UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 24,093 Shares of OGE Energy Corporation $OGE

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its stake in OGE Energy Corporation (NYSE:OGEFree Report) by 5.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 426,753 shares of the utilities provider’s stock after selling 24,093 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.21% of OGE Energy worth $20,766,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in OGE Energy in the second quarter valued at $1,277,554,000. Norges Bank bought a new stake in shares of OGE Energy in the 4th quarter valued at about $119,028,000. Morgan Stanley raised its holdings in shares of OGE Energy by 103.2% in the 4th quarter. Morgan Stanley now owns 4,628,210 shares of the utilities provider’s stock valued at $197,625,000 after purchasing an additional 2,350,574 shares during the period. Bank of New York Mellon Corp acquired a new stake in OGE Energy in the 2nd quarter valued at about $102,382,000. Finally, Energy Income Partners LLC acquired a new stake in OGE Energy in the 2nd quarter valued at about $99,016,000. 71.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at OGE Energy

In related news, SVP Donnie Jones sold 6,508 shares of the business’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $46.11, for a total value of $300,083.88. Following the completion of the sale, the senior vice president directly owned 40,555 shares in the company, valued at $1,869,991.05. The trade was a 13.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.57% of the stock is owned by company insiders.

OGE Energy Stock Up 0.1%

Shares of OGE opened at $46.92 on Friday. The firm has a market cap of $9.69 billion, a P/E ratio of 20.67, a price-to-earnings-growth ratio of 3.08 and a beta of 0.52. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.47 and a current ratio of 0.77. OGE Energy Corporation has a 52 week low of $41.69 and a 52 week high of $50.59. The firm’s 50-day simple moving average is $47.71 and its 200 day simple moving average is $47.78.

OGE Energy (NYSE:OGEGet Free Report) last issued its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.01. The firm had revenue of $711.90 million during the quarter, compared to the consensus estimate of $782.73 million. OGE Energy had a net margin of 14.44% and a return on equity of 9.48%. The business’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period last year, the business posted $0.53 earnings per share. On average, analysts forecast that OGE Energy Corporation will post 2.42 earnings per share for the current year.

OGE Energy News Summary

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

  • Positive Sentiment: RBC Capital upgraded OGE to “Outperform” from “Sector Perform,” signaling greater confidence in the utility’s expected performance relative to its industry. RBC cited an emerging growth inflection and potential capital-investment catalysts that could support earnings and long-term growth. RBC Capital upgrades OGE Energy to outperform OGE Energy growth inflection begins
  • Neutral Sentiment: A Zacks comparison examines whether OGE or RWE AG offers the better value among electric-power utilities. The report may attract value-oriented investors, but the article details provided do not identify a decisive change to OGE’s valuation or rating. RWE or OGE value stock comparison
  • Positive Sentiment: Zacks raised its forecasts for third-quarter 2026 EPS to $1.03 from $1.02, third-quarter 2027 EPS to $1.06 from $1.04, and fourth-quarter 2027 EPS to $0.61 from $0.58. These upward revisions provide modest support for the growth narrative.
  • Negative Sentiment: Zacks lowered estimates for first-quarter 2027 EPS to $0.35 from $0.37, second-quarter 2027 EPS to $0.58 from $0.60, first-quarter 2028 EPS to $0.49 from $0.50, and second-quarter 2028 EPS to $0.62 from $0.63. The revisions are mixed overall, while the full-year consensus remains $2.42 per share, reducing the immediate earnings impact.

Wall Street Analysts Forecast Growth

OGE has been the topic of a number of recent analyst reports. BMO Capital Markets lowered their price target on OGE Energy from $50.00 to $49.00 and set a “market perform” rating on the stock in a research report on Wednesday, July 22nd. Royal Bank Of Canada raised OGE Energy from a “sector perform” rating to an “outperform” rating and raised their price objective for the company from $50.00 to $54.00 in a research report on Wednesday. Weiss Ratings reiterated a “buy (b)” rating on shares of OGE Energy in a research note on Friday, July 31st. Wall Street Zen raised OGE Energy from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Finally, Barclays increased their price target on OGE Energy from $51.00 to $52.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $49.90.

Get Our Latest Report on OGE Energy

OGE Energy Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for OGE Energy (NYSE:OGE)

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