ONE Gas, Inc. $OGS Shares Purchased by Aristotle Capital Boston LLC

Aristotle Capital Boston LLC raised its stake in shares of ONE Gas, Inc. (NYSE:OGS) by 38.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 102,180 shares of the utilities provider’s stock after buying an additional 28,573 shares during the period. Aristotle Capital Boston LLC’s holdings in ONE Gas were worth $7,893,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of OGS. V Square Quantitative Management LLC acquired a new stake in ONE Gas during the 4th quarter valued at $25,000. Triumph Capital Management grew its holdings in ONE Gas by 247.0% during the 4th quarter. Triumph Capital Management now owns 347 shares of the utilities provider’s stock valued at $27,000 after buying an additional 247 shares during the last quarter. Garner Asset Management Corp acquired a new stake in ONE Gas during the 4th quarter valued at $29,000. Torren Management LLC acquired a new stake in ONE Gas during the 4th quarter valued at $31,000. Finally, Quarry LP grew its holdings in ONE Gas by 188.0% during the 4th quarter. Quarry LP now owns 409 shares of the utilities provider’s stock valued at $32,000 after buying an additional 267 shares during the last quarter. Institutional investors and hedge funds own 88.71% of the company’s stock.

ONE Gas Price Performance

OGS stock opened at $76.15 on Thursday. ONE Gas, Inc. has a 52-week low of $70.97 and a 52-week high of $90.78. The stock’s fifty day simple moving average is $83.51 and its 200-day simple moving average is $82.45. The company has a quick ratio of 0.48, a current ratio of 0.57 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $4.78 billion, a price-to-earnings ratio of 17.19, a price-to-earnings-growth ratio of 2.62 and a beta of 0.66.

ONE Gas (NYSE:OGS) last issued its earnings results on Monday, May 4th. The utilities provider reported $2.11 earnings per share for the quarter, missing the consensus estimate of $2.13 by ($0.02). The firm had revenue of $831.71 million during the quarter, compared to analysts’ expectations of $969.36 million. ONE Gas had a return on equity of 8.45% and a net margin of 11.77%.The company’s quarterly revenue was down 11.1% compared to the same quarter last year. During the same period last year, the business posted $1.99 earnings per share. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. Equities research analysts expect that ONE Gas, Inc. will post 4.72 EPS for the current year.

ONE Gas Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Monday, May 18th were given a $0.68 dividend. This represents a $2.72 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, May 18th. ONE Gas’s dividend payout ratio (DPR) is 61.40%.

Analysts Set New Price Targets

A number of equities research analysts have commented on OGS shares. Wall Street Zen cut ONE Gas from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Capital One Financial set a $93.00 price objective on ONE Gas in a report on Friday, June 12th. Truist Financial decreased their price objective on ONE Gas from $99.00 to $95.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Mizuho decreased their price objective on ONE Gas from $94.00 to $89.00 and set an “outperform” rating on the stock in a report on Tuesday, June 9th. Finally, Morgan Stanley set a $82.00 price objective on ONE Gas in a report on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $90.10.

ONE Gas 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.