Short Interest in ONE Gas, Inc. (NYSE:OGS) Drops By 40.9%

ONE Gas, Inc. (NYSE:OGS) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 3,018,614 shares, a drop of 40.9% from the December 15th total of 5,106,964 shares. Approximately 5.1% of the company’s shares are sold short. Based on an average daily trading volume, of 435,218 shares, the days-to-cover ratio is presently 6.9 days. Based on an average daily trading volume, of 435,218 shares, the days-to-cover ratio is presently 6.9 days. Approximately 5.1% of the company’s shares are sold short.

More ONE Gas News

Here are the key news stories impacting ONE Gas this week:

• Positive Sentiment: Zacks raised several near‑term and full‑year estimates (including FY2026 to $4.69 and FY2025 to $4.37), and lifted certain quarter forecasts (e.g., Q1 2026 to $2.07, Q3 2026 to $0.47). These upgrades support a more constructive earnings outlook for the next 12–24 months. MarketBeat OGS
• Positive Sentiment: Zacks included OGS among three “sales growth picks” for steady returns in 2026 — a positive narrative for growth-focused investors. 3 Sales Growth Picks to Bet on for Steady Returns in 2026
• Neutral Sentiment: Analyst consensus remains an overall “Hold” on OGS, reflecting balanced expectations among brokers rather than a clear buy or sell signal. ONE Gas Receives Average Rating of “Hold”
• Negative Sentiment: Zacks also trimmed multiple near‑term and 2027 forecasts (examples: Q2 2026 cut to $0.71 from $0.77, Q1 2027 to $2.19 from $2.23, Q3/Q4 2027 and FY2027 slightly reduced to $4.90 from $4.92). These downgrades introduce downside risk to next‑year guidance and could pressure the stock if the company’s fundamentals don’t outpace expectations. MarketBeat OGS

Analyst Ratings Changes

A number of research firms recently weighed in on OGS. Bank of America increased their price objective on shares of ONE Gas from $90.00 to $92.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. Mizuho raised their price target on ONE Gas from $87.00 to $90.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 3rd. Jefferies Financial Group boosted their price objective on ONE Gas from $89.00 to $99.00 and gave the company a “buy” rating in a report on Wednesday, October 22nd. Weiss Ratings lowered ONE Gas from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 5th. Finally, UBS Group lowered their target price on ONE Gas from $86.00 to $83.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, ONE Gas presently has an average rating of “Hold” and a consensus target price of $85.86.

ONE Gas Stock Up 1.1%

OGS stock traded up $0.84 during mid-day trading on Thursday, reaching $78.39. The company had a trading volume of 27,451 shares, compared to its average volume of 320,537. The firm has a fifty day simple moving average of $79.34 and a 200 day simple moving average of $77.57. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.33 and a current ratio of 0.47. The company has a market capitalization of $4.70 billion, a price-to-earnings ratio of 18.27, a price-to-earnings-growth ratio of 2.47 and a beta of 0.81. ONE Gas has a fifty-two week low of $68.19 and a fifty-two week high of $83.96.

ONE Gas (NYSE:OGS) last announced its quarterly earnings data on Monday, November 3rd. The utilities provider reported $0.44 EPS for the quarter, hitting analysts’ consensus estimates of $0.44. The business had revenue of $379.13 million during the quarter, compared to the consensus estimate of $404.19 million. ONE Gas had a return on equity of 8.06% and a net margin of 10.76%.The business’s revenue for the quarter was up 11.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.34 earnings per share. ONE Gas has set its FY 2025 guidance at 4.340-4.400 EPS. Analysts forecast that ONE Gas will post 4.26 earnings per share for the current fiscal year.

ONE Gas Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 1st. Investors of record on Friday, November 14th were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Friday, November 14th. ONE Gas’s dividend payout ratio is 62.47%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in ONE Gas by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 33,528 shares of the utilities provider’s stock worth $2,534,000 after purchasing an additional 1,461 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of ONE Gas by 895.0% during the 1st quarter. NewEdge Advisors LLC now owns 2,985 shares of the utilities provider’s stock worth $226,000 after buying an additional 2,685 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of ONE Gas by 9.8% in the 1st quarter. Empowered Funds LLC now owns 5,848 shares of the utilities provider’s stock valued at $442,000 after buying an additional 522 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of ONE Gas by 18.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 219,598 shares of the utilities provider’s stock valued at $16,599,000 after buying an additional 34,647 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in ONE Gas during the 1st quarter worth $5,876,000. 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.