ONE Gas, Inc. $OGS Stake Decreased by Boston Trust Walden Corp

Key Points

• Boston Trust Walden cut its ONE Gas stake by 4.5%, selling 46,787 shares in the third quarter; it still held 998,657 shares, valued at about $71.8 million.
• ONE Gas reported Q3 EPS of $0.53, beating the $0.48 consensus, while revenue rose 3.2% year over year to $391.3 million but fell short of estimates. The company raised its 2026 EPS guidance to $4.95–$5.01.
• The company declared a quarterly dividend of $0.68 per share, or $2.72 annualized, representing a yield of roughly 3.3%.

Boston Trust Walden Corp reduced its holdings in shares of ONE Gas, Inc. (NYSE:OGS - Free Report) by 4.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 998,657 shares of the utilities provider's stock after selling 46,787 shares during the quarter. Boston Trust Walden Corp owned 1.59% of ONE Gas worth $71,773,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. bought a new stake in ONE Gas in the 2nd quarter worth about $701,266,000. Energy Income Partners LLC purchased a new position in ONE Gas in the 2nd quarter worth about $135,948,000. Bank of New York Mellon Corp lifted its stake in ONE Gas by 2.2% during the 1st quarter. Bank of New York Mellon Corp now owns 763,877 shares of the utilities provider's stock valued at $65,793,000 after acquiring an additional 16,697 shares during the period. Bank of America Corp DE bought a new position in ONE Gas during the 2nd quarter valued at about $44,011,000. Finally, Legal & General Group Plc bought a new position in ONE Gas during the 2nd quarter valued at about $23,103,000. 88.71% of the stock is owned by hedge funds and other institutional investors.

ONE Gas News Roundup

Here are the key news stories impacting ONE Gas this week:

• Positive Sentiment: BTIG raised its price target to $95. Scotiabank also increased its target, to $87, and reiterated a “sector outperform” rating. BTIG price target article Scotiabank rating information
• Positive Sentiment: ONE Gas reported Q3 EPS of $0.53, ahead of the $0.48 consensus, with revenue up 3.2% year over year on new rates and customer growth. It raised its 2026 EPS guidance to $4.95–$5.01, above the $4.91 consensus. Q3 earnings and guidance article
• Positive Sentiment: Shares crossed above their 200-day moving average, a potentially encouraging technical signal for investors. 200-day moving average article
• Neutral Sentiment: The company declared a quarterly dividend of $0.68 per share, equivalent to $2.72 annually and a stated yield of 3.4%. Revenue, however, came in below analysts’ estimates.

ONE Gas Stock Up 1.4%

OGS stock opened at $82.16 on Thursday. ONE Gas, Inc. has a fifty-two week low of $70.37 and a fifty-two week high of $90.78. The business's 50-day moving average is $76.26 and its two-hundred day moving average is $80.86. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.37 and a current ratio of 0.58. The company has a market cap of $5.16 billion, a price-to-earnings ratio of 17.52, a P/E/G ratio of 2.14 and a beta of 0.62.

ONE Gas (NYSE:OGS - Get Free Report) last announced its earnings results on Monday, November 2nd. The utilities provider reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.05. The business had revenue of $391.31 million for the quarter, compared to analysts' expectations of $398.23 million. ONE Gas had a return on equity of 8.80% and a net margin of 12.61%. The business's revenue for the quarter was up 3.2% on a year-over-year basis. During the same period last year, the firm posted $0.44 earnings per share. As a group, analysts forecast that ONE Gas, Inc. will post 4.91 earnings per share for the current year.

ONE Gas Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Monday, November 16th will be paid a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Monday, November 16th. ONE Gas's dividend payout ratio is 58.00%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. LADENBURG THALM/SH SH raised shares of ONE Gas from a "neutral" rating to a "buy" rating and set a $85.50 price target on the stock in a report on Thursday, August 13th. BTIG Research reissued a "buy" rating and set a $95.00 price objective on shares of ONE Gas in a report on Wednesday. Truist Financial decreased their price objective on shares of ONE Gas from $89.00 to $87.00 and set a "buy" rating for the company in a report on Thursday, August 13th. Weiss Ratings upgraded shares of ONE Gas from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, October 23rd. Finally, Wall Street Zen upgraded shares of ONE Gas from a "sell" rating to a "hold" rating in a report on Sunday. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $87.12.

ONE Gas Profile

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