ONE Gas (NYSE:OGS) Sets New 52-Week High - Here's Why

Key Points

• ONE Gas hit a new 52-week high of $88.03 (last traded $87.25) on Friday; analysts' consensus rating is a Hold with an average price target of $86.88.
• The company posted an EPS beat ($1.48 vs. $1.42), reported revenue up 9.3% year-over-year, and set FY2026 guidance of $4.83–$4.95 in EPS.
• ONE Gas raised its quarterly dividend to $0.68 (annualized $2.72, ~3.1% yield); insiders recently sold shares while institutional investors own about 88.7% of the stock.

ONE Gas, Inc. (NYSE:OGS - Get Free Report) hit a new 52-week high on Friday . The company traded as high as $88.03 and last traded at $87.2510, with a volume of 24817 shares changing hands. The stock had previously closed at $86.89.

Analysts Set New Price Targets

OGS has been the subject of several research reports. Bank of America upped their target price on ONE Gas from $90.00 to $92.00 and gave the stock a "buy" rating in a report on Thursday, December 4th. UBS Group decreased their price objective on ONE Gas from $86.00 to $83.00 and set a "neutral" rating for the company in a report on Wednesday, December 17th. Morgan Stanley set a $79.00 price objective on shares of ONE Gas in a research note on Friday, February 20th. Mizuho increased their target price on shares of ONE Gas from $87.00 to $90.00 and gave the stock an "outperform" rating in a report on Wednesday, December 3rd. Finally, Stifel Nicolaus raised their target price on shares of ONE Gas from $88.00 to $90.00 and gave the company a "hold" rating in a research report on Tuesday, February 24th. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $86.88.

ONE Gas Price Performance

The firm has a 50-day simple moving average of $82.05 and a 200-day simple moving average of $80.21. The firm has a market cap of $5.45 billion, a P/E ratio of 19.91, a PEG ratio of 2.25 and a beta of 0.80. 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 results on Wednesday, February 18th. The utilities provider reported $1.48 EPS for the quarter, topping the consensus estimate of $1.42 by $0.06. The firm had revenue of $689.37 million during the quarter, compared to analyst estimates of $990.44 million. ONE Gas had a return on equity of 8.24% and a net margin of 10.89%.The business's revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.34 EPS. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. As a group, analysts forecast that ONE Gas, Inc. will post 4.26 EPS for the current year.

ONE Gas Increases Dividend

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

Insider Activity at ONE Gas

In other news, insider Brian F. Brumfield sold 1,000 shares of the firm'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 sale, the insider directly owned 2,246 shares in the company, valued at approximately $194,144.24. This trade represents a 30.81% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.20% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of OGS. Corient Private Wealth LLC boosted its stake in ONE Gas by 3.5% in the fourth quarter. Corient Private Wealth LLC now owns 4,018 shares of the utilities provider's stock valued at $312,000 after acquiring an additional 135 shares in the last quarter. Tulsa Wealth Advisors INC acquired a new position in shares of ONE Gas during the fourth quarter worth $1,041,000. Caitong International Asset Management Co. Ltd increased its position in shares of ONE Gas by 495.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 560 shares of the utilities provider's stock worth $43,000 after purchasing an additional 466 shares in the last quarter. MidFirst Bank purchased a new stake in shares of ONE Gas during the 4th quarter valued at $1,430,000. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in shares of ONE Gas by 7.3% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 10,473 shares of the utilities provider's stock valued at $809,000 after purchasing an additional 712 shares during the last quarter. Institutional investors own 88.71% of the company's stock.

About ONE Gas

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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