap of $5.65 billion, a price-to-earnings ratio of 20.62, a PEG ratio of 2.34 and a beta of 0.75.

ONE Gas (NYSE:OGS - Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The utilities provider reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.06. The company had revenue of $689.37 million during the quarter, compared to analysts' expectations of $990.44 million. ONE Gas had a net margin of 10.89% and a return on equity of 8.24%. The business's quarterly revenue was up 9.3% on a year-over-year basis. During the same period last year, the business earned $1.34 EPS. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Analysts anticipate that ONE Gas, Inc. will post 4.26 earnings per share for the current fiscal year.

ONE Gas Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Friday, February 20th were paid a dividend of $0.68 per share. The ex-dividend date was Friday, February 20th. This represents a $2.72 dividend on an annualized basis and a dividend yield of 3.0%. This is a boost from ONE Gas's previous quarterly dividend of $0.67. ONE Gas's dividend payout ratio is 62.24%.

Analysts Set New Price Targets

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