Pictet Asset Management Holding SA Acquires 295,932 Shares of OGE Energy Corporation $OGE

Key Points

• Pictet Asset Management boosted its stake in OGE by 915.4% in Q4, buying 295,932 shares to hold 328,260 shares (about 0.16% of the company) valued at roughly $14.0 million.
• OGE reported Q1 EPS of $0.24 (in line) with revenue of $752.6M beating estimates, reaffirmed FY2026 guidance of roughly $2.38–$2.48 EPS, and pays a quarterly dividend of $0.425 (annualized yield ~3.5%, DPR ~73.6%).
• Positive commercial news includes contracts to power three Google data centers—supporting long‑term demand and rate‑base growth—while execution risks and rising project costs/supply‑chain constraints remain key downside concerns.

Pictet Asset Management Holding SA increased its holdings in OGE Energy Corporation (NYSE:OGE - Free Report) by 915.4% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 328,260 shares of the utilities provider's stock after buying an additional 295,932 shares during the quarter. Pictet Asset Management Holding SA owned about 0.16% of OGE Energy worth $14,017,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of OGE Energy by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 21,500,675 shares of the utilities provider's stock valued at $918,079,000 after buying an additional 304,080 shares during the period. Boston Partners lifted its holdings in shares of OGE Energy by 0.5% during the 3rd quarter. Boston Partners now owns 6,279,360 shares of the utilities provider's stock valued at $290,530,000 after buying an additional 31,138 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of OGE Energy by 1.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,613,959 shares of the utilities provider's stock valued at $120,944,000 after buying an additional 35,162 shares during the period. Northern Trust Corp boosted its position in OGE Energy by 2.7% in the third quarter. Northern Trust Corp now owns 2,521,165 shares of the utilities provider's stock worth $116,654,000 after purchasing an additional 67,224 shares during the last quarter. Finally, First Trust Advisors LP boosted its position in OGE Energy by 3.6% in the third quarter. First Trust Advisors LP now owns 2,444,990 shares of the utilities provider's stock worth $113,130,000 after purchasing an additional 85,091 shares during the last quarter. 71.84% of the stock is currently owned by institutional investors.

OGE Energy Trading Down 1.1%

NYSE:OGE opened at $48.26 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.66 and a quick ratio of 0.49. The firm has a market capitalization of $9.96 billion, a price-to-earnings ratio of 21.54, a price-to-earnings-growth ratio of 3.62 and a beta of 0.55. OGE Energy Corporation has a one year low of $41.69 and a one year high of $50.13. The business has a fifty day moving average price of $48.05 and a 200-day moving average price of $45.56.

OGE Energy (NYSE:OGE - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The utilities provider reported $0.24 EPS for the quarter, hitting the consensus estimate of $0.24. The firm had revenue of $752.60 million during the quarter, compared to analyst estimates of $616.02 million. OGE Energy had a return on equity of 9.47% and a net margin of 14.03%.OGE Energy's revenue was up .7% on a year-over-year basis. During the same period in the prior year, the business posted $0.31 EPS. OGE Energy has set its FY 2026 guidance at 2.38-2.48 EPS. Sell-side analysts forecast that OGE Energy Corporation will post 2.42 EPS for the current year.

OGE Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 24th. Shareholders of record on Monday, April 6th were issued a dividend of $0.425 per share. The ex-dividend date of this dividend was Monday, April 6th. This represents a $1.70 dividend on an annualized basis and a yield of 3.5%. OGE Energy's dividend payout ratio (DPR) is currently 73.59%.

OGE Energy News Summary

Here are the key news stories impacting OGE Energy this week:

• Positive Sentiment: Landmark customer win — OG&E (OGE’s operating unit) signed contracts to power three new Google data centers in Oklahoma, which should add long‑term demand, revenue visibility and support future rate base growth. The company said the agreements include customer protections that help manage local rate impact. OG&E Announces Landmark Contract with Google
• Positive Sentiment: Earnings clarity — OGE reported Q1 results and reiterated its 2026 EPS outlook (roughly $2.43), with revenue above expectations, which reduces near‑term earnings uncertainty and supports management’s guidance. OGE reaffirms 2026 EPS guidance
• Neutral Sentiment: Long‑term growth plan — OGE is pushing a multiyear capital program (~$7.29B) to expand infrastructure and support renewables and customer growth; this underpins future rate base and earnings but requires substantial execution. OGE's growth and investment plan
• Neutral Sentiment: Analyst view — Wells Fargo nudged its price target slightly higher but kept an "equal weight" rating, signaling limited near‑term upside per that shop. Wells Fargo price target note
• Neutral Sentiment: Peer comparison — Analyst pieces comparing OGE to PG&E (PCG) frame OGE as a steadier regulated growth story; useful for value investors weighing relative risk and valuation but not an immediate catalyst. PCG vs. OGE comparison
• Negative Sentiment: Execution & cost risk — Analysts and company commentary flag supply‑chain constraints and rising project costs that could delay capital projects or raise near‑term spending, pressuring margins and the timing of rate recovery. This is the main offset to the positive commercial news. Supply-chain and cost concerns

Analyst Upgrades and Downgrades

A number of research firms have issued reports on OGE. JPMorgan Chase & Co. began coverage on OGE Energy in a research note on Friday, March 20th. They set an "overweight" rating and a $52.00 price target for the company. BMO Capital Markets assumed coverage on shares of OGE Energy in a research report on Tuesday, January 13th. They set a "market perform" rating and a $45.00 target price for the company. Mizuho set a $49.00 target price on shares of OGE Energy in a report on Thursday, February 19th. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of OGE Energy in a report on Monday, April 6th. Finally, Wells Fargo & Company upped their target price on shares of OGE Energy from $47.00 to $48.00 and gave the company an "equal weight" rating in a report on Thursday. Four equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $49.38.

Insider Transactions at OGE Energy

In other OGE Energy news, CAO Sarah R. Stafford sold 6,130 shares of the firm's stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $47.77, for a total transaction of $292,830.10. Following the sale, the chief accounting officer directly owned 28,559 shares of the company's stock, valued at $1,364,263.43. This trade represents a 17.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lyle G. Ganske purchased 10,420 shares of the firm's stock in a transaction on Monday, February 23rd. The shares were acquired at an average cost of $47.99 per share, for a total transaction of $500,055.80. Following the completion of the acquisition, the director owned 10,420 shares of the company's stock, valued at approximately $500,055.80. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.57% of the stock is owned by company insiders.

About OGE Energy

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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