ONE Gas (NYSE:OGS) Rating Increased to Hold at Wall Street Zen

Key Points

• Wall Street Zen upgraded ONE Gas from “Sell” to “Hold,” while analysts overall maintain a “Hold” consensus with an average price target of $89.70.
• ONE Gas reported quarterly EPS of $0.82, beating the $0.63 consensus estimate, while revenue of $411.64 million was slightly above expectations but declined 2.8% year over year.
• The stock opened at $80.35, up 0.9%, and institutional investors own 88.71% of outstanding shares; the company’s fiscal 2026 EPS guidance is $4.83–$4.95.

ONE Gas (NYSE:OGS - Get Free Report) was upgraded by Wall Street Zen from a "sell" rating to a "hold" rating in a research note issued to investors on Saturday.

Several other research firms have also issued reports on OGS. Mizuho reduced their target price on ONE Gas from $94.00 to $89.00 and set an "outperform" rating for the company in a report on Tuesday, June 9th. Truist Financial dropped their price target on ONE Gas from $95.00 to $89.00 and set a "buy" rating on the stock in a report on Wednesday, July 22nd. Wolfe Research assumed coverage on ONE Gas in a research report on Tuesday, May 26th. They issued a "peer perform" rating on the stock. Capital One Financial set a $93.00 price objective on ONE Gas in a research report on Friday, June 12th. Finally, BTIG Research restated a "buy" rating and issued a $96.00 price objective on shares of ONE Gas in a research note on Thursday, July 23rd. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, ONE Gas has an average rating of "Hold" and an average target price of $89.70.

ONE Gas Stock Up 0.9%

OGS opened at $80.35 on Friday. ONE Gas has a fifty-two week low of $73.91 and a fifty-two week high of $90.78. The firm has a market capitalization of $5.04 billion, a P/E ratio of 17.32, a PEG ratio of 2.62 and a beta of 0.66. The company's 50-day moving average is $78.15 and its 200 day moving average is $82.56. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.48 and a quick ratio of 0.48.

ONE Gas (NYSE:OGS - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.63 by $0.19. The business had revenue of $411.64 million during the quarter, compared to the consensus estimate of $410.29 million. ONE Gas had a net margin of 12.47% and a return on equity of 8.81%. The firm's quarterly revenue was down 2.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.53 EPS. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Research analysts expect that ONE Gas will post 4.88 earnings per share for the current fiscal year.

Institutional Investors Weigh In On ONE Gas

Large investors have recently modified their holdings of the stock. BlackRock Inc. purchased a new position in ONE Gas in the second quarter valued at approximately $701,266,000. Energy Income Partners LLC bought a new stake in shares of ONE Gas in the second quarter valued at $135,948,000. Alliancebernstein L.P. raised its stake in shares of ONE Gas by 1,393.0% in the second quarter. Alliancebernstein L.P. now owns 1,597,487 shares of the utilities provider's stock valued at $114,795,000 after buying an additional 1,490,492 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of ONE Gas by 37.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,398,440 shares of the utilities provider's stock valued at $108,029,000 after buying an additional 380,668 shares during the last quarter. Finally, Boston Trust Walden Corp lifted its position in shares of ONE Gas by 5.3% during the 4th quarter. Boston Trust Walden Corp now owns 1,103,732 shares of the utilities provider's stock valued at $85,263,000 after buying an additional 55,507 shares during the last quarter. Hedge funds and other institutional investors own 88.71% of the company's stock.

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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